401(k) · DOL Form 5500 · 2023

Medworks, Inc. 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
340
Participants Below avg headcount
82nd
Percentile by assets National rank
$111,735
Avg per participant Below avg balance/head
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Official DOL plan name: Medworks, Inc. Retirement Savings Plan · Sponsored by Medworks, Inc. · Indiana · Healthcare & Social Assistance

$38M in assets, 340 participants

Medworks, Inc.'s Medworks, Inc. Retirement Savings Plan reported $38M in total assets and 340 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #15,035 in Healthcare & Social Assistance (17,684 peers)

Where Medworks, Inc. Retirement Savings Plan sits by assets

Medworks, Inc. Retirement Savings Plan sits in the top quartile of all filed plans by assets, $38M for 340 participants (~$111,735/participant), up 24.4% in 2023.

#15,035
in Healthcare & Social Assistance (17,684 peers)
+24.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Medworks, Inc. Retirement Savings Plan's outsized position by total assets

Medworks, Inc. Retirement Savings Plan vs every filed plan by assets

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

$37,989,921 Top 18% higher than 82% 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

Medworks, Inc. Retirement 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. Medworks, Inc. Retirement Savings Plan sits mid-pack in the medium band (340 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Medworks, Inc. Retirement Savings Plan reported net income rose from -$4M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Medworks, Inc. Retirement Savings Plan end-of-year assets rose from $31M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • Medworks, Inc. Retirement Savings Plan reported participants rose from 330 in the plan year 2022 filing to 340 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 352000863 · Medworks, Inc. PY 2023 · 401(k)

Medworks, Inc. Retirement Savings Plan · $38M · 340 · 82nd

  • EOY $38M
  • 5500 340
  • ASSETS 82nd
  • PCT 401(k)
  • EIN near Liftoff 401(k) Plan
  • RANK ind #15035

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 Healthcare & Social Assistance retirement plans → · Plans in Indiana →

Medworks, Inc. Retirement Savings Plan in the asset neighbourhood

Medworks, Inc. Retirement Savings PlanMedworks, Inc. Retirement Sa…$38MLiftoff 401(k) Plan$38MGenesis Corp. 401(k) Employees Savings PlanGenesis Corp. 401(k) Employe…$38MBass Underwriters, Inc. 401(k) P.S. PlanBass Underwriters, Inc. 401(…$38MWestfield Capital 401(k) Plan$38M
End-of-year total assets ($M) among Medworks, Inc. Retirement 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)$31M
Net Assets (End of Year)$38M
Net Income$7M
Employer EIN352000863
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medworks, Inc.)

Sponsor-wide plan assets over time

All Medworks, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$45M 47.863001512286026% vs 2022
2024 filing year
$25M$30M$35M$40M$45M$50M 202220232024 $30.6M $45.2M ▲ +47.9%
Year Plans Participants Total Assets
2022 1 330 $31M
2023 1 340 $38M
2024 1 350 $45M

Nearby 401(k) Plans in Indiana

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

Medworks, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Medworks, Inc. Retirement Savings Plan, Total assets ($B): 0.037989921 · Participants: 340Medworks, Inc. Retirement Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Medworks, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Medworks, Inc. Retirement Savings Plan side-by-side with 3 peers →

Medworks, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Liftoff 401(k) Plan in CA ($38M); by covered participants it is Red River Bank 401(k) Profit Sharing Plan in LA (340 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($38M here).

Similar participant headcount

Nearest other-state filings by covered participants (340 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 Medworks, Inc. Retirement Savings Plan assets move in 2023? ▼
Medworks, Inc. Retirement Savings Plan grew sharply - up 24.4% during 2023, from $31M to $38M. Reported net income was $7M.
How have Medworks, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Medworks, Inc.'s sponsor-wide assets grew 47.9%, from $31M to $45M.
Where does Medworks, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Medworks, Inc. Retirement Savings Plan ranks in the 82nd 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 Medworks, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Liftoff 401(k) Plan in CA ($38M, 458 participants).
Which 401(k) plans cover a similar participant headcount to Medworks, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Red River Bank 401(k) Profit Sharing Plan in LA (340 participants, $32M 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 352000863.

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.