Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

Inspira Medical Centers, Inc. Cash Balance Retirement Plan

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

Sponsored by Inspira Medical Center Woodbury · New Jersey · Healthcare & Social Assistance

What the 2023 filing shows

Inspira Medical Centers, Inc. Cash Balance Retirement Plan holds $43M for 425 participants — about $102,092 per participant, down 2.0% over the 2023 plan year.

$43M
total plan assets (2023 EOY)
425
covered participants
$102,092
avg assets per participant
-2.0%
assets change YoY

The plan reported a net loss of $878K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$43M
Participants
425
State
Industry
Healthcare & Social Assistance

What the Filing Says About Inspira Medical Centers, Inc. Cash Balance Retirement Plan

Inspira Medical Centers, Inc. Cash Balance Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Inspira Medical Center Woodbury, headquartered in New Jersey. As of the 2023 Form 5500 filing, the plan reports $43M in total end-of-year assets and covers 425 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 210634484, and the plan has been effective since 1970-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $44M at the beginning of 2023 to $43M at year-end — a decline of 2.0%. Net assets (after liabilities) closed the year at $43M, with reported net income of $-878,404 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)$44M
Total Assets (End of Year)$43M
Net Assets (End of Year)$43M
Net Income$-878,404
Plan TypeDefined Benefit (Pension)
Employer EIN210634484
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inspira Medical Center Woodbury)

Year Plans Participants Total Assets
2022 2 7,448 $510M
2023 2 7,881 $603M
2024 3 8,517 $657M

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Inspira Medical Centers, Inc. Cash Balance Retirement Plan?
As of the 2023 Form 5500 filing, Inspira Medical Centers, Inc. Cash Balance Retirement Plan holds $43M in total assets with 425 participants. It is sponsored by Inspira Medical Center Woodbury.
What type of plan is Inspira Medical Centers, Inc. Cash Balance Retirement Plan?
Inspira Medical Centers, Inc. Cash Balance Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1970-01-01. The plan is filed with the U.S. Department of Labor under EIN 210634484.
Who sponsors the Inspira Medical Centers, Inc. Cash Balance Retirement Plan?
Inspira Medical Centers, Inc. Cash Balance Retirement Plan is sponsored by Inspira Medical Center Woodbury, located in New Jersey. The sponsor's EIN is 210634484 and the plan operates in the Healthcare & Social Assistance industry.
How did Inspira Medical Centers, Inc. Cash Balance Retirement Plan perform in 2023?
Inspira Medical Centers, Inc. Cash Balance Retirement Plan declined by 2.0% during 2023, moving from $44M to $43M in total assets. Net income was $-878,404.
Where can I find official filings for Inspira Medical Centers, Inc. Cash Balance Retirement Plan?
Official Form 5500 filings for Inspira Medical Centers, Inc. Cash Balance Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 210634484 or plan name at efast.dol.gov.
How does Inspira Medical Centers, Inc. Cash Balance Retirement Plan compare to other plans?
You can compare Inspira Medical Centers, Inc. Cash Balance Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in New Jersey 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 210634484.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.