401(k) · DOL Form 5500 · 2023

Medical Specialists of the Palm Beaches, Inc. 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
300
Participants Below avg headcount
86th
Percentile by assets National rank
$174,214
Avg per participant Above avg balance/head
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Official DOL plan name: Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan · Sponsored by Medical Specialists of the Palm Beaches, Inc. · Florida · Healthcare & Social Assistance

$52M in assets, 300 participants

Medical Specialists of the Palm Beaches, Inc.'s Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan reported $52M in total assets and 300 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #15,588 in Healthcare & Social Assistance (17,684 peers)

Coverage in Florida

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan covers 300 participants in Florida, about 48% of the average Florida filer (state average ~628 per filing). Assets: $52M.

#15,588
in Healthcare & Social Assistance (17,684 peers)
+9.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan's outsized position by total assets

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$52,264,068 Top 14% higher than 86% 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

Medical Specialists of the Palm Beaches, Inc. 401(k) 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. Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan sits mid-pack in the medium band (300 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan reported net income rose from -$11M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan reported participants rose from 216 in the plan year 2022 filing to 300 in the plan year 2023 filing.
  • Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan end-of-year assets rose from $48M in the plan year 2022 filing to $52M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 650580501 · Medical Specialists of the Palm Beaches, Inc. PY 2023 · 401(k)

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan · $52M · 300 · 86th

  • SCH $52M
  • EBSA 300
  • PART 86th
  • TYPE 401(k)
  • NET near People, Inc. 401(k) Profit Sharing Plan
  • BOOK ind #15588

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 Florida →

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan in the asset neighbourhood

Paramount Group Management 401(k) PlanParamount Group Management 4…$52MHgl-Lbm Holdings, LLC Profit Sharing PlanHgl-Lbm Holdings, LLC Profit…$52MMedical Specialists of the Palm Beaches, Inc. 401(k) Savings PlanMedical Specialists of the P…$52MPeople, Inc. 401(k) Profit Sharing PlanPeople, Inc. 401(k) Profit S…$52MH.F. Lenz Company 401(k) and Profit Sharing PlanH.F. Lenz Company 401(k) and…$52M
End-of-year total assets ($M) among Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$52M
Net Income$5M
Employer EIN650580501
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medical Specialists of the Palm Beaches, Inc.)

Sponsor-wide plan assets over time

All Medical Specialists of the Palm Beaches, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$20M$40M$60M 202220232024 $47.7M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 216 $48M
2023 1 300 $52M
2024 1 316 N/A

Nearby 401(k) Plans in Florida

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

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan, Total assets ($B): 0.052264068 · Participants: 300Medical Specialists of the Palm Beaches, Inc. 401(k) Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is People, Inc. 401(k) Profit Sharing Plan in NY ($52M); by covered participants it is Limco-Piedmont, Inc. 401(k) Retirement Plan in OK (300 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (300 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 Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan assets move in 2023? ▼
Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan grew at a solid clip - up 9.7% during 2023, from $48M to $52M. Reported net income was $5M.
Where does Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan ranks in the 86th 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 Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is People, Inc. 401(k) Profit Sharing Plan in NY ($52M, 3,488 participants).
Which 401(k) plans cover a similar participant headcount to Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Limco-Piedmont, Inc. 401(k) Retirement Plan in OK (300 participants, $11M 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 650580501.

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.