401(k) · DOL Form 5500 · 2024

Inova Health System Foundation 401(k) Plan

Data updated 2026-08-25

$3.5B
Total assets Very large vs avg
21,716
Participants Very large workforce
100th
Percentile by assets National rank
$160,993
Avg per participant Above avg balance/head
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Official DOL plan name: Inova Health System Retirement Savings Plan · Sponsored by Inova Health System Foundation · Virginia · Healthcare & Social Assistance

$3.5B in assets, 21,716 participants

Inova Health System Foundation's Inova Health System Retirement Savings Plan reported $3.5B in total assets and 21,716 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • #16,863 in Healthcare & Social Assistance (16,916 peers)

Coverage in Virginia

Inova Health System Retirement Savings Plan covers 21,716 participants in Virginia, 28x the typical Virginia plan (state average ~782 per filing). Assets: $3.5B.

#16,863
in Healthcare & Social Assistance (16,916 peers)
+18.9%
assets growth YoY
35×
vs typical plan assets (national mean)

Inova Health System Retirement Savings Plan's outsized position by total assets

Inova Health System Retirement Savings Plan vs every filed plan by assets

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

$3,496,117,018 Highest reported value at or above every one 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

Inova Health System 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. Inova Health System Retirement Savings Plan is a mega filing (21,716 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Inova Health System Retirement Savings Plan end-of-year assets rose from $2.9B in the plan year 2023 filing to $3.5B in the plan year 2024 filing.
  • Inova Health System Retirement Savings Plan reported participants rose from 19,635 in the plan year 2023 filing to 21,716 in the plan year 2024 filing.
  • Inova Health System Retirement Savings Plan reported net income fell from $583M in the plan year 2023 filing to $556M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 541071867 · Inova Health System Foundation PY 2024 · 401(k)

Inova Health System Retirement Savings Plan · $3.5B · 21,716 · 100th

  • BOY $3.5B
  • SCH 21,716
  • EBSA 100th
  • PART 401(k)
  • TYPE near Lnc Employees' 401(k) Savings Plan
  • NET ind #16863

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 →

Inova Health System Retirement Savings Plan in the asset neighbourhood

Allina 401(k) Retirement Savings PlanAllina 401(k) Retirement Sav…$3.5BFluor Corporation Employees Savings Investment PlanFluor Corporation Employees …$3.5BLnc Employees' 401(k) Savings PlanLnc Employees' 401(k) Saving…$3.5BFedex Corporation Retirement Savings Plan IIFedex Corporation Retirement…$3.5BInova Health System Retirement Savings PlanInova Health System Retireme…$3.5B
End-of-year total assets ($B) among Inova Health System Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$2.9B
Net Assets (End of Year)$3.5B
Net Income$556M
Employer EIN541071867
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inova Health System Foundation)

Sponsor-wide plan assets over time

All Inova Health System Foundation plans reported in each filing year

Latest sponsor-wide plan assets
$3.7B 46.78229289637805% vs 2022
2024 filing year
$2B$2.5B$3B$3.5B$4B 202220232024 $2.49B $3.65B ▲ +46.6%
Year Plans Participants Total Assets
2022 2 35,478 $2.5B
2023 2 39,461 $3.1B
2024 2 43,773 $3.7B

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Inova Health System Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 01020304050 Total assets ($B) Participants Inova Health System Retirement Savings Plan, Total assets ($B): 3.496117018 · Participants: 21716Inova Health System Retirement Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Inova Health System Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Inova Health System Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Inova Health System Retirement Savings Plan

Inova Health System Retirement Savings Plan reports $3.5B in end-of-year assets across 21,716 participants (0.028% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $160,993 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2024 was $556M.

This plan identity (EIN 541071867, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.4B to $3.5B (+48.3%) while covered participants moved from 17,915 to 21,716 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 17,915 $2.4B Open filing
2023 19,635 $2.9B Open filing
2024 · index core 21,716 $3.5B This page

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

Inova Health System Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Lnc Employees' 401(k) Savings Plan in PA ($3.5B); by covered participants it is Keurig Dr Pepper 401(k) Plan in TX (21,709 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (21,716 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 Inova Health System Retirement Savings Plan assets move in 2024? ▼
Inova Health System Retirement Savings Plan grew sharply - up 18.9% during 2024, from $2.9B to $3.5B. Reported net income was $556M.
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 Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Inova Health System Retirement Savings Plan ranks in the 100th 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 401(k) plans are similar in size to Inova Health System Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lnc Employees' 401(k) Savings Plan in PA ($3.5B, 11,126 participants).
Which 401(k) plans cover a similar participant headcount to Inova Health System Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Keurig Dr Pepper 401(k) Plan in TX (21,709 participants, $1.9B in assets).

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 541071867.

Read our methodology - how this data is sourced, computed, and verified.

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