401(k) · DOL Form 5500 · 2023

Premier Medical Group, Inc. 401(k) Plan

Data updated 2026-08-11

$68M
Total assets: 257
Participants: 88th
Percentile by assets: $265,933
Avg per participant

Official DOL plan name: Premier Medical Group, Inc. 401(k) Profit Sharing Plan · Sponsored by Premier Medical Group, Inc. · Alabama · Healthcare & Social Assistance

$68M in assets, 257 participants

Premier Medical Group, Inc.'s Premier Medical Group, Inc. 401(k) Profit Sharing Plan reported $68M in total assets and 257 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

88th percentile by assets (of 127,072 plans)
#15,941 in Healthcare & Social Assistance (17,684 peers)

Where Premier Medical Group, Inc. 401(k) Profit Sharing Plan sits by assets

Premier Medical Group, Inc. 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $68M for 257 participants (~$265,933/participant), up 20.9% in 2023.

$68M
total plan assets (2023 EOY): 257
covered participants: 88th
percentile by assets (of 127,072 plans): $265,933
avg assets per participant

Premier Medical Group, Inc. 401(k) Profit Sharing Plan reported net income rose from -$12M in the plan year 2022 filing to $12M in the plan year 2023 filing.
Premier Medical Group, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $57M in the plan year 2022 filing to $68M in the plan year 2023 filing.
Premier Medical Group, Inc. 401(k) Profit Sharing Plan reported participants fell from 264 in the plan year 2022 filing to 257 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Alabama

Industry

Healthcare & Social Assistance

Premier Medical Group, Inc. 401(k) Profit Sharing Plan vs the 2023 asset distribution

By assets, Premier Medical Group, Inc. 401(k) Profit Sharing Plan outranks 88% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$57M
Net Assets (End of Year)	$68M
Net Income	$12M
Employer EIN	721356450
Plan Effective Date	1997-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Premier Medical Group, Inc.)

Total plan assets by year, all Premier Medical Group, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	264	$57M
2023	1	257	$68M
2024	1	285	$83M

Nearby 401(k) Plans in Alabama

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

Premier Medical Group, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Regions Financial Corporation 401(k) Plan $2.9B · 20,733
Encompass Health Corporation 401(k) Retirement Plan $1.5B · 24,565
Hexagon Employee Retirement Savings Plan $1.5B · 4,618
Vulcan 401(k) Plan $1.4B · 9,487
Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.1B · N/A

Compare Premier Medical Group, Inc. 401(k) Profi… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Premier Medical Group, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Scentsy, Inc. Retirement Plan (ID) $68M · 1,443
Rite Aid Corporation 401(k) Plan for Collectively Bargained Associates (PA) $68M · 7,834
Amcon Distributing Company Profit Sharing Plan (NE) $68M · 1,030
Re/Max, LLC 401(k) Retirement Savings Plan (CO) $68M · 565

Frequently Asked Questions

How did Premier Medical Group, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼

Premier Medical Group, Inc. 401(k) Profit Sharing Plan grew sharply - up 20.9% during 2023, from $57M to $68M. Reported net income was $12M.

How have Premier Medical Group, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Premier Medical Group, Inc.'s sponsor-wide assets grew 47.3%, from $57M to $83M.

Where does Premier Medical Group, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Premier Medical Group, Inc. 401(k) Profit Sharing Plan ranks in the 88th 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 Premier Medical Group, Inc. 401(k) Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Scentsy, Inc. Retirement Plan in ID ($68M, 1,443 participants).

Next read for Premier Medical Group, Inc. 401(k) Profi…

Scale reading

Ways to act on Premier Medical Group, Inc. 401(k) Profit Sharing Plan's numbers.

By total assets, Premier Medical Group, Inc. 401(k) Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
Premier Medical Group, Inc.'s sponsor-wide assets have grown 47.3% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

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 721356450.