401(k) · DOL Form 5500 · 2023

Genworth Financial, Inc 401(k) Plan

Data updated 2026-08-11

$847M
Total assets
2,366
Participants
98th
Percentile by assets
$358,130
Avg per participant
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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.

  • 98th percentile by assets (of 127,072 plans)
  • #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.

$847M
total plan assets (2023 EOY)
2,366
covered participants
98th
percentile by assets (of 127,072 plans)
$358,130
avg assets per participant

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 →

State

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Genworth Financial Inc. Retirement and Savings Plan reports 2,366 participants - 3.0x that state average ($847M EOY assets).

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)

$700M$800M$900M$1,000M 202220232024 $741M $956M ▲ +28.9%
Total plan assets by year, all Genworth Financial, Inc plans on file
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

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 I…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Genworth Financial Inc. Retirement and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Genworth Financial Inc. Retirement and Savings Plan by total assets, not by location.

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).

Next read for Genworth Financial Inc. Retirement and S…

Filing takeaways

Ways to act on Genworth Financial Inc. Retirement and Savings Plan's numbers.