401(k) · DOL Form 5500 · 2024

Scotland Memorial Hospital, Inc. 401(k) Plan

Data updated 2026-08-25

$79M
Total assets Below avg plan size
1,257
Participants Near avg headcount
89th
Percentile by assets National rank
$62,991
Avg per participant Low balance/head
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Official DOL plan name: Scotland Memorial Hospital, Inc. 403(b) Retirement Plan · Sponsored by Scotland Memorial Hospital, Inc. · North Carolina · Healthcare & Social Assistance

$79M in assets, 1,257 participants

Scotland Memorial Hospital, Inc.'s Scotland Memorial Hospital, Inc. 403(b) Retirement Plan reported $79M in total assets and 1,257 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.

  • #15,261 in Healthcare & Social Assistance (16,916 peers)

Where Scotland Memorial Hospital, Inc. 403(b) Retirement Plan sits by assets

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan sits in the top quartile of all filed plans by assets, $79M for 1,257 participants (~$62,991/participant), up 16.7% in 2024.

#15,261
in Healthcare & Social Assistance (16,916 peers)
+16.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan's outsized position by total assets

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan vs every filed plan by assets

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

$79,180,046 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

Scotland Memorial Hospital, Inc. 403(b) Retirement 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. Scotland Memorial Hospital, Inc. 403(b) Retirement Plan lands in the large band (1,257 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Scotland Memorial Hospital, Inc. 403(b) Retirement Plan end-of-year assets rose from $68M in the plan year 2023 filing to $79M in the plan year 2024 filing.
  • Scotland Memorial Hospital, Inc. 403(b) Retirement Plan reported participants rose from 1,106 in the plan year 2023 filing to 1,257 in the plan year 2024 filing.
  • Scotland Memorial Hospital, Inc. 403(b) Retirement Plan reported net income fell from $12M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 560583151 · Scotland Memorial Hospital, Inc. PY 2024 · 401(k)

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan · $79M · 1,257 · 89th

  • BOY $79M
  • SCH 1,257
  • EBSA 89th
  • PART 401(k)
  • TYPE near Serigraph, Inc. 401(k) Savings Plan
  • NET ind #15261

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 →

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan in the asset neighbourhood

Physical Sciences Inc. 401(k) PlanPhysical Sciences Inc. 401(k…$79MEmergency Technology, Inc. 401(k) and Employee Stock Ownership PlanEmergency Technology, Inc. 4…$79MScotland Memorial Hospital, Inc. 403(b) Retirement PlanScotland Memorial Hospital, …$79MSerigraph, Inc. 401(k) Savings PlanSerigraph, Inc. 401(k) Savin…$79MCbc/Cts 401(k) Plan$79M
End-of-year total assets ($M) among Scotland Memorial Hospital, Inc. 403(b) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$79M
Net Income$11M
Employer EIN560583151
Plan Effective Date1996-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scotland Memorial Hospital, Inc.)

Sponsor-wide plan assets over time

All Scotland Memorial Hospital, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$79M 38.57469134771842% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $57.1M $79.2M ▲ +38.6%
Year Plans Participants Total Assets
2022 1 N/A $57M
2023 1 1,106 $68M
2024 1 1,257 $79M

Nearby 401(k) Plans in North Carolina

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

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Scotland Memorial Hospital, Inc. 403(b) Retirement Plan, Total assets ($B): 0.079180046 · Participants: 1257Scotland Memorial Hospital, Inc. 403(b) Retirement 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
Scotland Memorial Hospital, Inc. 403(b) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Scotland Memorial Hospital, Inc. 403(b) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Serigraph, Inc. 401(k) Savings Plan in WI ($79M); by covered participants it is Bankers Healthcare Group, LLC Employees' 401(k) Retirement Plan in NY (1,257 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($79M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,257 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 Scotland Memorial Hospital, Inc. 403(b) Retirement Plan assets move in 2024?
Scotland Memorial Hospital, Inc. 403(b) Retirement Plan grew sharply - up 16.7% during 2024, from $68M to $79M. Reported net income was $11M.
How have Scotland Memorial Hospital, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Scotland Memorial Hospital, Inc.'s sponsor-wide assets grew 38.6%, from $57M to $79M.
Where does Scotland Memorial Hospital, Inc. 403(b) Retirement Plan rank by assets among Form 5500 filers?
Scotland Memorial Hospital, Inc. 403(b) Retirement 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 Scotland Memorial Hospital, Inc. 403(b) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Serigraph, Inc. 401(k) Savings Plan in WI ($79M, 341 participants).
Which 401(k) plans cover a similar participant headcount to Scotland Memorial Hospital, Inc. 403(b) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Bankers Healthcare Group, LLC Employees' 401(k) Retirement Plan in NY (1,257 participants, $91M in assets).