Caromont Health, Inc. Retirement Savings Plan — Form 5500 plan (Caromont Health, Inc.)

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, Caromont Health, Inc. Retirement Savings Plan is a benefit plan reported by Caromont Health, Inc. under EIN 58-1636959 and plan number 002. The latest loaded filing year is 2023. The filing reports 4,961 participants and $444,128,487 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Caromont Health, Inc.
EIN
58-1636959
Plan number
002
Plan type
2
Location
Gastonia, NC
Latest filing year
2023
Participants
4,961
End-of-year plan assets
$444,128,487

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,961H, C20241015135857NAL0029875313001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$444,128,487
Total liabilities (EOY)
$0
Net assets (EOY)
$444,128,487
Net assets (BOY)
$374,675,935

Income & contributions

Employer contributions
$13,680,898
Participant contributions
$18,886,785
Total contributions
$34,952,558
Total income / additions
$98,961,364

Expenses & distributions

Benefits paid
$29,326,644
Administrative expenses
$43,978
Total expenses
$29,508,812
Net increase / (decrease)
$69,452,552

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln National CorporationSERVICE PROVIDER$43,978$02023

Related Form 5500 pages