401(k) · DOL Form 5500 · 2023

National Medical Care, Inc. 401(k) Plan

Data updated 2026-08-11

$4.0B
Total assets
63,135
Participants
100th
Percentile by assets
$62,858
Avg per participant
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Official DOL plan name: Fresenius Medical Care North America 401 (K) Savings Plan · Sponsored by National Medical Care, Inc. · Massachusetts · Healthcare & Social Assistance

$4.0B in assets, 63,135 participants

National Medical Care, Inc.'s Fresenius Medical Care North America 401 (K) Savings Plan reported $4.0B in total assets and 63,135 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 127,072 plans)
  • #17,646 in Healthcare & Social Assistance (17,684 peers)

Coverage in Massachusetts

Fresenius Medical Care North America 401 (K) Savings Plan covers 63,135 participants in Massachusetts, 96x the typical Massachusetts plan (state average ~659 per filing). Assets: $4.0B.

$4.0B
total plan assets (2023 EOY)
63,135
covered participants
100th
percentile by assets (of 127,072 plans)
$62,858
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fresenius Medical Care North America 401 (K) Savings Plan reported net income rose from -$496M in the plan year 2022 filing to $440M in the plan year 2023 filing.
  • Fresenius Medical Care North America 401 (K) Savings Plan end-of-year assets rose from $3.5B in the plan year 2022 filing to $4.0B in the plan year 2023 filing.
  • Fresenius Medical Care North America 401 (K) Savings Plan reported participants fell from 63,529 in the plan year 2022 filing to 63,135 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Fresenius Medical Care North America 401 (K) Savings Plan reports 63,135 participants - 96x that state average ($4.0B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$3.5B
Net Assets (End of Year)$4.0B
Net Income$440M
Employer EIN042835488
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Medical Care, Inc.)

$3.5B$4B$4.5B$5B 202220232024 $3.82B $4.7B ▲ +23.0%
Total plan assets by year, all National Medical Care, Inc. plans on file
Year Plans Participants Total Assets
2022 2 68,236 $3.8B
2023 2 67,428 $4.3B
2024 2 67,261 $4.7B

Nearby 401(k) Plans in Massachusetts

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

Fresenius Medical Care North America 401 (K) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Fresenius Medical Care North America 401 (K) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 0102030 Total assets ($B) Participants Fresenius Medical Ca…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…Philips North Americ…
Fresenius Medical Care North America 401 (K) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Scale composition for Fresenius Medical Care North America 401 (K) Savings Plan

Fresenius Medical Care North America 401 (K) Savings Plan reports $4.0B in end-of-year assets across 63,135 participants (0.032% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.067% of 93,925,755 covered participants) - about $62,858 per participant (45% of the national average assets-per-participant) . Net income for plan year 2023 was $440M.

This plan identity (EIN 042835488, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.5B to $4.4B (+23.2%) while covered participants moved from 63,529 to 63,238 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 63,529 $3.5B Open filing
2023 63,135 $4.0B This page
2024 · index core 63,238 $4.4B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Fresenius Medical Care North America 401 (K) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Fresenius Medical Care North America 401 (K) Savings Plan assets move in 2023?
Fresenius Medical Care North America 401 (K) Savings Plan grew at a solid clip - up 11.9% during 2023, from $3.5B to $4.0B. Reported net income was $440M.
How have National Medical Care, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), National Medical Care, Inc.'s sponsor-wide assets grew 22.8%, from $3.8B to $4.7B.
Where does Fresenius Medical Care North America 401 (K) Savings Plan rank by assets among Form 5500 filers?
Fresenius Medical Care North America 401 (K) Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Fresenius Medical Care North America 401 (K) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Omnicom Group Retirement Savings Plan in NY ($4.0B, 27,549 participants).

Next read for Fresenius Medical Care North America 401…

Filing takeaways

Ways to act on Fresenius Medical Care North America 401 (K) Savings Plan's numbers.