401(k) · DOL Form 5500 · 2024

Hemant Patel, M.D., P.C. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
23
Participants Small participant base
48th
Percentile by assets National rank
$300,033
Avg per participant High balance/head
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Official DOL plan name: Hemant Patel, M.D. Profit Sharing Plan · Sponsored by Hemant Patel, M.D., P.C. · New York · Healthcare & Social Assistance

$7M in assets, 23 participants

Hemant Patel, M.D., P.C.'s Hemant Patel, M.D. Profit Sharing Plan reported $7M in total assets and 23 participants in its 2024 DOL Form 5500 filing, ranking in the 48th 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.

  • #8,899 in Healthcare & Social Assistance (16,916 peers)

Hemant Patel, M.D., P.C. multi-year trail

Hemant Patel, M.D., P.C.'s plans moved +29.3% in assets from 2022 to 2024; this filing shows Hemant Patel, M.D. Profit Sharing Plan at $7M / 23 participants.

#8,899
in Healthcare & Social Assistance (16,916 peers)
+9.8%
assets growth YoY

Hemant Patel, M.D. Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Hemant Patel, M.D. Profit Sharing Plan vs every filed plan by assets

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

$6,900,756 48th percentile higher than 48% 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

Hemant Patel, M.D. 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. Hemant Patel, M.D. Profit Sharing Plan is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hemant Patel, M.D. Profit Sharing Plan reported net income fell from $2M in the plan year 2023 filing to $615K in the plan year 2024 filing.
  • Hemant Patel, M.D. Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Hemant Patel, M.D. Profit Sharing Plan reported participants fell from 24 in the plan year 2023 filing to 23 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 134087064 · Hemant Patel, M.D., P.C. PY 2024 · 401(k)

Hemant Patel, M.D. Profit Sharing Plan · $7M · 23 · 48th

  • BOY $7M
  • BOY 23
  • BOY 48th
  • BOY 401(k)
  • BOY near Meta Dynamic, Inc. 401(k) Profit Sharing Plan
  • BOY ind #8899

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 New York →

Hemant Patel, M.D. Profit Sharing Plan in the asset neighbourhood

Hemant Patel, M.D. Profit Sharing PlanHemant Patel, M.D. Profit Sh…$7MMeta Dynamic, Inc. 401(k) Profit Sharing PlanMeta Dynamic, Inc. 401(k) Pr…$7MKmd Brands North America 401(k) PlanKmd Brands North America 401…$7MStraton Industries 401(k) Savings PlanStraton Industries 401(k) Sa…$7MUSA Football 401(k) Plan$7M
End-of-year total assets ($M) among Hemant Patel, M.D. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Hemant Patel, M.D., P.C. multi-year asset trail

Sponsor-wide plan assets over time

All Hemant Patel, M.D., P.C. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 29.291733894726608% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.39M $10.9M ▲ +29.3%
Year Plans Participants Total Assets
2022 2 42 $8M
2023 2 29 $11M
2024 2 27 $11M

Hemant Patel, M.D., P.C. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$615K
Employer EIN134087064
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

Hemant Patel, M.D. Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Hemant Patel, M.D. Profit Sharing Plan, Total assets ($B): 0.006900756 · Participants: 23Hemant Patel, M.D. Profit Sharing PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Hemant Patel, M.D. Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Hemant Patel, M.D. Profit Sharing Plan side-by-side with 3 peers →

Hemant Patel, M.D. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Meta Dynamic, Inc. 401(k) Profit Sharing Plan in CA ($7M); by covered participants it is Metroplex General Contractors, Inc. 401(k) Profit Sharing Plan in TX (23 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (23 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 Hemant Patel, M.D. Profit Sharing Plan assets move in 2024? ▼
Hemant Patel, M.D. Profit Sharing Plan grew at a solid clip - up 9.8% during 2024, from $6M to $7M. Reported net income was $615K.
How have Hemant Patel, M.D., P.C. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hemant Patel, M.D., P.C.'s sponsor-wide assets grew 29.3%, from $8M to $11M.
Which 401(k) plans are similar in size to Hemant Patel, M.D. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Meta Dynamic, Inc. 401(k) Profit Sharing Plan in CA ($7M, 67 participants).
Which 401(k) plans cover a similar participant headcount to Hemant Patel, M.D. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Metroplex General Contractors, Inc. 401(k) Profit Sharing Plan in TX (23 participants, $5M 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 134087064.

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.