Defined Benefit (Pension) · DOL Form 5500 · 2022

WAKEMED Pension Plan

Data updated 2026-08-25

$88M
Total assets Below avg plan size
2,166
Participants Above avg headcount
92nd
Percentile by assets National rank
$40,469
Avg per participant Low balance/head
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Official DOL plan name: Wakemed Pension Plan · Sponsored by WAKEMED · North Carolina · Healthcare & Social Assistance

$88M in assets, 2,166 participants

WAKEMED's Wakemed Pension Plan reported $88M in total assets and 2,166 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • #18,679 in Healthcare & Social Assistance (20,060 peers)

Coverage in North Carolina

Wakemed Pension Plan covers 2,166 participants in North Carolina, 2.6x the typical North Carolina plan (state average ~819 per filing). Assets: $88M.

#18,679
in Healthcare & Social Assistance (20,060 peers)
-20.2%
assets change YoY
0.9×
vs typical plan assets (national mean)

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Wakemed Pension Plan's outsized position by total assets

Wakemed Pension Plan vs every filed plan by assets

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

$87,656,478 Top 8% higher than 92% 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

Wakemed Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wakemed Pension Plan lands in the large band (2,166 participants).

EBSA filing schedule strip

Filing strip 566017737 · WAKEMED PY 2022 · Defined Benefit (Pension)

Wakemed Pension Plan · $88M · 2,166 · 92nd

  • EBSA $88M
  • EBSA 2,166
  • EBSA 92nd
  • EBSA Defined Benefit (Pension)
  • EBSA near Eastern Connecticut Health Network, Inc. Pension Plan
  • EBSA ind #18679

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 →

Wakemed Pension Plan in the asset neighbourhood

Agc Flat Glass North America, Inc. Retirement Plan for Eligible Hourly Paid EmployeesAgc Flat Glass North America…$88MWakemed Pension Plan$88MEastern Connecticut Health Network, Inc. Pension PlanEastern Connecticut Health N…$88MWinston & Strawn LLP Cash Balance PlanWinston & Strawn LLP Cash Ba…$88MPartners' Pension Plan of Hughes Hubbard & ReedPartners' Pension Plan of Hu…$87M
End-of-year total assets ($M) among Wakemed Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$110M
Net Assets (End of Year)$88M
Net Income-$22M
Employer EIN566017737
Plan Effective Date1965-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (WAKEMED)

Sponsor-wide plan assets over time

All WAKEMED plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 27.724753350008108% vs 2022
2024 filing year
$1B$1.2B$1.4B$1.6B 202220232024 $1.2B $1.54B ▲ +28.3%
Year Plans Participants Total Assets
2022 2 13,855 $1.2B
2023 2 13,748 $1.3B
2024 2 12,940 $1.5B

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Wakemed Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants Wakemed Pension Plan, Total assets ($B): 0.087656478 · Participants: 2166Wakemed Pension PlanHoneywell Retirement Earnings Plan, Total assets ($B): 17.0193439 · Participants: 12452Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 12.462364023 · Participants: 37931Truist Financial Corporation Pension PlanDuke Energy Legacy Pension Plan, Total assets ($B): 4.0414 · Participants: 346Duke Energy Legacy Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 3.182 · Participants: 16132Duke Energy Retirement Cash Balance PlanTime Warner Cable Pension Plan, Total assets ($B): 2.583220843 · Participants: 18624Time Warner Cable Pension Plan
Wakemed Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Wakemed Pension Plan side-by-side with 3 peers →

Wakemed Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Eastern Connecticut Health Network, Inc. Pension Plan in CT ($88M); by covered participants it is Retirement Plan for Employees of Southwest Gas Corporation in NV (2,168 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,166 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 Wakemed Pension Plan assets move in 2022? ▼
Wakemed Pension Plan declined sharply - down 20.2% during 2022, from $110M to $88M. Reported net income was -$22M.
How have WAKEMED plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), WAKEMED's sponsor-wide assets grew 27.7%, from $1.2B to $1.5B.
Where does Wakemed Pension Plan rank by assets among Form 5500 filers? ▼
Wakemed Pension Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Wakemed Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Eastern Connecticut Health Network, Inc. Pension Plan in CT ($88M, 378 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Wakemed Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Southwest Gas Corporation in NV (2,168 participants, $1.2B in assets).

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 566017737.

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.