Defined Benefit (Pension) · DOL Form 5500 · 2022

Caromont Health, Inc. Pension Plan

Data updated 2026-08-25

$213M
Total assets Near avg plan size
709
Participants Below avg headcount
96th
Percentile by assets National rank
$299,735
Avg per participant High balance/head
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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.

  • #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.

#19,330
in Healthcare & Social Assistance (20,060 peers)
-15.7%
assets change YoY
2.1×
vs typical plan assets (national mean)

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's outsized position by total assets

Pension Plan for the Employees of Caromont Health vs every filed plan by assets

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

$212,512,216 Top 4% higher than 96% 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

Pension Plan for the Employees of Caromont Health 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. Pension Plan for the Employees of Caromont Health sits mid-pack in the medium band (709 participants).

Form 5500 schedule snapshot

Filing strip 581636959 · Caromont Health, Inc. PY 2022 · Defined Benefit (Pension)

Pension Plan for the Employees of Caromont Health · $213M · 709 · 96th

  • NET $213M
  • BOOK 709
  • VS-ST 96th
  • BOY Defined Benefit (Pension)
  • SCH near Arthur J. Gallagher & Co. Employees' Pension Plan
  • EBSA ind #19330

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 →

Pension Plan for the Employees of Caromont Health in the asset neighbourhood

Roadway LLC Pension Plan$213MOcu Pension Trust$213MThe Phila Bakery Employers & Food Driver Salesmens Union Local #463 & Teamsters Local #676 Pension PlThe Phila Bakery Employers &…$213MPension Plan for the Employees of Caromont HealthPension Plan for the Employe…$213MArthur J. Gallagher & Co. Employees' Pension PlanArthur J. Gallagher & Co. Em…$213M
End-of-year total assets ($M) among Pension Plan for the Employees of Caromont Health and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$252M
Net Assets (End of Year)$213M
Net Income-$40M
Employer EIN581636959
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Caromont Health, Inc.)

Sponsor-wide plan assets over time

All Caromont Health, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$569M 3.0602434618950616% vs 2022
2024 filing year
$550M$560M$570M$580M$590M$600M 202220232024 $587M $569M ▼ -3.1%
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 Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants Pension Plan for the Employees of Caromont Health, Total assets ($B): 0.212512216 · Participants: 709Pension Plan for the Employees of Caromont HealthHoneywell Retirement Earnings Plan, Total assets ($B): 17.0193439 · Participants: 12452Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 12.462364023 · Participants: 37931Truist Financial Corporation Pension PlanDuke Energy Legacy Pension Plan, Total assets ($B): 4.0414 · Participants: 346Duke Energy Legacy Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 3.182 · Participants: 16132Duke Energy Retirement Cash Balance PlanTime Warner Cable Pension Plan, Total assets ($B): 2.583220843 · Participants: 18624Time Warner Cable Pension Plan
Pension Plan for the Employees of Caromont Health vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Pension Plan for the Employees of Caromont Health side-by-side with 3 peers →

Pension Plan for the Employees of Caromont Health's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Arthur J. Gallagher & Co. Employees' Pension Plan in IL ($213M); by covered participants it is Mo-Kan Iron Workers Pension Fund in MO (710 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (709 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 Pension Plan for the Employees of Caromont Health assets move in 2022? ▼
Pension Plan for the Employees of Caromont Health declined sharply - down 15.7% during 2022, from $252M to $213M. Reported net income was -$40M.
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 Pension Plan for the Employees of Caromont Health rank by assets among Form 5500 filers? ▼
Pension Plan for the Employees of Caromont Health ranks in the 96th 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 Defined Benefit (Pension) plans are similar in size to Pension Plan for the Employees of Caromont Health? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Arthur J. Gallagher & Co. Employees' Pension Plan in IL ($213M, 1,181 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for the Employees of Caromont Health? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mo-Kan Iron Workers Pension Fund in MO (710 participants, $234M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 581636959.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.