Wake Forest Baptist Medical Center 403(B) Retirement Savings Plan — Form 5500 plan (Wake Forest University Baptist Medical Center)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Wake Forest Baptist Medical Center 403(B) Retirement Savings Plan is a benefit plan reported by Wake Forest University Baptist Medical Center under EIN 51-0190238 and plan number 002. The latest loaded filing year is 2023. The filing reports 32,934 participants and $3,192,820,786 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Wake Forest University Baptist Medical Center
EIN
51-0190238
Plan number
002
Plan type
2
Location
Winston-Salem, NC
Latest filing year
2023
Participants
32,934
End-of-year plan assets
$3,192,820,786

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202332,934H, C20250512135623NAL0038678370001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$3,192,820,786
Net assets (EOY)
$3,192,820,786
Net assets (BOY)
$2,676,072,314

Income & contributions

Employer contributions
$131,582,053
Participant contributions
$134,802,225
Total contributions
$277,256,985
Total income / additions
$702,874,343

Expenses & distributions

Benefits paid
$182,470,751
Administrative expenses
$1,714,997
Total expenses
$186,164,147
Net increase / (decrease)
$516,710,196

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORD KEEPER$1,275,685$02023
Tiaa CrefRECORD KEEPER$324,889$02023
Morgan StanleyINVESTMENT ADVISOR$100,000not reported in the loaded dataset2023
Butler & Burke LlpAUDITOR$14,250not reported in the loaded dataset2023
ValicBROKER$1,176not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORD KEEPER$173$02023
National Financial ServicesSECURITIES BROKER$0$02023

Related Form 5500 pages