401(k) · DOL Form 5500 · 2023

Medicago USA, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
169
Participants Small participant base
58th
Percentile by assets National rank
$58,853
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Medicago Retirement Plan · Sponsored by Medicago USA, Inc. · New Jersey · Manufacturing

$10M in assets, 169 participants

Medicago USA, Inc.'s Medicago Retirement Plan reported $10M in total assets and 169 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #8,359 in Manufacturing (18,722 peers)

Coverage in New Jersey

Medicago Retirement Plan covers 169 participants in New Jersey, about 20% of the average New Jersey filer (state average ~844 per filing). Assets: $10M.

#8,359
in Manufacturing (18,722 peers)
-21.8%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Medicago Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Medicago Retirement Plan vs every filed plan by assets

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

$9,946,217 Top 42% higher than 58% 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

Medicago Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Medicago Retirement Plan sits mid-pack in the medium band (169 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Medicago Retirement Plan reported net income fell from -$524K in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Medicago Retirement Plan end-of-year assets fell from $13M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Medicago Retirement Plan reported participants fell from 192 in the plan year 2022 filing to 169 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 460524801 · Medicago USA, Inc. PY 2023 · 401(k)

Medicago Retirement Plan · $10M · 169 · 58th

  • PHOTO $10M
  • PHOTO 169
  • PHOTO 58th
  • PHOTO 401(k)
  • PHOTO near Tandium Corporation Retirement Savings Plan
  • PHOTO ind #8359

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 Manufacturing retirement plans → · Plans in New Jersey →

Medicago Retirement Plan in the asset neighbourhood

Medicago Retirement Plan$10MTandium Corporation Retirement Savings PlanTandium Corporation Retireme…$10MFarmers-Merchants Bank & Trust Company Profit Sharing PlanFarmers-Merchants Bank & Tru…$10MHilbers, Inc. 401(k) Plan and TrustHilbers, Inc. 401(k) Plan an…$10MNew Glarus Brewing Company 401(k) PlanNew Glarus Brewing Company 4…$10M
End-of-year total assets ($M) among Medicago Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$10M
Net Income-$3M
Employer EIN460524801
Plan Effective Date2019-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medicago USA, Inc.)

Sponsor-wide plan assets over time

All Medicago USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 21.839915514139665% vs 2022
2023 filing year
$9M$10M$11M$12M$13M$14M 20222023 $12.7M $9.95M ▼ -21.8%
Year Plans Participants Total Assets
2022 1 192 $13M
2023 2 173 $10M

Nearby 401(k) Plans in New Jersey

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

Medicago Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Medicago Retirement Plan, Total assets ($B): 0.009946217 · Participants: 169Medicago Retirement PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Medicago Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

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

Outside New Jersey, the nearest 401(k) by assets is Tandium Corporation Retirement Savings Plan in MD ($10M); by covered participants it is Baker Roofing Company 401(k) Profit Sharing Plan in NC (169 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (169 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 Medicago Retirement Plan assets move in 2023?
Medicago Retirement Plan declined sharply - down 21.8% during 2023, from $13M to $10M. Reported net income was -$3M.
How have Medicago USA, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Medicago USA, Inc.'s sponsor-wide assets declined 21.8%, from $13M to $10M.
Which 401(k) plans are similar in size to Medicago Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Tandium Corporation Retirement Savings Plan in MD ($10M, 199 participants).
Which 401(k) plans cover a similar participant headcount to Medicago Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Baker Roofing Company 401(k) Profit Sharing Plan in NC (169 participants, N/A in assets).