401(k) · DOL Form 5500 · 2024

Galilee Medical 401(k) Plan

Data updated 2026-08-25

$811K
Total assets Small plan by assets
111
Participants Small participant base
21st
Percentile by assets National rank
$7,304
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Galilee Medical 401(k) · Sponsored by Galilee Medical · Illinois · Healthcare & Social Assistance

$811K in assets, 111 participants

Galilee Medical's Galilee Medical 401(k) reported $811K in total assets and 111 participants in its 2024 DOL Form 5500 filing, ranking in the 21st 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.

  • #2,888 in Healthcare & Social Assistance (16,916 peers)

Coverage in Illinois

Galilee Medical 401(k) covers 111 participants in Illinois, about 14% of the average Illinois filer (state average ~779 per filing). Assets: $811K.

#2,888
in Healthcare & Social Assistance (16,916 peers)
+12.4%
assets growth YoY

Galilee Medical 401(k) among the smaller filed plans by assets

Galilee Medical 401(k) vs every filed plan by assets

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

$810,779 21st percentile higher than 21% 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

Galilee Medical 401(k) 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. Galilee Medical 401(k) sits mid-pack in the medium band (111 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Galilee Medical 401(k) reported net income rose from $79K in the plan year 2023 filing to $89K in the plan year 2024 filing.
  • Galilee Medical 401(k) end-of-year assets rose from $722K in the plan year 2023 filing to $811K in the plan year 2024 filing.
  • Galilee Medical 401(k) reported participants rose from 103 in the plan year 2023 filing to 111 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 363997185 · Galilee Medical PY 2024 · 401(k)

Galilee Medical 401(k) · $811K · 111 · 21st

  • PCT $811K
  • PCT 111
  • PCT 21st
  • PCT 401(k)
  • PCT near Jcb Music, Inc. 401(k) Profit Sharing Plan
  • PCT ind #2888

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 Illinois →

Galilee Medical 401(k) in the asset neighbourhood

Galilee Medical 401(k)$811KJcb Music, Inc. 401(k) Profit Sharing PlanJcb Music, Inc. 401(k) Profi…$811KNichols Construction Employee Stock Ownership 401(k) PlanNichols Construction Employe…$811KBarron Business Enterprises, Inc. 401(k) Profit Sharing PlanBarron Business Enterprises,…$811KVelocity Telecom Services, LLC Retirement PlanVelocity Telecom Services, L…$810K
End-of-year total assets ($M) among Galilee Medical 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$722K
Net Assets (End of Year)$811K
Net Income$89K
Employer EIN363997185
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Galilee Medical)

Sponsor-wide plan assets over time

All Galilee Medical plans reported in each filing year

Latest sponsor-wide plan assets
$811K 26.135136732909555% vs 2022
2024 filing year
$0.6M$0.7M$0.8M$0.9M 202220232024 $0.64M $0.81M ▲ +26.6%
Year Plans Participants Total Assets
2022 1 101 $643K
2023 1 103 $722K
2024 1 111 $811K

Nearby 401(k) Plans in Illinois

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

Galilee Medical 401(k) vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Galilee Medical 401(k), Total assets ($B): 0.000810779 · Participants: 111Galilee Medical 401(k)Accenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Galilee Medical 401(k) vs. nearby 401(k) plans in Illinois, assets vs. participants

Galilee Medical 401(k)'s out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Jcb Music, Inc. 401(k) Profit Sharing Plan in CA ($811K); by covered participants it is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (111 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (111 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 Galilee Medical 401(k) assets move in 2024?
Galilee Medical 401(k) grew at a solid clip - up 12.4% during 2024, from $722K to $811K. Reported net income was $89K.
How have Galilee Medical plan assets changed over time?
Across 3 plan years on file (2022-2024), Galilee Medical's sponsor-wide assets grew 26.1%, from $643K to $811K.
Where does Galilee Medical 401(k) rank by assets among Form 5500 filers?
Galilee Medical 401(k) ranks in the 21st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Galilee Medical 401(k)?
Among 401(k) plans in other states, the closest by assets is Jcb Music, Inc. 401(k) Profit Sharing Plan in CA ($811K, 2 participants).
Which 401(k) plans cover a similar participant headcount to Galilee Medical 401(k)?
Among 401(k) plans in other states, the closest by covered participants is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (111 participants, $2M in assets).