Retirement plan
PENSION PLAN OF NORTH CAROLINA BAPTIST HOSPITAL
NORTH CAROLINA BAPTIST HOSPITALEIN 56-0552787Plan #001PY 2024
Prospect flagsHigh retiree %
Filing contacts
From the Form 5500, federal recordPlan administrator signer
STACYE FURMANEK
Signed 10/10/2025
Summary metrics
Total assets (EOY)
$334.9M
+9.6% from 2016
Total participants
6,682
+12.3% from 2016
Average account balance
$0
No prior year
Annual return
6.81%
+2.47 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants1,000-4,999
Cohort88 peers
Snapshot2024
0
Participant deferral / active EE
$0
median $93
21
Employer contribution / active EE
$2,294
median $6,672
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
61
Annual return
6.81%
median 5.50%
Overall peer rank
41of 100
41st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$334.90M
Average account balance
Total assets / participants with a balance (line 6g)
$50K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
4,791
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$4.34M
Contributions per participant
Average employer and participant contribution per enrolled participant
$2K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+6.81%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 4 by compensation
| Provider | Service type | Compensation |
|---|---|---|
AON CONSULTING10+ years Service code 15 · EIN 23-2293237 | Recordkeeping | $710,520 |
HIGHLAND CONSULTING8 years Service code 17 159 CROCKER PARK BLVD · CLEVELAND, OH 44145 | Pension Consulting | $91,530 |
Service code 11 1120 SOUTH TRYON STREET · CHARLOTTE, NC 282030002 | Actuarial | $60,716 |
CLIFTONLARSONALLEN LLP1 year Service code 10 · EIN 41-0746749 | Accounting | $25,594 |
Enrolled actuary
1 attachment
SB
ANDREW NYCE
WILLIS TOWERS WATSON US LLC
Enrollment #2306981
1120 SOUTH TRYON STREET
SUITE 650
CHARLOTTE, NC 282030002
(704) 620-6480
Signed 2025-10-09
Top hat statement on fileNQDC
Filed April 9, 2007 (most recent of 3 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Plan features & details
Pension benefit codes1A1I3H
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1IFrozen planAs of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
1 tripped
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Expense breakdown
Schedule H Part II
Admin total
$5.0M
$2645 / participant
- Contract admin$1M28.5%
- Other / not subdivided$4M71.5%
% of EOY assets
1.494%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- CLIFTONLARSONALLEN LLP
- Auditor EIN
- 410746749
- Audit fees
- $25,594
- Opinion code
- Unqualified