Other · DOL Form 5500 · 2024

Inova Health System Foundation Retirement Plan

Data updated 2026-08-11

$157M
Total assets
22,057
Participants
93rd
Percentile by assets
$7,099
Avg per participant
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Official DOL plan name: Inova Health System 403(b) Plan · Sponsored by Inova Health System Foundation · Virginia · Healthcare & Social Assistance

$157M in assets, 22,057 participants

Inova Health System Foundation's Inova Health System 403(b) Plan reported $157M in total assets and 22,057 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #15,887 in Healthcare & Social Assistance (16,916 peers)

Coverage in Virginia

Inova Health System 403(b) Plan covers 22,057 participants in Virginia, 28x the typical Virginia plan (state average ~782 per filing). Assets: $157M.

$157M
total plan assets (2024 EOY)
22,057
covered participants
93rd
percentile by assets (of 123,622 plans)
$7,099
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Inova Health System 403(b) Plan reported net income fell from $18M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Inova Health System 403(b) Plan reported participants rose from 19,826 in the plan year 2023 filing to 22,057 in the plan year 2024 filing.
  • Inova Health System 403(b) Plan end-of-year assets rose from $149M in the plan year 2023 filing to $157M 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. Inova Health System 403(b) Plan reports 22,057 participants - 28x that state average ($157M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$149M
Net Assets (End of Year)$157M
Net Income$7M
Employer EIN541071867
Plan Effective Date1981-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inova Health System Foundation)

$2B$2.5B$3B$3.5B$4B 202220232024 $2.49B $3.65B ▲ +46.6%
Total plan assets by year, all Inova Health System Foundation plans on file
Year Plans Participants Total Assets
2022 2 35,478 $2.5B
2023 2 39,461 $3.1B
2024 2 43,773 $3.7B

Nearby Other Plans in Virginia

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

Inova Health System 403(b) Plan vs. nearby Other plans in Virginia, assets vs. participants

Inova Health System 403(b) Plan vs. nearby Other plans in Virginia, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -20246 Total assets ($B) Participants Inova Health System …The Mitre Corporatio…Sentara 403(b) Savin…The George Washingto…Institute for Defens…Carilion Clinic 403(…
Inova Health System 403(b) Plan vs. nearby Other plans in Virginia, assets vs. participants

Scale composition for Inova Health System 403(b) Plan

Inova Health System 403(b) Plan reports $157M in end-of-year assets across 22,057 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $7,099 per participant (5% of the national average assets-per-participant) . Net income for plan year 2024 was $7M.

This plan identity (EIN 541071867, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $131M to $157M (+19.4%) while covered participants moved from 17,563 to 22,057 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 17,563 $131M Open filing
2023 19,826 $149M Open filing
2024 · index core 22,057 $157M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Other Plans Nationally

Other plans in other states closest to Inova Health System 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Inova Health System 403(b) Plan assets move in 2024?
Inova Health System 403(b) Plan edged up modestly - up 4.8% during 2024, from $149M to $157M. Reported net income was $7M.
How have Inova Health System Foundation plan assets changed over time?
Across 3 plan years on file (2022-2024), Inova Health System Foundation's sponsor-wide assets grew 46.8%, from $2.5B to $3.7B.
Where does Inova Health System 403(b) Plan rank by assets among Form 5500 filers?
Inova Health System 403(b) Plan ranks in the 93rd 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 Other plans are similar in size to Inova Health System 403(b) Plan?
Among Other plans in other states, the closest by assets is Sheppard Pratt Health System 403(b) Retirement Plan in MD ($157M, 4,161 participants).

Filing takeaways

Ways to act on Inova Health System 403(b) Plan's numbers.