401(k) · DOL Form 5500 · 2023

Evolent Health LLC 401(k) Plan

Data updated 2026-08-25

$243M
Total assets Near avg plan size
2,615
Participants Above avg headcount
95th
Percentile by assets National rank
$93,054
Avg per participant Below avg balance/head
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Official DOL plan name: Evolent Health 401(k) Plan · Sponsored by Evolent Health LLC · Virginia · Finance & Insurance

$243M in assets, 2,615 participants

Evolent Health LLC's Evolent Health 401(k) Plan reported $243M in total assets and 2,615 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,212 in Finance & Insurance (8,869 peers)

Coverage in Virginia

Evolent Health 401(k) Plan covers 2,615 participants in Virginia, 3.3x the typical Virginia plan (state average ~782 per filing). Assets: $243M.

#8,212
in Finance & Insurance (8,869 peers)
+38.9%
assets growth YoY
2.4×
vs typical plan assets (national mean)

Evolent Health 401(k) Plan's outsized position by total assets

Evolent Health 401(k) Plan vs every filed plan by assets

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

$243,336,944 Top 5% higher than 95% 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

Evolent Health 401(k) 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. Evolent Health 401(k) Plan lands in the large band (2,615 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Evolent Health 401(k) Plan reported net income rose from -$10M in the plan year 2022 filing to $68M in the plan year 2023 filing.
  • Evolent Health 401(k) Plan end-of-year assets rose from $175M in the plan year 2022 filing to $243M in the plan year 2023 filing.
  • Evolent Health 401(k) Plan reported participants rose from 2,339 in the plan year 2022 filing to 2,615 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 453084136 · Evolent Health LLC PY 2023 · 401(k)

Evolent Health 401(k) Plan · $243M · 2,615 · 95th

  • 5500 $243M
  • ASSETS 2,615
  • PCT 95th
  • EIN 401(k)
  • RANK near Teknor Savings Plus Plan
  • PHOTO ind #8212

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 Finance & Insurance retirement plans → · Plans in Virginia →

Evolent Health 401(k) Plan in the asset neighbourhood

B. F. Saul Company Employees' 401(k) Retirement PlanB. F. Saul Company Employees…$243MHealthequity 401(k) Plan$243MBancfirst Corporation Thrift PlanBancfirst Corporation Thrift…$243MEvolent Health 401(k) Plan$243MTeknor Savings Plus Plan$243M
End-of-year total assets ($M) among Evolent Health 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$175M
Net Assets (End of Year)$243M
Net Income$68M
Employer EIN453084136
Plan Effective Date2016-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Evolent Health LLC)

Sponsor-wide plan assets over time

All Evolent Health LLC plans reported in each filing year

Latest sponsor-wide plan assets
$289M 65.0330686468682% vs 2022
2024 filing year
$150M$200M$250M$300M$350M 202220232024 $175M $289M ▲ +65.0%
Year Plans Participants Total Assets
2022 1 2,339 $175M
2023 1 2,615 $243M
2024 1 3,417 $289M

Nearby 401(k) Plans in Virginia

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

Evolent Health 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Evolent Health 401(k) Plan, Total assets ($B): 0.243336944 · Participants: 2615Evolent Health 401(k) 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
Evolent Health 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Evolent Health 401(k) Plan side-by-side with 3 peers →

Evolent Health 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Teknor Savings Plus Plan in RI ($243M); by covered participants it is Crum & Forster Employee Savings Plan in NJ (2,613 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($243M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,615 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 Evolent Health 401(k) Plan assets move in 2023? ▼
Evolent Health 401(k) Plan surged - up 38.9% during 2023, from $175M to $243M. Reported net income was $68M.
How have Evolent Health LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Evolent Health LLC's sponsor-wide assets grew 65.0%, from $175M to $289M.
Where does Evolent Health 401(k) Plan rank by assets among Form 5500 filers? ▼
Evolent Health 401(k) Plan ranks in the 95th 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 Evolent Health 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Teknor Savings Plus Plan in RI ($243M, 1,858 participants).
Which 401(k) plans cover a similar participant headcount to Evolent Health 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Crum & Forster Employee Savings Plan in NJ (2,613 participants, $522M 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 453084136.

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.