Other · DOL Form 5500 · 2022
Carilion Clinic Retirement Plan
Data updated 2026-08-11
- $597M
- Total assets
- 12,418
- Participants
- 98th
- Percentile by assets
- $48,065
- Avg per participant
Official DOL plan name: Carilion Clinic 403(b) Retirement Savings Plan · Sponsored by Carilion Clinic · Virginia · Healthcare & Social Assistance
$597M in assets, 12,418 participants
Carilion Clinic's Carilion Clinic 403(b) Retirement Savings Plan reported $597M in total assets and 12,418 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #19,742 in Healthcare & Social Assistance (20,060 peers)
Coverage in Virginia
Carilion Clinic 403(b) Retirement Savings Plan covers 12,418 participants in Virginia, 16x the typical Virginia plan (state average ~782 per filing). Assets: $597M.
- $597M
- total plan assets (2022 EOY)
- 12,418
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $48,065
- avg assets per participant
The plan reported a net loss of $105M 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. Carilion Clinic 403(b) Retirement Savings Plan reports 12,418 participants - 16x that state average ($597M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $702M |
|---|---|
| Net Assets (End of Year) | $597M |
| Net Income | -$105M |
| Employer EIN | 541190771 |
| Plan Effective Date | 1995-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Carilion Clinic)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 25,551 | $2.0B |
| 2023 | 3 | 26,344 | $2.3B |
| 2024 | 3 | 26,103 | $2.4B |
Nearby Other Plans in Virginia
Peer Other plans, same state, same plan type, ranked by total assets.
Carilion Clinic 403(b) Retirement Savings Plan vs. nearby Other plans in Virginia, assets vs. participants
- Sentara 403(b) Savings Plan $2.7B · 26,421
- The George Washington University Supplemental Retirement Plan $1.4B · 7,903
- Institute for Defense Analyses Tax Deferred Annuity Plan $719M · 1,346
- Centra Health Matching Tax Deferred Savings Plan $595M · 6,854
- University of Richmond Defined Contribution Retirement Plan $556M · 1,837
Scale composition for Carilion Clinic 403(b) Retirement Savings Plan
Carilion Clinic 403(b) Retirement Savings Plan reports $597M in end-of-year assets across 12,418 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $48,065 per participant (35% of the national average assets-per-participant) . Net income for plan year 2022 was -$105M.
This plan identity (EIN 541190771, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $597M to $822M (+37.7%) while covered participants moved from 12,418 to 13,296 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,418 | $597M | This page |
| 2023 | 12,978 | $722M | Open filing |
| 2024 · index core | 13,296 | $822M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Retirement Plan of Carilion Clinic (Defined Benefit (Pension), $1.4B, 10,559 participants)
- Carilion Clinic 403(b) Retirement Savings Plan (Other, $822M, 13,296 participants)
- Carilion Clinic 401(k) Retirement Savings Plan (401(k), $135M, 2,248 participants)
Similar-Sized Other Plans Nationally
Other plans in other states closest to Carilion Clinic 403(b) Retirement Savings Plan by total assets, not by location.
- Research Foundation of the City University of New York Defined Contribution Retirement Plan (NY) $595M · 8,264
- Dana-Farber Cancer Institute Tax Deferred Annuity Plan (MA) $595M · 6,492
- Baptist Health System, Inc. Matched Savings Plan (FL) $593M · 11,219
- City of Hope National Medical Center Tax-Deferred Annuity Plan (CA) $591M · 7,898
Frequently Asked Questions
How did Carilion Clinic 403(b) Retirement Savings Plan assets move in 2022? ▼
How have Carilion Clinic plan assets changed over time? ▼
Where does Carilion Clinic 403(b) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to Carilion Clinic 403(b) Retirement Savings Plan? ▼
Next read for Carilion Clinic 403(b) Retirement Saving…
Filing takeaways
Ways to act on Carilion Clinic 403(b) Retirement Savings Plan's numbers.
- By total assets, Carilion Clinic 403(b) Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Virginia. Compare plans
- Carilion Clinic's sponsor-wide assets have grown 20.7% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans