Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN

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

CAROMONT HEALTH, INC.

This Profit Sharing plan holds $444M in total assets and serves 4,458 participants as of 2023. It is sponsored by CAROMONT HEALTH, INC. in North Carolina. The plan reported positive net income of $69M for the year.

Total Assets (2023)
$444M
Participants
4,458
Industry
Healthcare & Social Assistance

What the Filing Says About CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN

CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN is a Profit Sharing retirement plan sponsored by CAROMONT HEALTH, INC., headquartered in North Carolina. As of the 2023 Form 5500 filing, the plan reports $444M in total end-of-year assets and covers 4,458 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 581636959, and the plan has been effective since 1991-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $375M at the beginning of 2023 to $444M at year-end — a gain of 18.5%. Net assets (after liabilities) closed the year at $444M, with reported net income of $69M 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)$375M
Total Assets (End of Year)$444M
Net Assets (End of Year)$444M
Net Income$69M
Plan TypeProfit Sharing
Employer EIN581636959
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (CAROMONT HEALTH, INC.)

Year Plans Participants Total Assets
2022 2 4,920 $587M
2023 2 5,116 $557M
2024 2 5,532 $569M

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 CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN?
As of the 2023 Form 5500 filing, CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN holds $444M in total assets with 4,458 participants. It is sponsored by CAROMONT HEALTH, INC..
What type of plan is CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN?
CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN is a Profit Sharing plan. It has been effective since 1991-01-01. The plan is filed with the U.S. Department of Labor under EIN 581636959.
Who sponsors the CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN?
CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN is sponsored by CAROMONT HEALTH, INC., located in North Carolina. The sponsor's EIN is 581636959 and the plan operates in the Healthcare & Social Assistance industry.
How did CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN perform in 2023?
CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN grew by 18.5% during 2023, moving from $375M to $444M in total assets. Net income was $69M.
Where can I find official filings for CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 581636959 or plan name at efast.dol.gov.
How does CAROMONT HEALTH, INC. RETIREMENT SAVINGS PLAN compare to other plans?
You can compare CAROMONT HEALTH, INC. RETIREMENT SAVINGS 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 581636959.

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 official public datasets. See our methodology for details.