Wakemed Retirement Savings Plan — Form 5500 plan (Wakemed)
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, Wakemed Retirement Savings Plan is a benefit plan reported by Wakemed under EIN 56-6017737 and plan number 002. The latest loaded filing year is 2023. The filing reports 16,531 participants and $1,244,929,782 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Wakemed
- EIN
- 56-6017737
- Plan number
- 002
- Plan type
- 2
- Location
- Raleigh, NC
- Latest filing year
- 2023
- Participants
- 16,531
- End-of-year plan assets
- $1,244,929,782
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 16,531 | H, C | 20241010151202NAL0010173619001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,244,929,782
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,244,929,782
- Net assets (BOY)
- $1,117,339,710
Income & contributions
- Employer contributions
- $42,021,238
- Participant contributions
- $55,991,320
- Total contributions
- $103,134,837
- Total income / additions
- $271,214,690
Expenses & distributions
- Benefits paid
- $139,218,466
- Administrative expenses
- $565,448
- Total expenses
- $143,624,618
- Net increase / (decrease)
- $127,590,072
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $86,904 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $48,565 | $0 | 2023 |
| Transamerica Retirement Solutions | NONE | $90 | $0 | 2023 |
| National Financial Services | NONE | $0 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Wakemed
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Raleigh, NC
- Strategic Advisors, Inc. — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation
- Transamerica Retirement Solutions — Schedule C compensation
- National Financial Services — Schedule C compensation