Profit Sharing · DOL Form 5500 · 2023
Firsthealth of the Carolinas, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $108M
- Total assets
- 5,519
- Participants
- 92nd
- Percentile by assets
- $19,631
- Avg per participant
Official DOL plan name: Firsthealth of the Carolinas, Inc. Retirement Growth Plan · Sponsored by Firsthealth of the Carolinas, Inc. · North Carolina · Healthcare & Social Assistance
$108M in assets, 5,519 participants
Firsthealth of the Carolinas, Inc.'s Firsthealth of the Carolinas, Inc. Retirement Growth Plan reported $108M in total assets and 5,519 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 127,072 plans)
- #16,420 in Healthcare & Social Assistance (17,684 peers)
Coverage in North Carolina
Firsthealth of the Carolinas, Inc. Retirement Growth Plan covers 5,519 participants in North Carolina, 6.7x the typical North Carolina plan (state average ~819 per filing). Assets: $108M.
- $108M
- total plan assets (2023 EOY)
- 5,519
- covered participants
- 92nd
- percentile by assets (of 127,072 plans)
- $19,631
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Firsthealth of the Carolinas, Inc. Retirement Growth Plan reported net income rose from -$19M in the plan year 2022 filing to $14M in the plan year 2023 filing.
- Firsthealth of the Carolinas, Inc. Retirement Growth Plan end-of-year assets rose from $95M in the plan year 2022 filing to $108M in the plan year 2023 filing.
- Firsthealth of the Carolinas, Inc. Retirement Growth Plan reported participants rose from 5,217 in the plan year 2022 filing to 5,519 in the plan year 2023 filing.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Firsthealth of the Carolinas, Inc. Retirement Growth Plan reports 5,519 participants - 6.7x that state average ($108M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $95M |
|---|---|
| Net Assets (End of Year) | $108M |
| Net Income | $14M |
| Employer EIN | 561936354 |
| Plan Effective Date | 1992-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Firsthealth of the Carolinas, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 10,478 | $424M |
| 2023 | 3 | 11,077 | $497M |
| 2024 | 2 | 11,866 | $572M |
Nearby Profit Sharing Plans in North Carolina
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Firsthealth of the Carolinas, Inc. Retirement Growth Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants
- Tax Deferred Savings Plan of Novant Health, Inc. $2.2B · 36,057
- Charter Communications, Inc. Retirement Accumulation Plan $1.3B · 96,058
- Baker & Taylor Retirement Savings Plan $67M · 1,361
- Intermec Fssp Spinoff Plan $51M · 74
- Whap PA Profit Sharing Plan $45M · N/A
Scale composition for Firsthealth of the Carolinas, Inc. Retirement Growth Plan
Firsthealth of the Carolinas, Inc. Retirement Growth Plan reports $108M in end-of-year assets across 5,519 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $19,631 per participant (14% of the national average assets-per-participant) . Net income for plan year 2023 was $14M.
This plan identity (EIN 561936354, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $95M to $121M (+27.8%) while covered participants moved from 5,217 to 5,933 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,217 | $95M | Open filing |
| 2023 | 5,519 | $108M | This page |
| 2024 · index core | 5,933 | $121M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Firsthealth of the Carolinas, Inc. Matching Savings Plan (Other, $451M, 5,933 participants)
- Firsthealth of the Carolinas, Inc. Retirement Growth Plan (Profit Sharing, $121M, 5,933 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Firsthealth of the Carolinas, Inc. Retirement Growth Plan by total assets, not by location.
- Hawaii Sheet Metal Workers Annuity Profit Sharing (HI) $108M · 514
- Byer California Retirement Savings Plan (CA) $108M · 207
- Texas Biomedical Research Institute Retirement Plan (TX) $108M · 403
- Freeman Retirement Plan (MO) $108M · 4,401
Frequently Asked Questions
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Filing takeaways
Ways to act on Firsthealth of the Carolinas, Inc. Retirement Growth Plan's numbers.
- By total assets, Firsthealth of the Carolinas, Inc. Retirement Growth Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in North Carolina. Compare plans
- Firsthealth of the Carolinas, Inc.'s sponsor-wide assets have grown 34.9% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans