Other · DOL Form 5500 · 2023

Carolina Friends School Retirement Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
121
Participants Small participant base
74th
Percentile by assets National rank
$176,157
Avg per participant Above avg balance/head
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Official DOL plan name: Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan · Sponsored by Carolina Friends School · North Carolina · Educational Services

$21M in assets, 121 participants

Carolina Friends School's Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan reported $21M in total assets and 121 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #2,124 in Educational Services (3,735 peers)

Coverage in North Carolina

Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan covers 121 participants in North Carolina, about 15% of the average North Carolina filer (state average ~819 per filing). Assets: $21M.

#2,124
in Educational Services (3,735 peers)
+11.0%
assets growth YoY

Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan's outsized position by total assets

Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan vs every filed plan by assets

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

$21,315,049 Top 26% higher than 74% 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

Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement 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. Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan sits mid-pack in the medium band (121 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan reported participants rose from 106 in the plan year 2022 filing to 121 in the plan year 2023 filing.
  • Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan end-of-year assets rose from $19M in the plan year 2022 filing to $21M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 560812560 · Carolina Friends School PY 2023 · Other

Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan · $21M · 121 · 74th

  • EBSA $21M
  • EBSA 121
  • EBSA 74th
  • EBSA Other
  • EBSA near Wellington School DC Retirement Plan
  • EBSA ind #2124

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 →

Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan in the asset neighbourhood

The Harbor Day School Defined Contribution Retirement PlanThe Harbor Day School Define…$21M403(b) Thrift Plan of Yeshiva of North Jersey403(b) Thrift Plan of Yeshiv…$21MCarolina Friends School Defined Contribution and Tax Deferred Annuity Retirement PlanCarolina Friends School Defi…$21MWellington School DC Retirement PlanWellington School DC Retirem…$21MThe United Methodist Homes of New Jersey 403(b) Savings and RetirementThe United Methodist Homes o…$21M
End-of-year total assets ($M) among Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN560812560
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carolina Friends School)

Sponsor-wide plan assets over time

All Carolina Friends School plans reported in each filing year

Latest sponsor-wide plan assets
$24M 24.192055463207293% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $19.2M $23.8M ▲ +24.2%
Year Plans Participants Total Assets
2022 1 106 $19M
2023 1 121 $21M
2024 1 135 $24M

Nearby Other Plans in North Carolina

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

Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246810 Total assets ($B) Participants Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan, Total assets ($B): 0.021315049 · Participants: 121Carolina Friends School Defined Contribution and Tax Deferred Annuity 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 ($B): 1.459711813 · Participants: 13606The Moses H. Cone Memorial Hospital Voluntary Savings PlanWake Forest University Retirement Plan, Total assets ($B): 0.797846895 · Participants: 3092Wake Forest University Retirement PlanCaromont Health, Inc. Retirement Savings Plan, Total assets ($B): 0.444128487 · Participants: 4458Caromont Health, Inc. Retirement Savings Plan
Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan vs. nearby Other plans in North Carolina, assets vs. participants

Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan's out-of-state Other peers by assets and headcount

Outside North Carolina, the nearest Other by assets is Wellington School DC Retirement Plan in OH ($21M); by covered participants it is Canterbury School, Inc. 403(b) Retirement Plan in FL (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 participants); asset peers above are excluded.

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 Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan assets move in 2023?
Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan grew at a solid clip - up 11.0% during 2023, from $19M to $21M. Reported net income was $2M.
How have Carolina Friends School plan assets changed over time?
Across 3 plan years on file (2022-2024), Carolina Friends School's sponsor-wide assets grew 24.2%, from $19M to $24M.
Which Other plans are similar in size to Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan?
Among Other plans in other states, the closest by assets is Wellington School DC Retirement Plan in OH ($21M, 131 participants).
Which Other plans cover a similar participant headcount to Carolina Friends School Defined Contribution and Tax Deferred Annuity Retirement Plan?
Among Other plans in other states, the closest by covered participants is Canterbury School, Inc. 403(b) Retirement Plan in FL (121 participants, $18M in assets).