Profit Sharing · DOL Form 5500 · 2024

Medtec LLC Profit Sharing Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
279
Participants Below avg headcount
78th
Percentile by assets National rank
$109,212
Avg per participant Below avg balance/head
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Official DOL plan name: Medtec LLC 401(k) Retirement Plan · Sponsored by Medtec LLC · Iowa · Healthcare & Social Assistance

$30M in assets, 279 participants

Medtec LLC's Medtec LLC 401(k) Retirement Plan reported $30M in total assets and 279 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #13,684 in Healthcare & Social Assistance (16,916 peers)

Coverage in Iowa

Medtec LLC 401(k) Retirement Plan covers 279 participants in Iowa, about 46% of the average Iowa filer (state average ~609 per filing). Assets: $30M.

#13,684
in Healthcare & Social Assistance (16,916 peers)
+18.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Medtec LLC 401(k) Retirement Plan's outsized position by total assets

Medtec LLC 401(k) Retirement Plan vs every filed plan by assets

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

$30,470,084 Top 22% higher than 78% 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

Medtec LLC 401(k) Retirement Plan 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. Medtec LLC 401(k) Retirement Plan sits mid-pack in the medium band (279 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Medtec LLC 401(k) Retirement Plan reported participants rose from 144 in the plan year 2023 filing to 279 in the plan year 2024 filing.
  • Medtec LLC 401(k) Retirement Plan end-of-year assets rose from $26M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • Medtec LLC 401(k) Retirement Plan reported net income fell from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 421404269 · Medtec LLC PY 2024 · Profit Sharing

Medtec LLC 401(k) Retirement Plan · $30M · 279 · 78th

  • PHOTO $30M
  • PHOTO 279
  • PHOTO 78th
  • PHOTO Profit Sharing
  • PHOTO near Greater Boston Legal Services Pension Plan
  • PHOTO ind #13684

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 Iowa →

Medtec LLC 401(k) Retirement Plan in the asset neighbourhood

Bricklayers & Allied Craftworkers Local 13 Defined Contribution Pension PlanBricklayers & Allied Craftwo…$31MWarren General Hospital 403(b) Supplemental Pension for Nonbargaining Unit EmployeesWarren General Hospital 403(…$31MGreater Boston Legal Services Pension PlanGreater Boston Legal Service…$30MMedtec LLC 401(k) Retirement PlanMedtec LLC 401(k) Retirement…$30MConstruction and General Laborers Local 190 Annuity PlanConstruction and General Lab…$30M
End-of-year total assets ($M) among Medtec LLC 401(k) Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$30M
Net Income$5M
Employer EIN421404269
Plan Effective Date2022-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medtec LLC)

Sponsor-wide plan assets over time

All Medtec LLC plans reported in each filing year

Latest sponsor-wide plan assets
$30M 169.2938431395528% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $11.3M $30.5M ▲ +169.4%
Year Plans Participants Total Assets
2022 1 N/A $11M
2023 1 144 $26M
2024 1 279 $30M

Nearby Profit Sharing Plans in Iowa

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Medtec LLC 401(k) Retirement Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants Scatter plot of 6 data points. -1000100200300400 020406080 Total assets ($M) Participants Medtec LLC 401(k) Retirement Plan, Total assets ($M): 30.470084 · Participants: 279Medtec LLC 401(k) Retirement PlanDordt University Defined Contribution Retirement Plan, Total assets ($M): 61.231281 · Participants: 322Dordt University Defined Contribution Retirement PlanLiberty Pattern Company Profit Sharing Plan, Total assets ($M): 26.345653 · Participants: 12Liberty Pattern Company Profit Sharing PlanNewton Clinic, P.C. Profit Sharing Plan, Total assets ($M): 16.515891 · Participants: 43Newton Clinic, P.C. Profit Sharing PlanBurgess Health Center 403(b) Plan, Total assets ($M): 15.713773 · Participants: 272Burgess Health Center 403(b) PlanHwh Corporation Employees' Profit Sharing Plan and Trust, Total assets ($M): 15.480277 · Participants: 70Hwh Corporation Employees' Profit Sharing Plan and Trust
Medtec LLC 401(k) Retirement Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Medtec LLC 401(k) Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Iowa, the nearest Profit Sharing by assets is Greater Boston Legal Services Pension Plan in MA ($30M); by covered participants it is The Heritage Foundation Retirement Plan in DC (279 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (279 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 Medtec LLC 401(k) Retirement Plan assets move in 2024?
Medtec LLC 401(k) Retirement Plan grew sharply - up 18.4% during 2024, from $26M to $30M. Reported net income was $5M.
How have Medtec LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Medtec LLC's sponsor-wide assets grew 169.3%, from $11M to $30M.
Where does Medtec LLC 401(k) Retirement Plan rank by assets among Form 5500 filers?
Medtec LLC 401(k) Retirement Plan ranks in the 78th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Medtec LLC 401(k) Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Greater Boston Legal Services Pension Plan in MA ($30M, 172 participants).
Which Profit Sharing plans cover a similar participant headcount to Medtec LLC 401(k) Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is The Heritage Foundation Retirement Plan in DC (279 participants, $38M in assets).