Other · DOL Form 5500 · 2024

MONARCH Retirement Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
1,567
Participants Near avg headcount
64th
Percentile by assets National rank
$9,290
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Monarch 403(b) Plan · Sponsored by MONARCH · North Carolina · Other Services

$15M in assets, 1,567 participants

MONARCH's Monarch 403(b) Plan reported $15M in total assets and 1,567 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • #6,151 in Other Services (7,719 peers)

MONARCH multi-year trail

MONARCH's plans moved +30.4% in assets from 2022 to 2024; this filing shows Monarch 403(b) Plan at $15M / 1,567 participants.

#6,151
in Other Services (7,719 peers)
+22.2%
assets growth YoY

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

Monarch 403(b) Plan vs every filed plan by assets

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

$14,557,660 Top 36% higher than 64% 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

Monarch 403(b) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Monarch 403(b) Plan lands in the large band (1,567 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Monarch 403(b) Plan reported net income rose from $747K in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Monarch 403(b) Plan end-of-year assets rose from $12M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Monarch 403(b) Plan reported participants fell from 1,646 in the plan year 2023 filing to 1,567 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 561326126 · MONARCH PY 2024 · Other

Monarch 403(b) Plan · $15M · 1,567 · 64th

  • RANK $15M
  • PHOTO 1,567
  • IND 64th
  • EOY Other
  • 5500 near Museum of Flight 403(b) Plan
  • ASSETS ind #6151

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 →

Monarch 403(b) Plan in the asset neighbourhood

Greater Mental Health of New York 403(b) PlanGreater Mental Health of New…$15MWestmoreland Casemanagement and Supports, Inc. Employee's Pension PlanWestmoreland Casemanagement …$15MMonarch 403(b) Plan$15MMuseum of Flight 403(b) Plan$15MVesta, Inc. 403(b) Plan$15M
End-of-year total assets ($M) among Monarch 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

MONARCH multi-year asset trail

Sponsor-wide plan assets over time

All MONARCH plans reported in each filing year

Latest sponsor-wide plan assets
$15M 30.35227544711257% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.2M $14.6M ▲ +30.3%
Year Plans Participants Total Assets
2022 1 1,581 $11M
2023 1 1,646 $12M
2024 1 1,567 $15M

MONARCH filing trail (2024)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$15M
Net Income$3M
Employer EIN561326126
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Nearby Other Plans in North Carolina

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

Monarch 403(b) Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -5051015 Total assets ($B) Participants Monarch 403(b) Plan, Total assets ($B): 0.01455766 · Participants: 1567Monarch 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
Monarch 403(b) Plan vs. nearby Other plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest Other by assets is Museum of Flight 403(b) Plan in WA ($15M); by covered participants it is Upstate Caring Partners 403(b) Retirement Plan in NY (1,567 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,567 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 Monarch 403(b) Plan assets move in 2024?
Monarch 403(b) Plan grew sharply - up 22.2% during 2024, from $12M to $15M. Reported net income was $3M.
How have MONARCH plan assets changed over time?
Across 3 plan years on file (2022-2024), MONARCH's sponsor-wide assets grew 30.4%, from $11M to $15M.
Which Other plans are similar in size to Monarch 403(b) Plan?
Among Other plans in other states, the closest by assets is Museum of Flight 403(b) Plan in WA ($15M, 195 participants).
Which Other plans cover a similar participant headcount to Monarch 403(b) Plan?
Among Other plans in other states, the closest by covered participants is Upstate Caring Partners 403(b) Retirement Plan in NY (1,567 participants, $66M in assets).