Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Western Carolina Community Action, Inc. 403(b) Plan

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

Sponsored by Western Carolina Community Action, Inc. · North Carolina · Healthcare & Social Assistance

What the 2023 filing shows

Western Carolina Community Action, Inc. 403(b) Plan holds $7M for 168 participants — about $43,726 per participant, up 21.5% over the 2023 plan year.

$7M
total plan assets (2023 EOY)
168
covered participants
$43,726
avg assets per participant
+21.5%
assets growth YoY
Total Assets (2023)
$7M
Participants
168
Industry
Healthcare & Social Assistance

What the Filing Says About Western Carolina Community Action, Inc. 403(b) Plan

Western Carolina Community Action, Inc. 403(b) Plan is a Profit Sharing retirement plan sponsored by Western Carolina Community Action, Inc., headquartered in North Carolina. As of the 2023 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 168 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 560846319, and the plan has been effective since 2003-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2023 to $7M at year-end — a gain of 21.5%. Net assets (after liabilities) closed the year at $7M, with reported net income of $1M 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)$6M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$1M
Plan TypeProfit Sharing
Employer EIN560846319
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Western Carolina Community Action, Inc.)

Year Plans Participants Total Assets
2022 1 173 $6M
2023 1 168 $7M
2024 1 205 $9M

Nearby Profit Sharing Plans in North Carolina

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Western Carolina Community Action, Inc. 403(b) Plan?
As of the 2023 Form 5500 filing, Western Carolina Community Action, Inc. 403(b) Plan holds $7M in total assets with 168 participants. It is sponsored by Western Carolina Community Action, Inc..
What type of plan is Western Carolina Community Action, Inc. 403(b) Plan?
Western Carolina Community Action, Inc. 403(b) Plan is a Profit Sharing plan. It has been effective since 2003-01-01. The plan is filed with the U.S. Department of Labor under EIN 560846319.
Who sponsors the Western Carolina Community Action, Inc. 403(b) Plan?
Western Carolina Community Action, Inc. 403(b) Plan is sponsored by Western Carolina Community Action, Inc., located in North Carolina. The sponsor's EIN is 560846319 and the plan operates in the Healthcare & Social Assistance industry.
How did Western Carolina Community Action, Inc. 403(b) Plan perform in 2023?
Western Carolina Community Action, Inc. 403(b) Plan grew by 21.5% during 2023, moving from $6M to $7M in total assets. Net income was $1M.
Where can I find official filings for Western Carolina Community Action, Inc. 403(b) Plan?
Official Form 5500 filings for Western Carolina Community Action, Inc. 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 560846319 or plan name at efast.dol.gov.
How does Western Carolina Community Action, Inc. 403(b) Plan compare to other plans?
You can compare Western Carolina Community Action, Inc. 403(b) Plan against other Profit Sharing 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 560846319.

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.