Profit Sharing · DOL Form 5500 · 2023
Sentara Healthcare Profit Sharing Plan
Data updated 2026-08-06
- $122M
- Total assets
- 13,430
- Participants
- 92nd
- Percentile by assets
- $9,047
- Avg per participant
Official DOL plan name: Sentara Healthcare 401(a) Retirement Plan · Sponsored by Sentara Healthcare · Virginia · Healthcare & Social Assistance
$122M in assets, 13,430 participants
Sentara Healthcare's Sentara Healthcare 401(a) Retirement Plan reported $122M in total assets and 13,430 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 126,618 plans)
- #16,465 in Healthcare & Social Assistance (17,626 peers)
Coverage in Virginia
Sentara Healthcare 401(a) Retirement Plan covers 13,430 participants in Virginia, 17x the typical Virginia plan (state average ~781 per filing). Assets: $122M.
- $122M
- total plan assets (2023 EOY)
- 13,430
- covered participants
- 92nd
- percentile by assets (of 126,618 plans)
- $9,047
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sentara Healthcare 401(a) Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $32M in the plan year 2023 filing.
- Sentara Healthcare 401(a) Retirement Plan end-of-year assets rose from $89M in the plan year 2022 filing to $122M in the plan year 2023 filing.
- Sentara Healthcare 401(a) Retirement Plan reported participants rose from 11,613 in the plan year 2022 filing to 13,430 in the plan year 2023 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 781 participants across 3,490 plans. Sentara Healthcare 401(a) Retirement Plan reports 13,430 participants - 17x that state average ($122M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $89M |
|---|---|
| Net Assets (End of Year) | $122M |
| Net Income | $32M |
| Employer EIN | 521271901 |
| Plan Effective Date | 2011-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sentara Healthcare)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 58,592 | $5.2B |
| 2023 | 4 | 57,999 | $6.2B |
| 2024 | 4 | 63,288 | $7.1B |
Nearby Profit Sharing Plans in Virginia
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sentara Healthcare 401(a) Retirement Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants
- Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia $1.1B · 5,192
- Carpenter Co. Profit-Sharing Plan $299M · 2,085
- American Institutes for Research Tax Deferred Annuity Plan $277M · 1,521
- Analytic Services Inc. Defined Contribution Retirement Plan $205M · 584
- Associated Universities Inc. Retirement Plan $193M · 541
Scale composition for Sentara Healthcare 401(a) Retirement Plan
Sentara Healthcare 401(a) Retirement Plan reports $122M in end-of-year assets across 13,430 participants (0.001% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.015% of 89,805,449 covered participants) - about $9,047 per participant (7% of the national average assets-per-participant) . Net income for plan year 2023 was $32M.
This plan identity (EIN 521271901, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $89M to $160M (+78.9%) while covered participants moved from 11,613 to 17,694 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,613 | $89M | Open filing |
| 2023 | 13,430 | $122M | This page |
| 2024 · index core | 17,694 | $160M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Sentara 403(b) Savings Plan (Other, $3.7B, 28,192 participants)
- Sentara Pension Plan (Defined Benefit (Pension), $3.2B, 17,156 participants)
- Sentara 401(a) Retirement Plan (Profit Sharing, $160M, 17,694 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sentara Healthcare 401(a) Retirement Plan by total assets, not by location.
- Building Laborers Local 310 Annuity Fund (OH) $122M · 1,341
- Mid-Atlantic Regional Council of Carpenters' Annuity Fund (MD) $122M · 13,291
- Dolese Bros. Co. Profit Sharing Plan (OK) $121M · 992
- Jj Keller & Associates, Inc. Employees' Profit Sharing Retirement Plan (WI) $121M · 1,823
Frequently Asked Questions
How did Sentara Healthcare 401(a) Retirement Plan assets move in 2023? ▼
How have Sentara Healthcare plan assets changed over time? ▼
Where does Sentara Healthcare 401(a) Retirement Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Sentara Healthcare 401(a) Retirement Plan? ▼
Next read for Sentara Healthcare 401(a) Retirement Pla…
Filing takeaways
Ways to act on Sentara Healthcare 401(a) Retirement Plan's numbers.
- By total assets, Sentara Healthcare 401(a) Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Virginia. Compare plans
- Sentara Healthcare's sponsor-wide assets have grown 37.9% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans