401(k) · DOL Form 5500 · 2024
Midwest Physician Administrative Services, LLC, D/B/a Duly Health and 401(k) Plan
Data updated 2026-08-11
- $1.1B
- Total assets
- 7,381
- Participants
- 99th
- Percentile by assets
- $154,799
- Avg per participant
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.
- 99th percentile by assets (of 123,622 plans)
- #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.
- $1.1B
- total plan assets (2024 EOY)
- 7,381
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $154,799
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Duly Health and Care 401(k) Plan reports 7,381 participants - 9.5x that state average ($1.1B EOY assets).
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)
| 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.
Duly Health and Care 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
- 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 |
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Duly Health and Care 401(k) Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Duly Health and Care 401(k) Plan assets move in 2024? ▼
How have Midwest Physician Administrative Services, LLC, D/B/a Duly Health and plan assets changed over time? ▼
Where does Duly Health and Care 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Duly Health and Care 401(k) Plan? ▼
Next read for Duly Health and Care 401(k) Plan
Filing takeaways
Ways to act on Duly Health and Care 401(k) Plan's numbers.
- By total assets, Duly Health and Care 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Midwest Physician Administrative Services, LLC, D/B/a Duly Health and's sponsor-wide assets have grown 82.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans