401(k) · DOL Form 5500 · 2023

Ashfield Healthcare Comm. 401(k) Plan

Data updated 2026-08-25

$107M
Total assets Near avg plan size
796
Participants Near avg headcount
92nd
Percentile by assets National rank
$134,228
Avg per participant Near avg balance/head
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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.

  • #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.

#18,861
in Professional & Technical Services (20,321 peers)
+31.9%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Inizio Employee Savings Plan's outsized position 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 $2,050,000,000 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 Employee 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. Inizio Employee Savings Plan sits mid-pack in the medium band (796 participants).

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 →

Plan-year Form 5500 strip

Filing strip 208512445 · Ashfield Healthcare Comm. PY 2023 · 401(k)

Inizio Employee Savings Plan · $107M · 796 · 92nd

  • NET $107M
  • NET 796
  • NET 92nd
  • NET 401(k)
  • NET near Exchange Bank Savings and Profit Sharing Plan
  • NET ind #18861

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 Employee Savings Plan in the asset neighbourhood

Foley Savings Plan$107MInizio Employee Savings Plan$107MExchange Bank Savings and Profit Sharing PlanExchange Bank Savings and Pr…$107MSavings Plan of Asarco LLC and Participating SubsidiariesSavings Plan of Asarco LLC a…$107MAcli Income Plan$107M
End-of-year total assets ($M) among Inizio Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Ashfield Healthcare Comm. plans reported in each filing year

Latest sponsor-wide plan assets
$134M 65.57242675558922% vs 2022
2024 filing year
$60M$80M$100M$120M$140M 202220232024 $81M $134M ▲ +65.6%
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 ($B) Participants Inizio Employee Savings Plan, Total assets ($B): 0.106845841 · Participants: 796Inizio Employee Savings 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 Employee Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Inizio Employee Savings Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest 401(k) by assets is Exchange Bank Savings and Profit Sharing Plan in CA ($107M); by covered participants it is Ufp Technologies, Inc. 401(k) Plan in MA (796 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($107M here).

Similar participant headcount

Nearest other-state filings by covered participants (796 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 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).
Which 401(k) plans cover a similar participant headcount to Inizio Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ufp Technologies, Inc. 401(k) Plan in MA (796 participants, $52M 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 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.