401(k) · DOL Form 5500 · 2023

Selma Medical Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
88
Participants Small participant base
72nd
Percentile by assets National rank
$222,168
Avg per participant Above avg balance/head
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Official DOL plan name: Selma Medical Assoc Inc 401(k) Profit Sharing Plan · Sponsored by Selma Medical Associates, Inc. · Virginia · Healthcare & Social Assistance

$20M in assets, 88 participants

Selma Medical Associates, Inc.'s Selma Medical Assoc Inc 401(k) Profit Sharing Plan reported $20M in total assets and 88 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #13,560 in Healthcare & Social Assistance (17,684 peers)

Selma Medical Associates, Inc. multi-year trail

Selma Medical Associates, Inc.'s plans moved +23.5% in assets from 2022 to 2024; this filing shows Selma Medical Assoc Inc 401(k) Profit Sharing Plan at $20M / 88 participants.

#13,560
in Healthcare & Social Assistance (17,684 peers)
+9.1%
assets growth YoY

Selma Medical Assoc Inc 401(k) Profit Sharing Plan's outsized position by total assets

Selma Medical Assoc Inc 401(k) Profit Sharing Plan vs every filed plan by assets

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

$19,550,770 Top 28% higher than 72% 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

Selma Medical Assoc Inc 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Selma Medical Assoc Inc 401(k) Profit Sharing Plan is a small filing (88 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Selma Medical Assoc Inc 401(k) Profit Sharing Plan reported net income rose from -$6M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Selma Medical Assoc Inc 401(k) Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Selma Medical Assoc Inc 401(k) Profit Sharing Plan reported participants fell from 93 in the plan year 2022 filing to 88 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 541003042 · Selma Medical Associates, Inc. PY 2023 · 401(k)

Selma Medical Assoc Inc 401(k) Profit Sharing Plan · $20M · 88 · 72nd

  • IND $20M
  • IND 88
  • IND 72nd
  • IND 401(k)
  • IND near Hoosier Motor Club Retirement Savings Plan
  • IND ind #13560

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 Virginia →

Selma Medical Assoc Inc 401(k) Profit Sharing Plan in the asset neighbourhood

Selma Medical Assoc Inc 401(k) Profit Sharing PlanSelma Medical Assoc Inc 401(…$20MHoosier Motor Club Retirement Savings PlanHoosier Motor Club Retiremen…$20MWeiss Technik North America, Inc. 401(k) PlanWeiss Technik North America,…$20MHelix 401 (K) Plan$20MHuman Kinetics, Inc. 401(k) PlanHuman Kinetics, Inc. 401(k) …$20M
End-of-year total assets ($M) among Selma Medical Assoc Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Selma Medical Associates, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Selma Medical Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 23.500248526703334% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.9M $22.1M ▲ +23.5%
Year Plans Participants Total Assets
2022 1 93 $18M
2023 1 88 $20M
2024 1 89 $22M

Selma Medical Associates, Inc. filing trail (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN541003042
Plan Effective Date1975-12-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Selma Medical Assoc Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Selma Medical Assoc Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.01955077 · Participants: 88Selma Medical Assoc Inc 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Selma Medical Assoc Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Selma Medical Assoc Inc 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Hoosier Motor Club Retirement Savings Plan in IN ($20M); by covered participants it is Martines Palmeiro Construction 401(k) Plan in CO (88 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (88 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 Selma Medical Assoc Inc 401(k) Profit Sharing Plan assets move in 2023?
Selma Medical Assoc Inc 401(k) Profit Sharing Plan grew at a solid clip - up 9.1% during 2023, from $18M to $20M. Reported net income was $2M.
How have Selma Medical Associates, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Selma Medical Associates, Inc.'s sponsor-wide assets grew 23.5%, from $18M to $22M.
Which 401(k) plans are similar in size to Selma Medical Assoc Inc 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Hoosier Motor Club Retirement Savings Plan in IN ($20M, 203 participants).
Which 401(k) plans cover a similar participant headcount to Selma Medical Assoc Inc 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Martines Palmeiro Construction 401(k) Plan in CO (88 participants, N/A in assets).