Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Bayhealth Medical Center, Inc. Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Bayhealth Medical Center, Inc · Delaware · Healthcare & Social Assistance

What the 2023 filing shows

Bayhealth Medical Center, Inc. Pension Plan holds $173M for 700 participants — about $246,657 per participant, down 23.0% over the 2022 plan year.

$173M
total plan assets (2022 EOY)
700
covered participants
$246,657
avg assets per participant
-23.0%
assets change YoY

The plan reported a net loss of $52M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$173M
Participants
700
State
Industry
Healthcare & Social Assistance

What the Filing Says About Bayhealth Medical Center, Inc. Pension Plan

Bayhealth Medical Center, Inc. Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Bayhealth Medical Center, Inc, headquartered in Delaware. As of the 2022 Form 5500 filing, the plan reports $173M in total end-of-year assets and covers 700 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 510064318, and the plan has been effective since 1971-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $224M at the beginning of 2022 to $173M at year-end — a decline of 23.0%. Net assets (after liabilities) closed the year at $173M, with reported net income of $-51,710,206 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$224M
Total Assets (End of Year)$173M
Net Assets (End of Year)$173M
Net Income$-51,710,206
Plan TypeDefined Benefit (Pension)
Employer EIN510064318
Plan Effective Date1971-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bayhealth Medical Center, Inc)

Year Plans Participants Total Assets
2022 4 8,860 $560M
2023 4 8,594 $651M
2024 3 9,581 $571M

Nearby Defined Benefit (Pension) Plans in Delaware

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Bayhealth Medical Center, Inc. Pension Plan?
As of the 2022 Form 5500 filing, Bayhealth Medical Center, Inc. Pension Plan holds $173M in total assets with 700 participants. It is sponsored by Bayhealth Medical Center, Inc.
What type of plan is Bayhealth Medical Center, Inc. Pension Plan?
Bayhealth Medical Center, Inc. Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1971-07-01. The plan is filed with the U.S. Department of Labor under EIN 510064318.
Who sponsors the Bayhealth Medical Center, Inc. Pension Plan?
Bayhealth Medical Center, Inc. Pension Plan is sponsored by Bayhealth Medical Center, Inc, located in Delaware. The sponsor's EIN is 510064318 and the plan operates in the Healthcare & Social Assistance industry.
How did Bayhealth Medical Center, Inc. Pension Plan perform in 2022?
Bayhealth Medical Center, Inc. Pension Plan declined by 23.0% during 2022, moving from $224M to $173M in total assets. Net income was $-51,710,206.
Where can I find official filings for Bayhealth Medical Center, Inc. Pension Plan?
Official Form 5500 filings for Bayhealth Medical Center, Inc. Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 510064318 or plan name at efast.dol.gov.
How does Bayhealth Medical Center, Inc. Pension Plan compare to other plans?
You can compare Bayhealth Medical Center, Inc. Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Delaware on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 510064318.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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