Other · DOL Form 5500 · 2023

Valley Health System Retirement Plan

Data updated 2026-08-11

$489M
Total assets
6,102
Participants
97th
Percentile by assets
$80,173
Avg per participant
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Official DOL plan name: Valley Health System Employee Contributory 403(b) Plan · Sponsored by Valley Health System · Virginia · Healthcare & Social Assistance

$489M in assets, 6,102 participants

Valley Health System's Valley Health System Employee Contributory 403(b) Plan reported $489M in total assets and 6,102 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,255 in Healthcare & Social Assistance (17,684 peers)

Coverage in Virginia

Valley Health System Employee Contributory 403(b) Plan covers 6,102 participants in Virginia, 7.8x the typical Virginia plan (state average ~782 per filing). Assets: $489M.

$489M
total plan assets (2023 EOY)
6,102
covered participants
97th
percentile by assets (of 127,072 plans)
$80,173
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Valley Health System Employee Contributory 403(b) Plan reported net income rose from -$60M in the plan year 2022 filing to $70M in the plan year 2023 filing.
  • Valley Health System Employee Contributory 403(b) Plan end-of-year assets rose from $419M in the plan year 2022 filing to $489M in the plan year 2023 filing.
  • Valley Health System Employee Contributory 403(b) Plan reported participants rose from 5,998 in the plan year 2022 filing to 6,102 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. Valley Health System Employee Contributory 403(b) Plan reports 6,102 participants - 7.8x that state average ($489M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$419M
Net Assets (End of Year)$489M
Net Income$70M
Employer EIN521357729
Plan Effective Date1987-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Valley Health System)

$200M$400M$600M$800M$1,000M 202220232024 $419M $860M â–˛ +105.1%
Total plan assets by year, all Valley Health System plans on file
Year Plans Participants Total Assets
2022 1 5,998 $419M
2023 2 7,614 $782M
2024 2 7,529 $860M

Nearby Other Plans in Virginia

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

Valley Health System Employee Contributory 403(b) Plan vs. nearby Other plans in Virginia, assets vs. participants

Valley Health System Employee Contributory 403(b) Plan vs. nearby Other plans in Virginia, assets vs. participants Scatter plot of 6 data points. 0100002000030000 01234 Total assets ($B) Participants Valley Health System…Sentara 403(b) Savin…The George Washingto…Institute for Defens…Carilion Clinic 403(…Centra Health Matchi…
Valley Health System Employee Contributory 403(b) Plan vs. nearby Other plans in Virginia, assets vs. participants

Scale composition for Valley Health System Employee Contributory 403(b) Plan

Valley Health System Employee Contributory 403(b) Plan reports $489M in end-of-year assets across 6,102 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $80,173 per participant (58% of the national average assets-per-participant) . Net income for plan year 2023 was $70M.

This plan identity (EIN 521357729, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $419M to $542M (+29.3%) while covered participants moved from 5,998 to 6,189 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,998 $419M Open filing
2023 6,102 $489M This page
2024 · index core 6,189 $542M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Other Plans Nationally

Other plans in other states closest to Valley Health System Employee Contributory 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Valley Health System Employee Contributory 403(b) Plan assets move in 2023?
Valley Health System Employee Contributory 403(b) Plan grew sharply - up 16.7% during 2023, from $419M to $489M. Reported net income was $70M.
How have Valley Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Valley Health System's sponsor-wide assets grew 105.1%, from $419M to $860M.
Where does Valley Health System Employee Contributory 403(b) Plan rank by assets among Form 5500 filers?
Valley Health System Employee Contributory 403(b) Plan ranks in the 97th 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 Other plans are similar in size to Valley Health System Employee Contributory 403(b) Plan?
Among Other plans in other states, the closest by assets is Electrical Workers Local 369 Retirement Fund in KY ($488M, 3,313 participants).

Next read for Valley Health System Employee Contributo…

Filing takeaways

Ways to act on Valley Health System Employee Contributory 403(b) Plan's numbers.