401(k) · DOL Form 5500 · 2023

Mai Wealth Management, Inc. 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
382
Participants Below avg headcount
85th
Percentile by assets National rank
$122,436
Avg per participant Near avg balance/head
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Official DOL plan name: Mai Wealth Management Employee 401(k) Savings Plan · Sponsored by Mai Wealth Management, Inc. · Ohio · Finance & Insurance

$47M in assets, 382 participants

Mai Wealth Management, Inc.'s Mai Wealth Management Employee 401(k) Savings Plan reported $47M in total assets and 382 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,816 in Finance & Insurance (8,869 peers)

Coverage in Ohio

Mai Wealth Management Employee 401(k) Savings Plan covers 382 participants in Ohio, about 50% of the average Ohio filer (state average ~765 per filing). Assets: $47M.

#6,816
in Finance & Insurance (8,869 peers)
+31.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Mai Wealth Management Employee 401(k) Savings Plan's outsized position by total assets

Mai Wealth Management Employee 401(k) Savings Plan vs every filed plan by assets

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

$46,770,526 Top 15% higher than 85% 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

Mai Wealth Management Employee 401(k) Savings 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. Mai Wealth Management Employee 401(k) Savings Plan sits mid-pack in the medium band (382 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mai Wealth Management Employee 401(k) Savings Plan reported net income rose from -$1M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Mai Wealth Management Employee 401(k) Savings Plan reported participants rose from 285 in the plan year 2022 filing to 382 in the plan year 2023 filing.
  • Mai Wealth Management Employee 401(k) Savings Plan end-of-year assets rose from $36M in the plan year 2022 filing to $47M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 271099169 · Mai Wealth Management, Inc. PY 2023 · 401(k)

Mai Wealth Management Employee 401(k) Savings Plan · $47M · 382 · 85th

  • EOY $47M
  • 5500 382
  • ASSETS 85th
  • PCT 401(k)
  • EIN near Try-It Distributing Company, Inc & Subsidiaries Cash or Deferred Plan
  • RANK ind #6816

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 Finance & Insurance retirement plans → · Plans in Ohio →

Mai Wealth Management Employee 401(k) Savings Plan in the asset neighbourhood

Mai Wealth Management Employee 401(k) Savings PlanMai Wealth Management Employ…$47MTry-It Distributing Company, Inc & Subsidiaries Cash or Deferred PlanTry-It Distributing Company,…$47MRadius Health, Inc. 401(k) PlanRadius Health, Inc. 401(k) P…$47MCosco Fire Protection, Inc. 401(k) Savings PlanCosco Fire Protection, Inc. …$47MSound Credit Union 401(k) Retirement Savings Plan and TrustSound Credit Union 401(k) Re…$47M
End-of-year total assets ($M) among Mai Wealth Management Employee 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$47M
Net Income$11M
Employer EIN271099169
Plan Effective Date2007-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mai Wealth Management, Inc.)

Sponsor-wide plan assets over time

All Mai Wealth Management, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$68M 90.09216076506326% vs 2022
2024 filing year
$30M$40M$50M$60M$70M$80M 202220232024 $35.6M $67.7M ▲ +90.1%
Year Plans Participants Total Assets
2022 1 285 $36M
2023 1 382 $47M
2024 1 421 $68M

Nearby 401(k) Plans in Ohio

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

Mai Wealth Management Employee 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Mai Wealth Management Employee 401(k) Savings Plan, Total assets ($B): 0.046770526 · Participants: 382Mai Wealth Management Employee 401(k) Savings PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Mai Wealth Management Employee 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Mai Wealth Management Employee 401(k) Savings Plan side-by-side with 3 peers →

Mai Wealth Management Employee 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Try-It Distributing Company, Inc & Subsidiaries Cash or Deferred Plan in NY ($47M); by covered participants it is Clow Valve Company Hourly 401(k) Retirement Plan in AL (382 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (382 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 Mai Wealth Management Employee 401(k) Savings Plan assets move in 2023? ▼
Mai Wealth Management Employee 401(k) Savings Plan surged - up 31.2% during 2023, from $36M to $47M. Reported net income was $11M.
How have Mai Wealth Management, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mai Wealth Management, Inc.'s sponsor-wide assets grew 90.1%, from $36M to $68M.
Where does Mai Wealth Management Employee 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Mai Wealth Management Employee 401(k) Savings Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mai Wealth Management Employee 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Try-It Distributing Company, Inc & Subsidiaries Cash or Deferred Plan in NY ($47M, 664 participants).
Which 401(k) plans cover a similar participant headcount to Mai Wealth Management Employee 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Clow Valve Company Hourly 401(k) Retirement Plan in AL (382 participants, $12M 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 271099169.

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.