Other · DOL Form 5500 · 2022

Riverside Management Services, Inc. Retirement Plan

Data updated 2026-08-11

$314M
Total assets
8,852
Participants
97th
Percentile by assets
$35,470
Avg per participant
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Official DOL plan name: Riverside Health System 403(b) Retirement Plan · Sponsored by Riverside Management Services, Inc. · Virginia · Healthcare & Social Assistance

$314M in assets, 8,852 participants

Riverside Management Services, Inc.'s Riverside Health System 403(b) Retirement Plan reported $314M in total assets and 8,852 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,510 in Healthcare & Social Assistance (20,060 peers)

Coverage in Virginia

Riverside Health System 403(b) Retirement Plan covers 8,852 participants in Virginia, 11x the typical Virginia plan (state average ~782 per filing). Assets: $314M.

$314M
total plan assets (2022 EOY)
8,852
covered participants
97th
percentile by assets (of 139,126 plans)
$35,470
avg assets per participant

The plan reported a net loss of $46M 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. Riverside Health System 403(b) Retirement Plan reports 8,852 participants - 11x that state average ($314M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$360M
Net Assets (End of Year)$314M
Net Income-$46M
Employer EIN521241840
Plan Effective Date1982-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Riverside Management Services, Inc.)

$1B$1.1B$1.2B$1.3B$1.4B 202220232024 $1.07B $1.32B â–˛ +23.4%
Total plan assets by year, all Riverside Management Services, Inc. plans on file
Year Plans Participants Total Assets
2022 3 17,824 $1.1B
2023 3 18,664 $1.2B
2024 3 19,539 $1.3B

Nearby Other Plans in Virginia

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

Riverside Health System 403(b) Retirement Plan vs. nearby Other plans in Virginia, assets vs. participants

Riverside Health System 403(b) Retirement Plan vs. nearby Other plans in Virginia, assets vs. participants Scatter plot of 6 data points. 0100002000030000 0123 Total assets ($B) Participants Riverside Health Sys…Sentara 403(b) Savin…The George Washingto…Institute for Defens…Carilion Clinic 403(…Centra Health Matchi…
Riverside Health System 403(b) Retirement Plan vs. nearby Other plans in Virginia, assets vs. participants

Scale composition for Riverside Health System 403(b) Retirement Plan

Riverside Health System 403(b) Retirement Plan reports $314M in end-of-year assets across 8,852 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $35,470 per participant (26% of the national average assets-per-participant) . Net income for plan year 2022 was -$46M.

This plan identity (EIN 521241840, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $314M to $463M (+47.5%) while covered participants moved from 8,852 to 9,871 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,852 $314M This page
2023 9,364 $392M Open filing
2024 · index core 9,871 $463M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized Other Plans Nationally

Other plans in other states closest to Riverside Health System 403(b) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Riverside Health System 403(b) Retirement Plan assets move in 2022?
Riverside Health System 403(b) Retirement Plan pulled back noticeably - down 12.7% during 2022, from $360M to $314M. Reported net income was -$46M.
How have Riverside Management Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Riverside Management Services, Inc.'s sponsor-wide assets grew 22.8%, from $1.1B to $1.3B.
Where does Riverside Health System 403(b) Retirement Plan rank by assets among Form 5500 filers?
Riverside Health System 403(b) Retirement Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Riverside Health System 403(b) Retirement Plan?
Among Other plans in other states, the closest by assets is Beth Israel Deaconess Medical Center Voluntary 403(b) Plan in MA ($314M, 13,317 participants).

Next read for Riverside Health System 403(b) Retiremen…

Filing takeaways

Ways to act on Riverside Health System 403(b) Retirement Plan's numbers.