Other · DOL Form 5500 · 2023

Sentara Healthcare Retirement Plan

Data updated 2026-08-25

$3.3B
Total assets Very large vs avg
25,806
Participants Very large workforce
100th
Percentile by assets National rank
$127,401
Avg per participant Near avg balance/head
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Official DOL plan name: Sentara 403(b) Savings Plan · Sponsored by Sentara Healthcare · Virginia · Healthcare & Social Assistance

$3.3B in assets, 25,806 participants

Sentara Healthcare's Sentara 403(b) Savings Plan reported $3.3B in total assets and 25,806 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #17,640 in Healthcare & Social Assistance (17,684 peers)

Coverage in Virginia

Sentara 403(b) Savings Plan covers 25,806 participants in Virginia, 33x the typical Virginia plan (state average ~782 per filing). Assets: $3.3B.

#17,640
in Healthcare & Social Assistance (17,684 peers)
+20.5%
assets growth YoY
33×
vs typical plan assets (national mean)

Sentara 403(b) Savings Plan's outsized position by total assets

Sentara 403(b) Savings Plan vs every filed plan by assets

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

$3,287,712,192 Highest reported value at or above every one 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

Sentara 403(b) Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sentara 403(b) Savings Plan is a mega filing (25,806 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sentara 403(b) Savings Plan reported net income rose from -$504M in the plan year 2022 filing to $560M in the plan year 2023 filing.
  • Sentara 403(b) Savings Plan end-of-year assets rose from $2.7B in the plan year 2022 filing to $3.3B in the plan year 2023 filing.
  • Sentara 403(b) Savings Plan reported participants fell from 26,421 in the plan year 2022 filing to 25,806 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 521271901 · Sentara Healthcare PY 2023 · Other

Sentara 403(b) Savings Plan · $3.3B · 25,806 · 100th

  • EIN $3.3B
  • EIN 25,806
  • EIN 100th
  • EIN Other
  • EIN near Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan
  • EIN ind #17640

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 →

Sentara 403(b) Savings Plan in the asset neighbourhood

The University of Chicago Contributory Retirement PlanThe University of Chicago Co…$3.5BSentara 403(b) Savings Plan$3.3BWake Forest Baptist Medical Center 403(b) Retirement Savings PlanWake Forest Baptist Medical …$3.2BThe University of Pennsylvania Health System 403(b) Retirement Savings PlanThe University of Pennsylvan…$3.1BColumbia University Voluntary Retirement Savings PlanColumbia University Voluntar…$3.0B
End-of-year total assets ($B) among Sentara 403(b) Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$2.7B
Net Assets (End of Year)$3.3B
Net Income$560M
Employer EIN521271901
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sentara Healthcare)

Sponsor-wide plan assets over time

All Sentara Healthcare plans reported in each filing year

Latest sponsor-wide plan assets
$7.1B 37.92836143070335% vs 2022
2024 filing year
$4B$5B$6B$7B$8B 202220232024 $5.17B $7.14B ▲ +38.1%
Year Plans Participants Total Assets
2022 4 58,592 $5.2B
2023 4 57,999 $6.2B
2024 4 63,288 $7.1B

Nearby Other Plans in Virginia

Peer Other plans, same state, same plan type, ranked by total assets.

Sentara 403(b) Savings Plan vs. nearby Other plans in Virginia, assets vs. participants Scatter plot of 6 data points. 0100002000030000 01234 Total assets ($B) Participants Sentara 403(b) Savings Plan, Total assets ($B): 3.287712192 · Participants: 25806Sentara 403(b) Savings PlanThe George Washington University Supplemental Retirement Plan, Total assets ($B): 1.530650403 · Participants: 8047The George Washington University Supplemental Retirement PlanInstitute for Defense Analyses Tax Deferred Annuity Plan, Total assets ($B): 0.801043955 · Participants: 1453Institute for Defense Analyses Tax Deferred Annuity PlanCarilion Clinic 403(b) Retirement Savings Plan, Total assets ($B): 0.722085709 · Participants: 12978Carilion Clinic 403(b) Retirement Savings PlanCentra Health Matching Tax Deferred Savings Plan, Total assets ($B): 0.669994115 · Participants: 7141Centra Health Matching Tax Deferred Savings PlanUniversity of Richmond Defined Contribution Retirement Plan, Total assets ($B): 0.629346902 · Participants: 1843University of Richmond Defined Contribution Retirement Plan
Sentara 403(b) Savings Plan vs. nearby Other plans in Virginia, assets vs. participants

Scale composition for Sentara 403(b) Savings Plan

Sentara 403(b) Savings Plan reports $3.3B in end-of-year assets across 25,806 participants (0.027% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.027% of 93,925,755 covered participants) - about $127,401 per participant (92% of the national average assets-per-participant) . Net income for plan year 2023 was $560M.

This plan identity (EIN 521271901, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.7B (+37.3%) while covered participants moved from 26,421 to 28,192 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 26,421 $2.7B Open filing
2023 25,806 $3.3B This page
2024 · index core 28,192 $3.7B Open filing

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

Sentara 403(b) Savings Plan's out-of-state Other peers by assets and headcount

Outside Virginia, the nearest Other by assets is Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan in NC ($3.2B); by covered participants it is Supplemental Retirement Annuity Plan of the University of Pennsylvania in PA (25,712 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25,806 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 Sentara 403(b) Savings Plan assets move in 2023?
Sentara 403(b) Savings Plan grew sharply - up 20.5% during 2023, from $2.7B to $3.3B. Reported net income was $560M.
How have Sentara Healthcare plan assets changed over time?
Across 3 plan years on file (2022-2024), Sentara Healthcare's sponsor-wide assets grew 37.9%, from $5.2B to $7.1B.
Where does Sentara 403(b) Savings Plan rank by assets among Form 5500 filers?
Sentara 403(b) Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Other plans are similar in size to Sentara 403(b) Savings Plan?
Among Other plans in other states, the closest by assets is Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan in NC ($3.2B, 18,961 participants).
Which Other plans cover a similar participant headcount to Sentara 403(b) Savings Plan?
Among Other plans in other states, the closest by covered participants is Supplemental Retirement Annuity Plan of the University of Pennsylvania in PA (25,712 participants, $2.0B in assets).