Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Shore Medical Center 403(b) Plan

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

Sponsored by Shore Memorial Hospital Dba Shore Medical Center · New Jersey · Healthcare & Social Assistance

What the 2023 filing shows

Shore Medical Center 403(b) Plan holds $37M for 459 participants — about $79,998 per participant, down 14.6% over the 2022 plan year.

$37M
total plan assets (2022 EOY)
459
covered participants
$79,998
avg assets per participant
-14.6%
assets change YoY

The plan reported a net loss of $5M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$37M
Participants
459
State
Industry
Healthcare & Social Assistance

What the Filing Says About Shore Medical Center 403(b) Plan

Shore Medical Center 403(b) Plan is a Profit Sharing retirement plan sponsored by Shore Memorial Hospital Dba Shore Medical Center, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $37M in total end-of-year assets and covers 459 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 210660835, and the plan has been effective since 2009-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $43M at the beginning of 2022 to $37M at year-end — a decline of 14.6%. Net assets (after liabilities) closed the year at $37M, with reported net income of $-5,325,296 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)$43M
Total Assets (End of Year)$37M
Net Assets (End of Year)$37M
Net Income$-5,325,296
Plan TypeProfit Sharing
Employer EIN210660835
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shore Memorial Hospital Dba Shore Medical Center)

Year Plans Participants Total Assets
2022 3 2,034 $229M
2023 3 1,880 $259M
2024 3 1,839 $268M

Nearby Profit Sharing Plans in New Jersey

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

Frequently Asked Questions

How much money is in the Shore Medical Center 403(b) Plan?
As of the 2022 Form 5500 filing, Shore Medical Center 403(b) Plan holds $37M in total assets with 459 participants. It is sponsored by Shore Memorial Hospital Dba Shore Medical Center.
What type of plan is Shore Medical Center 403(b) Plan?
Shore Medical Center 403(b) Plan is a Profit Sharing plan. It has been effective since 2009-01-01. The plan is filed with the U.S. Department of Labor under EIN 210660835.
Who sponsors the Shore Medical Center 403(b) Plan?
Shore Medical Center 403(b) Plan is sponsored by Shore Memorial Hospital Dba Shore Medical Center, located in New Jersey. The sponsor's EIN is 210660835 and the plan operates in the Healthcare & Social Assistance industry.
How did Shore Medical Center 403(b) Plan perform in 2022?
Shore Medical Center 403(b) Plan declined by 14.6% during 2022, moving from $43M to $37M in total assets. Net income was $-5,325,296.
Where can I find official filings for Shore Medical Center 403(b) Plan?
Official Form 5500 filings for Shore Medical Center 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 210660835 or plan name at efast.dol.gov.
How does Shore Medical Center 403(b) Plan compare to other plans?
You can compare Shore Medical Center 403(b) Plan against other Profit Sharing plans on the plan type page, or view plans in New Jersey 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 210660835.

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.