Defined Benefit (Pension) · DOL Form 5500 · 2023
Caromont Health, Inc. Pension Plan
Data updated 2026-08-25
- $113M
- Total assets Near avg plan size
- 658
- Participants Below avg headcount
- 92nd
- Percentile by assets National rank
- $171,152
- Avg per participant Above avg balance/head
Official DOL plan name: Pension Plan for the Employees of Caromont Health · Sponsored by Caromont Health, Inc. · North Carolina · Healthcare & Social Assistance
$113M in assets, 658 participants
Caromont Health, Inc.'s Pension Plan for the Employees of Caromont Health reported $113M in total assets and 658 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- #16,449 in Healthcare & Social Assistance (17,684 peers)
Where Pension Plan for the Employees of Caromont Health sits by assets
Pension Plan for the Employees of Caromont Health sits in the top 10% of all filed plans by assets, $113M for 658 participants (~$171,152/participant), down 47.0% in 2023.
- #16,449
- in Healthcare & Social Assistance (17,684 peers)
- -47.0%
- assets change YoY
- 1.1×
- vs typical plan assets (national mean)
The plan reported a net loss of $100M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Pension Plan for the Employees of Caromont Health's outsized position by total assets
Pension Plan for the Employees of Caromont Health vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$112,617,758 Top 8% higher than 92% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Pension Plan for the Employees of Caromont Health 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. Pension Plan for the Employees of Caromont Health sits mid-pack in the medium band (658 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Pension Plan for the Employees of Caromont Health reported net income fell from -$40M in the plan year 2022 filing to -$100M in the plan year 2023 filing.
- Pension Plan for the Employees of Caromont Health end-of-year assets fell from $213M in the plan year 2022 filing to $113M in the plan year 2023 filing.
- Pension Plan for the Employees of Caromont Health reported participants fell from 709 in the plan year 2022 filing to 658 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 581636959 · Caromont Health, Inc. PY 2023 · Defined Benefit (Pension)
Pension Plan for the Employees of Caromont Health · $113M · 658 · 92nd
- ASSETS $113M
- ASSETS 658
- ASSETS 92nd
- ASSETS Defined Benefit (Pension)
- ASSETS near Retirement Plan for Employees of Carmeuse Lime, Inc. and Subsidiaries
- ASSETS ind #16449
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 →
Pension Plan for the Employees of Caromont Health in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $213M |
|---|---|
| Net Assets (End of Year) | $113M |
| Net Income | -$100M |
| Employer EIN | 581636959 |
| Plan Effective Date | 1971-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Caromont Health, Inc.)
Sponsor-wide plan assets over time
All Caromont Health, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $569M 3.0602434618950616% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 4,920 | $587M |
| 2023 | 2 | 5,116 | $557M |
| 2024 | 2 | 5,532 | $569M |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Honeywell Retirement Earnings Plan $16.6B · 11,145
- Truist Financial Corporation Pension Plan $14.6B · 45,818
- Duke Energy Retirement Cash Balance Plan $4.0B · 14,485
- Duke Energy Legacy Pension Plan $3.4B · 371
- Employees' Retirement Plan of Duke University $2.6B · 21,020
Pension Plan for the Employees of Caromont Health's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Carmeuse Lime, Inc. and Subsidiaries in PA ($113M); by covered participants it is Sheet Metal Workers Local 98 Pension Fund in WV (658 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($113M here).
Similar participant headcount
Nearest other-state filings by covered participants (658 participants); asset peers above are excluded.
- Sheet Metal Workers Local 98 Pension Fund (WV) 658 · 0 off
- Western States Office & Professional Employees Pen (OR) 659 · 1 off
- Plumbers and Pipefitters Local Union No 333 Pension Fund (MI) 659 · 1 off
- IBEW Local No. 82 Pension Plan (PA) 659 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.