Defined Benefit (Pension) · DOL Form 5500 · 2022
Caromont Health, Inc. Pension Plan
Data updated 2026-08-11
- $213M
- Total assets
- 709
- Participants
- 96th
- Percentile by assets
- $299,735
- Avg per participant
Official DOL plan name: Pension Plan for the Employees of Caromont Health · Sponsored by Caromont Health, Inc. · North Carolina · Healthcare & Social Assistance
$213M in assets, 709 participants
Caromont Health, Inc.'s Pension Plan for the Employees of Caromont Health reported $213M in total assets and 709 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #19,330 in Healthcare & Social Assistance (20,060 peers)
Where Pension Plan for the Employees of Caromont Health sits by assets
Pension Plan for the Employees of Caromont Health sits in the top 5% of all filed plans by assets, $213M for 709 participants (~$299,735/participant), down 15.7% in 2022.
- $213M
- total plan assets (2022 EOY)
- 709
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $299,735
- avg assets per participant
The plan reported a net loss of $40M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Pension Plan for the Employees of Caromont Health vs the 2022 asset distribution
By assets, Pension Plan for the Employees of Caromont Health outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $252M |
|---|---|
| Net Assets (End of Year) | $213M |
| Net Income | -$40M |
| Employer EIN | 581636959 |
| Plan Effective Date | 1971-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Caromont Health, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 4,920 | $587M |
| 2023 | 2 | 5,116 | $557M |
| 2024 | 2 | 5,532 | $569M |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Pension Plan for the Employees of Caromont Health vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- Honeywell Retirement Earnings Plan $17.0B · 12,452
- Truist Financial Corporation Pension Plan $12.5B · 37,931
- Duke Energy Legacy Pension Plan $4.0B · 346
- Duke Energy Retirement Cash Balance Plan $3.2B · 16,132
- Time Warner Cable Pension Plan $2.6B · 18,624
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Pension Plan for the Employees of Caromont Health by total assets, not by location.
- Arthur J. Gallagher & Co. Employees' Pension Plan (IL) $213M · 1,181
- The Phila Bakery Employers & Food Driver Salesmens Union Local #463 & Teamsters Local #676 Pension Pl (NJ) $213M · 503
- Ocu Pension Trust (CA) $213M · 547
- Roadway LLC Pension Plan (KS) $213M · 330
Frequently Asked Questions
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Ways to act on Pension Plan for the Employees of Caromont Health's numbers.
- By total assets, Pension Plan for the Employees of Caromont Health ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
- Caromont Health, Inc.'s sponsor-wide assets have declined 3.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans