Other · DOL Form 5500 · 2022

Sentara Healthcare Retirement Plan

Data updated 2026-08-06

$2.7B
Total assets
26,421
Participants
100th
Percentile by assets
$103,256
Avg per participant
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Official DOL plan name: Sentara 403(b) Savings Plan · Sponsored by Sentara Healthcare · Virginia · Healthcare & Social Assistance

$2.7B in assets, 26,421 participants

Sentara Healthcare's Sentara 403(b) Savings Plan reported $2.7B in total assets and 26,421 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 139,258 plans)
  • #20,039 in Healthcare & Social Assistance (20,087 peers)

Coverage in Virginia

Sentara 403(b) Savings Plan covers 26,421 participants in Virginia, 34x the typical Virginia plan (state average ~781 per filing). Assets: $2.7B.

$2.7B
total plan assets (2022 EOY)
26,421
covered participants
100th
percentile by assets (of 139,258 plans)
$103,256
avg assets per participant

The plan reported a net loss of $504M 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 781 participants across 3,490 plans. Sentara 403(b) Savings Plan reports 26,421 participants - 34x that state average ($2.7B EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$3.2B
Net Assets (End of Year)$2.7B
Net Income-$504M
Employer EIN521271901
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sentara Healthcare)

$4B$5B$6B$7B$8B 202220232024 $5.17B $7.14B ▲ +38.1%
Total plan assets by year, all Sentara Healthcare plans on file
Year Plans Participants Total Assets
2022 4 58,592 $5.2B
2023 4 57,999 $6.2B
2024 4 63,288 $7.1B

Nearby Other Plans in Virginia

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

Sentara 403(b) Savings Plan vs. nearby Other plans in Virginia, assets vs. participants

Sentara 403(b) Savings Plan vs. nearby Other plans in Virginia, assets vs. participants Scatter plot of 6 data points. 0100002000030000 00.511.522.53 Total assets ($B) Participants Sentara 403(b) Savin…The George Washingto…Institute for Defens…Carilion Clinic 403(…Centra Health Matchi…University of Richmo…
Sentara 403(b) Savings Plan vs. nearby Other plans in Virginia, assets vs. participants

Scale composition for Sentara 403(b) Savings Plan

Sentara 403(b) Savings Plan reports $2.7B in end-of-year assets across 26,421 participants (0.023% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.029% of 89,805,449 covered participants) - about $103,256 per participant (75% of the national average assets-per-participant) . Net income for plan year 2022 was -$504M.

This plan identity (EIN 521271901, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.7B (+37.3%) while covered participants moved from 26,421 to 28,192 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 26,421 $2.7B This page
2023 25,806 $3.3B Open filing
2024 · index core 28,192 $3.7B 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 Sentara 403(b) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Sentara 403(b) Savings Plan assets move in 2022?
Sentara 403(b) Savings Plan declined sharply - down 15.6% during 2022, from $3.2B to $2.7B. Reported net income was -$504M.
How have Sentara Healthcare plan assets changed over time?
Across 3 plan years on file (2022-2024), Sentara Healthcare's sponsor-wide assets grew 37.9%, from $5.2B to $7.1B.
Where does Sentara 403(b) Savings Plan rank by assets among Form 5500 filers?
Sentara 403(b) Savings Plan ranks in the 100th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Other plans are similar in size to Sentara 403(b) Savings Plan?
Among Other plans in other states, the closest by assets is Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan in NC ($2.7B, 20,031 participants).

Filing takeaways

Ways to act on Sentara 403(b) Savings Plan's numbers.