401(k) · DOL Form 5500 · 2023

Riverside Management Services, Inc. 401(k) Plan

Data updated 2026-08-11

$275M
Total assets
7,461
Participants
96th
Percentile by assets
$36,875
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Riverside Health System 401(k) Savings Plan · Sponsored by Riverside Management Services, Inc. · Virginia · Healthcare & Social Assistance

$275M in assets, 7,461 participants

Riverside Management Services, Inc.'s Riverside Health System 401(k) Savings Plan reported $275M in total assets and 7,461 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)
  • #17,024 in Healthcare & Social Assistance (17,684 peers)

Coverage in Virginia

Riverside Health System 401(k) Savings Plan covers 7,461 participants in Virginia, 9.5x the typical Virginia plan (state average ~782 per filing). Assets: $275M.

$275M
total plan assets (2023 EOY)
7,461
covered participants
96th
percentile by assets (of 127,072 plans)
$36,875
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Riverside Health System 401(k) Savings Plan reported net income rose from -$50M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Riverside Health System 401(k) Savings Plan end-of-year assets rose from $232M in the plan year 2022 filing to $275M in the plan year 2023 filing.
  • Riverside Health System 401(k) Savings Plan reported participants rose from 7,032 in the plan year 2022 filing to 7,461 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Riverside Health System 401(k) Savings Plan reports 7,461 participants - 9.5x that state average ($275M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$232M
Net Assets (End of Year)$275M
Net Income$43M
Employer EIN521241840
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Riverside Management Services, Inc.)

$1B$1.1B$1.2B$1.3B$1.4B 202220232024 $1.07B $1.32B ▲ +23.4%
Total plan assets by year, all Riverside Management Services, Inc. plans on file
Year Plans Participants Total Assets
2022 3 17,824 $1.1B
2023 3 18,664 $1.2B
2024 3 19,539 $1.3B

Nearby 401(k) Plans in Virginia

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

Riverside Health System 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Riverside Health System 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 -10010203040 Total assets ($B) Participants Riverside Health Sys…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Riverside Health System 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Scale composition for Riverside Health System 401(k) Savings Plan

Riverside Health System 401(k) Savings Plan reports $275M in end-of-year assets across 7,461 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $36,875 per participant (27% of the national average assets-per-participant) . Net income for plan year 2023 was $43M.

This plan identity (EIN 521241840, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $232M to $314M (+35.2%) while covered participants moved from 7,032 to 7,888 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,032 $232M Open filing
2023 7,461 $275M This page
2024 · index core 7,888 $314M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Riverside Health System 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Riverside Health System 401(k) Savings Plan assets move in 2023?
Riverside Health System 401(k) Savings Plan grew sharply - up 18.5% during 2023, from $232M to $275M. Reported net income was $43M.
How have Riverside Management Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Riverside Management Services, Inc.'s sponsor-wide assets grew 22.8%, from $1.1B to $1.3B.
Where does Riverside Health System 401(k) Savings Plan rank by assets among Form 5500 filers?
Riverside Health System 401(k) Savings Plan ranks in the 96th 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 Riverside Health System 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Sorenson Communications, LLC. 401(k) Profit Sharing Plan in UT ($275M, 8,931 participants).

Next read for Riverside Health System 401(k) Savings P…

Filing takeaways

Ways to act on Riverside Health System 401(k) Savings Plan's numbers.