401(k) · DOL Form 5500 · 2023
Inova Health System 401(k) Plan
Data updated 2026-08-06
- $2.9B
- Total assets
- 19,635
- Participants
- 100th
- Percentile by assets
- $149,748
- Avg per participant
Official DOL plan name: Inova Health System Retirement Savings Plan · Sponsored by Inova Health System · Virginia · Healthcare & Social Assistance
$2.9B in assets, 19,635 participants
Inova Health System's Inova Health System Retirement Savings Plan reported $2.9B in total assets and 19,635 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 126,618 plans)
- #17,571 in Healthcare & Social Assistance (17,626 peers)
Coverage in Virginia
Inova Health System Retirement Savings Plan covers 19,635 participants in Virginia, 25x the typical Virginia plan (state average ~781 per filing). Assets: $2.9B.
- $2.9B
- total plan assets (2023 EOY)
- 19,635
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $149,748
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Inova Health System Retirement Savings Plan reported net income rose from -$380M in the plan year 2022 filing to $583M in the plan year 2023 filing.
- Inova Health System Retirement Savings Plan end-of-year assets rose from $2.4B in the plan year 2022 filing to $2.9B in the plan year 2023 filing.
- Inova Health System Retirement Savings Plan reported participants rose from 17,915 in the plan year 2022 filing to 19,635 in the plan year 2023 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 781 participants across 3,490 plans. Inova Health System Retirement Savings Plan reports 19,635 participants - 25x that state average ($2.9B EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $2.4B |
|---|---|
| Net Assets (End of Year) | $2.9B |
| Net Income | $583M |
| Employer EIN | 541071867 |
| Plan Effective Date | 1998-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Inova Health System)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 35,478 | $2.5B |
| 2023 | 2 | 39,461 | $3.1B |
| 2024 | 2 | 43,773 | $3.7B |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Inova Health System Retirement 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
Scale composition for Inova Health System Retirement Savings Plan
Inova Health System Retirement Savings Plan reports $2.9B in end-of-year assets across 19,635 participants (0.025% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.022% of 89,805,449 covered participants) - about $149,748 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $583M.
This plan identity (EIN 541071867, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.4B to $3.5B (+48.3%) while covered participants moved from 17,915 to 21,716 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 17,915 | $2.4B | Open filing |
| 2023 | 19,635 | $2.9B | This page |
| 2024 · index core | 21,716 | $3.5B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Inova Health System Retirement Savings Plan (401(k), $3.5B, 21,716 participants)
- Inova Health System 403(b) Plan (Other, $157M, 22,057 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Inova Health System Retirement Savings Plan by total assets, not by location.
- The Hy-Vee and Affiliates 401(k) Plan (IA) $2.9B · 56,181
- Justworks Retirement Savings Plan (NY) $2.9B · 79,355
- Xcel Energy 401(k) Savings Plan (MN) $2.9B · 9,334
- Abb Inc. Retirement Savings Plan (NC) $2.9B · 13,587
Frequently Asked Questions
How did Inova Health System Retirement Savings Plan assets move in 2023? ▼
How have Inova Health System plan assets changed over time? ▼
Where does Inova Health System Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Inova Health System Retirement Savings Plan? ▼
Next read for Inova Health System Retirement Savings P…
Filing takeaways
Ways to act on Inova Health System Retirement Savings Plan's numbers.
- By total assets, Inova Health System Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
- Inova Health System's sponsor-wide assets have grown 46.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans