401(k) · DOL Form 5500 · 2023

Privia Health LLC 401(k) Plan

Data updated 2026-08-11

$392M
Total assets
5,125
Participants
97th
Percentile by assets
$76,488
Avg per participant
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Official DOL plan name: Privia Retirement Plan · Sponsored by Privia Health LLC · Virginia · Professional & Technical Services

$392M in assets, 5,125 participants

Privia Health LLC's Privia Retirement Plan reported $392M in total assets and 5,125 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)
  • #19,866 in Professional & Technical Services (20,321 peers)

Coverage in Virginia

Privia Retirement Plan covers 5,125 participants in Virginia, 6.6x the typical Virginia plan (state average ~782 per filing). Assets: $392M.

$392M
total plan assets (2023 EOY)
5,125
covered participants
97th
percentile by assets (of 127,072 plans)
$76,488
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Privia Retirement Plan reported net income rose from -$32M in the plan year 2022 filing to $97M in the plan year 2023 filing.
  • Privia Retirement Plan end-of-year assets rose from $344M in the plan year 2022 filing to $392M in the plan year 2023 filing.
  • Privia Retirement Plan reported participants rose from 4,886 in the plan year 2022 filing to 5,125 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. Privia Retirement Plan reports 5,125 participants - 6.6x that state average ($392M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$344M
Net Assets (End of Year)$392M
Net Income$97M
Employer EIN261385077
Plan Effective Date2011-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Privia Health LLC)

$300M$350M$400M$450M$500M 202220232024 $344M $463M ▲ +34.6%
Total plan assets by year, all Privia Health LLC plans on file
Year Plans Participants Total Assets
2022 1 4,886 $344M
2023 1 5,125 $392M
2024 1 5,196 $463M

Nearby 401(k) Plans in Virginia

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

Privia Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Privia Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -10010203040 Total assets ($B) Participants Privia Retirement PlanNorthrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Privia Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Scale composition for Privia Retirement Plan

Privia Retirement Plan reports $392M in end-of-year assets across 5,125 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $76,488 per participant (55% of the national average assets-per-participant) . Net income for plan year 2023 was $97M.

This plan identity (EIN 261385077, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $344M to $463M (+34.6%) while covered participants moved from 4,886 to 5,196 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,886 $344M Open filing
2023 5,125 $392M This page
2024 · index core 5,196 $463M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Privia Retirement Plan assets move in 2023?
Privia Retirement Plan grew at a solid clip - up 14.1% during 2023, from $344M to $392M. Reported net income was $97M.
How have Privia Health LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Privia Health LLC's sponsor-wide assets grew 34.6%, from $344M to $463M.
Where does Privia Retirement Plan rank by assets among Form 5500 filers?
Privia Retirement 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 401(k) plans are similar in size to Privia Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Chenega Corporation 401(k) Profit Sharing Plan and Trust in AK ($392M, 6,984 participants).

Filing takeaways

Ways to act on Privia Retirement Plan's numbers.