Defined Benefit (Pension) · DOL Form 5500 · 2023

Scotland Health Care System Pension Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size: 336
Participants Below avg headcount: 82nd
Percentile by assets National rank: $113,024
Avg per participant Below avg balance/head

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Official DOL plan name: Scotland Health Care System Employees' Pension Plan · Sponsored by Scotland Health Care System · North Carolina · Healthcare & Social Assistance

$38M in assets, 336 participants

Scotland Health Care System's Scotland Health Care System Employees' Pension Plan reported $38M in total assets and 336 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

#15,034 in Healthcare & Social Assistance (17,684 peers)

Coverage in North Carolina

Scotland Health Care System Employees' Pension Plan covers 336 participants in North Carolina, about 41% of the average North Carolina filer (state average ~819 per filing). Assets: $38M.

#15,034
in Healthcare & Social Assistance (17,684 peers): -35.8%
assets change YoY: 0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Scotland Health Care System Employees' Pension Plan's outsized position by total assets

Scotland Health Care System Employees' Pension Plan vs every filed plan by assets

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

$37,975,903 Top 18% higher than 82% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Scotland Health Care System Employees' Pension Plan 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. Scotland Health Care System Employees' Pension Plan sits mid-pack in the medium band (336 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Scotland Health Care System Employees' Pension Plan reported net income fell from -$8M in the plan year 2022 filing to -$21M in the plan year 2023 filing.
Scotland Health Care System Employees' Pension Plan end-of-year assets fell from $59M in the plan year 2022 filing to $38M in the plan year 2023 filing.
Scotland Health Care System Employees' Pension Plan reported participants fell from 369 in the plan year 2022 filing to 336 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 581847657 · Scotland Health Care System PY 2023 · Defined Benefit (Pension)

Scotland Health Care System Employees' Pension Plan · $38M · 336 · 82nd

PHOTO $38M
IND 336
EOY 82nd
5500 Defined Benefit (Pension)
ASSETS near The Monarch Cement Company Retirement Plan for Staff Employees
PCT ind #15034

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 →

End-of-year total assets ($M) among Scotland Health Care System Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)	$59M
Net Assets (End of Year)	$38M
Net Income	-$21M
Employer EIN	581847657
Plan Effective Date	1971-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Scotland Health Care System)

Latest sponsor-wide plan assets: $5M 91.01958589217453% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	369	$59M
2023	1	336	$38M
2024	1	305	$5M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Scotland Health Care System Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Honeywell Retirement Earnings Plan $16.6B · 11,145
Truist Financial Corporation Pension Plan $14.6B · 45,818
Duke Energy Retirement Cash Balance Plan $4.0B · 14,485
Duke Energy Legacy Pension Plan $3.4B · 371
Employees' Retirement Plan of Duke University $2.6B · 21,020

Compare Scotland Health Care System Employees' Pension Plan side-by-side with 3 peers →

Scotland Health Care System Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is The Monarch Cement Company Retirement Plan for Staff Employees in KS ($38M); by covered participants it is Ora Orthopedics, P.C. Cash Balance Plan in IA (336 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($38M here).

The Monarch Cement Company Retirement Plan for Staff Employees (KS) $38M · 58
NECA-IBEW Local 584 Pension Plan (TX) $38M · 393
Noland Health Services Retirement Income Plan (AL) $38M · 198
Sbera Pension Plan as Adopted by the Lowell Five Cent Savings Bank (MA) $38M · 74

Similar participant headcount

Nearest other-state filings by covered participants (336 participants); asset peers above are excluded.

Ora Orthopedics, P.C. Cash Balance Plan (IA) 336 · 0 off
Latrobe Steel Company Pension Plan for Bargaining Unit Employees (PA) 336 · 0 off
Duquesne Light Company Defined Benefit Retirement Plan (PA) 336 · 0 off
I.B.E.W. Local 81 Defined Benefit Pension Plan (PA) 336 · 0 off

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 Health Care System Employees' Pension Plan assets move in 2023? ▼

Scotland Health Care System Employees' Pension Plan contracted severely - down 35.8% during 2023, from $59M to $38M. Reported net income was -$21M.

How have Scotland Health Care System plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Scotland Health Care System's sponsor-wide assets declined 91.0%, from $59M to $5M.

Where does Scotland Health Care System Employees' Pension Plan rank by assets among Form 5500 filers? ▼

Scotland Health Care System Employees' Pension Plan ranks in the 82nd 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 Defined Benefit (Pension) plans are similar in size to Scotland Health Care System Employees' Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is The Monarch Cement Company Retirement Plan for Staff Employees in KS ($38M, 58 participants).

Which Defined Benefit (Pension) plans cover a similar participant headcount to Scotland Health Care System Employees' Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ora Orthopedics, P.C. Cash Balance Plan in IA (336 participants, $7M 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 581847657.