Profit Sharing · DOL Form 5500 · 2023

Brown Physicians, Inc. Profit Sharing Plan

Data updated 2026-08-11

$281M
Total assets: 1,274
Participants: 96th
Percentile by assets: $220,462
Avg per participant

Official DOL plan name: Brown Physicians, Inc. 401(a) Plan · Sponsored by Brown Physicians, Inc. · Rhode Island · Healthcare & Social Assistance

$281M in assets, 1,274 participants

Brown Physicians, Inc.'s Brown Physicians, Inc. 401(a) Plan reported $281M in total assets and 1,274 participants in its 2023 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

96th percentile by assets (of 127,072 plans)
#17,036 in Healthcare & Social Assistance (17,684 peers)

Where Brown Physicians, Inc. 401(a) Plan sits by assets

Brown Physicians, Inc. 401(a) Plan sits in the top 5% of all filed plans by assets, $281M for 1,274 participants (~$220,462/participant), up 18.3% in 2023.

$281M
total plan assets (2023 EOY): 1,274
covered participants: 96th
percentile by assets (of 127,072 plans): $220,462
avg assets per participant

Brown Physicians, Inc. 401(a) Plan reported net income rose from -$41M in the plan year 2022 filing to $44M in the plan year 2023 filing.
Brown Physicians, Inc. 401(a) Plan reported participants rose from 949 in the plan year 2022 filing to 1,274 in the plan year 2023 filing.
Brown Physicians, Inc. 401(a) Plan end-of-year assets rose from $237M in the plan year 2022 filing to $281M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Rhode Island

Industry

Healthcare & Social Assistance

Brown Physicians, Inc. 401(a) Plan vs the 2023 asset distribution

By assets, Brown Physicians, Inc. 401(a) Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$237M
Net Assets (End of Year)	$281M
Net Income	$44M
Employer EIN	821858635
Plan Effective Date	1982-09-23
Filing Status	FILING RECEIVED

Sponsor Plan History (Brown Physicians, Inc.)

Total plan assets by year, all Brown Physicians, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,922	$445M
2023	2	2,545	$529M
2024	2	2,459	$607M

Nearby Profit Sharing Plans in Rhode Island

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Brown Physicians, Inc. 401(a) Plan vs. nearby Profit Sharing plans in Rhode Island, assets vs. participants

Care New England 403(b) Match & Savings Plan $516M · 7,471
Textron Retirement Account Plan Trust $332M · 10,046
International Brotherhood of Electrical Workers Local Union No. 99 Annuity Plan $179M · 694
Iuoe Local 57 Annuity Plan $132M · 938
Meeting Street Retirement Plan $22M · 302

Compare Brown Physicians, Inc. 401(a) Plan side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Brown Physicians, Inc. 401(a) Plan by total assets, not by location.

Union Individual Account Retirement Fund (WI) $280M · 3,203
IBEW Local 150 Supplemental Pension Fund (KY) $279M · 1,293
Clarios Retirement Savings and Investment Plan (WI) $278M · 4,856
American Institutes for Research Tax Deferred Annuity Plan (VA) $277M · 1,521

Frequently Asked Questions

How did Brown Physicians, Inc. 401(a) Plan assets move in 2023? ▼

Brown Physicians, Inc. 401(a) Plan grew sharply - up 18.3% during 2023, from $237M to $281M. Reported net income was $44M.

How have Brown Physicians, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Brown Physicians, Inc.'s sponsor-wide assets grew 36.4%, from $445M to $607M.

Where does Brown Physicians, Inc. 401(a) Plan rank by assets among Form 5500 filers? ▼

Brown Physicians, Inc. 401(a) Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Brown Physicians, Inc. 401(a) Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Union Individual Account Retirement Fund in WI ($280M, 3,203 participants).

Next read for Brown Physicians, Inc. 401(a) Plan

Scale reading

Ways to act on Brown Physicians, Inc. 401(a) Plan's numbers.

By total assets, Brown Physicians, Inc. 401(a) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Rhode Island. Compare plans
Brown Physicians, Inc.'s sponsor-wide assets have grown 36.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 821858635.