401(k)
2022 plan-year 401(k) DOL Form 5500

Virgin Galactic, LLC 401(k) Plan

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

Sponsored by Wendy Mulhall · California · Management of Enterprises

What the 2023 filing shows

Virgin Galactic, LLC 401(k) Plan holds $64M for 706 participants — about $90,070 per participant, down 3.4% over the 2022 plan year.

$64M
total plan assets (2022 EOY)
706
covered participants
$90,070
avg assets per participant
-3.4%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$64M
Participants
706
State
Industry
Management of Enterprises

What the Filing Says About Virgin Galactic, LLC 401(k) Plan

Virgin Galactic, LLC 401(k) Plan is a 401(k) retirement plan sponsored by Wendy Mulhall, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $64M in total end-of-year assets and covers 706 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 842252157, and the plan has been effective since 2019-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $66M at the beginning of 2022 to $64M at year-end — a decline of 3.4%. Net assets (after liabilities) closed the year at $64M, with reported net income of $-2,248,660 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)$66M
Total Assets (End of Year)$64M
Net Assets (End of Year)$64M
Net Income$-2,248,660
Plan Type401(k)
Employer EIN842252157
Plan Effective Date2019-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wendy Mulhall)

Year Plans Participants Total Assets
2022 1 706 $64M
2023 1 1,158 $89M
2024 1 1,010 $101M

Nearby 401(k) Plans in California

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Frequently Asked Questions

How much money is in the Virgin Galactic, LLC 401(k) Plan?
As of the 2022 Form 5500 filing, Virgin Galactic, LLC 401(k) Plan holds $64M in total assets with 706 participants. It is sponsored by Wendy Mulhall.
What type of plan is Virgin Galactic, LLC 401(k) Plan?
Virgin Galactic, LLC 401(k) Plan is a 401(k) plan. It has been effective since 2019-11-01. The plan is filed with the U.S. Department of Labor under EIN 842252157.
Who sponsors the Virgin Galactic, LLC 401(k) Plan?
Virgin Galactic, LLC 401(k) Plan is sponsored by Wendy Mulhall, located in California. The sponsor's EIN is 842252157 and the plan operates in the Management of Enterprises industry.
How did Virgin Galactic, LLC 401(k) Plan perform in 2022?
Virgin Galactic, LLC 401(k) Plan declined by 3.4% during 2022, moving from $66M to $64M in total assets. Net income was $-2,248,660.
Where can I find official filings for Virgin Galactic, LLC 401(k) Plan?
Official Form 5500 filings for Virgin Galactic, LLC 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 842252157 or plan name at efast.dol.gov.
How does Virgin Galactic, LLC 401(k) Plan compare to other plans?
You can compare Virgin Galactic, LLC 401(k) Plan against other 401(k) plans on the plan type page, or view plans in California 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 842252157.

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.