Profit Sharing · DOL Form 5500 · 2022

Firsthealth of the Carolinas, Inc. Profit Sharing Plan

Data updated 2026-08-11

$95M
Total assets
5,217
Participants
92nd
Percentile by assets
$18,176
Avg per participant
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Official DOL plan name: Firsthealth of the Carolinas, Inc. Retirement Growth Plan · Sponsored by Firsthealth of the Carolinas, Inc. · North Carolina · Healthcare & Social Assistance

$95M in assets, 5,217 participants

Firsthealth of the Carolinas, Inc.'s Firsthealth of the Carolinas, Inc. Retirement Growth Plan reported $95M in total assets and 5,217 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #18,761 in Healthcare & Social Assistance (20,060 peers)

Coverage in North Carolina

Firsthealth of the Carolinas, Inc. Retirement Growth Plan covers 5,217 participants in North Carolina, 6.4x the typical North Carolina plan (state average ~819 per filing). Assets: $95M.

$95M
total plan assets (2022 EOY)
5,217
covered participants
92nd
percentile by assets (of 139,126 plans)
$18,176
avg assets per participant

The plan reported a net loss of $19M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Firsthealth of the Carolinas, Inc. Retirement Growth Plan reports 5,217 participants - 6.4x that state average ($95M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$114M
Net Assets (End of Year)$95M
Net Income-$19M
Employer EIN561936354
Plan Effective Date1992-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Firsthealth of the Carolinas, Inc.)

$400M$450M$500M$550M$600M 202220232024 $424M $572M â–˛ +34.9%
Total plan assets by year, all Firsthealth of the Carolinas, Inc. plans on file
Year Plans Participants Total Assets
2022 3 10,478 $424M
2023 3 11,077 $497M
2024 2 11,866 $572M

Nearby Profit Sharing Plans in North Carolina

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

Firsthealth of the Carolinas, Inc. Retirement Growth Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Firsthealth of the Carolinas, Inc. Retirement Growth Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -0.500.511.52 Total assets ($B) Participants Firsthealth of the C…Tax Deferred Savings…Wakemed Retirement S…Charter Communicatio…Baker & Taylor Retir…Intermec Fssp Spinof…
Firsthealth of the Carolinas, Inc. Retirement Growth Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Scale composition for Firsthealth of the Carolinas, Inc. Retirement Growth Plan

Firsthealth of the Carolinas, Inc. Retirement Growth Plan reports $95M in end-of-year assets across 5,217 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $18,176 per participant (13% of the national average assets-per-participant) . Net income for plan year 2022 was -$19M.

This plan identity (EIN 561936354, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $95M to $121M (+27.8%) while covered participants moved from 5,217 to 5,933 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,217 $95M This page
2023 5,519 $108M Open filing
2024 · index core 5,933 $121M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Firsthealth of the Carolinas, Inc. Retirement Growth Plan by total assets, not by location.

Frequently Asked Questions

How did Firsthealth of the Carolinas, Inc. Retirement Growth Plan assets move in 2022?
Firsthealth of the Carolinas, Inc. Retirement Growth Plan declined sharply - down 16.9% during 2022, from $114M to $95M. Reported net income was -$19M.
How have Firsthealth of the Carolinas, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Firsthealth of the Carolinas, Inc.'s sponsor-wide assets grew 34.9%, from $424M to $572M.
Where does Firsthealth of the Carolinas, Inc. Retirement Growth Plan rank by assets among Form 5500 filers?
Firsthealth of the Carolinas, Inc. Retirement Growth Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Firsthealth of the Carolinas, Inc. Retirement Growth Plan?
Among Profit Sharing plans in other states, the closest by assets is Freeman Retirement Plan in MO ($95M, 4,338 participants).

Filing takeaways

Ways to act on Firsthealth of the Carolinas, Inc. Retirement Growth Plan's numbers.