401(k) · DOL Form 5500 · 2023

Genworth Financial, Inc 401(k) Plan

Data updated 2026-08-25

$847M
Total assets Above avg plan size
2,366
Participants Above avg headcount
98th
Percentile by assets National rank
$358,130
Avg per participant High balance/head
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Official DOL plan name: Genworth Financial Inc. Retirement and Savings Plan · Sponsored by Genworth Financial, Inc · Virginia · Finance & Insurance

$847M in assets, 2,366 participants

Genworth Financial, Inc's Genworth Financial Inc. Retirement and Savings Plan reported $847M in total assets and 2,366 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,608 in Finance & Insurance (8,869 peers)

Coverage in Virginia

Genworth Financial Inc. Retirement and Savings Plan covers 2,366 participants in Virginia, 3.0x the typical Virginia plan (state average ~782 per filing). Assets: $847M.

#8,608
in Finance & Insurance (8,869 peers)
+14.3%
assets growth YoY
8.5×
vs typical plan assets (national mean)

Genworth Financial Inc. Retirement and Savings Plan's outsized position by total assets

Genworth Financial Inc. Retirement and Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$847,335,307 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,050,000,000 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 2023

Genworth Financial Inc. Retirement and Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Genworth Financial Inc. Retirement and Savings Plan lands in the large band (2,366 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Genworth Financial Inc. Retirement and Savings Plan reported net income rose from -$174M in the plan year 2022 filing to $106M in the plan year 2023 filing.
  • Genworth Financial Inc. Retirement and Savings Plan end-of-year assets rose from $741M in the plan year 2022 filing to $847M in the plan year 2023 filing.
  • Genworth Financial Inc. Retirement and Savings Plan reported participants fell from 2,436 in the plan year 2022 filing to 2,366 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 800873306 · Genworth Financial, Inc PY 2023 · 401(k)

Genworth Financial Inc. Retirement and Savings Plan · $847M · 2,366 · 98th

  • PHOTO $847M
  • PHOTO 2,366
  • PHOTO 98th
  • PHOTO 401(k)
  • PHOTO near Triumph Group, Inc. 401(k) Plan
  • PHOTO ind #8608

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Virginia →

Genworth Financial Inc. Retirement and Savings Plan in the asset neighbourhood

Mutual of Omaha 401(k) Retirement Savings PlanMutual of Omaha 401(k) Retir…$849MTriumph Group, Inc. 401(k) PlanTriumph Group, Inc. 401(k) P…$848MGenworth Financial Inc. Retirement and Savings PlanGenworth Financial Inc. Reti…$847MMohawk Industries Retirement Plan 2Mohawk Industries Retirement…$846MTaylor Corporation 401(k) PlanTaylor Corporation 401(k) Pl…$846M
End-of-year total assets ($M) among Genworth Financial Inc. Retirement and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$741M
Net Assets (End of Year)$847M
Net Income$106M
Employer EIN800873306
Plan Effective Date2005-09-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Genworth Financial, Inc)

Sponsor-wide plan assets over time

All Genworth Financial, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$956M 28.871995679617196% vs 2022
2024 filing year
$700M$800M$900M$1,000M 202220232024 $741M $956M ▲ +28.9%
Year Plans Participants Total Assets
2022 1 2,436 $741M
2023 1 2,366 $847M
2024 1 2,584 $956M

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Genworth Financial Inc. Retirement and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Genworth Financial Inc. Retirement and Savings Plan, Total assets ($B): 0.847335307 · Participants: 2366Genworth Financial Inc. Retirement and Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Genworth Financial Inc. Retirement and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Genworth Financial Inc. Retirement and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Triumph Group, Inc. 401(k) Plan in PA ($848M); by covered participants it is Southwest Gas Corporation Employees' Investment Plan in NV (2,366 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($847M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,366 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Genworth Financial Inc. Retirement and Savings Plan assets move in 2023? ▼
Genworth Financial Inc. Retirement and Savings Plan grew at a solid clip - up 14.3% during 2023, from $741M to $847M. Reported net income was $106M.
How have Genworth Financial, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Genworth Financial, Inc's sponsor-wide assets grew 28.9%, from $741M to $956M.
Where does Genworth Financial Inc. Retirement and Savings Plan rank by assets among Form 5500 filers? ▼
Genworth Financial Inc. Retirement and Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Genworth Financial Inc. Retirement and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Triumph Group, Inc. 401(k) Plan in PA ($848M, 2,686 participants).
Which 401(k) plans cover a similar participant headcount to Genworth Financial Inc. Retirement and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southwest Gas Corporation Employees' Investment Plan in NV (2,366 participants, $532M in assets).