401(k) · DOL Form 5500 · 2023

Avalonbay Communities, Inc. 401(k) Plan

Data updated 2026-08-11

$329M
Total assets
2,848
Participants
96th
Percentile by assets
$115,503
Avg per participant
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Official DOL plan name: Avalonbay Communities, Inc. Associates Savings Plan · Sponsored by Avalonbay Communities, Inc. · Virginia · Real Estate

$329M in assets, 2,848 participants

Avalonbay Communities, Inc.'s Avalonbay Communities, Inc. Associates Savings Plan reported $329M in total assets and 2,848 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #4,695 in Real Estate (4,727 peers)

Coverage in Virginia

Avalonbay Communities, Inc. Associates Savings Plan covers 2,848 participants in Virginia, 3.6x the typical Virginia plan (state average ~782 per filing). Assets: $329M.

$329M
total plan assets (2023 EOY)
2,848
covered participants
96th
percentile by assets (of 127,072 plans)
$115,503
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Avalonbay Communities, Inc. Associates Savings Plan reported net income rose from -$53M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Avalonbay Communities, Inc. Associates Savings Plan end-of-year assets rose from $270M in the plan year 2022 filing to $329M in the plan year 2023 filing.
  • Avalonbay Communities, Inc. Associates Savings Plan reported participants rose from 2,759 in the plan year 2022 filing to 2,848 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Avalonbay Communities, Inc. Associates Savings Plan reports 2,848 participants - 3.6x that state average ($329M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$270M
Net Assets (End of Year)$329M
Net Income$59M
Employer EIN770404318
Plan Effective Date1993-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Avalonbay Communities, Inc.)

$250M$300M$350M$400M 202220232024 $270M $385M ▲ +42.3%
Total plan assets by year, all Avalonbay Communities, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,759 $270M
2023 1 2,848 $329M
2024 1 2,931 $385M

Nearby 401(k) Plans in Virginia

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

Avalonbay Communities, Inc. Associates Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Avalonbay Communities, Inc. Associates Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Avalonbay Communitie…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Avalonbay Communities, Inc. Associates 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 Avalonbay Communities, Inc. Associates Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Avalonbay Communities, Inc. Associates Savings Plan assets move in 2023?
Avalonbay Communities, Inc. Associates Savings Plan grew sharply - up 21.6% during 2023, from $270M to $329M. Reported net income was $59M.
How have Avalonbay Communities, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Avalonbay Communities, Inc.'s sponsor-wide assets grew 42.3%, from $270M to $385M.
Where does Avalonbay Communities, Inc. Associates Savings Plan rank by assets among Form 5500 filers?
Avalonbay Communities, Inc. Associates Savings Plan ranks in the 96th 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 Avalonbay Communities, Inc. Associates Savings Plan?
Among 401(k) plans in other states, the closest by assets is The Vancouver Clinic, Inc., P.S. 401(k) Retirement Savings Plan in WA ($329M, 2,046 participants).

Next read for Avalonbay Communities, Inc. Associates S…

Filing takeaways

Ways to act on Avalonbay Communities, Inc. Associates Savings Plan's numbers.

  • By total assets, Avalonbay Communities, Inc. Associates Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • Avalonbay Communities, Inc.'s sponsor-wide assets have grown 42.3% since 2022 across 3 plan years on file. More Real Estate plans