401(k) · DOL Form 5500 · 2024

Merit Medical Systems, Inc. 401(k) Plan

Data updated 2026-08-11

$217M
Total assets
3,015
Participants
95th
Percentile by assets
$72,009
Avg per participant
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Official DOL plan name: Merit Medical Systems, Inc. 401(k) Profit Sharing Plan · Sponsored by Merit Medical Systems, Inc. · Utah · Manufacturing

$217M in assets, 3,015 participants

Merit Medical Systems, Inc.'s Merit Medical Systems, Inc. 401(k) Profit Sharing Plan reported $217M in total assets and 3,015 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #16,297 in Manufacturing (17,777 peers)

Coverage in Utah

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan covers 3,015 participants in Utah, 5.1x the typical Utah plan (state average ~592 per filing). Assets: $217M.

$217M
total plan assets (2024 EOY)
3,015
covered participants
95th
percentile by assets (of 123,622 plans)
$72,009
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Merit Medical Systems, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $186M in the plan year 2023 filing to $217M in the plan year 2024 filing.
  • Merit Medical Systems, Inc. 401(k) Profit Sharing Plan reported participants rose from 2,590 in the plan year 2023 filing to 3,015 in the plan year 2024 filing.
  • Merit Medical Systems, Inc. 401(k) Profit Sharing Plan reported net income fell from $32M in the plan year 2023 filing to $32M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Merit Medical Systems, Inc. 401(k) Profit Sharing Plan reports 3,015 participants - 5.1x that state average ($217M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)$186M
Net Assets (End of Year)$217M
Net Income$32M
Employer EIN870447695
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Merit Medical Systems, Inc.)

$140M$160M$180M$200M$220M$240M 202220232024 $154M $217M â–˛ +41.4%
Total plan assets by year, all Merit Medical Systems, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,709 $154M
2023 1 2,590 $186M
2024 1 3,015 $217M

Nearby 401(k) Plans in Utah

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

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Merit Medical System…Intermountain Health…Deseret 401(k) PlanZions Bancorporation…Skywest, Inc. Employ…Rio Tinto America In…
Merit Medical Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Merit Medical Systems, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Merit Medical Systems, Inc. 401(k) Profit Sharing Plan assets move in 2024?
Merit Medical Systems, Inc. 401(k) Profit Sharing Plan grew sharply - up 16.9% during 2024, from $186M to $217M. Reported net income was $32M.
How have Merit Medical Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Merit Medical Systems, Inc.'s sponsor-wide assets grew 41.4%, from $154M to $217M.
Where does Merit Medical Systems, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Merit Medical Systems, Inc. 401(k) Profit Sharing Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Merit Medical Systems, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Mozilla Corporation 401(k) Plan in CA ($217M, 619 participants).

Next read for Merit Medical Systems, Inc. 401(k) Profi…

Filing takeaways

Ways to act on Merit Medical Systems, Inc. 401(k) Profit Sharing Plan's numbers.