401(k) · DOL Form 5500 · 2022

Affordable Care, LLC 401(k) Plan

Data updated 2026-08-11

$179M
Total assets
2,575
Participants
95th
Percentile by assets
$69,657
Avg per participant
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Official DOL plan name: Affordable Care, LLC Multiple Employer 401(k) Plan · Sponsored by Affordable Care, LLC · North Carolina · Healthcare & Social Assistance

$179M in assets, 2,575 participants

Affordable Care, LLC's Affordable Care, LLC Multiple Employer 401(k) Plan reported $179M in total assets and 2,575 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #19,229 in Healthcare & Social Assistance (20,060 peers)

Coverage in North Carolina

Affordable Care, LLC Multiple Employer 401(k) Plan covers 2,575 participants in North Carolina, 3.1x the typical North Carolina plan (state average ~819 per filing). Assets: $179M.

$179M
total plan assets (2022 EOY)
2,575
covered participants
95th
percentile by assets (of 139,126 plans)
$69,657
avg assets per participant

The plan reported a net loss of $38M 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 819 participants across 3,515 plans. Affordable Care, LLC Multiple Employer 401(k) Plan reports 2,575 participants - 3.1x that state average ($179M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$217M
Net Assets (End of Year)$179M
Net Income-$38M
Employer EIN561505559
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Affordable Care, LLC)

$160M$180M$200M$220M$240M$260M 202220232024 $179M $235M ▲ +31.2%
Total plan assets by year, all Affordable Care, LLC plans on file
Year Plans Participants Total Assets
2022 1 2,575 $179M
2023 1 2,393 $214M
2024 1 2,354 $235M

Nearby 401(k) Plans in North Carolina

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

Affordable Care, LLC Multiple Employer 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Affordable Care, LLC Multiple Employer 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Affordable Care, LLC…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Lowes 401(k) Plan
Affordable Care, LLC Multiple Employer 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Affordable Care, LLC Multiple Employer 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Affordable Care, LLC Multiple Employer 401(k) Plan assets move in 2022?
Affordable Care, LLC Multiple Employer 401(k) Plan declined sharply - down 17.3% during 2022, from $217M to $179M. Reported net income was -$38M.
How have Affordable Care, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Affordable Care, LLC's sponsor-wide assets grew 31.2%, from $179M to $235M.
Where does Affordable Care, LLC Multiple Employer 401(k) Plan rank by assets among Form 5500 filers?
Affordable Care, LLC Multiple Employer 401(k) Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Affordable Care, LLC Multiple Employer 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Allegis Group, Inc. Retirement Savings Plan Two in MD ($179M, 174,956 participants).

Next read for Affordable Care, LLC Multiple Employer 4…

Filing takeaways

Ways to act on Affordable Care, LLC Multiple Employer 401(k) Plan's numbers.