Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Baycare Health System 403(b) Program

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

Sponsored by Baycare Health System Inc. · Florida · Healthcare & Social Assistance

What the 2023 filing shows

Baycare Health System 403(b) Program holds $44M for 856 participants — about $51,320 per participant, down 21.4% over the 2022 plan year.

$44M
total plan assets (2022 EOY)
856
covered participants
$51,320
avg assets per participant
-21.4%
assets change YoY

The plan reported a net loss of $12M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$44M
Participants
856
State
Industry
Healthcare & Social Assistance

What the Filing Says About Baycare Health System 403(b) Program

Baycare Health System 403(b) Program is a Profit Sharing retirement plan sponsored by Baycare Health System Inc., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $44M in total end-of-year assets and covers 856 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 592796965, and the plan has been effective since 1990-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $56M at the beginning of 2022 to $44M at year-end — a decline of 21.4%. Net assets (after liabilities) closed the year at $44M, with reported net income of $-11,990,738 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)$56M
Total Assets (End of Year)$44M
Net Assets (End of Year)$44M
Net Income$-11,990,738
Plan TypeProfit Sharing
Employer EIN592796965
Plan Effective Date1990-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baycare Health System Inc.)

Year Plans Participants Total Assets
2022 3 28,901 $2.2B
2023 3 30,568 $2.7B
2024 3 32,573 $3.2B

Nearby Profit Sharing Plans in Florida

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Baycare Health System 403(b) Program?
As of the 2022 Form 5500 filing, Baycare Health System 403(b) Program holds $44M in total assets with 856 participants. It is sponsored by Baycare Health System Inc..
What type of plan is Baycare Health System 403(b) Program?
Baycare Health System 403(b) Program is a Profit Sharing plan. It has been effective since 1990-10-01. The plan is filed with the U.S. Department of Labor under EIN 592796965.
Who sponsors the Baycare Health System 403(b) Program?
Baycare Health System 403(b) Program is sponsored by Baycare Health System Inc., located in Florida. The sponsor's EIN is 592796965 and the plan operates in the Healthcare & Social Assistance industry.
How did Baycare Health System 403(b) Program perform in 2022?
Baycare Health System 403(b) Program declined by 21.4% during 2022, moving from $56M to $44M in total assets. Net income was $-11,990,738.
Where can I find official filings for Baycare Health System 403(b) Program?
Official Form 5500 filings for Baycare Health System 403(b) Program are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 592796965 or plan name at efast.dol.gov.
How does Baycare Health System 403(b) Program compare to other plans?
You can compare Baycare Health System 403(b) Program against other Profit Sharing plans on the plan type page, or view plans in Florida 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 592796965.

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.