401(k) ยท DOL Form 5500 ยท 2024

Mary Washington Healthcare 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$270K
Total assets
1,634
Participants
1th
Percentile by assets

Sponsored by Mary Washington Healthcare ยท Virginia ยท Healthcare & Social Assistance

What the 2024 filing shows

Mary Washington Healthcare 401(k) Plan holds $270K for 1,634 participants - about $165 per participant, among the smaller plans by assets on file, down 99.7% over the 2024 plan year.

$270K
total plan assets (2024 EOY)
1,634
covered participants
1th
percentile by assets (of 67,083 plans)
$165
avg assets per participant

The plan reported a net loss of $90M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$270K
Participants
1,634
State
Industry
Healthcare & Social Assistance

What the Filing Says About Mary Washington Healthcare 401(k) Plan

Mary Washington Healthcare 401(k) Plan is a 401(k) retirement plan sponsored by Mary Washington Healthcare, headquartered in Virginia. As of the 2024 Form 5500 filing, the plan reports $270K in total end-of-year assets and covers 1,634 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 541240646, and the plan has been effective since 1992-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $90M at the beginning of 2024 to $270K at year-end - a decline of 99.7%. Net assets (after liabilities) closed the year at $270K, with reported net income of $-89,740,603 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$90M
Total Assets (End of Year)$270K
Net Assets (End of Year)$270K
Net Income$-89,740,603
Plan Type401(k)
Employer EIN541240646
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mary Washington Healthcare)

Year Plans Participants Total Assets
2022 3 5,508 $481M
2023 3 5,161 $537M
2024 3 5,154 $529M

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Frequently Asked Questions

How much money is in the Mary Washington Healthcare 401(k) Plan?
As of the 2024 Form 5500 filing, Mary Washington Healthcare 401(k) Plan holds $270K in total assets with 1,634 participants. It is sponsored by Mary Washington Healthcare.
What type of plan is Mary Washington Healthcare 401(k) Plan?
Mary Washington Healthcare 401(k) Plan is a 401(k) plan. It has been effective since 1992-01-01. The plan is filed with the U.S. Department of Labor under EIN 541240646.
Who sponsors the Mary Washington Healthcare 401(k) Plan?
Mary Washington Healthcare 401(k) Plan is sponsored by Mary Washington Healthcare, located in Virginia. The sponsor's EIN is 541240646 and the plan operates in the Healthcare & Social Assistance industry.
How did Mary Washington Healthcare 401(k) Plan perform in 2024?
Mary Washington Healthcare 401(k) Plan declined by 99.7% during 2024, moving from $90M to $270K in total assets. Net income was $-89,740,603.
Where can I find official filings for Mary Washington Healthcare 401(k) Plan?
Official Form 5500 filings for Mary Washington Healthcare 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541240646 or plan name at efast.dol.gov.
How does Mary Washington Healthcare 401(k) Plan compare to other plans?
You can compare Mary Washington Healthcare 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 541240646.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

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