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
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.
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 EIN | 770404318 |
| Plan Effective Date | 1993-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Avalonbay Communities, Inc.)
| 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
- Northrop Grumman Savings Plan $36.2B · 97,987
- 401(k) Pension Plan $15.0B · 62,467
- General Dynamics Corporation 401(k) Plan 6.0 $11.2B · 48,860
- Leidos, Inc. Retirement Plan $10.6B · 27,043
- Bae Systems Employees' Savings and Investment Plan $9.4B · 31,681
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.
- The Vancouver Clinic, Inc., P.S. 401(k) Retirement Savings Plan (WA) $329M · 2,046
- Nustar Thrift Plan (TX) $329M · 1,155
- Ccc Intelligent Solutions Inc. 401(k) Retirement Savings & Investment Plan (IL) $329M · 2,028
- Colonial Pipeline Company 401(k) Investment Plan (GA) $329M · 997
Frequently Asked Questions
How did Avalonbay Communities, Inc. Associates Savings Plan assets move in 2023? ▼
How have Avalonbay Communities, Inc. plan assets changed over time? ▼
Where does Avalonbay Communities, Inc. Associates Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Avalonbay Communities, Inc. Associates Savings Plan? ▼
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