401(k) · DOL Form 5500 · 2022

Murphy Medical Center, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
329
Participants Below avg headcount
76th
Percentile by assets National rank
$56,999
Avg per participant Low balance/head
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Official DOL plan name: Erlanger Health System Not for Profit 403(b) Retirement Savings · Sponsored by Murphy Medical Center, Inc. · North Carolina · Healthcare & Social Assistance

$19M in assets, 329 participants

Murphy Medical Center, Inc.'s Erlanger Health System Not for Profit 403(b) Retirement Savings reported $19M in total assets and 329 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #16,073 in Healthcare & Social Assistance (20,060 peers)

Coverage in North Carolina

Erlanger Health System Not for Profit 403(b) Retirement Savings covers 329 participants in North Carolina, about 40% of the average North Carolina filer (state average ~819 per filing). Assets: $19M.

#16,073
in Healthcare & Social Assistance (20,060 peers)
-21.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Erlanger Health System Not for Profit 403(b) Retirement Savings's outsized position by total assets

Erlanger Health System Not for Profit 403(b) Retirement Savings vs every filed plan by assets

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

$18,752,574 Top 24% higher than 76% 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

Erlanger Health System Not for Profit 403(b) Retirement Savings 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. Erlanger Health System Not for Profit 403(b) Retirement Savings sits mid-pack in the medium band (329 participants).

Plan-year Form 5500 strip

Filing strip 561844262 · Murphy Medical Center, Inc. PY 2022 · 401(k)

Erlanger Health System Not for Profit 403(b) Retirement Savings · $19M · 329 · 76th

  • EBSA $19M
  • PART 329
  • TYPE 76th
  • NET 401(k)
  • BOOK near Komori America Corporation Retirement Plan
  • VS-ST ind #16073

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 →

Erlanger Health System Not for Profit 403(b) Retirement Savings in the asset neighbourhood

Erlanger Health System Not for Profit 403(b) Retirement SavingsErlanger Health System Not f…$19MKomori America Corporation Retirement PlanKomori America Corporation R…$19MAxiom Systems, Inc. 401(k) PlanAxiom Systems, Inc. 401(k) P…$19MBureau Employee System for Thrift (Best) PlanBureau Employee System for T…$19MG. E. C., Inc. Employees ' Retirement Savings PlanG. E. C., Inc. Employees ' R…$19M
End-of-year total assets ($M) among Erlanger Health System Not for Profit 403(b) Retirement Savings and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$19M
Net Income-$5M
Employer EIN561844262
Plan Effective Date1993-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Murphy Medical Center, Inc.)

Sponsor-wide plan assets over time

All Murphy Medical Center, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 31.954322643920776% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $18.8M $24.7M ▲ +31.9%
Year Plans Participants Total Assets
2022 1 329 $19M
2023 1 337 $21M
2024 1 356 $25M

Nearby 401(k) Plans in North Carolina

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

Erlanger Health System Not for Profit 403(b) Retirement Savings vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Erlanger Health System Not for Profit 403(b) Retirement Savings, Total assets ($B): 0.018752574 · Participants: 329Erlanger Health System Not for Profit 403(b) Retirement SavingsThe 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
Erlanger Health System Not for Profit 403(b) Retirement Savings vs. nearby 401(k) plans in North Carolina, assets vs. participants

Erlanger Health System Not for Profit 403(b) Retirement Savings's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Komori America Corporation Retirement Plan in IL ($19M); by covered participants it is Anchor Industries, Inc. 401(k) Plan in IN (329 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (329 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 Erlanger Health System Not for Profit 403(b) Retirement Savings assets move in 2022?
Erlanger Health System Not for Profit 403(b) Retirement Savings declined sharply - down 21.3% during 2022, from $24M to $19M. Reported net income was -$5M.
How have Murphy Medical Center, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Murphy Medical Center, Inc.'s sponsor-wide assets grew 32.0%, from $19M to $25M.
Where does Erlanger Health System Not for Profit 403(b) Retirement Savings rank by assets among Form 5500 filers?
Erlanger Health System Not for Profit 403(b) Retirement Savings ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Erlanger Health System Not for Profit 403(b) Retirement Savings?
Among 401(k) plans in other states, the closest by assets is Komori America Corporation Retirement Plan in IL ($19M, 66 participants).
Which 401(k) plans cover a similar participant headcount to Erlanger Health System Not for Profit 403(b) Retirement Savings?
Among 401(k) plans in other states, the closest by covered participants is Anchor Industries, Inc. 401(k) Plan in IN (329 participants, $15M in assets).