401(k) · DOL Form 5500 · 2024

Medical Information Technology, Inc 401(k) Plan

Data updated 2026-08-25

$103M
Total assets Near avg plan size
3,333
Participants Above avg headcount
91st
Percentile by assets National rank
$30,941
Avg per participant Low balance/head
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Official DOL plan name: Medical Information Technology, Inc. 401(k) Plan · Sponsored by Medical Information Technology, Inc · Massachusetts · Manufacturing

$103M in assets, 3,333 participants

Medical Information Technology, Inc's Medical Information Technology, Inc. 401(k) Plan reported $103M in total assets and 3,333 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #15,318 in Manufacturing (17,777 peers)

Coverage in Massachusetts

Medical Information Technology, Inc. 401(k) Plan covers 3,333 participants in Massachusetts, 5.1x the typical Massachusetts plan (state average ~659 per filing). Assets: $103M.

#15,318
in Manufacturing (17,777 peers)
+31.8%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Medical Information Technology, Inc. 401(k) Plan's outsized position by total assets

Medical Information Technology, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$103,126,418 Top 9% higher than 91% of 123,620 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 2024

Medical Information Technology, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Medical Information Technology, Inc. 401(k) Plan lands in the large band (3,333 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Medical Information Technology, Inc. 401(k) Plan end-of-year assets rose from $78M in the plan year 2023 filing to $103M in the plan year 2024 filing.
  • Medical Information Technology, Inc. 401(k) Plan reported participants fell from 3,470 in the plan year 2023 filing to 3,333 in the plan year 2024 filing.
  • Medical Information Technology, Inc. 401(k) Plan reported net income fell from $25M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 042455639 · Medical Information Technology, Inc PY 2024 · 401(k)

Medical Information Technology, Inc. 401(k) Plan · $103M · 3,333 · 91st

  • EBSA $103M
  • PART 3,333
  • TYPE 91st
  • NET 401(k)
  • BOOK near Worldquant, LLC 401(k) Savings and Retirement Plan
  • VS-ST ind #15318

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 Manufacturing retirement plans → · Plans in Massachusetts →

Medical Information Technology, Inc. 401(k) Plan in the asset neighbourhood

Baxter Healthcare of Puerto Rico Retirement Savings PlanBaxter Healthcare of Puerto …$103MMedical Information Technology, Inc. 401(k) PlanMedical Information Technolo…$103MWorldquant, LLC 401(k) Savings and Retirement PlanWorldquant, LLC 401(k) Savin…$103MIndium Corporation of America Employees' Profit Sharing and 401(k) PlanIndium Corporation of Americ…$103MHealthalliance 403(b) Plan$103M
End-of-year total assets ($M) among Medical Information Technology, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$103M
Net Income$25M
Employer EIN042455639
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medical Information Technology, Inc)

Sponsor-wide plan assets over time

All Medical Information Technology, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$513M 9.682321072384875% vs 2022
2024 filing year
$460M$480M$500M$520M 202220232024 $467M $513M ▲ +9.7%
Year Plans Participants Total Assets
2022 2 6,350 $467M
2023 2 6,511 $483M
2024 2 6,639 $513M

Nearby 401(k) Plans in Massachusetts

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

Medical Information Technology, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Medical Information Technology, Inc. 401(k) Plan, Total assets ($B): 0.103126418 · Participants: 3333Medical Information Technology, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Medical Information Technology, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Medical Information Technology, Inc. 401(k) Plan side-by-side with 3 peers →

Medical Information Technology, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Worldquant, LLC 401(k) Savings and Retirement Plan in CT ($103M); by covered participants it is The Gores Group, LLC - 401(k) Plan in CA (3,333 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,333 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Medical Information Technology, Inc. 401(k) Plan assets move in 2024? ▼
Medical Information Technology, Inc. 401(k) Plan surged - up 31.8% during 2024, from $78M to $103M. Reported net income was $25M.
How have Medical Information Technology, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Medical Information Technology, Inc's sponsor-wide assets grew 9.7%, from $467M to $513M.
Where does Medical Information Technology, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Medical Information Technology, Inc. 401(k) Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Medical Information Technology, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Worldquant, LLC 401(k) Savings and Retirement Plan in CT ($103M, 336 participants).
Which 401(k) plans cover a similar participant headcount to Medical Information Technology, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Gores Group, LLC - 401(k) Plan in CA (3,333 participants, $361M in assets).

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 042455639.

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.