401(k) · DOL Form 5500 · 2023

Sterling Medical Corporation 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
719
Participants Below avg headcount
66th
Percentile by assets National rank
$19,907
Avg per participant Low balance/head
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Official DOL plan name: Sterling Medical 401(k) Plan · Sponsored by Sterling Medical Corporation · Ohio · Healthcare & Social Assistance

$14M in assets, 719 participants

Sterling Medical Corporation's Sterling Medical 401(k) Plan reported $14M in total assets and 719 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #12,614 in Healthcare & Social Assistance (17,684 peers)

Sterling Medical Corporation multi-year trail

Sterling Medical Corporation's plans moved +19.2% in assets from 2022 to 2024; this filing shows Sterling Medical 401(k) Plan at $14M / 719 participants.

#12,614
in Healthcare & Social Assistance (17,684 peers)
+11.4%
assets growth YoY

Sterling Medical 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Sterling Medical 401(k) Plan vs every filed plan by assets

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

$14,313,093 Top 34% higher than 66% 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

Sterling Medical 401(k) 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. Sterling Medical 401(k) Plan sits mid-pack in the medium band (719 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sterling Medical 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Sterling Medical 401(k) Plan reported participants fell from 902 in the plan year 2022 filing to 719 in the plan year 2023 filing.
  • Sterling Medical 401(k) Plan end-of-year assets rose from $13M in the plan year 2022 filing to $14M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 311278260 · Sterling Medical Corporation PY 2023 · 401(k)

Sterling Medical 401(k) Plan · $14M · 719 · 66th

  • TYPE $14M
  • TYPE 719
  • TYPE 66th
  • TYPE 401(k)
  • TYPE near South Georgia Pecan Company, Inc. 401(k) Profit Sharing Plan
  • TYPE ind #12614

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 Ohio →

Sterling Medical 401(k) Plan in the asset neighbourhood

Sterling Medical 401(k) Plan$14MSouth Georgia Pecan Company, Inc. 401(k) Profit Sharing PlanSouth Georgia Pecan Company,…$14MBelluck & Fox Retirement Plan$14MSt. Joseph's Hospital 401(k)$14MThe Law Company, Inc. 401(k) Retirement PlanThe Law Company, Inc. 401(k)…$14M
End-of-year total assets ($M) among Sterling Medical 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Sterling Medical Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Sterling Medical Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$15M 19.16303550970266% vs 2022
2024 filing year
$12M$13M$14M$15M$16M 202220232024 $12.9M $15.3M ▲ +19.1%
Year Plans Participants Total Assets
2022 1 902 $13M
2023 1 719 $14M
2024 1 636 $15M

Sterling Medical Corporation filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$1M
Employer EIN311278260
Plan Effective Date1996-02-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Sterling Medical 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Sterling Medical 401(k) Plan, Total assets ($B): 0.014313093 · Participants: 719Sterling Medical 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Sterling Medical 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Sterling Medical 401(k) Plan side-by-side with 3 peers →

Sterling Medical 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is South Georgia Pecan Company, Inc. 401(k) Profit Sharing Plan in GA ($14M); by covered participants it is Direct Chassislink, Inc. 401(k) Savings Plan in NC (719 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (719 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 Sterling Medical 401(k) Plan assets move in 2023? ▼
Sterling Medical 401(k) Plan grew at a solid clip - up 11.4% during 2023, from $13M to $14M. Reported net income was $1M.
How have Sterling Medical Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sterling Medical Corporation's sponsor-wide assets grew 19.2%, from $13M to $15M.
Which 401(k) plans are similar in size to Sterling Medical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is South Georgia Pecan Company, Inc. 401(k) Profit Sharing Plan in GA ($14M, 365 participants).
Which 401(k) plans cover a similar participant headcount to Sterling Medical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Direct Chassislink, Inc. 401(k) Savings Plan in NC (719 participants, $38M 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 311278260.

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.