Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Piedmont Health Services, Inc Retirement Plan

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

Sponsored by Piedmont Health Services, Inc · North Carolina · Healthcare & Social Assistance

What the 2023 filing shows

Piedmont Health Services, Inc Retirement Plan holds $39M for 595 participants — about $66,294 per participant, up 19.4% over the 2023 plan year.

$39M
total plan assets (2023 EOY)
595
covered participants
$66,294
avg assets per participant
+19.4%
assets growth YoY
Total Assets (2023)
$39M
Participants
595
Industry
Healthcare & Social Assistance

What the Filing Says About Piedmont Health Services, Inc Retirement Plan

Piedmont Health Services, Inc Retirement Plan is a Profit Sharing retirement plan sponsored by Piedmont Health Services, Inc, headquartered in North Carolina. As of the 2023 Form 5500 filing, the plan reports $39M in total end-of-year assets and covers 595 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 560952737, and the plan has been effective since 1974-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $33M at the beginning of 2023 to $39M at year-end — a gain of 19.4%. Net assets (after liabilities) closed the year at $39M, with reported net income of $6M 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 2 prior plan-year filings 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)$33M
Total Assets (End of Year)$39M
Net Assets (End of Year)$39M
Net Income$6M
Plan TypeProfit Sharing
Employer EIN560952737
Plan Effective Date1974-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Piedmont Health Services, Inc)

Year Plans Participants Total Assets
2022 1 591 $33M
2023 1 595 $39M
2024 1 589 $43M

Nearby Profit Sharing Plans in North Carolina

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Piedmont Health Services, Inc Retirement Plan?
As of the 2023 Form 5500 filing, Piedmont Health Services, Inc Retirement Plan holds $39M in total assets with 595 participants. It is sponsored by Piedmont Health Services, Inc.
What type of plan is Piedmont Health Services, Inc Retirement Plan?
Piedmont Health Services, Inc Retirement Plan is a Profit Sharing plan. It has been effective since 1974-10-01. The plan is filed with the U.S. Department of Labor under EIN 560952737.
Who sponsors the Piedmont Health Services, Inc Retirement Plan?
Piedmont Health Services, Inc Retirement Plan is sponsored by Piedmont Health Services, Inc, located in North Carolina. The sponsor's EIN is 560952737 and the plan operates in the Healthcare & Social Assistance industry.
How did Piedmont Health Services, Inc Retirement Plan perform in 2023?
Piedmont Health Services, Inc Retirement Plan grew by 19.4% during 2023, moving from $33M to $39M in total assets. Net income was $6M.
Where can I find official filings for Piedmont Health Services, Inc Retirement Plan?
Official Form 5500 filings for Piedmont Health Services, Inc Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 560952737 or plan name at efast.dol.gov.
How does Piedmont Health Services, Inc Retirement Plan compare to other plans?
You can compare Piedmont Health Services, Inc Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in North 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 560952737.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.