Other · DOL Form 5500 · 2023

Choanoke Area Development Association of North Carolina, Inc. Retirement Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
127
Participants Small participant base
40th
Percentile by assets National rank
$31,473
Avg per participant Low balance/head
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Official DOL plan name: Choanoke Area Development Association 403(b) Plan · Sponsored by Choanoke Area Development Association of North Carolina, Inc. · North Carolina · Healthcare & Social Assistance

$4M in assets, 127 participants

Choanoke Area Development Association of North Carolina, Inc.'s Choanoke Area Development Association 403(b) Plan reported $4M in total assets and 127 participants in its 2023 DOL Form 5500 filing, ranking in the 40th 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.

  • #7,580 in Healthcare & Social Assistance (17,684 peers)

Coverage in North Carolina

Choanoke Area Development Association 403(b) Plan covers 127 participants in North Carolina, about 16% of the average North Carolina filer (state average ~819 per filing). Assets: $4M.

#7,580
in Healthcare & Social Assistance (17,684 peers)
+4.7%
assets growth YoY

Choanoke Area Development Association 403(b) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Choanoke Area Development Association 403(b) Plan vs every filed plan by assets

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

$3,997,123 40th percentile higher than 40% 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

Choanoke Area Development Association 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. Choanoke Area Development Association 403(b) Plan sits mid-pack in the medium band (127 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Choanoke Area Development Association 403(b) Plan reported net income rose from $30K in the plan year 2022 filing to $179K in the plan year 2023 filing.
  • Choanoke Area Development Association 403(b) Plan end-of-year assets rose from $4M 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 560841757 · Choanoke Area Development Association of North Carolina, Inc. PY 2023 · Other

Choanoke Area Development Association 403(b) Plan · $4M · 127 · 40th

  • BOY $4M
  • BOY 127
  • BOY 40th
  • BOY Other
  • BOY near 403(b) Thrift Plan of Life Bridges, Inc.
  • BOY ind #7580

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 Healthcare & Social Assistance retirement plans → · Plans in North Carolina →

Choanoke Area Development Association 403(b) Plan in the asset neighbourhood

Choanoke Area Development Association 403(b) PlanChoanoke Area Development As…$4M403(b) Thrift Plan of Life Bridges, Inc.403(b) Thrift Plan of Life B…$4MSafe-Harbor 401(k) Profit Sharing Plan for Employees of G & H Wire Company, Inc.Safe-Harbor 401(k) Profit Sh…$4MMacon Resources Inc Retirement Savings PlanMacon Resources Inc Retireme…$4MNuestra Clinica Del Valle Employees Retirement PlanNuestra Clinica Del Valle Em…$4M
End-of-year total assets ($M) among Choanoke Area Development Association 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$179K
Employer EIN560841757
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Choanoke Area Development Association of North Carolina, Inc.)

Sponsor-wide plan assets over time

All Choanoke Area Development Association of North Carolina, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 7.105818516230035% vs 2022
2024 filing year
$3.7M$3.8M$3.9M$4M$4.1M$4.2M 202220232024 $3.82M $4.09M ▲ +7.1%
Year Plans Participants Total Assets
2022 1 128 $4M
2023 1 127 $4M
2024 1 150 $4M

Nearby Other Plans in North Carolina

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

Choanoke Area Development Association 403(b) Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246810 Total assets ($B) Participants Choanoke Area Development Association 403(b) Plan, Total assets ($B): 0.003997123 · Participants: 127Choanoke Area Development Association 403(b) 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
Choanoke Area Development Association 403(b) Plan vs. nearby Other plans in North Carolina, assets vs. participants
Compare Choanoke Area Development Association 403(b) Plan side-by-side with 3 peers →

Choanoke Area Development Association 403(b) Plan's out-of-state Other peers by assets and headcount

Outside North Carolina, the nearest Other by assets is 403(b) Thrift Plan of Life Bridges, Inc. in TN ($4M); by covered participants it is Tampa Preparatory School Tiaa-Cref Retirement Plan in FL (127 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (127 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 Choanoke Area Development Association 403(b) Plan assets move in 2023? ▼
Choanoke Area Development Association 403(b) Plan edged up modestly - up 4.7% during 2023, from $4M to $4M. Reported net income was $179K.
How have Choanoke Area Development Association of North Carolina, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Choanoke Area Development Association of North Carolina, Inc.'s sponsor-wide assets grew 7.1%, from $4M to $4M.
Which Other plans are similar in size to Choanoke Area Development Association 403(b) Plan? ▼
Among Other plans in other states, the closest by assets is 403(b) Thrift Plan of Life Bridges, Inc. in TN ($4M, 413 participants).
Which Other plans cover a similar participant headcount to Choanoke Area Development Association 403(b) Plan? ▼
Among Other plans in other states, the closest by covered participants is Tampa Preparatory School Tiaa-Cref Retirement Plan in FL (127 participants, $22M 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 560841757.

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.