Other · DOL Form 5500 · 2023

Wake Forest University Retirement Plan

Data updated 2026-08-25

$798M
Total assets Above avg plan size
3,092
Participants Above avg headcount
98th
Percentile by assets National rank
$258,036
Avg per participant Above avg balance/head
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Official DOL plan name: Wake Forest University Retirement Plan · Sponsored by Wake Forest University · North Carolina · Educational Services

$798M in assets, 3,092 participants

Wake Forest University's Wake Forest University Retirement Plan reported $798M in total assets and 3,092 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #3,644 in Educational Services (3,735 peers)

Coverage in North Carolina

Wake Forest University Retirement Plan covers 3,092 participants in North Carolina, 3.8x the typical North Carolina plan (state average ~819 per filing). Assets: $798M.

#3,644
in Educational Services (3,735 peers)
+16.2%
assets growth YoY
8.0×
vs typical plan assets (national mean)

Wake Forest University Retirement Plan's outsized position by total assets

Wake Forest University Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$797,846,895 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Wake Forest University Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wake Forest University Retirement Plan lands in the large band (3,092 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wake Forest University Retirement Plan reported net income rose from -$100M in the plan year 2022 filing to $111M in the plan year 2023 filing.
  • Wake Forest University Retirement Plan reported participants rose from 2,632 in the plan year 2022 filing to 3,092 in the plan year 2023 filing.
  • Wake Forest University Retirement Plan end-of-year assets rose from $687M in the plan year 2022 filing to $798M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 560532138 · Wake Forest University PY 2023 · Other

Wake Forest University Retirement Plan · $798M · 3,092 · 98th

  • PHOTO $798M
  • IND 3,092
  • EOY 98th
  • 5500 Other
  • ASSETS near The Cooper Health System 403(b) Plan
  • PCT ind #3644

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in North Carolina →

Wake Forest University Retirement Plan in the asset neighbourhood

Nebraska Medicine Retirement Plan - Base and Matching ContributionsNebraska Medicine Retirement…$805MInstitute for Defense Analyses Tax Deferred Annuity PlanInstitute for Defense Analys…$801MBrandeis University Defined Contribution Plan for Faculty, Professional, and Administrative EmployeesBrandeis University Defined …$799MThe Cooper Health System 403(b) PlanThe Cooper Health System 403…$799MWake Forest University Retirement PlanWake Forest University Retir…$798M
End-of-year total assets ($M) among Wake Forest University Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$687M
Net Assets (End of Year)$798M
Net Income$111M
Employer EIN560532138
Plan Effective Date1938-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wake Forest University)

Sponsor-wide plan assets over time

All Wake Forest University plans reported in each filing year

Latest sponsor-wide plan assets
$889M 29.544824534450843% vs 2022
2024 filing year
$600M$700M$800M$900M$1,000M 202220232024 $687M $889M ▲ +29.5%
Year Plans Participants Total Assets
2022 1 2,632 $687M
2023 1 3,092 $798M
2024 1 3,215 $889M

Nearby Other Plans in North Carolina

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

Wake Forest University Retirement Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -20246810 Total assets ($B) Participants Wake Forest University Retirement Plan, Total assets ($B): 0.797846895 · Participants: 3092Wake Forest University Retirement PlanThe Duke University Faculty and Staff Retirement Plan, Total assets ($B): 8.950907627 · Participants: 44809The Duke University Faculty and Staff Retirement PlanWake Forest Baptist Medical Center 403(b) Retirement Savings Plan, Total assets ($B): 3.192820786 · Participants: 18961Wake Forest Baptist Medical Center 403(b) Retirement Savings PlanThe Moses H. Cone Memorial Hospital Voluntary Savings Plan, Total assets ($B): 1.459711813 · Participants: 13606The Moses H. Cone Memorial Hospital Voluntary Savings PlanCaromont Health, Inc. Retirement Savings Plan, Total assets ($B): 0.444128487 · Participants: 4458Caromont Health, Inc. Retirement Savings PlanFirsthealth of the Carolinas, Inc. Matching Savings Plan, Total assets ($B): 0.38903876 · Participants: 5520Firsthealth of the Carolinas, Inc. Matching Savings Plan
Wake Forest University Retirement Plan vs. nearby Other plans in North Carolina, assets vs. participants

Wake Forest University Retirement Plan's out-of-state Other peers by assets and headcount

Outside North Carolina, the nearest Other by assets is The Cooper Health System 403(b) Plan in NJ ($799M); by covered participants it is Argonne National Laboratory 401(a) Retirement Plan in IL (3,096 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Wake Forest University Retirement Plan assets move in 2023?
Wake Forest University Retirement Plan grew sharply - up 16.2% during 2023, from $687M to $798M. Reported net income was $111M.
How have Wake Forest University plan assets changed over time?
Across 3 plan years on file (2022-2024), Wake Forest University's sponsor-wide assets grew 29.5%, from $687M to $889M.
Where does Wake Forest University Retirement Plan rank by assets among Form 5500 filers?
Wake Forest University Retirement Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Wake Forest University Retirement Plan?
Among Other plans in other states, the closest by assets is The Cooper Health System 403(b) Plan in NJ ($799M, 9,570 participants).
Which Other plans cover a similar participant headcount to Wake Forest University Retirement Plan?
Among Other plans in other states, the closest by covered participants is Argonne National Laboratory 401(a) Retirement Plan in IL (3,096 participants, $942M in assets).