401(k) · DOL Form 5500 · 2024

Novant Health, Inc. 401(k) Plan

Data updated 2026-08-25

$81M
Total assets Below avg plan size
999
Participants Near avg headcount
89th
Percentile by assets National rank
$81,065
Avg per participant Below avg balance/head
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Official DOL plan name: The South Carolina Region 403(b) Plan · Sponsored by Novant Health, Inc. · North Carolina · Healthcare & Social Assistance

$81M in assets, 999 participants

Novant Health, Inc.'s The South Carolina Region 403(b) Plan reported $81M in total assets and 999 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #15,279 in Healthcare & Social Assistance (16,916 peers)

Where The South Carolina Region 403(b) Plan sits by assets

The South Carolina Region 403(b) Plan sits in the top quartile of all filed plans by assets, $81M for 999 participants (~$81,065/participant).

#15,279
in Healthcare & Social Assistance (16,916 peers)
$81M
reported net income
0.8×
vs typical plan assets (national mean)

The South Carolina Region 403(b) Plan's outsized position by total assets

The South Carolina Region 403(b) Plan vs every filed plan by assets

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

$80,983,586 Top 11% higher than 89% 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

The South Carolina Region 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. The South Carolina Region 403(b) Plan sits mid-pack in the medium band (999 participants).

EBSA filing schedule strip

Filing strip 561376950 · Novant Health, Inc. PY 2024 · 401(k)

The South Carolina Region 403(b) Plan · $81M · 999 · 89th

  • VS-ST $81M
  • VS-ST 999
  • VS-ST 89th
  • VS-ST 401(k)
  • VS-ST near Bmwc Constructors, Inc. Profit Sharing Plan
  • VS-ST ind #15279

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 North Carolina →

The South Carolina Region 403(b) Plan in the asset neighbourhood

The South Carolina Region 403(b) PlanThe South Carolina Region 40…$81MBmwc Constructors, Inc. Profit Sharing PlanBmwc Constructors, Inc. Prof…$81MSpectrum Control, Inc. 401(k) PlanSpectrum Control, Inc. 401(k…$81MModrall, Sperling, Roehl, Harris & Sisk, P.a. 401(k) Profit-Sharing Plan & TrustModrall, Sperling, Roehl, Ha…$81MBelimo Americas Savings Plan$81M
End-of-year total assets ($M) among The South Carolina Region 403(b) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$81M
Net Income$81M
Employer EIN561376950
Plan Effective Date2024-07-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Novant Health, Inc.)

Sponsor-wide plan assets over time

All Novant Health, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4.3B 36.898536416172156% vs 2022
2024 filing year
$3B$3.5B$4B$4.5B 202220232024 $3.15B $4.31B ▲ +36.8%
Year Plans Participants Total Assets
2022 2 58,998 $3.1B
2023 2 72,120 $3.7B
2024 3 77,326 $4.3B

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The South Carolina Region 403(b) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants The South Carolina Region 403(b) Plan, Total assets ($B): 0.080983586 · Participants: 999The South Carolina Region 403(b) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
The South Carolina Region 403(b) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

The South Carolina Region 403(b) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Bmwc Constructors, Inc. Profit Sharing Plan in IN ($81M); by covered participants it is Hard Rock Sacramento Retirement Plan in CA (999 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (999 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 have Novant Health, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Novant Health, Inc.'s sponsor-wide assets grew 36.9%, from $3.1B to $4.3B.
Where does The South Carolina Region 403(b) Plan rank by assets among Form 5500 filers?
The South Carolina Region 403(b) Plan ranks in the 89th 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 401(k) plans are similar in size to The South Carolina Region 403(b) Plan?
Among 401(k) plans in other states, the closest by assets is Bmwc Constructors, Inc. Profit Sharing Plan in IN ($81M, 317 participants).
Which 401(k) plans cover a similar participant headcount to The South Carolina Region 403(b) Plan?
Among 401(k) plans in other states, the closest by covered participants is Hard Rock Sacramento Retirement Plan in CA (999 participants, $19M in assets).