Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
WAKEMED
EIN 56-6017737hospital & health careLatest filing 2024
Plans
3
Retirement
2
$1.54B assets
Welfare
1
$12.0M premiums
Participants
27,701
3000 NEW BERN AVENUE - RALEIGH, NC 27610919-350-8000wakemed.orgLinkedIn5001-10000 employeeshospital & health care
Plans on this EIN
3 filingsRetirement portfolio analytics
2 plans aggregated / $1.54B assets / 19,223 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
1 plan / $12.0M premiums / 12,944 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$5.1M
- Life$3.3M
- Short-term disability$3.0M
- Long-term disability$2.5M
- Vision$1.4M
Carrier market share
Premium dollars by Schedule A carrier
74%top
- THE LINCOLN NATIONAL LIFE INSURANCE COMPANY74%
- RELIASTAR LIFE INSURANCE COMPANY14%
- FIDELITY SECURITY LIFE INSURANCE COMPANY11%
- PRE-PAID LEGAL SERVICES INC DBA LEGALSHIELD1%
Broker market share
Schedule A broker compensation
99%top
- MARSH & MCLENNAN AGENCY LLC99%
- WILLIAM J. EARMAN1%
- MARK C SPESSARD0%
- DORSEY & ASSOCIATES, INC.0%
- THOMPSON SUCCESS PARTNERS, INC.0%
- +1 more
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#002
WAKEMED RETIREMENT SAVINGS PLAN
403b
Assets$1.44B
Participants15,820
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001
WAKEMED PENSION PLAN
CashBalance
Assets$96.9M
Participants3,403
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
WAKEMED FLEXIBLE COMPENSATION AND WELFARE BENEFITS PLAN
Mixed - THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
Premiums$12.0M
Covered lives12,944
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 002 | WAKEMED RETIREMENT SAVINGS PLAN | 403b | $1.44B | 15,820 | 2024 | |
| 001 | WAKEMED PENSION PLAN | CashBalance | $96.9M | 3,403 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | WAKEMED FLEXIBLE COMPENSATION AND WELFARE BENEFITS PLAN | Mixed | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $12.0M | 12,944 | 2024 |
Retirement plans
Welfare plans