401(k)
2023 plan-year 401(k) DOL Form 5500

Carolina Therapy Services Inc. 401(k) Plan

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

Sponsored by Carolina Therapy Services Inc. · North Carolina · Healthcare & Social Assistance

What the 2023 filing shows

Carolina Therapy Services Inc. 401(k) Plan holds $9M for 243 participants — about $35,350 per participant, up 25.2% over the 2023 plan year.

$9M
total plan assets (2023 EOY)
243
covered participants
$35,350
avg assets per participant
+25.2%
assets growth YoY
Total Assets (2023)
$9M
Participants
243
Industry
Healthcare & Social Assistance

What the Filing Says About Carolina Therapy Services Inc. 401(k) Plan

Carolina Therapy Services Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Carolina Therapy Services Inc., headquartered in North Carolina. As of the 2023 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 243 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 562145102, and the plan has been effective since 1999-05-18. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2023 to $9M at year-end — a gain of 25.2%. Net assets (after liabilities) closed the year at $9M, with reported net income of $2M 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)$7M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$2M
Plan Type401(k)
Employer EIN562145102
Plan Effective Date1999-05-18
Filing StatusFILING RECEIVED

Sponsor Plan History (Carolina Therapy Services Inc.)

Year Plans Participants Total Assets
2022 1 232 $7M
2023 1 243 $9M
2024 1 267 $10M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Carolina Therapy Services Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Carolina Therapy Services Inc. 401(k) Plan holds $9M in total assets with 243 participants. It is sponsored by Carolina Therapy Services Inc..
What type of plan is Carolina Therapy Services Inc. 401(k) Plan?
Carolina Therapy Services Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1999-05-18. The plan is filed with the U.S. Department of Labor under EIN 562145102.
Who sponsors the Carolina Therapy Services Inc. 401(k) Plan?
Carolina Therapy Services Inc. 401(k) Plan is sponsored by Carolina Therapy Services Inc., located in North Carolina. The sponsor's EIN is 562145102 and the plan operates in the Healthcare & Social Assistance industry.
How did Carolina Therapy Services Inc. 401(k) Plan perform in 2023?
Carolina Therapy Services Inc. 401(k) Plan grew by 25.2% during 2023, moving from $7M to $9M in total assets. Net income was $2M.
Where can I find official filings for Carolina Therapy Services Inc. 401(k) Plan?
Official Form 5500 filings for Carolina Therapy Services Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 562145102 or plan name at efast.dol.gov.
How does Carolina Therapy Services Inc. 401(k) Plan compare to other plans?
You can compare Carolina Therapy Services Inc. 401(k) Plan against other 401(k) 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 562145102.

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.