401(k) · DOL Form 5500 · 2023

Murphy Medical Center, Inc. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
337
Participants Below avg headcount
74th
Percentile by assets National rank
$63,139
Avg per participant Low balance/head
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Official DOL plan name: Erlanger Health System Not for Profit 403(b) Retirement Savings · Sponsored by Murphy Medical Center, Inc. · North Carolina · Healthcare & Social Assistance

$21M in assets, 337 participants

Murphy Medical Center, Inc.'s Erlanger Health System Not for Profit 403(b) Retirement Savings reported $21M in total assets and 337 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #13,787 in Healthcare & Social Assistance (17,684 peers)

Coverage in North Carolina

Erlanger Health System Not for Profit 403(b) Retirement Savings covers 337 participants in North Carolina, about 41% of the average North Carolina filer (state average ~819 per filing). Assets: $21M.

#13,787
in Healthcare & Social Assistance (17,684 peers)
+13.5%
assets growth YoY

Erlanger Health System Not for Profit 403(b) Retirement Savings's outsized position by total assets

Erlanger Health System Not for Profit 403(b) Retirement Savings vs every filed plan by assets

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

$21,277,998 Top 26% higher than 74% 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

Erlanger Health System Not for Profit 403(b) Retirement Savings 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. Erlanger Health System Not for Profit 403(b) Retirement Savings sits mid-pack in the medium band (337 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Erlanger Health System Not for Profit 403(b) Retirement Savings reported net income rose from -$5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Erlanger Health System Not for Profit 403(b) Retirement Savings end-of-year assets rose from $19M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Erlanger Health System Not for Profit 403(b) Retirement Savings reported participants rose from 329 in the plan year 2022 filing to 337 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561844262 · Murphy Medical Center, Inc. PY 2023 · 401(k)

Erlanger Health System Not for Profit 403(b) Retirement Savings · $21M · 337 · 74th

  • PART $21M
  • PART 337
  • PART 74th
  • PART 401(k)
  • PART near Kyocera Sld Laser, Inc 401(k) Plan
  • PART ind #13787

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 →

Erlanger Health System Not for Profit 403(b) Retirement Savings in the asset neighbourhood

Erlanger Health System Not for Profit 403(b) Retirement SavingsErlanger Health System Not f…$21MKyocera Sld Laser, Inc 401(k) PlanKyocera Sld Laser, Inc 401(k…$21MHawaii Pacific Foundation 401(k) PlanHawaii Pacific Foundation 40…$21MThe Incoe Corporation Plan$21MAlabama Medical Group 401(k) PspAlabama Medical Group 401(k)…$21M
End-of-year total assets ($M) among Erlanger Health System Not for Profit 403(b) Retirement Savings and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN561844262
Plan Effective Date1993-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Murphy Medical Center, Inc.)

Sponsor-wide plan assets over time

All Murphy Medical Center, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 31.954322643920776% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $18.8M $24.7M ▲ +31.9%
Year Plans Participants Total Assets
2022 1 329 $19M
2023 1 337 $21M
2024 1 356 $25M

Nearby 401(k) Plans in North Carolina

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

Erlanger Health System Not for Profit 403(b) Retirement Savings vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Erlanger Health System Not for Profit 403(b) Retirement Savings, Total assets ($B): 0.021277998 · Participants: 337Erlanger Health System Not for Profit 403(b) Retirement SavingsThe 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
Erlanger Health System Not for Profit 403(b) Retirement Savings vs. nearby 401(k) plans in North Carolina, assets vs. participants

Erlanger Health System Not for Profit 403(b) Retirement Savings's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Kyocera Sld Laser, Inc 401(k) Plan in CA ($21M); by covered participants it is Southern Glazer's Union 401(k) Plan in FL (337 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (337 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 Erlanger Health System Not for Profit 403(b) Retirement Savings assets move in 2023?
Erlanger Health System Not for Profit 403(b) Retirement Savings grew at a solid clip - up 13.5% during 2023, from $19M to $21M. Reported net income was $3M.
How have Murphy Medical Center, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Murphy Medical Center, Inc.'s sponsor-wide assets grew 32.0%, from $19M to $25M.
Which 401(k) plans are similar in size to Erlanger Health System Not for Profit 403(b) Retirement Savings?
Among 401(k) plans in other states, the closest by assets is Kyocera Sld Laser, Inc 401(k) Plan in CA ($21M, 194 participants).
Which 401(k) plans cover a similar participant headcount to Erlanger Health System Not for Profit 403(b) Retirement Savings?
Among 401(k) plans in other states, the closest by covered participants is Southern Glazer's Union 401(k) Plan in FL (337 participants, $7M in assets).