401(k)
2023 plan-year 401(k) DOL Form 5500

Sentara 401(k) Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Sentara Holdings, Inc. · Virginia · Healthcare & Social Assistance

What the 2023 filing shows

Sentara 401(k) Savings Plan holds $319M for 3,448 participants — about $92,468 per participant, up 24.0% over the 2023 plan year.

$319M
total plan assets (2023 EOY)
3,448
covered participants
$92,468
avg assets per participant
+24.0%
assets growth YoY
Total Assets (2023)
$319M
Participants
3,448
State
Industry
Healthcare & Social Assistance

What the Filing Says About Sentara 401(k) Savings Plan

Sentara 401(k) Savings Plan is a 401(k) retirement plan sponsored by Sentara Holdings, Inc., headquartered in Virginia. As of the 2023 Form 5500 filing, the plan reports $319M in total end-of-year assets and covers 3,448 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 541555638, and the plan has been effective since 1989-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $257M at the beginning of 2023 to $319M at year-end — a gain of 24.0%. Net assets (after liabilities) closed the year at $319M, with reported net income of $62M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$257M
Total Assets (End of Year)$319M
Net Assets (End of Year)$319M
Net Income$62M
Plan Type401(k)
Employer EIN541555638
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sentara Holdings, Inc.)

Year Plans Participants Total Assets
2022 1 3,852 $257M
2023 1 3,448 $319M
2024 1 4,124 $435M

Nearby 401(k) Plans in Virginia

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Frequently Asked Questions

How much money is in the Sentara 401(k) Savings Plan?
As of the 2023 Form 5500 filing, Sentara 401(k) Savings Plan holds $319M in total assets with 3,448 participants. It is sponsored by Sentara Holdings, Inc..
What type of plan is Sentara 401(k) Savings Plan?
Sentara 401(k) Savings Plan is a 401(k) plan. It has been effective since 1989-05-01. The plan is filed with the U.S. Department of Labor under EIN 541555638.
Who sponsors the Sentara 401(k) Savings Plan?
Sentara 401(k) Savings Plan is sponsored by Sentara Holdings, Inc., located in Virginia. The sponsor's EIN is 541555638 and the plan operates in the Healthcare & Social Assistance industry.
How did Sentara 401(k) Savings Plan perform in 2023?
Sentara 401(k) Savings Plan grew by 24.0% during 2023, moving from $257M to $319M in total assets. Net income was $62M.
Where can I find official filings for Sentara 401(k) Savings Plan?
Official Form 5500 filings for Sentara 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541555638 or plan name at efast.dol.gov.
How does Sentara 401(k) Savings Plan compare to other plans?
You can compare Sentara 401(k) Savings Plan against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 541555638.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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