Defined Benefit (Pension) · DOL Form 5500 · 2023

Garrett County Memorial Hospital (Dba Garrett Regional Medical Center) Pension Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
135
Participants Small participant base
83rd
Percentile by assets National rank
$303,582
Avg per participant High balance/head
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Official DOL plan name: Retirement Plan for Employees of Garrett County Memorial Hospital · Sponsored by Garrett County Memorial Hospital (Dba Garrett Regional Medical Center) · Maryland · Healthcare & Social Assistance

$41M in assets, 135 participants

Garrett County Memorial Hospital (Dba Garrett Regional Medical Center)'s Retirement Plan for Employees of Garrett County Memorial Hospital reported $41M in total assets and 135 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #15,180 in Healthcare & Social Assistance (17,684 peers)

Coverage in Maryland

Retirement Plan for Employees of Garrett County Memorial Hospital covers 135 participants in Maryland, about 15% of the average Maryland filer (state average ~929 per filing). Assets: $41M.

#15,180
in Healthcare & Social Assistance (17,684 peers)
+6.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Retirement Plan for Employees of Garrett County Memorial Hospital's outsized position by total assets

Retirement Plan for Employees of Garrett County Memorial Hospital vs every filed plan by assets

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

$40,983,577 Top 17% higher than 83% 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

Retirement Plan for Employees of Garrett County Memorial Hospital 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. Retirement Plan for Employees of Garrett County Memorial Hospital sits mid-pack in the medium band (135 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Plan for Employees of Garrett County Memorial Hospital reported participants fell from 189 in the plan year 2022 filing to 135 in the plan year 2023 filing.
  • Retirement Plan for Employees of Garrett County Memorial Hospital reported net income fell from $3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Retirement Plan for Employees of Garrett County Memorial Hospital end-of-year assets rose from $39M in the plan year 2022 filing to $41M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 871846814 · Garrett County Memorial Hospital (Dba Garrett Regional Medical Center) PY 2023 · Defined Benefit (Pension)

Retirement Plan for Employees of Garrett County Memorial Hospital · $41M · 135 · 83rd

  • TYPE $41M
  • NET 135
  • BOOK 83rd
  • VS-ST Defined Benefit (Pension)
  • BOY near Cash Balance Retirement Plan for Employees of Credit Industriel Et Commercial
  • SCH ind #15180

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 Maryland →

Retirement Plan for Employees of Garrett County Memorial Hospital in the asset neighbourhood

Unite/Here 74 Pension Trust FundUnite/Here 74 Pension Trust …$41MLeggett & Platt, Incorporated Pension PlanLeggett & Platt, Incorporate…$41MRetirement Plan for Employees of Garrett County Memorial HospitalRetirement Plan for Employee…$41MCash Balance Retirement Plan for Employees of Credit Industriel Et CommercialCash Balance Retirement Plan…$41MIBEW Local No. 229 Pension FundIBEW Local No. 229 Pension F…$41M
End-of-year total assets ($M) among Retirement Plan for Employees of Garrett County Memorial Hospital and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$41M
Net Income$2M
Employer EIN871846814
Plan Effective Date1969-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Garrett County Memorial Hospital (Dba Garrett Regional Medical Center))

Sponsor-wide plan assets over time

All Garrett County Memorial Hospital (Dba Garrett Regional Medical Center) plans reported in each filing year

Latest sponsor-wide plan assets
$42M 8.381345672165354% vs 2022
2024 filing year
$38M$39M$40M$41M$42M$43M 202220232024 $38.6M $41.8M ▲ +8.4%
Year Plans Participants Total Assets
2022 1 189 $39M
2023 1 135 $41M
2024 1 112 $42M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Retirement Plan for Employees of Garrett County Memorial Hospital vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Retirement Plan for Employees of Garrett County Memorial Hospital, Total assets ($B): 0.040983577 · Participants: 135Retirement Plan for Employees of Garrett County Memorial HospitalNational Electrical Benefit Fund, Total assets ($B): 18.88881693 · Participants: 323315National Electrical Benefit FundLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.434547593 · Participants: 19673Lockheed Martin Corporation Salaried Employee Retirement ProgramMajor League Baseball Players Pension Plan, Total assets ($B): 4.648661647 · Participants: 1087Major League Baseball Players Pension PlanNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.493297428 · Participants: 15047National Automatic Sprinkler Industry Pension FundInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 4.223547088 · Participants: 44973International Painters and Allied Trades Industry Pension Plan
Retirement Plan for Employees of Garrett County Memorial Hospital vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Retirement Plan for Employees of Garrett County Memorial Hospital's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Cash Balance Retirement Plan for Employees of Credit Industriel Et Commercial in NY ($41M); by covered participants it is Hawthorn Bancshares, Inc. Retirement Plan in MO (135 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (135 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 Retirement Plan for Employees of Garrett County Memorial Hospital assets move in 2023?
Retirement Plan for Employees of Garrett County Memorial Hospital grew at a solid clip - up 6.3% during 2023, from $39M to $41M. Reported net income was $2M.
How have Garrett County Memorial Hospital (Dba Garrett Regional Medical Center) plan assets changed over time?
Across 3 plan years on file (2022-2024), Garrett County Memorial Hospital (Dba Garrett Regional Medical Center)'s sponsor-wide assets grew 8.4%, from $39M to $42M.
Where does Retirement Plan for Employees of Garrett County Memorial Hospital rank by assets among Form 5500 filers?
Retirement Plan for Employees of Garrett County Memorial Hospital ranks in the 83rd 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 Retirement Plan for Employees of Garrett County Memorial Hospital?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cash Balance Retirement Plan for Employees of Credit Industriel Et Commercial in NY ($41M, 85 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Employees of Garrett County Memorial Hospital?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hawthorn Bancshares, Inc. Retirement Plan in MO (135 participants, $36M in assets).