Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Medcentral Health System Employees' Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Medcentral Health System Β· Ohio Β· Healthcare & Social Assistance

What the 2023 filing shows

Medcentral Health System Employees' Retirement Plan holds $100M for 1,138 participants - about $88,125 per participant, down 2.8% over the 2024 plan year.

$100M
total plan assets (2024 EOY)
1,138
covered participants
$88,125
avg assets per participant
-2.8%
assets change YoY

The plan reported a net loss of $3M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$100M
Participants
1,138
State
Industry
Healthcare & Social Assistance

What the Filing Says About Medcentral Health System Employees' Retirement Plan

Medcentral Health System Employees' Retirement Plan is a Profit Sharing retirement plan sponsored by Medcentral Health System, headquartered in Ohio. As of the 2024 Form 5500 filing, the plan reports $100M in total end-of-year assets and covers 1,138 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 340714456, and the plan has been effective since 1992-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $103M at the beginning of 2024 to $100M at year-end β€” a decline of 2.8%. Net assets (after liabilities) closed the year at $100M, with reported net income of $-2,874,963 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.

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 β€” 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.

Financial Summary (2023)

Total Assets (Beginning of Year)$103M
Total Assets (End of Year)$100M
Net Assets (End of Year)$100M
Net Income$-2,874,963
Plan TypeProfit Sharing
Employer EIN340714456
Plan Effective Date1992-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medcentral Health System)

Year Plans Participants Total Assets
2022 1 1,348 $104M
2023 1 1,230 $103M
2024 1 1,138 $100M

Nearby Profit Sharing Plans in Ohio

Peer Profit Sharing plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Medcentral Health System Employees' Retirement Plan?
As of the 2024 Form 5500 filing, Medcentral Health System Employees' Retirement Plan holds $100M in total assets with 1,138 participants. It is sponsored by Medcentral Health System.
What type of plan is Medcentral Health System Employees' Retirement Plan?
Medcentral Health System Employees' Retirement Plan is a Profit Sharing plan. It has been effective since 1992-06-01. The plan is filed with the U.S. Department of Labor under EIN 340714456.
Who sponsors the Medcentral Health System Employees' Retirement Plan?
Medcentral Health System Employees' Retirement Plan is sponsored by Medcentral Health System, located in Ohio. The sponsor's EIN is 340714456 and the plan operates in the Healthcare & Social Assistance industry.
How did Medcentral Health System Employees' Retirement Plan perform in 2024?
Medcentral Health System Employees' Retirement Plan declined by 2.8% during 2024, moving from $103M to $100M in total assets. Net income was $-2,874,963.
Where can I find official filings for Medcentral Health System Employees' Retirement Plan?
Official Form 5500 filings for Medcentral Health System Employees' Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 340714456 or plan name at efast.dol.gov.
How does Medcentral Health System Employees' Retirement Plan compare to other plans?
You can compare Medcentral Health System Employees' Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 340714456.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.