401(k)
2022 plan-year 401(k) DOL Form 5500

Physicians East PA Profit Sharing Plan & Trust

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

Sponsored by Physicians East PA · North Carolina · Healthcare & Social Assistance

What the 2023 filing shows

Physicians East PA Profit Sharing Plan & Trust holds $89M for 495 participants — about $178,885 per participant, down 22.5% over the 2022 plan year.

$89M
total plan assets (2022 EOY)
495
covered participants
$178,885
avg assets per participant
-22.5%
assets change YoY

The plan reported a net loss of $26M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$89M
Participants
495
Industry
Healthcare & Social Assistance

What the Filing Says About Physicians East PA Profit Sharing Plan & Trust

Physicians East PA Profit Sharing Plan & Trust is a 401(k) retirement plan sponsored by Physicians East PA, headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $89M in total end-of-year assets and covers 495 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 561968491, and the plan has been effective since 1996-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $114M at the beginning of 2022 to $89M at year-end — a decline of 22.5%. Net assets (after liabilities) closed the year at $89M, with reported net income of $-25,700,393 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)$114M
Total Assets (End of Year)$89M
Net Assets (End of Year)$89M
Net Income$-25,700,393
Plan Type401(k)
Employer EIN561968491
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Physicians East PA)

Year Plans Participants Total Assets
2022 1 495 $89M
2023 1 483 $106M
2024 1 503 $114M

Nearby 401(k) Plans in North Carolina

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Frequently Asked Questions

How much money is in the Physicians East PA Profit Sharing Plan & Trust?
As of the 2022 Form 5500 filing, Physicians East PA Profit Sharing Plan & Trust holds $89M in total assets with 495 participants. It is sponsored by Physicians East PA.
What type of plan is Physicians East PA Profit Sharing Plan & Trust?
Physicians East PA Profit Sharing Plan & Trust is a 401(k) plan. It has been effective since 1996-07-01. The plan is filed with the U.S. Department of Labor under EIN 561968491.
Who sponsors the Physicians East PA Profit Sharing Plan & Trust?
Physicians East PA Profit Sharing Plan & Trust is sponsored by Physicians East PA, located in North Carolina. The sponsor's EIN is 561968491 and the plan operates in the Healthcare & Social Assistance industry.
How did Physicians East PA Profit Sharing Plan & Trust perform in 2022?
Physicians East PA Profit Sharing Plan & Trust declined by 22.5% during 2022, moving from $114M to $89M in total assets. Net income was $-25,700,393.
Where can I find official filings for Physicians East PA Profit Sharing Plan & Trust?
Official Form 5500 filings for Physicians East PA Profit Sharing Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 561968491 or plan name at efast.dol.gov.
How does Physicians East PA Profit Sharing Plan & Trust compare to other plans?
You can compare Physicians East PA Profit Sharing Plan & Trust against other 401(k) plans on the plan type page, or view plans in North Carolina 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 561968491.

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.