Profit Sharing · DOL Form 5500 · 2024

The Governing Committee of the Section 403(b) Defined Contribution Profit Sharing Plan

Data updated 2026-08-11

$1.3B
Total assets
5,562
Participants
99th
Percentile by assets
$230,810
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia · Sponsored by The Governing Committee of the Section 403(b) Defined Contribution · Virginia · Educational Services

$1.3B in assets, 5,562 participants

The Governing Committee of the Section 403(b) Defined Contribution's Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reported $1.3B in total assets and 5,562 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 123,622 plans)
  • #3,577 in Educational Services (3,638 peers)

Coverage in Virginia

Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia covers 5,562 participants in Virginia, 7.1x the typical Virginia plan (state average ~782 per filing). Assets: $1.3B.

$1.3B
total plan assets (2024 EOY)
5,562
covered participants
99th
percentile by assets (of 123,622 plans)
$230,810
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reported net income fell from $103M in the plan year 2023 filing to $60M in the plan year 2024 filing.
  • Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.
  • Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reported participants rose from 5,192 in the plan year 2023 filing to 5,562 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reports 5,562 participants - 7.1x that state average ($1.3B EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.3B
Net Income$60M
Employer EIN824833402
Plan Effective Date2018-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Governing Committee of the Section 403(b) Defined Contribution)

$0.8B$1B$1.2B$1.4B 202220232024 $0.89B $1.28B â–˛ +43.8%
Total plan assets by year, all The Governing Committee of the Section 403(b) Defined Contribution plans on file
Year Plans Participants Total Assets
2022 1 4,858 $889M
2023 1 5,192 $1.1B
2024 1 5,562 $1.3B

Nearby Profit Sharing Plans in Virginia

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

Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia vs. nearby Profit Sharing plans in Virginia, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 00.511.5 Total assets ($B) Participants Section 403(b) Defin…Carpenter Co. Profit…American Institutes …Analytic Services In…Associated Universit…Sentara 401(a) Retir…
Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Scale composition for Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia

Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia reports $1.3B in end-of-year assets across 5,562 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $230,810 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2024 was $60M.

This plan identity (EIN 824833402, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $889M to $1.3B (+44.4%) while covered participants moved from 4,858 to 5,562 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,858 $889M Open filing
2023 5,192 $1.1B Open filing
2024 · index core 5,562 $1.3B This page

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia by total assets, not by location.

Frequently Asked Questions

How did Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia assets move in 2024?
Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia grew sharply - up 20.5% during 2024, from $1.1B to $1.3B. Reported net income was $60M.
How have The Governing Committee of the Section 403(b) Defined Contribution plan assets changed over time?
Across 3 plan years on file (2022-2024), The Governing Committee of the Section 403(b) Defined Contribution's sponsor-wide assets grew 44.4%, from $889M to $1.3B.
Where does Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia rank by assets among Form 5500 filers?
Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Profit Sharing plans are similar in size to Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia?
Among Profit Sharing plans in other states, the closest by assets is The Research Foundation for the State University of New York Retirement Plan in NY ($1.3B, 9,758 participants).

Next read for Section 403(b) Defined Contribution Plan…

Filing takeaways

Ways to act on Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia's numbers.

  • By total assets, Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Virginia. Compare plans
  • The Governing Committee of the Section 403(b) Defined Contribution's sponsor-wide assets have grown 44.4% since 2022 across 3 plan years on file. More Educational Services plans