Profit Sharing · DOL Form 5500 · 2023
The Governing Committee of the Section 403(b) Defined Contribution Profit Sharing Plan
Data updated 2026-08-06
- $1.1B
- Total assets
- 5,192
- Participants
- 99th
- Percentile by assets
- $205,221
- Avg per participant
Official DOL plan name: Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia · Sponsored by The Governing Committee of the Section 403(b) Defined Contribution · Virginia · Educational Services
$1.1B in assets, 5,192 participants
The Governing Committee of the Section 403(b) Defined Contribution's Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reported $1.1B in total assets and 5,192 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 126,618 plans)
- #3,650 in Educational Services (3,719 peers)
Coverage in Virginia
Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia covers 5,192 participants in Virginia, 6.7x the typical Virginia plan (state average ~781 per filing). Assets: $1.1B.
- $1.1B
- total plan assets (2023 EOY)
- 5,192
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $205,221
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reported net income rose from -$151M in the plan year 2022 filing to $103M in the plan year 2023 filing.
- Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia end-of-year assets rose from $889M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
- Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reported participants rose from 4,858 in the plan year 2022 filing to 5,192 in the plan year 2023 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 781 participants across 3,490 plans. Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reports 5,192 participants - 6.7x that state average ($1.1B EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $889M |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $103M |
| Employer EIN | 824833402 |
| Plan Effective Date | 2018-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Governing Committee of the Section 403(b) Defined Contribution)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,858 | $889M |
| 2023 | 1 | 5,192 | $1.1B |
| 2024 | 1 | 5,562 | $1.3B |
Nearby Profit Sharing Plans in Virginia
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia vs. nearby Profit Sharing plans in Virginia, assets vs. participants
- Carpenter Co. Profit-Sharing Plan $299M · 2,085
- American Institutes for Research Tax Deferred Annuity Plan $277M · 1,521
- Analytic Services Inc. Defined Contribution Retirement Plan $205M · 584
- Associated Universities Inc. Retirement Plan $193M · 541
- Sentara Healthcare 401(a) Retirement Plan $122M · 13,430
Scale composition for Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia
Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reports $1.1B in end-of-year assets across 5,192 participants (0.009% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.006% of 89,805,449 covered participants) - about $205,221 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2023 was $103M.
This plan identity (EIN 824833402, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $889M to $1.3B (+44.4%) while covered participants moved from 4,858 to 5,562 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 4,858 | $889M | Open filing |
| 2023 | 5,192 | $1.1B | This page |
| 2024 · index core | 5,562 | $1.3B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia (Profit Sharing, $1.3B, 5,562 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia by total assets, not by location.
- Major League Baseball Players Investment Plan (MD) $1.1B · 4,293
- Disney Retirement Savings Plan (CA) $1.1B · 37,110
- Dartmouth-Hitchcock Retirement Plan (NH) $1.0B · 11,618
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan (PA) $1.1B · 3,905
Frequently Asked Questions
How did Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia assets move in 2023? ▼
How have The Governing Committee of the Section 403(b) Defined Contribution plan assets changed over time? ▼
Where does Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia? ▼
Next read for Section 403(b) Defined Contribution Plan…
Filing takeaways
Ways to act on Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia's numbers.
- By total assets, Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Virginia. Compare plans
- The Governing Committee of the Section 403(b) Defined Contribution's sponsor-wide assets have grown 44.4% since 2022 across 3 plan years on file. More Educational Services plans