Other · DOL Form 5500 · 2024

Carilion Clinic Retirement Plan

Data updated 2026-08-25

$822M
Total assets Above avg plan size
13,296
Participants Very large workforce
98th
Percentile by assets National rank
$61,837
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Carilion Clinic 403(b) Retirement Savings Plan · Sponsored by Carilion Clinic · Virginia · Healthcare & Social Assistance

$822M in assets, 13,296 participants

Carilion Clinic's Carilion Clinic 403(b) Retirement Savings Plan reported $822M in total assets and 13,296 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #16,616 in Healthcare & Social Assistance (16,916 peers)

Coverage in Virginia

Carilion Clinic 403(b) Retirement Savings Plan covers 13,296 participants in Virginia, 17x the typical Virginia plan (state average ~782 per filing). Assets: $822M.

#16,616
in Healthcare & Social Assistance (16,916 peers)
+13.9%
assets growth YoY
8.2×
vs typical plan assets (national mean)

Carilion Clinic 403(b) Retirement Savings Plan's outsized position by total assets

Carilion Clinic 403(b) Retirement Savings Plan vs every filed plan by assets

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

$822,189,307 Top 2% higher than 98% of 123,620 filed plans

This plan $0 $2,050,000,000 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

Carilion Clinic 403(b) Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carilion Clinic 403(b) Retirement Savings Plan is a mega filing (13,296 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Carilion Clinic 403(b) Retirement Savings Plan reported net income fell from $125M in the plan year 2023 filing to $100M in the plan year 2024 filing.
  • Carilion Clinic 403(b) Retirement Savings Plan end-of-year assets rose from $722M in the plan year 2023 filing to $822M in the plan year 2024 filing.
  • Carilion Clinic 403(b) Retirement Savings Plan reported participants rose from 12,978 in the plan year 2023 filing to 13,296 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 541190771 · Carilion Clinic PY 2024 · Other

Carilion Clinic 403(b) Retirement Savings Plan · $822M · 13,296 · 98th

  • EIN $822M
  • EIN 13,296
  • EIN 98th
  • EIN Other
  • EIN near Rady Children's Hospital- San Diego 403(b) Plan
  • EIN ind #16616

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Virginia →

Carilion Clinic 403(b) Retirement Savings Plan in the asset neighbourhood

Mercy Health Corporation Employees Retirement PlanMercy Health Corporation Emp…$828MCarilion Clinic 403(b) Retirement Savings PlanCarilion Clinic 403(b) Retir…$822MRady Children's Hospital- San Diego 403(b) PlanRady Children's Hospital- Sa…$820MMidmichigan Health 403b Savings PlanMidmichigan Health 403b Savi…$818MCarpenters & Joiners Defined Contribution PlanCarpenters & Joiners Defined…$811M
End-of-year total assets ($M) among Carilion Clinic 403(b) Retirement Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$722M
Net Assets (End of Year)$822M
Net Income$100M
Employer EIN541190771
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carilion Clinic)

Sponsor-wide plan assets over time

All Carilion Clinic plans reported in each filing year

Latest sponsor-wide plan assets
$2.4B 20.722181716512168% vs 2022
2024 filing year
$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.98B $2.4B ▲ +21.2%
Year Plans Participants Total Assets
2022 3 25,551 $2.0B
2023 3 26,344 $2.3B
2024 3 26,103 $2.4B

Nearby Other Plans in Virginia

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

Carilion Clinic 403(b) Retirement Savings Plan vs. nearby Other plans in Virginia, assets vs. participants Scatter plot of 6 data points. 0100002000030000 0123456 Total assets ($B) Participants Carilion Clinic 403(b) Retirement Savings Plan, Total assets ($B): 0.822189307 · Participants: 13296Carilion Clinic 403(b) Retirement Savings PlanThe Mitre Corporation Tax Sheltered Annuity Plan, Total assets ($B): 5.12389915 · Participants: 12379The Mitre Corporation Tax Sheltered Annuity PlanSentara 403(b) Savings Plan, Total assets ($B): 3.744462888 · Participants: 28192Sentara 403(b) Savings PlanThe George Washington University Supplemental Retirement Plan, Total assets ($B): 1.64916352 · Participants: 8262The George Washington University Supplemental Retirement PlanInstitute for Defense Analyses Tax Deferred Annuity Plan, Total assets ($B): 0.875147544 · Participants: 1541Institute for Defense Analyses Tax Deferred Annuity PlanCentra Health Matching Tax Deferred Savings Plan, Total assets ($B): 0.747118185 · Participants: 7362Centra Health Matching Tax Deferred Savings Plan
Carilion Clinic 403(b) Retirement Savings Plan vs. nearby Other plans in Virginia, assets vs. participants

Scale composition for Carilion Clinic 403(b) Retirement Savings Plan

Carilion Clinic 403(b) Retirement Savings Plan reports $822M in end-of-year assets across 13,296 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $61,837 per participant (45% of the national average assets-per-participant) . Net income for plan year 2024 was $100M.

This plan identity (EIN 541190771, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $597M to $822M (+37.7%) while covered participants moved from 12,418 to 13,296 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,418 $597M Open filing
2023 12,978 $722M Open filing
2024 · index core 13,296 $822M This page

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

Carilion Clinic 403(b) Retirement Savings Plan's out-of-state Other peers by assets and headcount

Outside Virginia, the nearest Other by assets is Rady Children's Hospital- San Diego 403(b) Plan in CA ($820M); by covered participants it is Baylor College of Medicine Section 403b in TX (13,205 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($822M here).

Similar participant headcount

Nearest other-state filings by covered participants (13,296 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Carilion Clinic 403(b) Retirement Savings Plan assets move in 2024?
Carilion Clinic 403(b) Retirement Savings Plan grew at a solid clip - up 13.9% during 2024, from $722M to $822M. Reported net income was $100M.
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 403(b) Retirement Savings Plan rank by assets among Form 5500 filers?
Carilion Clinic 403(b) Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Carilion Clinic 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by assets is Rady Children's Hospital- San Diego 403(b) Plan in CA ($820M, 5,957 participants).
Which Other plans cover a similar participant headcount to Carilion Clinic 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by covered participants is Baylor College of Medicine Section 403b in TX (13,205 participants, $2.2B in assets).