401(k) · DOL Form 5500 · 2023

Carilion Clinic 401(k) Plan

Data updated 2026-08-25

$126M
Total assets Near avg plan size
2,360
Participants Above avg headcount
93rd
Percentile by assets National rank
$53,239
Avg per participant Low balance/head
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Official DOL plan name: Carilion Clinic 401(k) Retirement Savings Plan · Sponsored by Carilion Clinic · Virginia · Healthcare & Social Assistance

$126M in assets, 2,360 participants

Carilion Clinic's Carilion Clinic 401(k) Retirement Savings Plan reported $126M in total assets and 2,360 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,551 in Healthcare & Social Assistance (17,684 peers)

Coverage in Virginia

Carilion Clinic 401(k) Retirement Savings Plan covers 2,360 participants in Virginia, 3.0x the typical Virginia plan (state average ~782 per filing). Assets: $126M.

#16,551
in Healthcare & Social Assistance (17,684 peers)
+11.9%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Carilion Clinic 401(k) Retirement Savings Plan's outsized position by total assets

Carilion Clinic 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$125,644,181 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Carilion Clinic 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carilion Clinic 401(k) Retirement Savings Plan lands in the large band (2,360 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carilion Clinic 401(k) Retirement Savings Plan reported net income rose from -$25M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Carilion Clinic 401(k) Retirement Savings Plan end-of-year assets rose from $112M in the plan year 2022 filing to $126M in the plan year 2023 filing.
  • Carilion Clinic 401(k) Retirement Savings Plan reported participants fell from 2,411 in the plan year 2022 filing to 2,360 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 541190771 · Carilion Clinic PY 2023 · 401(k)

Carilion Clinic 401(k) Retirement Savings Plan · $126M · 2,360 · 93rd

  • RANK $126M
  • RANK 2,360
  • RANK 93rd
  • RANK 401(k)
  • RANK near Crown Packaging Corp. 401(k) Plan
  • RANK ind #16551

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Virginia →

Carilion Clinic 401(k) Retirement Savings Plan in the asset neighbourhood

Helzberg Diamonds Savings PlanHelzberg Diamonds Savings Pl…$126MNibco Inc. Profit Sharing & 401(k) Savings PlanNibco Inc. Profit Sharing & …$126MNgmeo Profit Sharing Plan$126MCarilion Clinic 401(k) Retirement Savings PlanCarilion Clinic 401(k) Retir…$126MCrown Packaging Corp. 401(k) PlanCrown Packaging Corp. 401(k)…$126M
End-of-year total assets ($M) among Carilion Clinic 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$112M
Net Assets (End of Year)$126M
Net Income$13M
Employer EIN541190771
Plan Effective Date1995-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carilion Clinic)

Sponsor-wide plan assets over time

All Carilion Clinic plans reported in each filing year

Latest sponsor-wide plan assets
$2.4B 20.722181716512168% vs 2022
2024 filing year
$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.98B $2.4B ▲ +21.2%
Year Plans Participants Total Assets
2022 3 25,551 $2.0B
2023 3 26,344 $2.3B
2024 3 26,103 $2.4B

Nearby 401(k) Plans in Virginia

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

Carilion Clinic 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Carilion Clinic 401(k) Retirement Savings Plan, Total assets ($B): 0.125644181 · Participants: 2360Carilion Clinic 401(k) Retirement Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Carilion Clinic 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Carilion Clinic 401(k) Retirement Savings Plan side-by-side with 3 peers →

Carilion Clinic 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Crown Packaging Corp. 401(k) Plan in MO ($126M); by covered participants it is Architect Equity 401(k) Plan in CA (2,360 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($126M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,360 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Carilion Clinic 401(k) Retirement Savings Plan assets move in 2023? ▼
Carilion Clinic 401(k) Retirement Savings Plan grew at a solid clip - up 11.9% during 2023, from $112M to $126M. Reported net income was $13M.
How have Carilion Clinic plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carilion Clinic's sponsor-wide assets grew 20.7%, from $2.0B to $2.4B.
Where does Carilion Clinic 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Carilion Clinic 401(k) Retirement Savings Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Carilion Clinic 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Crown Packaging Corp. 401(k) Plan in MO ($126M, 429 participants).
Which 401(k) plans cover a similar participant headcount to Carilion Clinic 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Architect Equity 401(k) Plan in CA (2,360 participants, $32M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541190771.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.