Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT

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

CANNON MEMORIAL HOSPITAL D/B/A ANMED HEALTH CANNON

This Profit Sharing plan holds $9M in total assets and serves 213 participants as of 2022. It is sponsored by CANNON MEMORIAL HOSPITAL D/B/A ANMED HEALTH CANNON in South Carolina. The plan reported a net loss of $1M for the year.

Total Assets (2023)
$9M
Participants
213
Industry
Healthcare & Social Assistance

What the Filing Says About CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT

CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT is a Profit Sharing retirement plan sponsored by CANNON MEMORIAL HOSPITAL D/B/A ANMED HEALTH CANNON, headquartered in South Carolina. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 213 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 570342027, and the plan has been effective since 1985-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2022 to $9M at year-end — a decline of 13.1%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-1,379,835 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 1 prior plan-year filing 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)$11M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-1,379,835
Plan TypeProfit Sharing
Employer EIN570342027
Plan Effective Date1985-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (CANNON MEMORIAL HOSPITAL D/B/A ANMED HEALTH CANNON)

Year Plans Participants Total Assets
2022 2 427 $11M
2023 2 387 N/A

Nearby Profit Sharing Plans in South Carolina

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Frequently Asked Questions

How much money is in the CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT?
As of the 2022 Form 5500 filing, CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT holds $9M in total assets with 213 participants. It is sponsored by CANNON MEMORIAL HOSPITAL D/B/A ANMED HEALTH CANNON.
What type of plan is CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT?
CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT is a Profit Sharing plan. It has been effective since 1985-02-01. The plan is filed with the U.S. Department of Labor under EIN 570342027.
Who sponsors the CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT?
CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT is sponsored by CANNON MEMORIAL HOSPITAL D/B/A ANMED HEALTH CANNON, located in South Carolina. The sponsor's EIN is 570342027 and the plan operates in the Healthcare & Social Assistance industry.
How did CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT perform in 2022?
CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT declined by 13.1% during 2022, moving from $11M to $9M in total assets. Net income was $-1,379,835.
Where can I find official filings for CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT?
Official Form 5500 filings for CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 570342027 or plan name at efast.dol.gov.
How does CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT compare to other plans?
You can compare CANNON MEMORIAL HOSPITAL EMPLOYEES RETIREMENT PLAN AGREEMENT against other Profit Sharing plans on the plan type page, or view plans in South Carolina 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 570342027.

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 official public datasets. See our methodology for details.