Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Employee Benefits Plan of Methodist Home for Children

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Methodist Home for Children, Inc. Β· North Carolina Β· Healthcare & Social Assistance

What the 2023 filing shows

Employee Benefits Plan of Methodist Home for Children holds N/A for 67 participants.

N/A
total plan assets (2024 EOY)
67
covered participants
$-10,029,727
reported net income

The plan reported a net loss of $10M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
N/A
Participants
67
Industry
Healthcare & Social Assistance

What the Filing Says About Employee Benefits Plan of Methodist Home for Children

Employee Benefits Plan of Methodist Home for Children is a Defined Benefit (Pension) retirement plan sponsored by Methodist Home for Children, Inc., headquartered in North Carolina. As of the 2024 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 67 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 560547482, and the plan has been effective since 1971-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2024 to N/A at year-end. Net assets (after liabilities) closed the year at N/A, with reported net income of $-10,029,727 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$10M
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Net Income$-10,029,727
Plan TypeDefined Benefit (Pension)
Employer EIN560547482
Plan Effective Date1971-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Methodist Home for Children, Inc.)

Year Plans Participants Total Assets
2022 2 334 $18M
2023 2 258 $20M
2024 2 428 $12M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Frequently Asked Questions

How much money is in the Employee Benefits Plan of Methodist Home for Children?
As of the 2024 Form 5500 filing, Employee Benefits Plan of Methodist Home for Children holds N/A in total assets with 67 participants. It is sponsored by Methodist Home for Children, Inc..
What type of plan is Employee Benefits Plan of Methodist Home for Children?
Employee Benefits Plan of Methodist Home for Children is a Defined Benefit (Pension) plan. It has been effective since 1971-10-01. The plan is filed with the U.S. Department of Labor under EIN 560547482.
Who sponsors the Employee Benefits Plan of Methodist Home for Children?
Employee Benefits Plan of Methodist Home for Children is sponsored by Methodist Home for Children, Inc., located in North Carolina. The sponsor's EIN is 560547482 and the plan operates in the Healthcare & Social Assistance industry.
How did Employee Benefits Plan of Methodist Home for Children perform in 2024?
Employee Benefits Plan of Methodist Home for Children held N/A in total assets at the end of 2024. Net income was $-10,029,727.
Where can I find official filings for Employee Benefits Plan of Methodist Home for Children?
Official Form 5500 filings for Employee Benefits Plan of Methodist Home for Children are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 560547482 or plan name at efast.dol.gov.
How does Employee Benefits Plan of Methodist Home for Children compare to other plans?
You can compare Employee Benefits Plan of Methodist Home for Children against other Defined Benefit (Pension) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) β€” original filing retrieval by EIN 560547482.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.