Profit Sharing · DOL Form 5500 · 2022
WAKEMED Profit Sharing Plan
Data updated 2026-08-06
- $1.1B
- Total assets
- 11,689
- Participants
- 99th
- Percentile by assets
- $95,589
- Avg per participant
Official DOL plan name: Wakemed Retirement Savings Plan · Sponsored by WAKEMED · North Carolina · Healthcare & Social Assistance
$1.1B in assets, 11,689 participants
WAKEMED's Wakemed Retirement Savings Plan reported $1.1B in total assets and 11,689 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,258 plans)
- #19,931 in Healthcare & Social Assistance (20,087 peers)
Coverage in North Carolina
Wakemed Retirement Savings Plan covers 11,689 participants in North Carolina, 14x the typical North Carolina plan (state average ~846 per filing). Assets: $1.1B.
- $1.1B
- total plan assets (2022 EOY)
- 11,689
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $95,589
- avg assets per participant
The plan reported a net loss of $134M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 846 participants across 3,325 plans. Wakemed Retirement Savings Plan reports 11,689 participants - 14x that state average ($1.1B EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | -$134M |
| Employer EIN | 566017737 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (WAKEMED)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 13,855 | $1.2B |
| 2023 | 2 | 13,748 | $1.3B |
| 2024 | 2 | 12,940 | $1.5B |
Nearby Profit Sharing Plans in North Carolina
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Wakemed Retirement Savings Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants
- Tax Deferred Savings Plan of Novant Health, Inc. $1.9B · 29,251
- Charter Communications, Inc. Retirement Accumulation Plan $993M · 88,468
- Firsthealth of the Carolinas, Inc. Retirement Growth Plan $95M · 5,217
- Baker & Taylor Retirement Savings Plan $60M · 1,358
- Intermec Fssp Spinoff Plan $52M · 91
Scale composition for Wakemed Retirement Savings Plan
Wakemed Retirement Savings Plan reports $1.1B in end-of-year assets across 11,689 participants (0.010% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.013% of 89,805,449 covered participants) - about $95,589 per participant (70% of the national average assets-per-participant) . Net income for plan year 2022 was -$134M.
This plan identity (EIN 566017737, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.4B (+29.1%) while covered participants moved from 11,689 to 11,105 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,689 | $1.1B | This page |
| 2023 | 11,758 | $1.2B | Open filing |
| 2024 · index core | 11,105 | $1.4B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Wakemed Retirement Savings Plan (401(k), $1.4B, 11,105 participants)
- Wakemed Pension Plan (Defined Benefit (Pension), $97M, 1,835 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Wakemed Retirement Savings Plan by total assets, not by location.
- Memorialcare Retirement Plan (CA) $1.2B · 5,104
- The Research Foundation for Suny Retirement Plan (NY) $1.1B · 11,139
- Boilermakers National Annuity Trust (MO) $1.2B · 18,584
- The Northwestern Mutual Life Insurance Company Agents Persistency Fee Guarantee Fund (WI) $1.2B · 5,909
Frequently Asked Questions
How did Wakemed Retirement Savings Plan assets move in 2022? ▼
How have WAKEMED plan assets changed over time? ▼
Where does Wakemed Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Wakemed Retirement Savings Plan? ▼
Next read for Wakemed Retirement Savings Plan
Filing takeaways
Ways to act on Wakemed Retirement Savings Plan's numbers.
- By total assets, Wakemed Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in North Carolina. Compare plans
- WAKEMED's sponsor-wide assets have grown 27.7% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans