401(k) · DOL Form 5500 · 2022

Scotland Health Care System 401(k) Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
N/A
Participants Small participant base
89th
Percentile by assets National rank
PlainRetire home → About this data RSS: change history

Official DOL plan name: Scotland Memorial Hospital, Inc. 403(b) Retirement Plan · Sponsored by Scotland Health Care System · North Carolina · Healthcare & Social Assistance

$57M in assets, N/A participants

Scotland Health Care System's Scotland Memorial Hospital, Inc. 403(b) Retirement Plan reported $57M in total assets and N/A participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #18,193 in Healthcare & Social Assistance (20,060 peers)

Where Scotland Memorial Hospital, Inc. 403(b) Retirement Plan sits by assets

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan sits in the top quartile of all filed plans by assets, $57M for N/A participants, down 13.9% in 2022.

#18,193
in Healthcare & Social Assistance (20,060 peers)
-13.9%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan's outsized position by total assets

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan vs every filed plan by assets

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

$57,138,894 Top 11% higher than 89% 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

Filed plans by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

DOL schedule card

Filing strip 560583151 · Scotland Health Care System PY 2022 · 401(k)

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan · $57M · N/A · 89th

  • 5500 $57M
  • ASSETS N/A
  • PCT 89th
  • EIN 401(k)
  • RANK near Keystone Peer Review Organization, Inc. 401(k) Capital Accumulation Plan
  • PHOTO ind #18193

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 →

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan in the asset neighbourhood

The Profit Sharing Plus Plan (the Plan) of Advantage Management CorporationThe Profit Sharing Plus Plan…$57MScotland Memorial Hospital, Inc. 403(b) Retirement PlanScotland Memorial Hospital, …$57MKeystone Peer Review Organization, Inc. 401(k) Capital Accumulation PlanKeystone Peer Review Organiz…$57MMetalcraft of Mayville, Inc. 401(k) Profit Sharing PlanMetalcraft of Mayville, Inc.…$57MGeorge Butler Associates, Inc. Profit Sharing PlanGeorge Butler Associates, In…$57M
End-of-year total assets ($M) among Scotland Memorial Hospital, Inc. 403(b) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$57M
Net Income-$9M
Employer EIN560583151
Plan Effective Date2022-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scotland Health Care System)

Sponsor-wide plan assets over time

All Scotland Health Care System plans reported in each filing year

Latest sponsor-wide plan assets
$79M 38.57469134771842% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $57.1M $79.2M ▲ +38.6%
Year Plans Participants Total Assets
2022 1 N/A $57M
2023 1 1,106 $68M
2024 1 1,257 $79M

Nearby 401(k) Plans in North Carolina

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

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Scotland Memorial Hospital, Inc. 403(b) Retirement Plan, Total assets ($B): 0.057138894 · Participants: 0Scotland Memorial Hospital, Inc. 403(b) Retirement PlanThe 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
Scotland Memorial Hospital, Inc. 403(b) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Scotland Memorial Hospital, Inc. 403(b) Retirement Plan side-by-side with 3 peers →

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan's closest out-of-state 401(k) peers by assets

Outside North Carolina, the nearest 401(k) by end-of-year assets is Keystone Peer Review Organization, Inc. 401(k) Capital Accumulation Plan in PA at $57M (this filing: $57M).

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 Scotland Memorial Hospital, Inc. 403(b) Retirement Plan assets move in 2022? ▼
Scotland Memorial Hospital, Inc. 403(b) Retirement Plan pulled back noticeably - down 13.9% during 2022, from $66M to $57M. Reported net income was -$9M.
How have Scotland Health Care System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Scotland Health Care System's sponsor-wide assets grew 38.6%, from $57M to $79M.
Where does Scotland Memorial Hospital, Inc. 403(b) Retirement Plan rank by assets among Form 5500 filers? ▼
Scotland Memorial Hospital, Inc. 403(b) Retirement Plan ranks in the 89th 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 Scotland Memorial Hospital, Inc. 403(b) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Keystone Peer Review Organization, Inc. 401(k) Capital Accumulation Plan in PA ($57M, 1,488 participants).

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 560583151.

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.