Other · DOL Form 5500 · 2024

Belmont Abbey College, Inc. Retirement Plan

Data updated 2026-08-11

$35M
Total assets
270
Participants
80th
Percentile by assets
$129,062
Avg per participant
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Official DOL plan name: Belmont Abbey College Retirement Plan · Sponsored by Belmont Abbey College, Inc. · North Carolina · Educational Services

$35M in assets, 270 participants

Belmont Abbey College, Inc.'s Belmont Abbey College Retirement Plan reported $35M in total assets and 270 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • 80th percentile by assets (of 123,622 plans)
  • #2,362 in Educational Services (3,638 peers)

Coverage in North Carolina

Belmont Abbey College Retirement Plan covers 270 participants in North Carolina, about 33% of the average North Carolina filer (state average ~819 per filing). Assets: $35M.

$35M
total plan assets (2024 EOY)
270
covered participants
80th
percentile by assets (of 123,622 plans)
$129,062
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Belmont Abbey College Retirement Plan end-of-year assets rose from $31M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • Belmont Abbey College Retirement Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Belmont Abbey College Retirement Plan reported participants fell from 278 in the plan year 2023 filing to 270 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Belmont Abbey College Retirement Plan reports 270 participants - about 33% of that state average ($35M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$35M
Net Income$4M
Employer EIN560547498
Plan Effective Date1989-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Belmont Abbey College, Inc.)

$25M$30M$35M$40M 202220232024 $26.5M $34.9M ▲ +31.4%
Total plan assets by year, all Belmont Abbey College, Inc. plans on file
Year Plans Participants Total Assets
2022 1 267 $27M
2023 1 278 $31M
2024 1 270 $35M

Nearby Other Plans in North Carolina

Peer Other plans, same state, same plan type, ranked by total assets.

Belmont Abbey College Retirement Plan vs. nearby Other plans in North Carolina, assets vs. participants

Belmont Abbey College Retirement Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -5051015 Total assets ($B) Participants Belmont Abbey Colleg…The Duke University …Wake Forest Baptist …The Moses H. Cone Me…Wake Forest Universi…Caromont Health, Inc…
Belmont Abbey College Retirement Plan vs. nearby Other plans in North Carolina, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Belmont Abbey College Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Belmont Abbey College Retirement Plan assets move in 2024?
Belmont Abbey College Retirement Plan grew at a solid clip - up 12.8% during 2024, from $31M to $35M. Reported net income was $4M.
How have Belmont Abbey College, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Belmont Abbey College, Inc.'s sponsor-wide assets grew 31.4%, from $27M to $35M.
Where does Belmont Abbey College Retirement Plan rank by assets among Form 5500 filers?
Belmont Abbey College Retirement Plan ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Belmont Abbey College Retirement Plan?
Among Other plans in other states, the closest by assets is Baker University Defined Contribution Retirement Plan in KS ($35M, 321 participants).

Next read for Belmont Abbey College Retirement Plan

Filing takeaways

Ways to act on Belmont Abbey College Retirement Plan's numbers.