Other
2024 plan-year Other DOL Form 5500

Cherokee Health Systems, Inc. Tax Deferred Retirement Plan

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

Sponsored by Cherokee Health Systems, Inc. Β· Tennessee Β· Healthcare & Social Assistance

What the 2023 filing shows

Cherokee Health Systems, Inc. Tax Deferred Retirement Plan holds $58M for 618 participants - about $93,334 per participant, up 5.9% over the 2024 plan year.

$58M
total plan assets (2024 EOY)
618
covered participants
$93,334
avg assets per participant
+5.9%
assets growth YoY
Total Assets (2023)
$58M
Participants
618
State
Industry
Healthcare & Social Assistance

What the Filing Says About Cherokee Health Systems, Inc. Tax Deferred Retirement Plan

Cherokee Health Systems, Inc. Tax Deferred Retirement Plan is a Other retirement plan sponsored by Cherokee Health Systems, Inc., headquartered in Tennessee. As of the 2024 Form 5500 filing, the plan reports $58M in total end-of-year assets and covers 618 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 620637925, and the plan has been effective since 1990-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $54M at the beginning of 2024 to $58M at year-end β€” a gain of 5.9%. Net assets (after liabilities) closed the year at $58M, with reported net income of $3M 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)$54M
Total Assets (End of Year)$58M
Net Assets (End of Year)$58M
Net Income$3M
Plan TypeOther
Employer EIN620637925
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cherokee Health Systems, Inc.)

Year Plans Participants Total Assets
2022 1 658 $48M
2023 1 608 $54M
2024 1 618 $58M

Nearby Other Plans in Tennessee

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

Frequently Asked Questions

How much money is in the Cherokee Health Systems, Inc. Tax Deferred Retirement Plan?
As of the 2024 Form 5500 filing, Cherokee Health Systems, Inc. Tax Deferred Retirement Plan holds $58M in total assets with 618 participants. It is sponsored by Cherokee Health Systems, Inc..
What type of plan is Cherokee Health Systems, Inc. Tax Deferred Retirement Plan?
Cherokee Health Systems, Inc. Tax Deferred Retirement Plan is a Other plan. It has been effective since 1990-01-01. The plan is filed with the U.S. Department of Labor under EIN 620637925.
Who sponsors the Cherokee Health Systems, Inc. Tax Deferred Retirement Plan?
Cherokee Health Systems, Inc. Tax Deferred Retirement Plan is sponsored by Cherokee Health Systems, Inc., located in Tennessee. The sponsor's EIN is 620637925 and the plan operates in the Healthcare & Social Assistance industry.
How did Cherokee Health Systems, Inc. Tax Deferred Retirement Plan perform in 2024?
Cherokee Health Systems, Inc. Tax Deferred Retirement Plan grew by 5.9% during 2024, moving from $54M to $58M in total assets. Net income was $3M.
Where can I find official filings for Cherokee Health Systems, Inc. Tax Deferred Retirement Plan?
Official Form 5500 filings for Cherokee Health Systems, Inc. Tax Deferred Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 620637925 or plan name at efast.dol.gov.
How does Cherokee Health Systems, Inc. Tax Deferred Retirement Plan compare to other plans?
You can compare Cherokee Health Systems, Inc. Tax Deferred Retirement Plan against other Other plans on the plan type page, or view plans in Tennessee 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 620637925.

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.