401(k) · DOL Form 5500 · 2024

Medallion Financial Corp. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
168
Participants Small participant base
74th
Percentile by assets National rank
$143,768
Avg per participant Near avg balance/head
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Official DOL plan name: Medallion Financial Corp. 401(k) Profit Sharing Plan · Sponsored by Medallion Financial Corp. · New York · Finance & Insurance

$24M in assets, 168 participants

Medallion Financial Corp.'s Medallion Financial Corp. 401(k) Profit Sharing Plan reported $24M in total assets and 168 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,115 in Finance & Insurance (8,549 peers)

Coverage in New York

Medallion Financial Corp. 401(k) Profit Sharing Plan covers 168 participants in New York, about 21% of the average New York filer (state average ~798 per filing). Assets: $24M.

#5,115
in Finance & Insurance (8,549 peers)
+21.6%
assets growth YoY

Medallion Financial Corp. 401(k) Profit Sharing Plan's outsized position by total assets

Medallion Financial Corp. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$24,153,054 Top 26% higher than 74% 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

Medallion Financial Corp. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Medallion Financial Corp. 401(k) Profit Sharing Plan sits mid-pack in the medium band (168 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Medallion Financial Corp. 401(k) Profit Sharing Plan end-of-year assets rose from $20M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • Medallion Financial Corp. 401(k) Profit Sharing Plan reported net income rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Medallion Financial Corp. 401(k) Profit Sharing Plan reported participants rose from 155 in the plan year 2023 filing to 168 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 112523716 · Medallion Financial Corp. PY 2024 · 401(k)

Medallion Financial Corp. 401(k) Profit Sharing Plan · $24M · 168 · 74th

  • 5500 $24M
  • ASSETS 168
  • PCT 74th
  • EIN 401(k)
  • RANK near Pickering, Inc. 401(k) Plan
  • PHOTO ind #5115

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 Finance & Insurance retirement plans → · Plans in New York →

Medallion Financial Corp. 401(k) Profit Sharing Plan in the asset neighbourhood

Hoffman Transportation 401(k) PlanHoffman Transportation 401(k…$24MScott Equipment Company Employees 401(k) Profit Sharing PlanScott Equipment Company Empl…$24MMedallion Financial Corp. 401(k) Profit Sharing PlanMedallion Financial Corp. 40…$24MPickering, Inc. 401(k) Plan$24MAlpha Omega Integration, LLC 401(k) Retirement TrustAlpha Omega Integration, LLC…$24M
End-of-year total assets ($M) among Medallion Financial Corp. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$24M
Net Income$4M
Employer EIN112523716
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medallion Financial Corp.)

Sponsor-wide plan assets over time

All Medallion Financial Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 48.955050556599% vs 2022
2024 filing year
$15M$20M$25M 202220232024 $16.2M $24.2M ▲ +49.0%
Year Plans Participants Total Assets
2022 1 120 $16M
2023 1 155 $20M
2024 1 168 $24M

Nearby 401(k) Plans in New York

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

Medallion Financial Corp. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Medallion Financial Corp. 401(k) Profit Sharing Plan, Total assets ($B): 0.024153054 · Participants: 168Medallion Financial Corp. 401(k) Profit Sharing PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Medallion Financial Corp. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Medallion Financial Corp. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Medallion Financial Corp. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Pickering, Inc. 401(k) Plan in TN ($24M); by covered participants it is Illinois Retina Associates, S.C. 401(k) Plan in IL (168 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (168 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 Medallion Financial Corp. 401(k) Profit Sharing Plan assets move in 2024? ▼
Medallion Financial Corp. 401(k) Profit Sharing Plan grew sharply - up 21.6% during 2024, from $20M to $24M. Reported net income was $4M.
How have Medallion Financial Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Medallion Financial Corp.'s sponsor-wide assets grew 49.0%, from $16M to $24M.
Which 401(k) plans are similar in size to Medallion Financial Corp. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pickering, Inc. 401(k) Plan in TN ($24M, 121 participants).
Which 401(k) plans cover a similar participant headcount to Medallion Financial Corp. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Illinois Retina Associates, S.C. 401(k) Plan in IL (168 participants, N/A 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 112523716.

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.