Other · DOL Form 5500 · 2022

Norfolk Academy Retirement Plan

Data updated 2026-08-11

$52M
Total assets
276
Participants
88th
Percentile by assets
$187,707
Avg per participant
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Official DOL plan name: Norfolk Academy Pre-Tax Savings and Retirement Plan · Sponsored by Norfolk Academy · Virginia · Educational Services

$52M in assets, 276 participants

Norfolk Academy's Norfolk Academy Pre-Tax Savings and Retirement Plan reported $52M in total assets and 276 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 139,126 plans)
  • #3,147 in Educational Services (4,024 peers)

Coverage in Virginia

Norfolk Academy Pre-Tax Savings and Retirement Plan covers 276 participants in Virginia, about 35% of the average Virginia filer (state average ~782 per filing). Assets: $52M.

$52M
total plan assets (2022 EOY)
276
covered participants
88th
percentile by assets (of 139,126 plans)
$187,707
avg assets per participant

Where Norfolk Academy Pre-Tax Savings and Retirement Plan sits by total assets

Norfolk Academy Pre-Tax Savings and Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$51,807,209 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Norfolk Academy Pre-Tax Savings and Retirement Plan reports 276 participants - about 35% of that state average ($52M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$52M
Net Income$4M
Employer EIN540551901
Plan Effective Date1982-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norfolk Academy)

$50M$55M$60M$65M 202220232024 $51.8M $61.1M ▲ +17.9%
Total plan assets by year, all Norfolk Academy plans on file
Year Plans Participants Total Assets
2022 1 276 $52M
2023 1 253 $59M
2024 1 248 $61M

Nearby Other Plans in Virginia

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

Norfolk Academy Pre-Tax Savings and Retirement Plan vs. nearby Other plans in Virginia, assets vs. participants

Norfolk Academy Pre-Tax Savings and Retirement Plan vs. nearby Other plans in Virginia, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Norfolk Academy Pre-…Sentara 403(b) Savin…The George Washingto…Institute for Defens…Carilion Clinic 403(…Centra Health Matchi…
Norfolk Academy Pre-Tax Savings and Retirement Plan vs. nearby Other plans in Virginia, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Norfolk Academy Pre-Tax Savings and Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Norfolk Academy Pre-Tax Savings and Retirement Plan assets move in 2022?
Norfolk Academy Pre-Tax Savings and Retirement Plan grew at a solid clip - up 8.1% during 2022, from $48M to $52M. Reported net income was $4M.
How have Norfolk Academy plan assets changed over time?
Across 3 plan years on file (2022-2024), Norfolk Academy's sponsor-wide assets grew 17.9%, from $52M to $61M.
Where does Norfolk Academy Pre-Tax Savings and Retirement Plan rank by assets among Form 5500 filers?
Norfolk Academy Pre-Tax Savings and Retirement Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Norfolk Academy Pre-Tax Savings and Retirement Plan?
Among Other plans in other states, the closest by assets is Greenhill School 403(b) Plan in TX ($52M, 422 participants).

Next read for Norfolk Academy Pre-Tax Savings and Reti…

Filing takeaways

Ways to act on Norfolk Academy Pre-Tax Savings and Retirement Plan's numbers.