401(k) · DOL Form 5500 · 2022

Inova Health System 401(k) Plan

Data updated 2026-08-11

$2.4B
Total assets
17,915
Participants
100th
Percentile by assets
$131,586
Avg per participant
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Official DOL plan name: Inova Health System Retirement Savings Plan · Sponsored by Inova Health System · Virginia · Healthcare & Social Assistance

$2.4B in assets, 17,915 participants

Inova Health System's Inova Health System Retirement Savings Plan reported $2.4B in total assets and 17,915 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 139,126 plans)
  • #20,000 in Healthcare & Social Assistance (20,060 peers)

Coverage in Virginia

Inova Health System Retirement Savings Plan covers 17,915 participants in Virginia, 23x the typical Virginia plan (state average ~782 per filing). Assets: $2.4B.

$2.4B
total plan assets (2022 EOY)
17,915
covered participants
100th
percentile by assets (of 139,126 plans)
$131,586
avg assets per participant

The plan reported a net loss of $380M 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. Inova Health System Retirement Savings Plan reports 17,915 participants - 23x that state average ($2.4B EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$2.7B
Net Assets (End of Year)$2.4B
Net Income-$380M
Employer EIN541071867
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inova Health System)

$2B$2.5B$3B$3.5B$4B 202220232024 $2.49B $3.65B ▲ +46.6%
Total plan assets by year, all Inova Health System plans on file
Year Plans Participants Total Assets
2022 2 35,478 $2.5B
2023 2 39,461 $3.1B
2024 2 43,773 $3.7B

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Inova Health System Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Inova Health System Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 010203040 Total assets ($B) Participants Inova Health System …Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Inova Health System Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Scale composition for Inova Health System Retirement Savings Plan

Inova Health System Retirement Savings Plan reports $2.4B in end-of-year assets across 17,915 participants (0.019% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.019% of 93,925,755 covered participants) - about $131,586 per participant (95% of the national average assets-per-participant) . Net income for plan year 2022 was -$380M.

This plan identity (EIN 541071867, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.4B to $3.5B (+48.3%) while covered participants moved from 17,915 to 21,716 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 17,915 $2.4B This page
2023 19,635 $2.9B Open filing
2024 · index core 21,716 $3.5B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Inova Health System Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Inova Health System Retirement Savings Plan assets move in 2022?
Inova Health System Retirement Savings Plan pulled back noticeably - down 13.9% during 2022, from $2.7B to $2.4B. Reported net income was -$380M.
How have Inova Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Inova Health System's sponsor-wide assets grew 46.8%, from $2.5B to $3.7B.
Where does Inova Health System Retirement Savings Plan rank by assets among Form 5500 filers?
Inova Health System Retirement Savings Plan ranks in the 100th 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 401(k) plans are similar in size to Inova Health System Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Alcon 401(k) Savings Plan in TX ($2.4B, 9,281 participants).

Next read for Inova Health System Retirement Savings P…

Filing takeaways

Ways to act on Inova Health System Retirement Savings Plan's numbers.