401(k) · DOL Form 5500 · 2023

Ashfield Healthcare, LLC 401(k) Plan

Data updated 2026-08-25

$108M
Total assets Near avg plan size
2,708
Participants Above avg headcount
92nd
Percentile by assets National rank
$39,799
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Inizio Retirement Plan · Sponsored by Ashfield Healthcare, LLC · Pennsylvania · Professional & Technical Services

$108M in assets, 2,708 participants

Ashfield Healthcare, LLC's Inizio Retirement Plan reported $108M in total assets and 2,708 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #18,878 in Professional & Technical Services (20,321 peers)

Coverage in Pennsylvania

Inizio Retirement Plan covers 2,708 participants in Pennsylvania, 3.3x the typical Pennsylvania plan (state average ~822 per filing). Assets: $108M.

#18,878
in Professional & Technical Services (20,321 peers)
+39.3%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Inizio Retirement Plan's outsized position by total assets

Inizio Retirement Plan vs every filed plan by assets

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

$107,775,638 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,050,000,000 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

Inizio Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Inizio Retirement Plan lands in the large band (2,708 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Inizio Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Inizio Retirement Plan reported participants rose from 1,916 in the plan year 2022 filing to 2,708 in the plan year 2023 filing.
  • Inizio Retirement Plan end-of-year assets rose from $77M in the plan year 2022 filing to $108M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 900789049 · Ashfield Healthcare, LLC PY 2023 · 401(k)

Inizio Retirement Plan · $108M · 2,708 · 92nd

  • ASSETS $108M
  • PCT 2,708
  • EIN 92nd
  • RANK 401(k)
  • PHOTO near Crouse Hospital 401(k) Plan
  • IND ind #18878

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Pennsylvania →

Inizio Retirement Plan in the asset neighbourhood

Haynes International, Inc. Combined Profit Sharing and Savings PlanHaynes International, Inc. C…$108MCrouse Hospital 401(k) Plan$108MInizio Retirement Plan$108MFamily Healthcare Associates Retirement PlanFamily Healthcare Associates…$108MGerman American Bancorp, Inc. 401(k) Savings PlanGerman American Bancorp, Inc…$108M
End-of-year total assets ($M) among Inizio Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$108M
Net Income$30M
Employer EIN900789049
Plan Effective Date2005-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ashfield Healthcare, LLC)

Sponsor-wide plan assets over time

All Ashfield Healthcare, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$140M 80.59883210024444% vs 2022
2024 filing year
$60M$80M$100M$120M$140M$160M 202220232024 $77.4M $140M ▲ +80.6%
Year Plans Participants Total Assets
2022 1 1,916 $77M
2023 1 2,708 $108M
2024 1 2,655 $140M

Nearby 401(k) Plans in Pennsylvania

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

Inizio Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants Inizio Retirement Plan, Total assets ($B): 0.107775638 · Participants: 2708Inizio Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Inizio Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Inizio Retirement Plan side-by-side with 3 peers →

Inizio Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Crouse Hospital 401(k) Plan in NY ($108M); by covered participants it is Graco Employee Investment Plan in MN (2,708 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,708 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Inizio Retirement Plan assets move in 2023? ▼
Inizio Retirement Plan surged - up 39.3% during 2023, from $77M to $108M. Reported net income was $30M.
How have Ashfield Healthcare, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ashfield Healthcare, LLC's sponsor-wide assets grew 80.6%, from $77M to $140M.
Where does Inizio Retirement Plan rank by assets among Form 5500 filers? ▼
Inizio Retirement Plan ranks in the 92nd 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 Inizio Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Crouse Hospital 401(k) Plan in NY ($108M, 780 participants).
Which 401(k) plans cover a similar participant headcount to Inizio Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Graco Employee Investment Plan in MN (2,708 participants, $572M in assets).

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 900789049.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.