401(k) · DOL Form 5500 · 2023

Scotland Memorial Hospital, Inc. 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
1,106
Participants Near avg headcount
88th
Percentile by assets National rank
$61,321
Avg per participant Low balance/head
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Official DOL plan name: Scotland Memorial Hospital, Inc. 403(b) Retirement Plan · Sponsored by Scotland Memorial Hospital, Inc. · North Carolina · Healthcare & Social Assistance

$68M in assets, 1,106 participants

Scotland Memorial Hospital, Inc.'s Scotland Memorial Hospital, Inc. 403(b) Retirement Plan reported $68M in total assets and 1,106 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,932 in Healthcare & Social Assistance (17,684 peers)

Where Scotland Memorial Hospital, Inc. 403(b) Retirement Plan sits by assets

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan sits in the top quartile of all filed plans by assets, $68M for 1,106 participants (~$61,321/participant), up 21.9% in 2023.

#15,932
in Healthcare & Social Assistance (17,684 peers)
+21.9%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan's outsized position by total assets

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan vs every filed plan by assets

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

$67,821,074 Top 12% higher than 88% 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

Scotland Memorial Hospital, Inc. 403(b) Retirement 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. Scotland Memorial Hospital, Inc. 403(b) Retirement Plan lands in the large band (1,106 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Scotland Memorial Hospital, Inc. 403(b) Retirement Plan reported net income rose from -$9M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Scotland Memorial Hospital, Inc. 403(b) Retirement Plan reported participants rose from N/A in the plan year 2022 filing to 1,106 in the plan year 2023 filing.
  • Scotland Memorial Hospital, Inc. 403(b) Retirement Plan end-of-year assets rose from $57M in the plan year 2022 filing to $68M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 560583151 · Scotland Memorial Hospital, Inc. PY 2023 · 401(k)

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan · $68M · 1,106 · 88th

  • BOOK $68M
  • VS-ST 1,106
  • BOY 88th
  • SCH 401(k)
  • EBSA near The Penta Building Group, LLC 401(k) Plan
  • PART ind #15932

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 →

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan in the asset neighbourhood

P. Kaufmann Employees' 401(k) Profit-Sharing TrustP. Kaufmann Employees' 401(k…$68MBastion Technologies 401(k) PlanBastion Technologies 401(k) …$68MVoltyx 401(k) Plan$68MScotland Memorial Hospital, Inc. 403(b) Retirement PlanScotland Memorial Hospital, …$68MThe Penta Building Group, LLC 401(k) PlanThe Penta Building Group, LL…$68M
End-of-year total assets ($M) among Scotland Memorial Hospital, Inc. 403(b) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$68M
Net Income$12M
Employer EIN560583151
Plan Effective Date1996-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scotland Memorial Hospital, Inc.)

Sponsor-wide plan assets over time

All Scotland Memorial Hospital, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$79M 38.57469134771842% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $57.1M $79.2M ▲ +38.6%
Year Plans Participants Total Assets
2022 1 N/A $57M
2023 1 1,106 $68M
2024 1 1,257 $79M

Nearby 401(k) Plans in North Carolina

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

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Scotland Memorial Hospital, Inc. 403(b) Retirement Plan, Total assets ($B): 0.067821074 · Participants: 1106Scotland Memorial Hospital, Inc. 403(b) Retirement 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
Scotland Memorial Hospital, Inc. 403(b) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is The Penta Building Group, LLC 401(k) Plan in NV ($68M); by covered participants it is The Walman Optical Company 401(k) Plan in MN (1,106 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($68M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,106 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 Scotland Memorial Hospital, Inc. 403(b) Retirement Plan assets move in 2023?
Scotland Memorial Hospital, Inc. 403(b) Retirement Plan grew sharply - up 21.9% during 2023, from $56M to $68M. Reported net income was $12M.
How have Scotland Memorial Hospital, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Scotland Memorial Hospital, Inc.'s sponsor-wide assets grew 38.6%, from $57M to $79M.
Where does Scotland Memorial Hospital, Inc. 403(b) Retirement Plan rank by assets among Form 5500 filers?
Scotland Memorial Hospital, Inc. 403(b) Retirement Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Scotland Memorial Hospital, Inc. 403(b) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is The Penta Building Group, LLC 401(k) Plan in NV ($68M, 386 participants).
Which 401(k) plans cover a similar participant headcount to Scotland Memorial Hospital, Inc. 403(b) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is The Walman Optical Company 401(k) Plan in MN (1,106 participants, $105M in assets).