401(k) · DOL Form 5500 · 2024

Med-El Corporation 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
189
Participants Below avg headcount
68th
Percentile by assets National rank
$93,108
Avg per participant Below avg balance/head
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Official DOL plan name: Med-El Corporation 401(k) Profit Sharing Plan and Trust · Sponsored by Med-El Corporation · North Carolina · Professional & Technical Services

$18M in assets, 189 participants

Med-El Corporation's Med-El Corporation 401(k) Profit Sharing Plan and Trust reported $18M in total assets and 189 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #13,503 in Professional & Technical Services (20,173 peers)

Coverage in North Carolina

Med-El Corporation 401(k) Profit Sharing Plan and Trust covers 189 participants in North Carolina, about 23% of the average North Carolina filer (state average ~819 per filing). Assets: $18M.

#13,503
in Professional & Technical Services (20,173 peers)
+10.4%
assets growth YoY

Med-El Corporation 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Med-El Corporation 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$17,597,373 Top 32% higher than 68% 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

Med-El Corporation 401(k) Profit Sharing Plan and Trust 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. Med-El Corporation 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (189 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Med-El Corporation 401(k) Profit Sharing Plan and Trust reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Med-El Corporation 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $16M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Med-El Corporation 401(k) Profit Sharing Plan and Trust reported participants fell from 197 in the plan year 2023 filing to 189 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 561998501 · Med-El Corporation PY 2024 · 401(k)

Med-El Corporation 401(k) Profit Sharing Plan and Trust · $18M · 189 · 68th

  • RANK $18M
  • RANK 189
  • RANK 68th
  • RANK 401(k)
  • RANK near Manganaro 401(k) Plan
  • RANK ind #13503

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 Professional & Technical Services retirement plans → · Plans in North Carolina →

Med-El Corporation 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Med-El Corporation 401(k) Profit Sharing Plan and TrustMed-El Corporation 401(k) Pr…$18MManganaro 401(k) Plan$18MSafe-Harbor 403(b) Thrift Plan for Employees of Bay Area Legal Services, Inc.Safe-Harbor 403(b) Thrift Pl…$18MPenzeys, Ltd 401(k) Plan and TrustPenzeys, Ltd 401(k) Plan and…$18ME. Gluck Corporation 401(k) PlanE. Gluck Corporation 401(k) …$18M
End-of-year total assets ($M) among Med-El Corporation 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN561998501
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Med-El Corporation)

Sponsor-wide plan assets over time

All Med-El Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$18M 39.01721329522113% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $12.7M $17.6M ▲ +39.0%
Year Plans Participants Total Assets
2022 1 173 $13M
2023 1 197 $16M
2024 1 189 $18M

Nearby 401(k) Plans in North Carolina

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

Med-El Corporation 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Med-El Corporation 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.017597373 · Participants: 189Med-El Corporation 401(k) Profit Sharing Plan and TrustThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Med-El Corporation 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants

Med-El Corporation 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Manganaro 401(k) Plan in MD ($18M); by covered participants it is Prevailing Multiple Employer Plan in MD (189 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (189 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 Med-El Corporation 401(k) Profit Sharing Plan and Trust assets move in 2024?
Med-El Corporation 401(k) Profit Sharing Plan and Trust grew at a solid clip - up 10.4% during 2024, from $16M to $18M. Reported net income was $2M.
How have Med-El Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Med-El Corporation's sponsor-wide assets grew 39.0%, from $13M to $18M.
Which 401(k) plans are similar in size to Med-El Corporation 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Manganaro 401(k) Plan in MD ($18M, 124 participants).
Which 401(k) plans cover a similar participant headcount to Med-El Corporation 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Prevailing Multiple Employer Plan in MD (189 participants, N/A in assets).