401(k) · DOL Form 5500 · 2024
Midwest Physician Administrative Services, LLC, D/B/a Duly Health and 401(k) Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 7,381
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $154,799
- Avg per participant Above avg balance/head
Official DOL plan name: Duly Health and Care 401(k) Plan · Sponsored by Midwest Physician Administrative Services, LLC, D/B/a Duly Health and · Illinois · Healthcare & Social Assistance
$1.1B in assets, 7,381 participants
Midwest Physician Administrative Services, LLC, D/B/a Duly Health and's Duly Health and Care 401(k) Plan reported $1.1B in total assets and 7,381 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- #16,708 in Healthcare & Social Assistance (16,916 peers)
Coverage in Illinois
Duly Health and Care 401(k) Plan covers 7,381 participants in Illinois, 9.5x the typical Illinois plan (state average ~779 per filing). Assets: $1.1B.
- #16,708
- in Healthcare & Social Assistance (16,916 peers)
- +13.2%
- assets growth YoY
- 11×
- vs typical plan assets (national mean)
Duly Health and Care 401(k) Plan's outsized position by total assets
Duly Health and Care 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,142,571,831 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Duly Health and Care 401(k) Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Duly Health and Care 401(k) Plan lands in the large band (7,381 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Duly Health and Care 401(k) Plan reported net income rose from $65M in the plan year 2023 filing to $133M in the plan year 2024 filing.
- Duly Health and Care 401(k) Plan reported participants rose from 5,590 in the plan year 2023 filing to 7,381 in the plan year 2024 filing.
- Duly Health and Care 401(k) Plan end-of-year assets rose from $1.0B in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 453237183 · Midwest Physician Administrative Services, LLC, D/B/a Duly Health and PY 2024 · 401(k)
Duly Health and Care 401(k) Plan · $1.1B · 7,381 · 99th
- TYPE $1.1B
- NET 7,381
- BOOK 99th
- VS-ST 401(k)
- BOY near Crown Castle Inc. 401(k) Plan
- SCH ind #16708
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 Healthcare & Social Assistance retirement plans → · Plans in Illinois →
Duly Health and Care 401(k) Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $1.0B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $133M |
| Employer EIN | 453237183 |
| Plan Effective Date | 2019-09-23 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Midwest Physician Administrative Services, LLC, D/B/a Duly Health and)
Sponsor-wide plan assets over time
All Midwest Physician Administrative Services, LLC, D/B/a Duly Health and plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.1B 82.38761422266032% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,136 | $626M |
| 2023 | 1 | 5,590 | $1.0B |
| 2024 | 1 | 7,381 | $1.1B |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Accenture United States 401(k) Match and Savings Plan $21.3B · 66,965
- State Farm 401(k) Savings Plan $19.0B · 63,297
- United Airlines Pilot Retirement Account Plan $16.8B · 16,659
- Abbott Laboratories Stock Retirement Plan $15.8B · 38,229
- Walgreens Retirement Savings Plan $14.5B · 233,635
Scale composition for Duly Health and Care 401(k) Plan
Duly Health and Care 401(k) Plan reports $1.1B in end-of-year assets across 7,381 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $154,799 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2024 was $133M.
This plan identity (EIN 453237183, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $626M to $1.1B (+82.4%) while covered participants moved from 5,136 to 7,381 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,136 | $626M | Open filing |
| 2023 | 5,590 | $1.0B | Open filing |
| 2024 · index core | 7,381 | $1.1B | This page |
Duly Health and Care 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Illinois, the nearest 401(k) by assets is Crown Castle Inc. 401(k) Plan in TX ($1.1B); by covered participants it is Canon Employee Savings and Retirement Plan in NY (7,400 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- Crown Castle Inc. 401(k) Plan (TX) $1.1B · 4,777
- Lvmh Affiliates' 401(k) Plan (NY) $1.1B · 11,775
- Rollins 401(k) Savings Plan (GA) $1.1B · 13,404
- Bio-Rad Laboratories, Inc. 401(k) Profit Sharing Plan (CA) $1.1B · 3,471
Similar participant headcount
Nearest other-state filings by covered participants (7,381 participants); asset peers above are excluded.
- Canon Employee Savings and Retirement Plan (NY) 7,400 · 19 off
- The Children's Place 401(k) Savings Plan (NJ) 7,362 · 19 off
- Serco Inc. 401(k) Retirement Plan (VA) 7,402 · 21 off
- ERISA Partners, Inc. Pooled Employer Plan (TN) 7,404 · 23 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.