401(k) · DOL Form 5500 · 2024

Carilion Clinic 401(k) Plan

Data updated 2026-08-11

$135M
Total assets
2,248
Participants
92nd
Percentile by assets
$60,088
Avg per participant
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Official DOL plan name: Carilion Clinic 401(k) Retirement Savings Plan · Sponsored by Carilion Clinic · Virginia · Healthcare & Social Assistance

$135M in assets, 2,248 participants

Carilion Clinic's Carilion Clinic 401(k) Retirement Savings Plan reported $135M in total assets and 2,248 participants in its 2024 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 123,622 plans)
  • #15,790 in Healthcare & Social Assistance (16,916 peers)

Coverage in Virginia

Carilion Clinic 401(k) Retirement Savings Plan covers 2,248 participants in Virginia, 2.9x the typical Virginia plan (state average ~782 per filing). Assets: $135M.

$135M
total plan assets (2024 EOY)
2,248
covered participants
92nd
percentile by assets (of 123,622 plans)
$60,088
avg assets per participant

Where Carilion Clinic 401(k) Retirement Savings Plan sits by total assets

Carilion Clinic 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$135,077,704 Top 8% higher than 92% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Carilion Clinic 401(k) Retirement Savings Plan reported net income fell from $13M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Carilion Clinic 401(k) Retirement Savings Plan end-of-year assets rose from $126M in the plan year 2023 filing to $135M in the plan year 2024 filing.
  • Carilion Clinic 401(k) Retirement Savings Plan reported participants fell from 2,360 in the plan year 2023 filing to 2,248 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Virginia
Industry
Healthcare & Social Assistance

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Carilion Clinic 401(k) Retirement Savings Plan reports 2,248 participants - 2.9x that state average ($135M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$126M
Net Assets (End of Year)$135M
Net Income$9M
Employer EIN541190771
Plan Effective Date1995-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carilion Clinic)

$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.98B $2.4B ▲ +21.2%
Total plan assets by year, all Carilion Clinic plans on file
Year Plans Participants Total Assets
2022 3 25,551 $2.0B
2023 3 26,344 $2.3B
2024 3 26,103 $2.4B

Nearby 401(k) Plans in Virginia

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

Carilion Clinic 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Carilion Clinic 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Carilion Clinic 401(…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Capital One Financia…Leidos, Inc. Retirem…
Carilion Clinic 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Carilion Clinic 401(k) Retirement Saving… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Carilion Clinic 401(k) Retirement Savings Plan assets move in 2024? ▼
Carilion Clinic 401(k) Retirement Savings Plan grew at a solid clip - up 7.5% during 2024, from $126M to $135M. Reported net income was $9M.
How have Carilion Clinic plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carilion Clinic's sponsor-wide assets grew 20.7%, from $2.0B to $2.4B.
Where does Carilion Clinic 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Carilion Clinic 401(k) Retirement Savings Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Carilion Clinic 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Yang Ming (America) Corporation 401(k) Plan in NJ ($135M, 238 participants).

Next read for Carilion Clinic 401(k) Retirement Saving…

Filing takeaways

Ways to act on Carilion Clinic 401(k) Retirement Savings Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541190771.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.