401(k) · DOL Form 5500 · 2023

Melrosewakefield Healthcare 401(k) Plan

Data updated 2026-08-11

$171M
Total assets
1,596
Participants
94th
Percentile by assets
$107,247
Avg per participant
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Official DOL plan name: Melrosewakefield Healthcare 401(k) Savings Plan · Sponsored by Melrosewakefield Healthcare · Massachusetts · Healthcare & Social Assistance

$171M in assets, 1,596 participants

Melrosewakefield Healthcare's Melrosewakefield Healthcare 401(k) Savings Plan reported $171M in total assets and 1,596 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #16,772 in Healthcare & Social Assistance (17,684 peers)

Coverage in Massachusetts

Melrosewakefield Healthcare 401(k) Savings Plan covers 1,596 participants in Massachusetts, 2.4x the typical Massachusetts plan (state average ~659 per filing). Assets: $171M.

$171M
total plan assets (2023 EOY)
1,596
covered participants
94th
percentile by assets (of 127,072 plans)
$107,247
avg assets per participant

Where Melrosewakefield Healthcare 401(k) Savings Plan sits by total assets

Melrosewakefield Healthcare 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$171,166,166 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Melrosewakefield Healthcare 401(k) Savings Plan reported net income rose from -$54M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Melrosewakefield Healthcare 401(k) Savings Plan reported participants fell from 1,807 in the plan year 2022 filing to 1,596 in the plan year 2023 filing.
  • Melrosewakefield Healthcare 401(k) Savings Plan end-of-year assets rose from $158M in the plan year 2022 filing to $171M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Melrosewakefield Healthcare 401(k) Savings Plan reports 1,596 participants - 2.4x that state average ($171M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$158M
Net Assets (End of Year)$171M
Net Income$13M
Employer EIN042103587
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Melrosewakefield Healthcare)

$150M$200M$250M$300M 202220232024 $258M $179M ▼ -30.8%
Total plan assets by year, all Melrosewakefield Healthcare plans on file
Year Plans Participants Total Assets
2022 3 3,927 $258M
2023 2 3,736 $171M
2024 1 1,444 $179M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Melrosewakefield Healthcare 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Melrosewakefield Healthcare 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Melrosewakefield Hea…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…Philips North Americ…
Melrosewakefield Healthcare 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Melrosewakefield Healthcare 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Melrosewakefield Healthcare 401(k) Savings Plan assets move in 2023?
Melrosewakefield Healthcare 401(k) Savings Plan grew at a solid clip - up 8.2% during 2023, from $158M to $171M. Reported net income was $13M.
How have Melrosewakefield Healthcare plan assets changed over time?
Across 3 plan years on file (2022-2024), Melrosewakefield Healthcare's sponsor-wide assets declined 30.8%, from $258M to $179M.
Where does Melrosewakefield Healthcare 401(k) Savings Plan rank by assets among Form 5500 filers?
Melrosewakefield Healthcare 401(k) Savings Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Melrosewakefield Healthcare 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is New Belgium Brewing Company, Inc. 401(k) Plan in CO ($171M, 1,332 participants).

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Filing takeaways

Ways to act on Melrosewakefield Healthcare 401(k) Savings Plan's numbers.