Other · DOL Form 5500 · 2022

Wake Forest University Baptist Medical Center Retirement Plan

Data updated 2026-08-25

$2.7B
Total assets Very large vs avg
20,031
Participants Very large workforce
100th
Percentile by assets National rank
$133,597
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan · Sponsored by Wake Forest University Baptist Medical Center · North Carolina · Healthcare & Social Assistance

$2.7B in assets, 20,031 participants

Wake Forest University Baptist Medical Center's Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan reported $2.7B in total assets and 20,031 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • #20,008 in Healthcare & Social Assistance (20,060 peers)

Coverage in North Carolina

Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan covers 20,031 participants in North Carolina, 24x the typical North Carolina plan (state average ~819 per filing). Assets: $2.7B.

#20,008
in Healthcare & Social Assistance (20,060 peers)
-11.8%
assets change YoY
27×
vs typical plan assets (national mean)

The plan reported a net loss of $357M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan's outsized position by total assets

Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan vs every filed plan by assets

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

$2,676,072,314 Highest reported value at or above every one 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

Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan is a mega filing (20,031 participants), the rightmost band on the breakdown.

Published 5500 schedule card

Filing strip 510190238 · Wake Forest University Baptist Medical Center PY 2022 · Other

Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan · $2.7B · 20,031 · 100th

  • VS-ST $2.7B
  • VS-ST 20,031
  • VS-ST 100th
  • VS-ST Other
  • VS-ST near Sentara 403(b) Savings Plan
  • VS-ST ind #20008

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 →

Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan in the asset neighbourhood

Sentara 403(b) Savings Plan$2.7BWake Forest Baptist Medical Center 403(b) Retirement Savings PlanWake Forest Baptist Medical …$2.7BThe University of Pennsylvania Health System 403(b) Retirement Savings PlanThe University of Pennsylvan…$2.5BThe Johns Hopkins University Applied Physics Laboratory Pension Plan BThe Johns Hopkins University…$2.5BBoston University Retirement PlanBoston University Retirement…$2.5B
End-of-year total assets ($B) among Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$3.0B
Net Assets (End of Year)$2.7B
Net Income-$357M
Employer EIN510190238
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wake Forest University Baptist Medical Center)

Sponsor-wide plan assets over time

All Wake Forest University Baptist Medical Center plans reported in each filing year

Latest sponsor-wide plan assets
$3.6B 36.12190272074987% vs 2022
2024 filing year
$2.5B$3B$3.5B$4B 202220232024 $2.68B $3.64B ▲ +35.8%
Year Plans Participants Total Assets
2022 1 20,031 $2.7B
2023 1 18,961 $3.2B
2024 1 19,745 $3.6B

Nearby Other Plans in North Carolina

Peer Other plans, same state, same plan type, ranked by total assets.

Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -202468 Total assets ($B) Participants Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan, Total assets ($B): 2.676072314 · Participants: 20031Wake Forest Baptist Medical Center 403(b) Retirement Savings PlanThe Duke University Faculty and Staff Retirement Plan, Total assets ($B): 7.562740816 · Participants: 43924The Duke University Faculty and Staff Retirement PlanThe Moses H. Cone Memorial Hospital Voluntary Savings Plan, Total assets ($B): 1.233882537 · Participants: 13292The Moses H. Cone Memorial Hospital Voluntary Savings PlanWake Forest University Retirement Plan, Total assets ($B): 0.686528413 · Participants: 2632Wake Forest University Retirement PlanCaromont Health, Inc. Retirement Savings Plan, Total assets ($B): 0.374675935 · Participants: 4211Caromont Health, Inc. Retirement Savings PlanFirsthealth of the Carolinas, Inc. Matching Savings Plan, Total assets ($B): 0.327552743 · Participants: 5217Firsthealth of the Carolinas, Inc. Matching Savings Plan
Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan vs. nearby Other plans in North Carolina, assets vs. participants

Scale composition for Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan

Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan reports $2.7B in end-of-year assets across 20,031 participants (0.022% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $133,597 per participant (97% of the national average assets-per-participant) . Net income for plan year 2022 was -$357M.

This plan identity (EIN 510190238, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.6B (+36.1%) while covered participants moved from 20,031 to 19,745 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 20,031 $2.7B This page
2023 18,961 $3.2B Open filing
2024 · index core 19,745 $3.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan's out-of-state Other peers by assets and headcount

Outside North Carolina, the nearest Other by assets is Sentara 403(b) Savings Plan in VA ($2.7B); by covered participants it is Greater Pennsylvania Carpenters' Annuity and Savings Fund in PA (19,960 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20,031 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 Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan assets move in 2022?
Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan pulled back noticeably - down 11.8% during 2022, from $3.0B to $2.7B. Reported net income was -$357M.
How have Wake Forest University Baptist Medical Center plan assets changed over time?
Across 3 plan years on file (2022-2024), Wake Forest University Baptist Medical Center's sponsor-wide assets grew 36.1%, from $2.7B to $3.6B.
Where does Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan rank by assets among Form 5500 filers?
Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Other plans are similar in size to Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by assets is Sentara 403(b) Savings Plan in VA ($2.7B, 26,421 participants).
Which Other plans cover a similar participant headcount to Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by covered participants is Greater Pennsylvania Carpenters' Annuity and Savings Fund in PA (19,960 participants, $490M in assets).