Defined Benefit (Pension) · DOL Form 5500 · 2023

Sentara Healthcare Pension Plan

Data updated 2026-08-11

$2.8B
Total assets
18,499
Participants
100th
Percentile by assets
$152,015
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Sentara Pension Plan · Sponsored by Sentara Healthcare · Virginia · Healthcare & Social Assistance

$2.8B in assets, 18,499 participants

Sentara Healthcare's Sentara Pension Plan reported $2.8B in total assets and 18,499 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.

  • 100th percentile by assets (of 127,072 plans)
  • #17,623 in Healthcare & Social Assistance (17,684 peers)

Coverage in Virginia

Sentara Pension Plan covers 18,499 participants in Virginia, 24x the typical Virginia plan (state average ~782 per filing). Assets: $2.8B.

$2.8B
total plan assets (2023 EOY)
18,499
covered participants
100th
percentile by assets (of 127,072 plans)
$152,015
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sentara Pension Plan reported net income rose from -$524M in the plan year 2022 filing to $238M in the plan year 2023 filing.
  • Sentara Pension Plan end-of-year assets rose from $2.3B in the plan year 2022 filing to $2.8B in the plan year 2023 filing.
  • Sentara Pension Plan reported participants fell from 20,272 in the plan year 2022 filing to 18,499 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 Pension Plan reports 18,499 participants - 24x that state average ($2.8B EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$2.3B
Net Assets (End of Year)$2.5B
Net Income$238M
Employer EIN521271901
Plan Effective Date1963-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sentara Healthcare)

$4B$5B$6B$7B$8B 202220232024 $5.17B $7.14B ▲ +38.1%
Total plan assets by year, all Sentara Healthcare plans on file
Year Plans Participants Total Assets
2022 4 58,592 $5.2B
2023 4 57,999 $6.2B
2024 4 63,288 $7.1B

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sentara Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Sentara Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 05101520 Total assets ($B) Participants Sentara Pension PlanNorthrop Grumman Pen…Retirement Security …Ng Space&mission Sys…Sheet Metal Workers'…Dominion Energy Pens…
Sentara Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Scale composition for Sentara Pension Plan

Sentara Pension Plan reports $2.8B in end-of-year assets across 18,499 participants (0.023% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.020% of 93,925,755 covered participants) - about $152,015 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $238M.

This plan identity (EIN 521271901, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.3B to $3.2B (+37.3%) while covered participants moved from 20,272 to 17,156 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 20,272 $2.3B Open filing
2023 18,499 $2.8B This page
2024 · index core 17,156 $3.2B Open filing

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

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sentara Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Sentara Pension Plan assets move in 2023?
Sentara Pension Plan grew sharply - up 20.0% during 2023, from $2.3B to $2.8B. Reported net income was $238M.
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 Pension Plan rank by assets among Form 5500 filers?
Sentara Pension 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 Defined Benefit (Pension) plans are similar in size to Sentara Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bjc Pension Plan in MO ($2.8B, 19,553 participants).

Filing takeaways

Ways to act on Sentara Pension Plan's numbers.