Employer · plans filed under one EIN
Greater Baltimore Medical Center, Inc.
Baltimore, MD · Health care and social assistance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Greater Baltimore Medical Center, Inc., based in Baltimore, Maryland, sponsors 4 retirement plans with 100 or more participants: 3 defined contribution and 1 defined benefit. Together they reported 12,470 participant records and $498M in net assets.
The largest is GBMC, Inc. Voluntary 403(b) Plan, a 403(b) plan with 5,564 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $6.9M and participant contributions $21.9M in the latest plan years; benefits paid were $49.0M. Schedule C compensation reported to service provider organisations totalled $826K.
Combined net assets moved from $98.6M in 2009 to $498M in 2024 (up 405%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| GBMC, Inc. Voluntary 403(b) Plan | 403(b) plan | 2024 | 5,564 | $318M | $57,180 | $0 | $399K |
| GBMC, Inc. 401(a) Defined Contribution Plan | profit-sharing plan | 2024 | 5,539 | $143M | $25,792 | $1,461 | $191K |
| Pension Plan for Members of the Bargaining Unit of Greater Baltimore Medical Center | cash balance pension plan | 2024 | 841 | $35.8M | $42,576 | $850 | $223K |
| GBMC, Inc. 401(a) Defined Contribution Plan for Members of the Bargaining Unit of Greater Baltimore Medical Center | profit-sharing plan | 2024 | 526 | $1.2M | $2,259 | $223 | $13K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 4 | 12,470 | $498M | $6.9M | $21.9M |
| 2023 | 4 | 12,729 | $461M | $7.7M | $20.4M |
| 2022 | 4 | 12,152 | $415M | $9.6M | $19.3M |
| 2021 | 4 | 12,106 | $373M | $10.0M | $19.4M |
| 2020 | 4 | 12,114 | $439M | $14.8M | $17.1M |
| 2019 | 4 | 12,377 | $329M | $9.6M | $16.3M |
| 2018 | 4 | 11,850 | $314M | $8.3M | $14.8M |
| 2017 | 4 | 11,332 | $290M | $8.3M | $13.7M |
| 2016 | 4 | 10,884 | $265M | $8.9M | $12.8M |
| 2015 | 4 | 10,750 | $227M | $7.8M | $12.2M |
| 2014 | 4 | 10,324 | $228M | $7.4M | $11.7M |
| 2013 | 4 | 10,077 | $216M | $7.5M | $11.4M |
| 2012 | 4 | 9,922 | $175M | $8.6M | $10.6M |
| 2011 | 4 | 9,741 | $143M | $8.5M | $10.4M |
| 2010 | 4 | 9,527 | $131M | $8.8M | $9.6M |
| 2009 | 4 | 9,423 | $98.6M | $8.6M | $9.1M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Empower Life & Annuity Insurance | — | 2 | $474,459 |
| Bolton Partners Inc. | Actuarial | 1 | $97,979 |
| BDO USA, LLP | Accounting (including auditing) | 4 | $88,518 |
| OneDigital Investment Advisors Inc. | Investment management | 2 | $74,788 |
| Legal & General Investment MGMT | Investment advisory (plan) | 1 | $59,675 |
| PNC Bank, N.A. | Investment advisory (plan); Trustee (bank, trust company, or similar financial institution) | 1 | $18,869 |
| Aon Hewitt | Recordkeeping and information management | 1 | $6,120 |
| Smith & Downey | Legal | 1 | $4,240 |
| Charles Schwab Co. Inc. | Securities brokerage | 3 | $930 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Greater Baltimore Medical Center, Inc. have?
4 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: GBMC, Inc. Voluntary 403(b) Plan, GBMC, Inc. 401(a) Defined Contribution Plan, Pension Plan for Members of the Bargaining Unit of Greater Baltimore Medical Center and GBMC, Inc. 401(a) Defined Contribution Plan for Members of the Bargaining Unit of Greater Baltimore Medical Center. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Greater Baltimore Medical Center, Inc. contribute to its plans?
$6,890,000 in employer contributions across these plans in their latest plan years, about $702 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Empower Life & Annuity Insurance, Bolton Partners Inc., BDO USA, LLP and OneDigital Investment Advisors Inc. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.