Other · DOL Form 5500 · 2024

Carilion Clinic Retirement Plan

Data updated 2026-07-24

$822M
Total assets
13,296
Participants
98th
Percentile by assets
$61,837
Avg per participant
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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.

  • 98th percentile by assets (of 116,472 plans)

Coverage in Virginia

Carilion Clinic 403(b) Retirement Savings Plan covers 13,296 participants in Virginia, 17x the typical Virginia plan (state average ~781 per filing). Assets: $822M.

$822M
total plan assets (2024 EOY)
13,296
covered participants
98th
percentile by assets (of 116,472 plans)
$61,837
avg assets per participant

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 →

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. Carilion Clinic 403(b) Retirement Savings Plan reports 13,296 participants - 17x that state average ($822M EOY assets).

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)

$0.5B$1B$1.5B$2B$2.5B 202220232024 $1.98B $0.96B â–Ľ -51.5%
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 2 15,544 $957M

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

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(…The Mitre Corporatio…Sentara 403(b) Savin…The George Washingto…Institute for Defens…Centra Health Matchi…
Carilion Clinic 403(b) Retirement Savings Plan vs. nearby Other plans in Virginia, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Carilion Clinic 403(b) Retirement Savings Plan by total assets, not by location.

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 declined 51.8%, from $2.0B to $957M.
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 116,472 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).

Next read for Carilion Clinic 403(b) Retirement Saving…

Filing takeaways

Ways to act on Carilion Clinic 403(b) 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.

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