401(k) · DOL Form 5500 · 2023

Ridge Care 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
180
Participants Small participant base
54th
Percentile by assets National rank
$44,027
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ridge Care 401(k) Plan · Sponsored by Ridge Care · North Carolina · Healthcare & Social Assistance

$8M in assets, 180 participants

Ridge Care's Ridge Care 401(k) Plan reported $8M in total assets and 180 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #10,453 in Healthcare & Social Assistance (17,684 peers)

Coverage in North Carolina

Ridge Care 401(k) Plan covers 180 participants in North Carolina, about 22% of the average North Carolina filer (state average ~819 per filing). Assets: $8M.

#10,453
in Healthcare & Social Assistance (17,684 peers)
+19.3%
assets growth YoY

Ridge Care 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Ridge Care 401(k) Plan vs every filed plan by assets

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

$7,924,930 Top 46% higher than 54% 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

Ridge Care 401(k) 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. Ridge Care 401(k) Plan sits mid-pack in the medium band (180 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ridge Care 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Ridge Care 401(k) Plan reported participants rose from 135 in the plan year 2022 filing to 180 in the plan year 2023 filing.
  • Ridge Care 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 814935719 · Ridge Care PY 2023 · 401(k)

Ridge Care 401(k) Plan · $8M · 180 · 54th

  • PCT $8M
  • EIN 180
  • RANK 54th
  • PHOTO 401(k)
  • IND near Grand Street Settlement, Inc. 401(k) Plan
  • EOY ind #10453

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 →

Ridge Care 401(k) Plan in the asset neighbourhood

Grand Street Settlement, Inc. 401(k) PlanGrand Street Settlement, Inc…$8MSchwartz & Associates, P.a. 401(k) Salary Savings PlanSchwartz & Associates, P.a. …$8MHcp Financial and Management Services 401(k) PlanHcp Financial and Management…$8MRidge Care 401(k) Plan$8MPrescryptive Health 401(k) PlanPrescryptive Health 401(k) P…$8M
End-of-year total assets ($M) among Ridge Care 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN814935719
Plan Effective Date2004-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ridge Care)

Sponsor-wide plan assets over time

All Ridge Care plans reported in each filing year

Latest sponsor-wide plan assets
$9M 34.628816314405% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.64M $8.95M ▲ +34.8%
Year Plans Participants Total Assets
2022 1 135 $7M
2023 1 180 $8M
2024 1 217 $9M

Nearby 401(k) Plans in North Carolina

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

Ridge Care 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Ridge Care 401(k) Plan, Total assets ($B): 0.00792493 · Participants: 180Ridge Care 401(k) 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
Ridge Care 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Ridge Care 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Grand Street Settlement, Inc. 401(k) Plan in NY ($8M); by covered participants it is Hass-Anderson Construction Profit Sharing 401(k) Plan in TX (180 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (180 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 Ridge Care 401(k) Plan assets move in 2023?
Ridge Care 401(k) Plan grew sharply - up 19.3% during 2023, from $7M to $8M. Reported net income was $1M.
How have Ridge Care plan assets changed over time?
Across 3 plan years on file (2022-2024), Ridge Care's sponsor-wide assets grew 34.6%, from $7M to $9M.
Which 401(k) plans are similar in size to Ridge Care 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Grand Street Settlement, Inc. 401(k) Plan in NY ($8M, 296 participants).
Which 401(k) plans cover a similar participant headcount to Ridge Care 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Hass-Anderson Construction Profit Sharing 401(k) Plan in TX (180 participants, N/A in assets).