401(k) · DOL Form 5500 · 2024

Modernizing Medicine, Inc. 401(k) Plan

Data updated 2026-08-11

$115M
Total assets
1,563
Participants
91st
Percentile by assets
$73,432
Avg per participant
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Official DOL plan name: Modernizing Medicine, Inc. 401(k) Plan · Sponsored by Modernizing Medicine, Inc. · Florida · Information & Media

$115M in assets, 1,563 participants

Modernizing Medicine, Inc.'s Modernizing Medicine, Inc. 401(k) Plan reported $115M in total assets and 1,563 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.

  • 91st percentile by assets (of 123,622 plans)
  • #2,473 in Information & Media (2,822 peers)

Coverage in Florida

Modernizing Medicine, Inc. 401(k) Plan covers 1,563 participants in Florida, 2.5x the typical Florida plan (state average ~628 per filing). Assets: $115M.

$115M
total plan assets (2024 EOY)
1,563
covered participants
91st
percentile by assets (of 123,622 plans)
$73,432
avg assets per participant

Where Modernizing Medicine, Inc. 401(k) Plan sits by total assets

Modernizing Medicine, Inc. 401(k) Plan vs every filed plan by assets

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

$114,774,489 Top 9% higher than 91% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Modernizing Medicine, Inc. 401(k) Plan reported net income fell from $31M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Modernizing Medicine, Inc. 401(k) Plan end-of-year assets rose from $93M in the plan year 2023 filing to $115M in the plan year 2024 filing.
  • Modernizing Medicine, Inc. 401(k) Plan reported participants rose from 1,530 in the plan year 2023 filing to 1,563 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Florida
Industry
Information & Media

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Modernizing Medicine, Inc. 401(k) Plan reports 1,563 participants - 2.5x that state average ($115M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$93M
Net Assets (End of Year)$115M
Net Income$22M
Employer EIN272070905
Plan Effective Date2010-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Modernizing Medicine, Inc.)

$40M$60M$80M$100M$120M$140M 202220232024 $62.3M $115M ▲ +84.3%
Total plan assets by year, all Modernizing Medicine, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,206 $62M
2023 1 1,530 $93M
2024 1 1,563 $115M

Nearby 401(k) Plans in Florida

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

Modernizing Medicine, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Modernizing Medicine…, Total assets ($B): 0.114774489 · Participants: 1563Modernizing Medicine…L3harris Retirement …, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement …Savings Plan for Emp…, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Emp…Adp Totalsource Reti…, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Reti…Publix Super Markets…, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets…Nextera Energy, Inc.…, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc.…
Modernizing Medicine, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Modernizing Medicine, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Modernizing Medicine, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Modernizing Medicine, Inc. 401(k) Plan assets move in 2024? ▼
Modernizing Medicine, Inc. 401(k) Plan grew sharply - up 23.3% during 2024, from $93M to $115M. Reported net income was $22M.
How have Modernizing Medicine, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modernizing Medicine, Inc.'s sponsor-wide assets grew 84.3%, from $62M to $115M.
Where does Modernizing Medicine, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Modernizing Medicine, 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 Modernizing Medicine, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Clearwater Analytics 401(k) Plan in ID ($115M, 924 participants).

Next read for Modernizing Medicine, Inc. 401(k) Plan

Filing takeaways

Ways to act on Modernizing Medicine, Inc. 401(k) Plan's numbers.

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 272070905.

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.