401(k) · DOL Form 5500 · 2023

Affordable Care, LLC 401(k) Plan

Data updated 2026-08-11

$214M
Total assets
2,393
Participants
95th
Percentile by assets
$89,228
Avg per participant
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Official DOL plan name: Affordable Care, LLC Multiple Employer 401(k) Plan · Sponsored by Affordable Care, LLC · North Carolina · Healthcare & Social Assistance

$214M in assets, 2,393 participants

Affordable Care, LLC's Affordable Care, LLC Multiple Employer 401(k) Plan reported $214M in total assets and 2,393 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #16,899 in Healthcare & Social Assistance (17,684 peers)

Coverage in North Carolina

Affordable Care, LLC Multiple Employer 401(k) Plan covers 2,393 participants in North Carolina, 2.9x the typical North Carolina plan (state average ~819 per filing). Assets: $214M.

$214M
total plan assets (2023 EOY)
2,393
covered participants
95th
percentile by assets (of 127,072 plans)
$89,228
avg assets per participant

Where Affordable Care, LLC Multiple Employer 401(k) Plan sits by total assets

Affordable Care, LLC Multiple Employer 401(k) Plan vs every filed plan by assets

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

$213,522,648 Top 5% higher than 95% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Affordable Care, LLC Multiple Employer 401(k) Plan reported net income rose from -$38M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Affordable Care, LLC Multiple Employer 401(k) Plan end-of-year assets rose from $179M in the plan year 2022 filing to $214M in the plan year 2023 filing.
  • Affordable Care, LLC Multiple Employer 401(k) Plan reported participants fell from 2,575 in the plan year 2022 filing to 2,393 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
North Carolina
Industry
Healthcare & Social Assistance

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Affordable Care, LLC Multiple Employer 401(k) Plan reports 2,393 participants - 2.9x that state average ($214M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$179M
Net Assets (End of Year)$214M
Net Income$34M
Employer EIN561505559
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Affordable Care, LLC)

$160M$180M$200M$220M$240M$260M 202220232024 $179M $235M ▲ +31.2%
Total plan assets by year, all Affordable Care, LLC plans on file
Year Plans Participants Total Assets
2022 1 2,575 $179M
2023 1 2,393 $214M
2024 1 2,354 $235M

Nearby 401(k) Plans in North Carolina

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

Affordable Care, LLC Multiple Employer 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Affordable Care, LLC Multiple Employer 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Affordable Care, LLC…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Nucor Corporation Pr…
Affordable Care, LLC Multiple Employer 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Affordable Care, LLC Multiple Employer 4… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Affordable Care, LLC Multiple Employer 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Affordable Care, LLC Multiple Employer 401(k) Plan assets move in 2023? ▼
Affordable Care, LLC Multiple Employer 401(k) Plan grew sharply - up 19.0% during 2023, from $179M to $214M. Reported net income was $34M.
How have Affordable Care, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Affordable Care, LLC's sponsor-wide assets grew 31.2%, from $179M to $235M.
Where does Affordable Care, LLC Multiple Employer 401(k) Plan rank by assets among Form 5500 filers? ▼
Affordable Care, LLC Multiple Employer 401(k) Plan ranks in the 95th 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 401(k) plans are similar in size to Affordable Care, LLC Multiple Employer 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Summit Racing Equipment Retirement Plan in OH ($214M, 1,886 participants).

Next read for Affordable Care, LLC Multiple Employer 4…

Filing takeaways

Ways to act on Affordable Care, LLC Multiple Employer 401(k) Plan's numbers.

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 561505559.

Read our methodology - how this data is sourced, computed, and verified.

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