Defined Benefit (Pension) · DOL Form 5500 · 2024
Wayne Memorial Hospital, Inc. Pension Plan
Data updated 2026-08-11
- $127M
- Total assets
- 221
- Participants
- 92nd
- Percentile by assets
- $572,445
- Avg per participant
Official DOL plan name: Pension Plan of Wayne Memorial Hospital, Inc. · Sponsored by Wayne Memorial Hospital, Inc. · North Carolina · Healthcare & Social Assistance
$127M in assets, 221 participants
Wayne Memorial Hospital, Inc.'s Pension Plan of Wayne Memorial Hospital, Inc. reported $127M in total assets and 221 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 123,622 plans)
- #15,739 in Healthcare & Social Assistance (16,916 peers)
Coverage in North Carolina
Pension Plan of Wayne Memorial Hospital, Inc. covers 221 participants in North Carolina, about 27% of the average North Carolina filer (state average ~819 per filing). Assets: $127M.
- $127M
- total plan assets (2024 EOY)
- 221
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- $572,445
- avg assets per participant
The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pension Plan of Wayne Memorial Hospital, Inc. reported net income fell from $9M in the plan year 2023 filing to -$6M in the plan year 2024 filing.
- Pension Plan of Wayne Memorial Hospital, Inc. reported participants fell from 263 in the plan year 2023 filing to 221 in the plan year 2024 filing.
- Pension Plan of Wayne Memorial Hospital, Inc. end-of-year assets fell from $132M in the plan year 2023 filing to $127M in the plan year 2024 filing.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Pension Plan of Wayne Memorial Hospital, Inc. reports 221 participants - about 27% of that state average ($127M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $132M |
|---|---|
| Net Assets (End of Year) | $127M |
| Net Income | -$6M |
| Employer EIN | 561484844 |
| Plan Effective Date | 1985-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wayne Memorial Hospital, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 3,118 | $226M |
| 2023 | 3 | 3,220 | $249M |
| 2024 | 3 | 3,355 | $259M |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Pension Plan of Wayne Memorial Hospital, Inc. vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- Honeywell Retirement Earnings Plan $16.6B · 9,923
- Truist Financial Corporation Pension Plan $14.7B · 38,548
- Duke Energy Retirement Cash Balance Plan $4.7B · 13,576
- Employees' Retirement Plan of Duke University $2.8B · 22,655
- The Hearst Corporation Retirement Plan $2.4B · 1,745
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Pension Plan of Wayne Memorial Hospital, Inc. by total assets, not by location.
- Borgwarner Inc. Retirement Plan (MI) $127M · 381
- Nfl Player Cash Balance Plan (MD) $127M · 1,317
- Comau LLC Employees' Retirement Income Plan (MI) $127M · 321
- West Valley Pension Plan (NY) $126M · 104
Frequently Asked Questions
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Filing takeaways
Ways to act on Pension Plan of Wayne Memorial Hospital, Inc.'s numbers.
- By total assets, Pension Plan of Wayne Memorial Hospital, Inc. ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
- Wayne Memorial Hospital, Inc.'s sponsor-wide assets have grown 14.6% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans