Profit Sharing · DOL Form 5500 · 2022

The Governing Committee of the Section 403(b) Defined Contribution Profit Sharing Plan

Data updated 2026-08-11

$889M
Total assets
4,858
Participants
99th
Percentile by assets
$182,994
Avg per participant
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Official DOL plan name: Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia · Sponsored by The Governing Committee of the Section 403(b) Defined Contribution · Virginia · Educational Services

$889M in assets, 4,858 participants

The Governing Committee of the Section 403(b) Defined Contribution's Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reported $889M in total assets and 4,858 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,126 plans)
  • #3,953 in Educational Services (4,024 peers)

Coverage in Virginia

Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia covers 4,858 participants in Virginia, 6.2x the typical Virginia plan (state average ~782 per filing). Assets: $889M.

$889M
total plan assets (2022 EOY)
4,858
covered participants
99th
percentile by assets (of 139,126 plans)
$182,994
avg assets per participant

The plan reported a net loss of $151M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reports 4,858 participants - 6.2x that state average ($889M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$889M
Net Income-$151M
Employer EIN824833402
Plan Effective Date2018-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Governing Committee of the Section 403(b) Defined Contribution)

$0.8B$1B$1.2B$1.4B 202220232024 $0.89B $1.28B â–˛ +43.8%
Total plan assets by year, all The Governing Committee of the Section 403(b) Defined Contribution plans on file
Year Plans Participants Total Assets
2022 1 4,858 $889M
2023 1 5,192 $1.1B
2024 1 5,562 $1.3B

Nearby Profit Sharing Plans in Virginia

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia vs. nearby Profit Sharing plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 02004006008001000 Total assets ($M) Participants Section 403(b) Defin…Carpenter Co. Profit…American Institutes …Analytic Services In…Smart National Suppl…Hii Avondale Industr…
Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia by total assets, not by location.

Frequently Asked Questions

How did Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia assets move in 2022?
Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia pulled back noticeably - down 14.0% during 2022, from $1.0B to $889M. Reported net income was -$151M.
How have The Governing Committee of the Section 403(b) Defined Contribution plan assets changed over time?
Across 3 plan years on file (2022-2024), The Governing Committee of the Section 403(b) Defined Contribution's sponsor-wide assets grew 44.4%, from $889M to $1.3B.
Where does Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia rank by assets among Form 5500 filers?
Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Profit Sharing plans are similar in size to Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia?
Among Profit Sharing plans in other states, the closest by assets is Accenture United States Discretionary Profit Sharing Plan in IL ($893M, 10,992 participants).

Next read for Section 403(b) Defined Contribution Plan…

Filing takeaways

Ways to act on Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia's numbers.

  • By total assets, Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Virginia. Compare plans
  • The Governing Committee of the Section 403(b) Defined Contribution's sponsor-wide assets have grown 44.4% since 2022 across 3 plan years on file. More Educational Services plans