401(k) · DOL Form 5500 · 2023

Sentara Holdings, Inc. 401(k) Plan

Data updated 2026-08-11

$319M
Total assets
3,448
Participants
96th
Percentile by assets
$92,468
Avg per participant
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Official DOL plan name: Sentara 401(k) Savings Plan · Sponsored by Sentara Holdings, Inc. · Virginia · Healthcare & Social Assistance

$319M in assets, 3,448 participants

Sentara Holdings, Inc.'s Sentara 401(k) Savings Plan reported $319M in total assets and 3,448 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)
  • #17,088 in Healthcare & Social Assistance (17,684 peers)

Coverage in Virginia

Sentara 401(k) Savings Plan covers 3,448 participants in Virginia, 4.4x the typical Virginia plan (state average ~782 per filing). Assets: $319M.

$319M
total plan assets (2023 EOY)
3,448
covered participants
96th
percentile by assets (of 127,072 plans)
$92,468
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sentara 401(k) Savings Plan reported net income rose from -$35M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • Sentara 401(k) Savings Plan end-of-year assets rose from $257M in the plan year 2022 filing to $319M in the plan year 2023 filing.
  • Sentara 401(k) Savings Plan reported participants fell from 3,852 in the plan year 2022 filing to 3,448 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. Sentara 401(k) Savings Plan reports 3,448 participants - 4.4x that state average ($319M EOY assets).

Virginia filing particulars

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

Sponsor Plan History (Sentara Holdings, Inc.)

$200M$300M$400M$500M 202220232024 $257M $435M ▲ +69.3%
Total plan assets by year, all Sentara Holdings, Inc. plans on file
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

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

Sentara 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Sentara 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Sentara 401(k) Savin…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Sentara 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Sentara 401(k) Savings Plan assets move in 2023?
Sentara 401(k) Savings Plan grew sharply - up 24.0% during 2023, from $257M to $319M. Reported net income was $62M.
How have Sentara Holdings, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sentara Holdings, Inc.'s sponsor-wide assets grew 69.3%, from $257M to $435M.
Where does Sentara 401(k) Savings Plan rank by assets among Form 5500 filers?
Sentara 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 Sentara 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Knobbe Martens Olson & Bear, LLP 401(k) Retirement Savings Plan in CA ($319M, 681 participants).

Filing takeaways

Ways to act on Sentara 401(k) Savings Plan's numbers.