Other · DOL Form 5500 · 2023

Caromont Health, Inc. Retirement Plan

Data updated 2026-08-25

$444M
Total assets Above avg plan size
4,458
Participants Above avg headcount
97th
Percentile by assets National rank
$99,625
Avg per participant Below avg balance/head
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Official DOL plan name: Caromont Health, Inc. Retirement Savings Plan · Sponsored by Caromont Health, Inc. · North Carolina · Healthcare & Social Assistance

$444M in assets, 4,458 participants

Caromont Health, Inc.'s Caromont Health, Inc. Retirement Savings Plan reported $444M in total assets and 4,458 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #17,219 in Healthcare & Social Assistance (17,684 peers)

Coverage in North Carolina

Caromont Health, Inc. Retirement Savings Plan covers 4,458 participants in North Carolina, 5.4x the typical North Carolina plan (state average ~819 per filing). Assets: $444M.

#17,219
in Healthcare & Social Assistance (17,684 peers)
+18.5%
assets growth YoY
4.5×
vs typical plan assets (national mean)

Caromont Health, Inc. Retirement Savings Plan's outsized position by total assets

Caromont Health, Inc. Retirement Savings Plan vs every filed plan by assets

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

$444,128,487 Top 3% higher than 97% 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

Caromont Health, Inc. Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Caromont Health, Inc. Retirement Savings Plan lands in the large band (4,458 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Caromont Health, Inc. Retirement Savings Plan reported net income rose from -$65M in the plan year 2022 filing to $69M in the plan year 2023 filing.
  • Caromont Health, Inc. Retirement Savings Plan end-of-year assets rose from $375M in the plan year 2022 filing to $444M in the plan year 2023 filing.
  • Caromont Health, Inc. Retirement Savings Plan reported participants rose from 4,211 in the plan year 2022 filing to 4,458 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 581636959 · Caromont Health, Inc. PY 2023 · Other

Caromont Health, Inc. Retirement Savings Plan · $444M · 4,458 · 97th

  • PHOTO $444M
  • PHOTO 4,458
  • PHOTO 97th
  • PHOTO Other
  • PHOTO near Penn State Health Tax Sheltered Annuity Program
  • PHOTO ind #17219

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 →

Caromont Health, Inc. Retirement Savings Plan in the asset neighbourhood

Babson College Retirement PlanBabson College Retirement Pl…$446MPenn State Health Tax Sheltered Annuity ProgramPenn State Health Tax Shelte…$444MCaromont Health, Inc. Retirement Savings PlanCaromont Health, Inc. Retire…$444MLafayette College Retirement PlanLafayette College Retirement…$443MMidwestern University Retirement PlanMidwestern University Retire…$442M
End-of-year total assets ($M) among Caromont Health, Inc. Retirement Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$375M
Net Assets (End of Year)$444M
Net Income$69M
Employer EIN581636959
Plan Effective Date1991-01-01
Filing StatusFILING 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
$550M$560M$570M$580M$590M$600M 202220232024 $587M $569M ▼ -3.1%
Year Plans Participants Total Assets
2022 2 4,920 $587M
2023 2 5,116 $557M
2024 2 5,532 $569M

Nearby Other Plans in North Carolina

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

Caromont Health, Inc. Retirement Savings Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -20246810 Total assets ($B) Participants Caromont Health, Inc. Retirement Savings Plan, Total assets ($B): 0.444128487 · Participants: 4458Caromont Health, Inc. Retirement Savings 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 PlanFirsthealth of the Carolinas, Inc. Matching Savings Plan, Total assets ($B): 0.38903876 · Participants: 5520Firsthealth of the Carolinas, Inc. Matching Savings Plan
Caromont Health, Inc. Retirement Savings Plan vs. nearby Other plans in North Carolina, assets vs. participants
Compare Caromont Health, Inc. Retirement Savings Plan side-by-side with 3 peers →

Caromont Health, Inc. Retirement Savings Plan's out-of-state Other peers by assets and headcount

Outside North Carolina, the nearest Other by assets is Penn State Health Tax Sheltered Annuity Program in PA ($444M); by covered participants it is Martin Memorial Health Systems, Inc. 403(b) Retirement Savings Plan in FL (4,453 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($444M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,458 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 Caromont Health, Inc. Retirement Savings Plan assets move in 2023? ▼
Caromont Health, Inc. Retirement Savings Plan grew sharply - up 18.5% during 2023, from $375M to $444M. Reported net income was $69M.
How have Caromont Health, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Caromont Health, Inc.'s sponsor-wide assets declined 3.1%, from $587M to $569M.
Where does Caromont Health, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Caromont Health, Inc. Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Caromont Health, Inc. Retirement Savings Plan? ▼
Among Other plans in other states, the closest by assets is Penn State Health Tax Sheltered Annuity Program in PA ($444M, 18,215 participants).
Which Other plans cover a similar participant headcount to Caromont Health, Inc. Retirement Savings Plan? ▼
Among Other plans in other states, the closest by covered participants is Martin Memorial Health Systems, Inc. 403(b) Retirement Savings Plan in FL (4,453 participants, N/A 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 581636959.

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.