ESOP
2022 plan-year ESOP DOL Form 5500

Tidewater Health Care, Inc. 401(a) Retirement Plan

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

Sponsored by Sentara Healthcare · Virginia · Healthcare & Social Assistance

What the 2023 filing shows

Tidewater Health Care, Inc. 401(a) Retirement Plan holds $12M for 286 participants — about $42,891 per participant, down 26.7% over the 2022 plan year.

$12M
total plan assets (2022 EOY)
286
covered participants
$42,891
avg assets per participant
-26.7%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$12M
Participants
286
State
Industry
Healthcare & Social Assistance

What the Filing Says About Tidewater Health Care, Inc. 401(a) Retirement Plan

Tidewater Health Care, Inc. 401(a) Retirement Plan is a ESOP retirement plan sponsored by Sentara Healthcare, headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $12M in total end-of-year assets and covers 286 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 521271901, and the plan has been effective since 1987-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $17M at the beginning of 2022 to $12M at year-end — a decline of 26.7%. Net assets (after liabilities) closed the year at $12M, with reported net income of $-4,473,075 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 — 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)$17M
Total Assets (End of Year)$12M
Net Assets (End of Year)$12M
Net Income$-4,473,075
Plan TypeESOP
Employer EIN521271901
Plan Effective Date1987-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sentara Healthcare)

Year Plans Participants Total Assets
2022 4 58,592 $5.2B
2023 4 57,999 $6.2B
2024 4 63,288 $7.1B

Nearby ESOP Plans in Virginia

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Frequently Asked Questions

How much money is in the Tidewater Health Care, Inc. 401(a) Retirement Plan?
As of the 2022 Form 5500 filing, Tidewater Health Care, Inc. 401(a) Retirement Plan holds $12M in total assets with 286 participants. It is sponsored by Sentara Healthcare.
What type of plan is Tidewater Health Care, Inc. 401(a) Retirement Plan?
Tidewater Health Care, Inc. 401(a) Retirement Plan is a ESOP plan. It has been effective since 1987-12-01. The plan is filed with the U.S. Department of Labor under EIN 521271901.
Who sponsors the Tidewater Health Care, Inc. 401(a) Retirement Plan?
Tidewater Health Care, Inc. 401(a) Retirement Plan is sponsored by Sentara Healthcare, located in Virginia. The sponsor's EIN is 521271901 and the plan operates in the Healthcare & Social Assistance industry.
How did Tidewater Health Care, Inc. 401(a) Retirement Plan perform in 2022?
Tidewater Health Care, Inc. 401(a) Retirement Plan declined by 26.7% during 2022, moving from $17M to $12M in total assets. Net income was $-4,473,075.
Where can I find official filings for Tidewater Health Care, Inc. 401(a) Retirement Plan?
Official Form 5500 filings for Tidewater Health Care, Inc. 401(a) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 521271901 or plan name at efast.dol.gov.
How does Tidewater Health Care, Inc. 401(a) Retirement Plan compare to other plans?
You can compare Tidewater Health Care, Inc. 401(a) Retirement Plan against other ESOP 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) — original filing retrieval by EIN 521271901.

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

Reference: IRS Publication 590-B — 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.