401(k) · DOL Form 5500 · 2024

Faith Medical Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
27
Participants Small participant base
52nd
Percentile by assets National rank
$304,819
Avg per participant High balance/head
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Official DOL plan name: Faith Medical 401(k) Profit Sharing Plan · Sponsored by Faith Medical Associates, Inc. · Ohio · Healthcare & Social Assistance

$8M in assets, 27 participants

Faith Medical Associates, Inc.'s Faith Medical 401(k) Profit Sharing Plan reported $8M in total assets and 27 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #9,583 in Healthcare & Social Assistance (16,916 peers)

Faith Medical Associates, Inc. multi-year trail

Faith Medical Associates, Inc.'s plans moved +33.1% in assets from 2022 to 2024; this filing shows Faith Medical 401(k) Profit Sharing Plan at $8M / 27 participants.

#9,583
in Healthcare & Social Assistance (16,916 peers)
+10.2%
assets growth YoY

Faith Medical 401(k) Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Faith Medical 401(k) Profit Sharing Plan vs every filed plan by assets

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

$8,230,118 Top 48% higher than 52% 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

Faith Medical 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Faith Medical 401(k) Profit Sharing Plan is a small filing (27 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Faith Medical 401(k) Profit Sharing Plan reported net income fell from $1M in the plan year 2023 filing to $761K in the plan year 2024 filing.
  • Faith Medical 401(k) Profit Sharing Plan reported participants rose from 21 in the plan year 2023 filing to 27 in the plan year 2024 filing.
  • Faith Medical 401(k) Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 341872786 · Faith Medical Associates, Inc. PY 2024 · 401(k)

Faith Medical 401(k) Profit Sharing Plan · $8M · 27 · 52nd

  • NET $8M
  • NET 27
  • NET 52nd
  • NET 401(k)
  • NET near Erikson Grain Mill Inc Profit Sharing Plan
  • NET ind #9583

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 Ohio →

Faith Medical 401(k) Profit Sharing Plan in the asset neighbourhood

Faith Medical 401(k) Profit Sharing PlanFaith Medical 401(k) Profit …$8MErikson Grain Mill Inc Profit Sharing PlanErikson Grain Mill Inc Profi…$8MHunger Mountain Cooperative, Inc. 401(k) PlanHunger Mountain Cooperative,…$8MAccutech 401(k) Retirement PlanAccutech 401(k) Retirement P…$8ME&e Foods, Inc. 401(k) Profit Sharing PlanE&e Foods, Inc. 401(k) Profi…$8M
End-of-year total assets ($M) among Faith Medical 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Faith Medical Associates, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Faith Medical Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 33.103927771049% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $6.18M $8.23M ▲ +33.2%
Year Plans Participants Total Assets
2022 1 24 $6M
2023 1 21 $7M
2024 1 27 $8M

Faith Medical Associates, Inc. filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$761K
Employer EIN341872786
Plan Effective Date1998-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Faith Medical 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Faith Medical 401(k) Profit Sharing Plan, Total assets ($B): 0.008230118 · Participants: 27Faith Medical 401(k) Profit Sharing PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Faith Medical 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Faith Medical 401(k) Profit Sharing Plan side-by-side with 3 peers →

Faith Medical 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Erikson Grain Mill Inc Profit Sharing Plan in MA ($8M); by covered participants it is Allen Searcy Builder-Contractor, Inc. 401(k) Retirement Plan in TN (27 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (27 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 Faith Medical 401(k) Profit Sharing Plan assets move in 2024? ▼
Faith Medical 401(k) Profit Sharing Plan grew at a solid clip - up 10.2% during 2024, from $7M to $8M. Reported net income was $761K.
How have Faith Medical Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Faith Medical Associates, Inc.'s sponsor-wide assets grew 33.1%, from $6M to $8M.
Which 401(k) plans are similar in size to Faith Medical 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Erikson Grain Mill Inc Profit Sharing Plan in MA ($8M, 7 participants).
Which 401(k) plans cover a similar participant headcount to Faith Medical 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Allen Searcy Builder-Contractor, Inc. 401(k) Retirement Plan in TN (27 participants, $890K in assets).

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) - original filing retrieval by EIN 341872786.

Read our methodology - how this data is sourced, computed, and verified.

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