Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Children's Health System, Inc. Defined Contribution Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Children's Health System, Inc. ยท Virginia ยท Healthcare & Social Assistance

What the 2023 filing shows

Children's Health System, Inc. Defined Contribution Plan holds $76M for 721 participants - about $105,786 per participant, down 21.7% over the 2022 plan year.

$76M
total plan assets (2022 EOY)
721
covered participants
$105,786
avg assets per participant
-21.7%
assets change YoY

The plan reported a net loss of $21M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$76M
Participants
721
State
Industry
Healthcare & Social Assistance

What the Filing Says About Children's Health System, Inc. Defined Contribution Plan

Children's Health System, Inc. Defined Contribution Plan is a Profit Sharing retirement plan sponsored by Children's Health System, Inc., headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $76M in total end-of-year assets and covers 721 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 541278830, and the plan has been effective since 1991-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $97M at the beginning of 2022 to $76M at year-end โ€” a decline of 21.7%. Net assets (after liabilities) closed the year at $76M, with reported net income of $-21,145,719 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$97M
Total Assets (End of Year)$76M
Net Assets (End of Year)$76M
Net Income$-21,145,719
Plan TypeProfit Sharing
Employer EIN541278830
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Children's Health System, Inc.)

Year Plans Participants Total Assets
2022 2 4,257 $305M
2023 2 4,543 $356M
2024 2 4,720 $401M

Nearby Profit Sharing Plans in Virginia

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

Frequently Asked Questions

How much money is in the Children's Health System, Inc. Defined Contribution Plan?
As of the 2022 Form 5500 filing, Children's Health System, Inc. Defined Contribution Plan holds $76M in total assets with 721 participants. It is sponsored by Children's Health System, Inc..
What type of plan is Children's Health System, Inc. Defined Contribution Plan?
Children's Health System, Inc. Defined Contribution Plan is a Profit Sharing plan. It has been effective since 1991-07-01. The plan is filed with the U.S. Department of Labor under EIN 541278830.
Who sponsors the Children's Health System, Inc. Defined Contribution Plan?
Children's Health System, Inc. Defined Contribution Plan is sponsored by Children's Health System, Inc., located in Virginia. The sponsor's EIN is 541278830 and the plan operates in the Healthcare & Social Assistance industry.
How did Children's Health System, Inc. Defined Contribution Plan perform in 2022?
Children's Health System, Inc. Defined Contribution Plan declined by 21.7% during 2022, moving from $97M to $76M in total assets. Net income was $-21,145,719.
Where can I find official filings for Children's Health System, Inc. Defined Contribution Plan?
Official Form 5500 filings for Children's Health System, Inc. Defined Contribution Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541278830 or plan name at efast.dol.gov.
How does Children's Health System, Inc. Defined Contribution Plan compare to other plans?
You can compare Children's Health System, Inc. Defined Contribution Plan against other Profit Sharing plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 541278830.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.