Other · DOL Form 5500 · 2024

Galloway Ridge, Inc. Retirement Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
314
Participants Below avg headcount
38th
Percentile by assets National rank
$12,836
Avg per participant Low balance/head
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Official DOL plan name: Galloway Ridge 403(b) Plan · Sponsored by Galloway Ridge, Inc. · North Carolina · Other Services

$4M in assets, 314 participants

Galloway Ridge, Inc.'s Galloway Ridge 403(b) Plan reported $4M in total assets and 314 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #4,737 in Other Services (7,719 peers)

Coverage in North Carolina

Galloway Ridge 403(b) Plan covers 314 participants in North Carolina, about 38% of the average North Carolina filer (state average ~819 per filing). Assets: $4M.

#4,737
in Other Services (7,719 peers)
+14.7%
assets growth YoY

Galloway Ridge 403(b) Plan's mid-pack asset rank among Other Services and all filers

Galloway Ridge 403(b) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$4,030,602 38th percentile higher than 38% of 123,620 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 2024

Galloway Ridge 403(b) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Galloway Ridge 403(b) Plan sits mid-pack in the medium band (314 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Galloway Ridge 403(b) Plan reported net income rose from $267K in the plan year 2023 filing to $517K in the plan year 2024 filing.
  • Galloway Ridge 403(b) Plan reported participants rose from 216 in the plan year 2023 filing to 314 in the plan year 2024 filing.
  • Galloway Ridge 403(b) Plan end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 562277623 · Galloway Ridge, Inc. PY 2024 · Other

Galloway Ridge 403(b) Plan · $4M · 314 · 38th

  • EOY $4M
  • EOY 314
  • EOY 38th
  • EOY Other
  • EOY near 403(b) Thrift Plan of Missouri Valley Community Action Agency
  • EOY ind #4737

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 Other Services retirement plans → · Plans in North Carolina →

Galloway Ridge 403(b) Plan in the asset neighbourhood

Galloway Ridge 403(b) Plan$4M403(b) Thrift Plan of Missouri Valley Community Action Agency403(b) Thrift Plan of Missou…$4MAdjoin 403(b) Plan$4MDr. Richard Izquierdo Health and Science Charter School 403(b) PlanDr. Richard Izquierdo Health…$4MLorain County Community Action Agency 403(b) ThrifLorain County Community Acti…$4M
End-of-year total assets ($M) among Galloway Ridge 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$517K
Employer EIN562277623
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Galloway Ridge, Inc.)

Sponsor-wide plan assets over time

All Galloway Ridge, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 24.127755501764632% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M 202220232024 $3.25M $4.03M ▲ +24.0%
Year Plans Participants Total Assets
2022 1 97 $3M
2023 1 216 $4M
2024 1 314 $4M

Nearby Other Plans in North Carolina

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

Galloway Ridge 403(b) Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -5051015 Total assets ($B) Participants Galloway Ridge 403(b) Plan, Total assets ($B): 0.004030602 · Participants: 314Galloway Ridge 403(b) PlanThe Duke University Faculty and Staff Retirement Plan, Total assets ($B): 11.044676648 · Participants: 48377The Duke University Faculty and Staff Retirement PlanWake Forest Baptist Medical Center 403(b) Retirement Savings Plan, Total assets ($B): 3.642720552 · Participants: 19745Wake Forest Baptist Medical Center 403(b) Retirement Savings PlanThe Moses H. Cone Memorial Hospital Voluntary Savings Plan, Total assets ($B): 1.62454492 · Participants: 13533The Moses H. Cone Memorial Hospital Voluntary Savings PlanWake Forest University Retirement Plan, Total assets ($B): 0.889362028 · Participants: 3215Wake Forest University Retirement PlanCaromont Health, Inc. Retirement Savings Plan, Total assets ($B): 0.510802535 · Participants: 4913Caromont Health, Inc. Retirement Savings Plan
Galloway Ridge 403(b) Plan vs. nearby Other plans in North Carolina, assets vs. participants

Galloway Ridge 403(b) Plan's out-of-state Other peers by assets and headcount

Outside North Carolina, the nearest Other by assets is 403(b) Thrift Plan of Missouri Valley Community Action Agency in MO ($4M); by covered participants it is Austin College Retirement Plan in TX (314 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (314 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Galloway Ridge 403(b) Plan assets move in 2024?
Galloway Ridge 403(b) Plan grew at a solid clip - up 14.7% during 2024, from $4M to $4M. Reported net income was $517K.
How have Galloway Ridge, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Galloway Ridge, Inc.'s sponsor-wide assets grew 24.1%, from $3M to $4M.
Which Other plans are similar in size to Galloway Ridge 403(b) Plan?
Among Other plans in other states, the closest by assets is 403(b) Thrift Plan of Missouri Valley Community Action Agency in MO ($4M, 149 participants).
Which Other plans cover a similar participant headcount to Galloway Ridge 403(b) Plan?
Among Other plans in other states, the closest by covered participants is Austin College Retirement Plan in TX (314 participants, $66M in assets).