Other · DOL Form 5500 · 2023

Belmont Abbey College, Inc. Retirement Plan

Data updated 2026-08-11

$31M
Total assets
278
Participants
80th
Percentile by assets
$111,091
Avg per participant
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Official DOL plan name: Belmont Abbey College Retirement Plan · Sponsored by Belmont Abbey College, Inc. · North Carolina · Educational Services

$31M in assets, 278 participants

Belmont Abbey College, Inc.'s Belmont Abbey College Retirement Plan reported $31M in total assets and 278 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • 80th percentile by assets (of 127,072 plans)
  • #2,423 in Educational Services (3,735 peers)

Coverage in North Carolina

Belmont Abbey College Retirement Plan covers 278 participants in North Carolina, about 34% of the average North Carolina filer (state average ~819 per filing). Assets: $31M.

$31M
total plan assets (2023 EOY)
278
covered participants
80th
percentile by assets (of 127,072 plans)
$111,091
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Belmont Abbey College Retirement Plan reported net income rose from -$5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Belmont Abbey College Retirement Plan end-of-year assets rose from $27M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Belmont Abbey College Retirement Plan reported participants rose from 267 in the plan year 2022 filing to 278 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Belmont Abbey College Retirement Plan reports 278 participants - about 34% of that state average ($31M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$31M
Net Income$4M
Employer EIN560547498
Plan Effective Date1989-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Belmont Abbey College, Inc.)

$25M$30M$35M$40M 202220232024 $26.5M $34.9M ▲ +31.4%
Total plan assets by year, all Belmont Abbey College, Inc. plans on file
Year Plans Participants Total Assets
2022 1 267 $27M
2023 1 278 $31M
2024 1 270 $35M

Nearby Other Plans in North Carolina

Peer Other plans, same state, same plan type, ranked by total assets.

Belmont Abbey College Retirement Plan vs. nearby Other plans in North Carolina, assets vs. participants

Belmont Abbey College Retirement Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246810 Total assets ($B) Participants Belmont Abbey Colleg…The Duke University …Wake Forest Baptist …The Moses H. Cone Me…Wake Forest Universi…Caromont Health, Inc…
Belmont Abbey College Retirement Plan vs. nearby Other plans in North Carolina, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Belmont Abbey College Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Belmont Abbey College Retirement Plan assets move in 2023?
Belmont Abbey College Retirement Plan grew sharply - up 16.4% during 2023, from $27M to $31M. Reported net income was $4M.
How have Belmont Abbey College, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Belmont Abbey College, Inc.'s sponsor-wide assets grew 31.4%, from $27M to $35M.
Where does Belmont Abbey College Retirement Plan rank by assets among Form 5500 filers?
Belmont Abbey College Retirement Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Belmont Abbey College Retirement Plan?
Among Other plans in other states, the closest by assets is Blumont, Inc. 403(b) DC Plan in VA ($31M, 70 participants).

Next read for Belmont Abbey College Retirement Plan

Filing takeaways

Ways to act on Belmont Abbey College Retirement Plan's numbers.