Medline Industries 401(k) match, vesting and fees
What Medline Industries' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Deloitte & Touche LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 43 defined-contribution plans in wholesale trade with 10,000 to 49,999 participants.
| Medline Industries: employer contribution per participant | $1,508 | |
| Peer median | $2,266 |
| Medline Industries: average balance | $58,463 | |
| Peer median | $90,687 |
| Medline Industries: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.07% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.4B at the end of plan year 2023 to $1.6B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 28,470 | $1.6B | $42.2M | $1,508 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 26,599 | $1.4B | $37M | $1,409 | 0.11% | Not published | Form 5500 ↗ |
Common questions
Does Medline Industries match 401(k) contributions?
The match terms for the Medline Industries, LP Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $42.2M in employer contributions, about $1,508 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Medline Industries 401(k) match vested?
The vesting schedule for the Medline Industries, LP Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Medline Industries 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Medline Industries, LP Qualified Plans Committee Plan Administrator.
I left Medline Industries. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Medline Industries, LP Qualified Plans Committee Plan Administrator, (847) 949-5500) or the recordkeeper, The Vanguard Group, Inc.. The Medline Industries old 401(k) page lists the contacts from every plan filing. Find an old Medline Industries 401(k)
Data from the public Form 5500 annual reports Medline Industries filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Medline Industries. Not financial advice. Report a correction · Methodology