401(k) · DOL Form 5500 · 2023

Avance Health Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
615
Participants Below avg headcount
69th
Percentile by assets National rank
$26,531
Avg per participant Low balance/head
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Official DOL plan name: Avance 401(k) Plan · Sponsored by Avance Health Systems, Inc. · North Carolina · Healthcare & Social Assistance

$16M in assets, 615 participants

Avance Health Systems, Inc.'s Avance 401(k) Plan reported $16M in total assets and 615 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #13,042 in Healthcare & Social Assistance (17,684 peers)

Avance Health Systems, Inc. multi-year trail

Avance Health Systems, Inc.'s plans moved +81.3% in assets from 2022 to 2024; this filing shows Avance 401(k) Plan at $16M / 615 participants.

#13,042
in Healthcare & Social Assistance (17,684 peers)
+31.9%
assets growth YoY

Avance 401(k) Plan's outsized position by total assets

Avance 401(k) Plan vs every filed plan by assets

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

$16,316,353 Top 31% higher than 69% 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

Avance 401(k) 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. Avance 401(k) Plan sits mid-pack in the medium band (615 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Avance 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Avance 401(k) Plan reported participants rose from 415 in the plan year 2022 filing to 615 in the plan year 2023 filing.
  • Avance 401(k) Plan end-of-year assets rose from $12M in the plan year 2022 filing to $16M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 830473378 · Avance Health Systems, Inc. PY 2023 · 401(k)

Avance 401(k) Plan · $16M · 615 · 69th

  • EBSA $16M
  • EBSA 615
  • EBSA 69th
  • EBSA 401(k)
  • EBSA near Retirement Plan for Employees of Exceptional Persons, Inc.
  • EBSA ind #13042

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 →

Avance 401(k) Plan in the asset neighbourhood

Avance 401(k) Plan$16MRetirement Plan for Employees of Exceptional Persons, Inc.Retirement Plan for Employee…$16MEsi Inc. of Tennessee 401(k) Profit Sharing PlanEsi Inc. of Tennessee 401(k)…$16MInterstate Truck Center, LLC 401(k) Profit Sharing PlanInterstate Truck Center, LLC…$16MProject Resources Group, Inc. Profit Sharing PlanProject Resources Group, Inc…$16M
End-of-year total assets ($M) among Avance 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Avance Health Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Avance Health Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 81.27345895216897% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12.4M $22.4M ▲ +81.2%
Year Plans Participants Total Assets
2022 1 415 $12M
2023 1 615 $16M
2024 1 719 $22M

Avance Health Systems, Inc. filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$16M
Net Income$4M
Employer EIN830473378
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Avance 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Avance 401(k) Plan, Total assets ($B): 0.016316353 · Participants: 615Avance 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Avance 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Avance 401(k) Plan side-by-side with 3 peers →

Avance 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Retirement Plan for Employees of Exceptional Persons, Inc. in IA ($16M); by covered participants it is Rag & Bone Industries, LLC 401(k) Plan in NY (615 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (615 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 Avance 401(k) Plan assets move in 2023? ▼
Avance 401(k) Plan surged - up 31.9% during 2023, from $12M to $16M. Reported net income was $4M.
How have Avance Health Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Avance Health Systems, Inc.'s sponsor-wide assets grew 81.3%, from $12M to $22M.
Which 401(k) plans are similar in size to Avance 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Retirement Plan for Employees of Exceptional Persons, Inc. in IA ($16M, 224 participants).
Which 401(k) plans cover a similar participant headcount to Avance 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rag & Bone Industries, LLC 401(k) Plan in NY (615 participants, $12M 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 830473378.

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.