401(k) · DOL Form 5500 · 2023

Ashfield Healthcare Comm. 401(k) Plan

Data updated 2026-08-11

$107M
Total assets
796
Participants
92nd
Percentile by assets
$134,228
Avg per participant
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Official DOL plan name: Inizio Employee Savings Plan · Sponsored by Ashfield Healthcare Comm. · Pennsylvania · Professional & Technical Services

$107M in assets, 796 participants

Ashfield Healthcare Comm.'s Inizio Employee Savings Plan reported $107M in total assets and 796 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #18,861 in Professional & Technical Services (20,321 peers)

Where Inizio Employee Savings Plan sits by assets

Inizio Employee Savings Plan sits in the top 10% of all filed plans by assets, $107M for 796 participants (~$134,228/participant), up 31.9% in 2023.

$107M
total plan assets (2023 EOY)
796
covered participants
92nd
percentile by assets (of 127,072 plans)
$134,228
avg assets per participant

Where Inizio Employee Savings Plan sits by total assets

Inizio Employee Savings Plan vs every filed plan by assets

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

$106,845,841 Top 8% higher than 92% 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

  • Inizio Employee Savings Plan reported net income rose from -$12M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Inizio Employee Savings Plan end-of-year assets rose from $81M in the plan year 2022 filing to $107M in the plan year 2023 filing.
  • Inizio Employee Savings Plan reported participants rose from 682 in the plan year 2022 filing to 796 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Pennsylvania
Industry
Professional & Technical Services

Inizio Employee Savings Plan vs the 2023 asset distribution

By assets, Inizio Employee Savings Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$81M
Net Assets (End of Year)$107M
Net Income$26M
Employer EIN208512445
Plan Effective Date2007-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ashfield Healthcare Comm.)

$60M$80M$100M$120M$140M 202220232024 $81M $134M ▲ +65.6%
Total plan assets by year, all Ashfield Healthcare Comm. plans on file
Year Plans Participants Total Assets
2022 1 682 $81M
2023 1 796 $107M
2024 1 838 $134M

Nearby 401(k) Plans in Pennsylvania

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

Inizio Employee Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Inizio Employee Savi…, Total assets ($B): 0.106845841 · Participants: 796Inizio Employee Savi…Comcast Corporation …, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation …Cigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirem…, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirem…The PNC Financial Se…, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Se…The Bank of New York…, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York…
Inizio Employee Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Inizio Employee Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Inizio Employee Savings Plan assets move in 2023? ▼
Inizio Employee Savings Plan surged - up 31.9% during 2023, from $81M to $107M. Reported net income was $26M.
How have Ashfield Healthcare Comm. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ashfield Healthcare Comm.'s sponsor-wide assets grew 65.6%, from $81M to $134M.
Where does Inizio Employee Savings Plan rank by assets among Form 5500 filers? ▼
Inizio Employee Savings 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 Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Exchange Bank Savings and Profit Sharing Plan in CA ($107M, 370 participants).

Next read for Inizio Employee Savings Plan

Scale reading

Ways to act on Inizio Employee Savings Plan's numbers.

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 208512445.

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.