Money Purchase · DOL Form 5500 · 2024
Laboratorio Clinico Medina, Inc Retirement Plan
Data updated 2026-05-15
- $851K
- Total assets
- 14
- Participants
- 22th
- Percentile by assets
- $60,768
- Avg per participant
Sponsored by Laboratorio Clinico Medina, Inc · Puerto Rico · Healthcare & Social Assistance
What the 2024 filing shows
Laboratorio Clinico Medina, Inc Retirement Plan holds $851K for 14 participants - about $60,768 per participant, among the smaller plans by assets on file, up 26.2% over the 2024 plan year.
- $851K
- total plan assets (2024 EOY)
- 14
- covered participants
- 22th
- percentile by assets (of 116,472 plans)
- $60,768
- avg assets per participant
Money Purchase · DOL Form 5500 · 2024
What the Filing Says About Laboratorio Clinico Medina, Inc Retirement Plan
Laboratorio Clinico Medina, Inc Retirement Plan is a Money Purchase retirement plan sponsored by Laboratorio Clinico Medina, Inc, headquartered in Puerto Rico. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $851K in total end-of-year assets and covers 14 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 660416270, and the plan has been effective since 2001-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets grew sharply from $674K at the beginning of 2024 to $851K at year-end - up 26.2%. Net assets (after liabilities) closed the year at $817K, with reported net income of $159K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Across the 3 plan years Laboratorio Clinico Medina, Inc has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $441K to $851K, a gain of 93.0%, while reported participants moved from 8 to 14 (+75.0%). The strongest year on file by total sponsor assets was 2024 at $851K; the softest was 2022 at $441K. Year-by-year, sponsor-wide filings show: 2022 - $441K in assets across 1 plan covering 8 participants; 2023 - $674K in assets across 1 plan covering 6 participants; 2024 - $851K in assets across 1 plan covering 14 participants.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Laboratorio Clinico Medina, Inc Retirement Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2024)
| Total Assets (Beginning of Year) | $674K |
|---|---|
| Total Assets (End of Year) | $851K |
| Net Assets (End of Year) | $817K |
| Net Income | $159K |
| Plan Type | Money Purchase |
| Employer EIN | 660416270 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Laboratorio Clinico Medina, Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8 | $441K |
| 2023 | 1 | 6 | $674K |
| 2024 | 1 | 14 | $851K |
Nearby Money Purchase Plans in Puerto Rico
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Frequently Asked Questions
How much money is in the Laboratorio Clinico Medina, Inc Retirement Plan? ▼
What type of plan is Laboratorio Clinico Medina, Inc Retirement Plan? ▼
Who sponsors the Laboratorio Clinico Medina, Inc Retirement Plan? ▼
How did Laboratorio Clinico Medina, Inc Retirement Plan perform in 2024? ▼
What this filing means
Ways to act on Laboratorio Clinico Medina, Inc Retirement Plan's numbers.
- By total assets, Laboratorio Clinico Medina, Inc Retirement Plan ranks among the smaller plans by assets on file. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Puerto Rico. Compare plans
- Laboratorio Clinico Medina, Inc's sponsor-wide assets have grown 93.0% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans
- A Money Purchase plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 660416270.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.