Profit Sharing · DOL Form 5500 · 2024

Medical Services Group - Department of Medicine Profit Sharing Plan

Data updated 2026-08-25

$95M
Total assets Below avg plan size
148
Participants Small participant base
90th
Percentile by assets National rank
$640,975
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Medical Services Group - Department of Medicine Profit Sharing Plan · Sponsored by Medical Services Group - Department of Medicine · New York · Public Administration

$95M in assets, 148 participants

Medical Services Group - Department of Medicine's Medical Services Group - Department of Medicine Profit Sharing Plan reported $95M in total assets and 148 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #87 in Public Administration (92 peers)

Coverage in New York

Medical Services Group - Department of Medicine Profit Sharing Plan covers 148 participants in New York, about 19% of the average New York filer (state average ~798 per filing). Assets: $95M.

#87
in Public Administration (92 peers)
+15.6%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Medical Services Group - Department of Medicine Profit Sharing Plan's outsized position by total assets

Medical Services Group - Department of Medicine Profit Sharing Plan vs every filed plan by assets

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

$94,864,269 Top 10% higher than 90% 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

Medical Services Group - Department of Medicine Profit Sharing 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. Medical Services Group - Department of Medicine Profit Sharing Plan sits mid-pack in the medium band (148 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Medical Services Group - Department of Medicine Profit Sharing Plan reported net income fell from $18M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Medical Services Group - Department of Medicine Profit Sharing Plan end-of-year assets rose from $82M in the plan year 2023 filing to $95M in the plan year 2024 filing.
  • Medical Services Group - Department of Medicine Profit Sharing Plan reported participants rose from 145 in the plan year 2023 filing to 148 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 161475278 · Medical Services Group - Department of Medicine PY 2024 · Profit Sharing

Medical Services Group - Department of Medicine Profit Sharing Plan · $95M · 148 · 90th

  • PART $95M
  • TYPE 148
  • NET 90th
  • BOOK Profit Sharing
  • VS-ST near Local 863 Ibt Retirement Savings Plan
  • BOY ind #87

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 Public Administration retirement plans → · Plans in New York →

Medical Services Group - Department of Medicine Profit Sharing Plan in the asset neighbourhood

Jrack Holdings, Inc. Profit Sharing PlanJrack Holdings, Inc. Profit …$96MCement Masons and Plasterers Joint Pension PlanCement Masons and Plasterers…$95MShreveport Electrical Industry Profit Sharing PlanShreveport Electrical Indust…$95MMedical Services Group - Department of Medicine Profit Sharing PlanMedical Services Group - Dep…$95MLocal 863 Ibt Retirement Savings PlanLocal 863 Ibt Retirement Sav…$95M
End-of-year total assets ($M) among Medical Services Group - Department of Medicine Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$82M
Net Assets (End of Year)$95M
Net Income$13M
Employer EIN161475278
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medical Services Group - Department of Medicine)

Sponsor-wide plan assets over time

All Medical Services Group - Department of Medicine plans reported in each filing year

Latest sponsor-wide plan assets
$95M 47.03991558806856% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $64.5M $94.9M ▲ +47.0%
Year Plans Participants Total Assets
2022 1 150 $65M
2023 1 145 $82M
2024 1 148 $95M

Nearby Profit Sharing Plans in New York

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

Medical Services Group - Department of Medicine Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Medical Services Group - Department of Medicine Profit Sharing Plan, Total assets ($B): 0.094864269 · Participants: 148Medical Services Group - Department of Medicine Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Medical Services Group - Department of Medicine Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Medical Services Group - Department of Medicine Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Local 863 Ibt Retirement Savings Plan in NJ ($95M); by covered participants it is Clements Foods Company Profit Sharing Plan in OK (148 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (148 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 Medical Services Group - Department of Medicine Profit Sharing Plan assets move in 2024?
Medical Services Group - Department of Medicine Profit Sharing Plan grew sharply - up 15.6% during 2024, from $82M to $95M. Reported net income was $13M.
How have Medical Services Group - Department of Medicine plan assets changed over time?
Across 3 plan years on file (2022-2024), Medical Services Group - Department of Medicine's sponsor-wide assets grew 47.0%, from $65M to $95M.
Where does Medical Services Group - Department of Medicine Profit Sharing Plan rank by assets among Form 5500 filers?
Medical Services Group - Department of Medicine Profit Sharing Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Medical Services Group - Department of Medicine Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Local 863 Ibt Retirement Savings Plan in NJ ($95M, 2,258 participants).
Which Profit Sharing plans cover a similar participant headcount to Medical Services Group - Department of Medicine Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Clements Foods Company Profit Sharing Plan in OK (148 participants, $10M in assets).