Other · DOL Form 5500 · 2024

Foundation for the Carolinas Retirement Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
179
Participants Small participant base
78th
Percentile by assets National rank
$181,404
Avg per participant Above avg balance/head
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Official DOL plan name: Foundation for the Carolinas DC Plan · Sponsored by Foundation for the Carolinas · North Carolina · Other Services

$32M in assets, 179 participants

Foundation for the Carolinas's Foundation for the Carolinas DC Plan reported $32M in total assets and 179 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #6,900 in Other Services (7,719 peers)

Coverage in North Carolina

Foundation for the Carolinas DC Plan covers 179 participants in North Carolina, about 22% of the average North Carolina filer (state average ~819 per filing). Assets: $32M.

#6,900
in Other Services (7,719 peers)
+9.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Foundation for the Carolinas DC Plan's outsized position by total assets

Foundation for the Carolinas DC Plan vs every filed plan by assets

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

$32,471,330 Top 22% higher than 78% 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

Foundation for the Carolinas DC 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. Foundation for the Carolinas DC Plan sits mid-pack in the medium band (179 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Foundation for the Carolinas DC Plan reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Foundation for the Carolinas DC Plan end-of-year assets rose from $30M in the plan year 2023 filing to $32M in the plan year 2024 filing.
  • Foundation for the Carolinas DC Plan reported participants rose from 165 in the plan year 2023 filing to 179 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 566047886 · Foundation for the Carolinas PY 2024 · Other

Foundation for the Carolinas DC Plan · $32M · 179 · 78th

  • EOY $32M
  • 5500 179
  • ASSETS 78th
  • PCT Other
  • EIN near Eagle Hill Foundation Inc. 403(b) Plan
  • RANK ind #6900

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 →

Foundation for the Carolinas DC Plan in the asset neighbourhood

Spalding University Defined Contribution Retirement PlanSpalding University Defined …$33MBancroft School DC Retirement PlanBancroft School DC Retiremen…$33MFoundation for the Carolinas DC PlanFoundation for the Carolinas…$32MEagle Hill Foundation Inc. 403(b) PlanEagle Hill Foundation Inc. 4…$32MJewish Federation of Metropolitan Detroit 403(b) PlanJewish Federation of Metropo…$32M
End-of-year total assets ($M) among Foundation for the Carolinas DC Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$32M
Net Income$3M
Employer EIN566047886
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Foundation for the Carolinas)

Sponsor-wide plan assets over time

All Foundation for the Carolinas plans reported in each filing year

Latest sponsor-wide plan assets
$32M 33.3724384309324% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.4M $32.5M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 140 $24M
2023 1 165 $30M
2024 1 179 $32M

Nearby Other Plans in North Carolina

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

Foundation for the Carolinas DC Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -5051015 Total assets ($B) Participants Foundation for the Carolinas DC Plan, Total assets ($B): 0.03247133 · Participants: 179Foundation for the Carolinas DC 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
Foundation for the Carolinas DC Plan vs. nearby Other plans in North Carolina, assets vs. participants
Compare Foundation for the Carolinas DC Plan side-by-side with 3 peers →

Foundation for the Carolinas DC Plan's out-of-state Other peers by assets and headcount

Outside North Carolina, the nearest Other by assets is Eagle Hill Foundation Inc. 403(b) Plan in CT ($32M); by covered participants it is Iha 401(k) and Retirement Savings Plan in IL (179 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (179 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 Foundation for the Carolinas DC Plan assets move in 2024? ▼
Foundation for the Carolinas DC Plan grew at a solid clip - up 9.7% during 2024, from $30M to $32M. Reported net income was $3M.
How have Foundation for the Carolinas plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Foundation for the Carolinas's sponsor-wide assets grew 33.4%, from $24M to $32M.
Where does Foundation for the Carolinas DC Plan rank by assets among Form 5500 filers? ▼
Foundation for the Carolinas DC Plan ranks in the 78th 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 Other plans are similar in size to Foundation for the Carolinas DC Plan? ▼
Among Other plans in other states, the closest by assets is Eagle Hill Foundation Inc. 403(b) Plan in CT ($32M, 115 participants).
Which Other plans cover a similar participant headcount to Foundation for the Carolinas DC Plan? ▼
Among Other plans in other states, the closest by covered participants is Iha 401(k) and Retirement Savings Plan in IL (179 participants, $82M in assets).

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 566047886.

Read our methodology - how this data is sourced, computed, and verified.

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