Plan Snapshot
- Plan Sponsor: Medline Industries,LP
- Sponsor EIN: 362596612
- Sponsor Address: THREE LAKES DRIVE, NORTHFIELD, IL, 60093
- Plan Type: 401(k)
- Total Participants: 23,198
- Total Assets: $1.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 23,198 | $1.6B | $42.2M | $129.4M |
| 2023 | 21,813 | $1.4B | $37.0M | $117.2M |
| 2022 | 20,330 | $1.1B | $32.7M | $103.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,610,908 | — | — | — | — |
| 2023 | $1,431,328 | — | — | — | — |
| 2022 | $1,260,499 | — | — | — | — |