Other · DOL Form 5500 · 2022

Caromont Health, Inc. Retirement Plan

Data updated 2026-08-11

$375M
Total assets
4,211
Participants
97th
Percentile by assets
$88,976
Avg per participant
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Official DOL plan name: Caromont Health, Inc. Retirement Savings Plan · Sponsored by Caromont Health, Inc. · North Carolina · Healthcare & Social Assistance

$375M in assets, 4,211 participants

Caromont Health, Inc.'s Caromont Health, Inc. Retirement Savings Plan reported $375M in total assets and 4,211 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,580 in Healthcare & Social Assistance (20,060 peers)

Coverage in North Carolina

Caromont Health, Inc. Retirement Savings Plan covers 4,211 participants in North Carolina, 5.1x the typical North Carolina plan (state average ~819 per filing). Assets: $375M.

$375M
total plan assets (2022 EOY)
4,211
covered participants
97th
percentile by assets (of 139,126 plans)
$88,976
avg assets per participant

The plan reported a net loss of $65M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Caromont Health, Inc. Retirement Savings Plan sits by total assets

Caromont Health, Inc. Retirement Savings Plan vs every filed plan by assets

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

$374,675,935 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,010,000,000 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

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Caromont Health, Inc. Retirement Savings Plan reports 4,211 participants - 5.1x that state average ($375M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$439M
Net Assets (End of Year)$375M
Net Income-$65M
Employer EIN581636959
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Caromont Health, Inc.)

$550M$560M$570M$580M$590M$600M 202220232024 $587M $569M ▼ -3.1%
Total plan assets by year, all Caromont Health, Inc. plans on file
Year Plans Participants Total Assets
2022 2 4,920 $587M
2023 2 5,116 $557M
2024 2 5,532 $569M

Nearby Other Plans in North Carolina

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

Caromont Health, Inc. Retirement Savings Plan vs. nearby Other plans in North Carolina, assets vs. participants

Caromont Health, Inc. Retirement Savings Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -202468 Total assets ($B) Participants Caromont Health, Inc…The Duke University …Wake Forest Baptist …The Moses H. Cone Me…Wake Forest Universi…Firsthealth of the C…
Caromont Health, Inc. Retirement Savings Plan vs. nearby Other plans in North Carolina, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Caromont Health, Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Caromont Health, Inc. Retirement Savings Plan assets move in 2022?
Caromont Health, Inc. Retirement Savings Plan pulled back noticeably - down 14.7% during 2022, from $439M to $375M. Reported net income was -$65M.
How have Caromont Health, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Caromont Health, Inc.'s sponsor-wide assets declined 3.1%, from $587M to $569M.
Where does Caromont Health, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Caromont Health, Inc. Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Caromont Health, Inc. Retirement Savings Plan?
Among Other plans in other states, the closest by assets is Midwestern University Retirement Plan in IL ($374M, 1,585 participants).

Next read for Caromont Health, Inc. Retirement Savings…

Filing takeaways

Ways to act on Caromont Health, Inc. Retirement Savings Plan's numbers.