Employer · plans filed under one EIN
Shore Memorial Hospital DBA Shore Medical Center
Somers Point, NJ · 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.
Shore Memorial Hospital DBA Shore Medical Center, based in Somers Point, New Jersey, sponsors 3 retirement plans with 100 or more participants: 2 defined contribution and 1 defined benefit. Together they reported 3,435 participant records and $268M in net assets.
The largest is Shore Medical Center 401(k) Savings and Retirement Plan, a 401(k) plan with 2,022 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 $6.1M and participant contributions $5.9M in the latest plan years; benefits paid were $19.8M. Schedule C compensation reported to service provider organisations totalled $704K.
Combined net assets moved from $117M in 2009 to $268M in 2024 (up 129%). 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 |
|---|---|---|---|---|---|---|---|
| Shore Medical Center 401(k) Savings and Retirement Plan | 401(k) plan | 2024 | 2,022 | $57.9M | $28,647 | $1,227 | $187K |
| Shore Medical Center Pension Plan | defined benefit pension plan | 2024 | 957 | $168M | $176,036 | $19,313 | $393K |
| Shore Medical Center 403(b) Plan | 403(b) plan | 2024 | 456 | $41.8M | $91,599 | — | $125K |
| 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 | 3 | 3,435 | $268M | $6.1M | $5.9M |
| 2023 | 3 | 3,335 | $259M | $7.7M | $5.5M |
| 2022 | 3 | 2,985 | $229M | $11.5M | $4.9M |
| 2021 | 3 | 3,241 | $280M | $7.5M | $4.7M |
| 2020 | 3 | 3,057 | $250M | $6.7M | $4.3M |
| 2019 | 3 | 3,139 | $234M | $9.6M | $4.4M |
| 2018 | 3 | 3,169 | $206M | $5.2M | $4.0M |
| 2017 | 3 | 3,212 | $220M | $6.3M | $3.8M |
| 2016 | 3 | 3,356 | $205M | $7.7M | $3.5M |
| 2015 | 3 | 3,583 | $195M | $8.1M | $3.4M |
| 2014 | 3 | 3,779 | $200M | $9.2M | $3.5M |
| 2013 | 3 | 3,922 | $196M | $8.5M | $3.6M |
| 2012 | 3 | 4,224 | $168M | $8.7M | $3.4M |
| 2011 | 3 | 4,120 | $148M | $11.0M | $2.8M |
| 2010 | 3 | 4,036 | $139M | $10.4M | $3.2M |
| 2009 | 3 | 3,608 | $117M | $5.8M | $2.5M |
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 |
|---|---|---|---|
| CBIZ | Actuarial; Recordkeeping and information management; Consulting (pension); Participant communication | 1 | $199,139 |
| Empower Annuity Insurance Company | Recordkeeping and information management; Participant loan processing | 2 | $192,064 |
| PNC | Investment management | 1 | $157,955 |
| Janney Montgomery Scott LLC | Investment advisory (plan) | 2 | $112,006 |
| Prudential Insurance Company | Investment management | 1 | $23,448 |
| CAPTRUST | Investment management | 1 | $12,500 |
| Empower Advisory Group, LLC | Investment advisory (participants); Investment management | 2 | $7,350 |
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 Shore Memorial Hospital DBA Shore Medical Center have?
3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Shore Medical Center 401(k) Savings and Retirement Plan, Shore Medical Center Pension Plan and Shore Medical Center 403(b) Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Shore Memorial Hospital DBA Shore Medical Center contribute to its plans?
$6,107,353 in employer contributions across these plans in their latest plan years, about $3,402 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 CBIZ, Empower Annuity Insurance Company, PNC and Janney Montgomery Scott LLC 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.