Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Boys and Girls Homes of North Carolina 403(b) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Boys and Girls Homes of North Carolina · North Carolina · Healthcare & Social Assistance

What the 2023 filing shows

Boys and Girls Homes of North Carolina 403(b) Plan holds $818K for 117 participants — about $6,995 per participant, up 39.9% over the 2024 plan year.

$818K
total plan assets (2024 EOY)
117
covered participants
$6,995
avg assets per participant
+39.9%
assets growth YoY
Total Assets (2023)
$818K
Participants
117
Industry
Healthcare & Social Assistance

What the Filing Says About Boys and Girls Homes of North Carolina 403(b) Plan

Boys and Girls Homes of North Carolina 403(b) Plan is a Profit Sharing retirement plan sponsored by Boys and Girls Homes of North Carolina, headquartered in North Carolina. As of the 2024 Form 5500 filing, the plan reports $818K in total end-of-year assets and covers 117 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 581387871, and the plan has been effective since 2022-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $585K at the beginning of 2024 to $818K at year-end — a gain of 39.9%. Net assets (after liabilities) closed the year at $818K, with reported net income of $233K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$585K
Total Assets (End of Year)$818K
Net Assets (End of Year)$818K
Net Income$233K
Plan TypeProfit Sharing
Employer EIN581387871
Plan Effective Date2022-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boys and Girls Homes of North Carolina)

Year Plans Participants Total Assets
2022 2 208 $5M
2023 1 137 $585K
2024 1 117 $818K

Nearby Profit Sharing Plans in North Carolina

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Boys and Girls Homes of North Carolina 403(b) Plan?
As of the 2024 Form 5500 filing, Boys and Girls Homes of North Carolina 403(b) Plan holds $818K in total assets with 117 participants. It is sponsored by Boys and Girls Homes of North Carolina.
What type of plan is Boys and Girls Homes of North Carolina 403(b) Plan?
Boys and Girls Homes of North Carolina 403(b) Plan is a Profit Sharing plan. It has been effective since 2022-03-01. The plan is filed with the U.S. Department of Labor under EIN 581387871.
Who sponsors the Boys and Girls Homes of North Carolina 403(b) Plan?
Boys and Girls Homes of North Carolina 403(b) Plan is sponsored by Boys and Girls Homes of North Carolina, located in North Carolina. The sponsor's EIN is 581387871 and the plan operates in the Healthcare & Social Assistance industry.
How did Boys and Girls Homes of North Carolina 403(b) Plan perform in 2024?
Boys and Girls Homes of North Carolina 403(b) Plan grew by 39.9% during 2024, moving from $585K to $818K in total assets. Net income was $233K.
Where can I find official filings for Boys and Girls Homes of North Carolina 403(b) Plan?
Official Form 5500 filings for Boys and Girls Homes of North Carolina 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 581387871 or plan name at efast.dol.gov.
How does Boys and Girls Homes of North Carolina 403(b) Plan compare to other plans?
You can compare Boys and Girls Homes of North Carolina 403(b) Plan against other Profit Sharing plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 581387871.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.