401(k) · DOL Form 5500 · 2022

Hillcrest Convalescent Center, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
289
Participants Below avg headcount
59th
Percentile by assets National rank
$26,288
Avg per participant Low balance/head
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Official DOL plan name: Hillcrest Convalescent Center 401(k) Retirement Plan · Sponsored by Hillcrest Convalescent Center, Inc. · North Carolina · Healthcare & Social Assistance

$8M in assets, 289 participants

Hillcrest Convalescent Center, Inc.'s Hillcrest Convalescent Center 401(k) Retirement Plan reported $8M in total assets and 289 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.

  • #13,059 in Healthcare & Social Assistance (20,060 peers)

Coverage in North Carolina

Hillcrest Convalescent Center 401(k) Retirement Plan covers 289 participants in North Carolina, about 35% of the average North Carolina filer (state average ~819 per filing). Assets: $8M.

#13,059
in Healthcare & Social Assistance (20,060 peers)
-18.0%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hillcrest Convalescent Center 401(k) Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Hillcrest Convalescent Center 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$7,597,159 Top 41% higher than 59% of 139,123 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 2022

Hillcrest Convalescent Center 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hillcrest Convalescent Center 401(k) Retirement Plan sits mid-pack in the medium band (289 participants).

Plan-year Form 5500 strip

Filing strip 560569851 · Hillcrest Convalescent Center, Inc. PY 2022 · 401(k)

Hillcrest Convalescent Center 401(k) Retirement Plan · $8M · 289 · 59th

  • PHOTO $8M
  • IND 289
  • EOY 59th
  • 5500 401(k)
  • ASSETS near Katalyst Technologies 401(k) Plan
  • PCT ind #13059

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 North Carolina →

Hillcrest Convalescent Center 401(k) Retirement Plan in the asset neighbourhood

Hillcrest Convalescent Center 401(k) Retirement PlanHillcrest Convalescent Cente…$8MKatalyst Technologies 401(k) PlanKatalyst Technologies 401(k)…$8MPlaystudios US, LLC 401(k) PlanPlaystudios US, LLC 401(k) P…$8MColusa Bingo & Casino 401(k) Plan & TrustColusa Bingo & Casino 401(k)…$8MInconen 401(k) Plan$8M
End-of-year total assets ($M) among Hillcrest Convalescent Center 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$2M
Employer EIN560569851
Plan Effective Date1996-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hillcrest Convalescent Center, Inc.)

Sponsor-wide plan assets over time

All Hillcrest Convalescent Center, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 27.7720131959855% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $7.6M $9.71M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 289 $8M
2023 1 256 $9M
2024 1 282 $10M

Nearby 401(k) Plans in North Carolina

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

Hillcrest Convalescent Center 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Hillcrest Convalescent Center 401(k) Retirement Plan, Total assets ($B): 0.007597159 · Participants: 289Hillcrest Convalescent Center 401(k) Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Hillcrest Convalescent Center 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Hillcrest Convalescent Center 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Katalyst Technologies 401(k) Plan in IL ($8M); by covered participants it is De Pere Cabinet, Inc. Employees' Profit Sharing and Savings Plan in WI (289 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (289 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hillcrest Convalescent Center 401(k) Retirement Plan assets move in 2022?
Hillcrest Convalescent Center 401(k) Retirement Plan declined sharply - down 18.0% during 2022, from $9M to $8M. Reported net income was -$2M.
How have Hillcrest Convalescent Center, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hillcrest Convalescent Center, Inc.'s sponsor-wide assets grew 27.8%, from $8M to $10M.
Which 401(k) plans are similar in size to Hillcrest Convalescent Center 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Katalyst Technologies 401(k) Plan in IL ($8M, 68 participants).
Which 401(k) plans cover a similar participant headcount to Hillcrest Convalescent Center 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is De Pere Cabinet, Inc. Employees' Profit Sharing and Savings Plan in WI (289 participants, N/A in assets).