Other · DOL Form 5500 · 2023

Galloway Ridge, Inc. Retirement Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets: 216
Participants Below avg headcount: 38th
Percentile by assets National rank: $16,267
Avg per participant Low balance/head

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Official DOL plan name: Galloway Ridge 403(b) Plan · Sponsored by Galloway Ridge, Inc. · North Carolina · Other Services

$4M in assets, 216 participants

Galloway Ridge, Inc.'s Galloway Ridge 403(b) Plan reported $4M in total assets and 216 participants in its 2023 DOL Form 5500 filing, ranking in the 38th 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.

#4,823 in Other Services (7,857 peers)

Coverage in North Carolina

Galloway Ridge 403(b) Plan covers 216 participants in North Carolina, about 26% of the average North Carolina filer (state average ~819 per filing). Assets: $4M.

#4,823
in Other Services (7,857 peers): +8.2%
assets growth YoY

Galloway Ridge 403(b) Plan's mid-pack asset rank among Other Services and all filers

Galloway Ridge 403(b) Plan vs every filed plan by assets

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

$3,513,693 38th percentile higher than 38% of 127,068 filed plans

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

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

Galloway Ridge 403(b) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Galloway Ridge 403(b) Plan sits mid-pack in the medium band (216 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Galloway Ridge 403(b) Plan reported net income rose from -$344K in the plan year 2022 filing to $267K in the plan year 2023 filing.
Galloway Ridge 403(b) Plan reported participants rose from 97 in the plan year 2022 filing to 216 in the plan year 2023 filing.
Galloway Ridge 403(b) Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 562277623 · Galloway Ridge, Inc. PY 2023 · Other

Galloway Ridge 403(b) Plan · $4M · 216 · 38th

EBSA $4M
PART 216
TYPE 38th
NET Other
BOOK near Vodec 403(b)
VS-ST ind #4823

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 Other Services retirement plans → · Plans in North Carolina →

End-of-year total assets ($M) among Galloway Ridge 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)	$3M
Net Assets (End of Year)	$4M
Net Income	$267K
Employer EIN	562277623
Plan Effective Date	2006-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Galloway Ridge, Inc.)

Latest sponsor-wide plan assets: $4M 24.127755501764632% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	97	$3M
2023	1	216	$4M
2024	1	314	$4M

Nearby Other Plans in North Carolina

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

Galloway Ridge 403(b) Plan vs. nearby Other plans in North Carolina, assets vs. participants

The Duke University Faculty and Staff Retirement Plan $9.0B · 44,809
Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan $3.2B · 18,961
The Moses H. Cone Memorial Hospital Voluntary Savings Plan $1.5B · 13,606
Wake Forest University Retirement Plan $798M · 3,092
Caromont Health, Inc. Retirement Savings Plan $444M · 4,458

Compare Galloway Ridge 403(b) Plan side-by-side with 3 peers →

Galloway Ridge 403(b) Plan's out-of-state Other peers by assets and headcount

Outside North Carolina, the nearest Other by assets is Vodec 403(b) in IA ($4M); by covered participants it is Ezra Medical Center 403(b) Retirement Plan in NY (216 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Vodec 403(b) (IA) $4M · 313
Sarah Seneca Residential Services, Inc 401(k) Profit Sharing Plan (CT) $4M · 154
Presbyterian Hospitality House, Inc. (AK) $4M · 31
403(b) Thrift Plan of T. E. R. I., Inc. (CA) $4M · 564

Similar participant headcount

Nearest other-state filings by covered participants (216 participants); asset peers above are excluded.

Ezra Medical Center 403(b) Retirement Plan (NY) 216 · 0 off
403(b) Thrift Plan of the Children's Center of Wayne County, Inc. (MI) 216 · 0 off
The Rochester School of the Holy Childhood, Inc. 4 (NY) 216 · 0 off
Neighborhood Family Practice 403(b) Plan (OH) 216 · 0 off

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 Galloway Ridge 403(b) Plan assets move in 2023? ▼

Galloway Ridge 403(b) Plan grew at a solid clip - up 8.2% during 2023, from $3M to $4M. Reported net income was $267K.

How have Galloway Ridge, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Galloway Ridge, Inc.'s sponsor-wide assets grew 24.1%, from $3M to $4M.

Which Other plans are similar in size to Galloway Ridge 403(b) Plan? ▼

Among Other plans in other states, the closest by assets is Vodec 403(b) in IA ($4M, 313 participants).

Which Other plans cover a similar participant headcount to Galloway Ridge 403(b) Plan? ▼

Among Other plans in other states, the closest by covered participants is Ezra Medical Center 403(b) Retirement Plan in NY (216 participants, $4M in assets).

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 562277623.