401(k) · DOL Form 5500 · 2024

Franconia-Springfield Surgery 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
355
Participants Below avg headcount
75th
Percentile by assets National rank
$74,946
Avg per participant Below avg balance/head
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Official DOL plan name: Inova Surgery Centers 401(k) Plan · Sponsored by Franconia-Springfield Surgery · Virginia · Healthcare & Social Assistance

$27M in assets, 355 participants

Franconia-Springfield Surgery's Inova Surgery Centers 401(k) Plan reported $27M in total assets and 355 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #13,375 in Healthcare & Social Assistance (16,916 peers)

Coverage in Virginia

Inova Surgery Centers 401(k) Plan covers 355 participants in Virginia, about 45% of the average Virginia filer (state average ~782 per filing). Assets: $27M.

#13,375
in Healthcare & Social Assistance (16,916 peers)
+15.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Inova Surgery Centers 401(k) Plan's outsized position by total assets

Inova Surgery Centers 401(k) Plan vs every filed plan by assets

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

$26,605,684 Top 25% higher than 75% 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 Surgery Centers 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Inova Surgery Centers 401(k) Plan sits mid-pack in the medium band (355 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Inova Surgery Centers 401(k) Plan end-of-year assets rose from $23M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Inova Surgery Centers 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Inova Surgery Centers 401(k) Plan reported participants rose from 318 in the plan year 2023 filing to 355 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 542018390 · Franconia-Springfield Surgery PY 2024 · 401(k)

Inova Surgery Centers 401(k) Plan · $27M · 355 · 75th

  • TYPE $27M
  • TYPE 355
  • TYPE 75th
  • TYPE 401(k)
  • TYPE near Burness Communications 401(k) Plan
  • TYPE ind #13375

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 Surgery Centers 401(k) Plan in the asset neighbourhood

Inova Surgery Centers 401(k) PlanInova Surgery Centers 401(k)…$27MBurness Communications 401(k) PlanBurness Communications 401(k…$27MNewday USA Retirement Plan$27MAtlas Healthcare Partners 401(k) PlanAtlas Healthcare Partners 40…$27MU.M.C., Inc Employee 401(k) PlanU.M.C., Inc Employee 401(k) …$27M
End-of-year total assets ($M) among Inova Surgery Centers 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$27M
Net Income$4M
Employer EIN542018390
Plan Effective Date2017-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franconia-Springfield Surgery)

Sponsor-wide plan assets over time

All Franconia-Springfield Surgery plans reported in each filing year

Latest sponsor-wide plan assets
$27M 41.97420015430259% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.7M $26.6M ▲ +42.0%
Year Plans Participants Total Assets
2022 1 315 $19M
2023 1 318 $23M
2024 1 355 $27M

Nearby 401(k) Plans in Virginia

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

Inova Surgery Centers 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Inova Surgery Centers 401(k) Plan, Total assets ($B): 0.026605684 · Participants: 355Inova Surgery Centers 401(k) 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 Surgery Centers 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Inova Surgery Centers 401(k) Plan side-by-side with 3 peers →

Inova Surgery Centers 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Burness Communications 401(k) Plan in MD ($27M); by covered participants it is Koroseal Interior Products Retirement Savings Plan and Trust in OH (355 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($27M here).

Similar participant headcount

Nearest other-state filings by covered participants (355 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 Surgery Centers 401(k) Plan assets move in 2024? ▼
Inova Surgery Centers 401(k) Plan grew sharply - up 15.8% during 2024, from $23M to $27M. Reported net income was $4M.
How have Franconia-Springfield Surgery plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franconia-Springfield Surgery's sponsor-wide assets grew 42.0%, from $19M to $27M.
Where does Inova Surgery Centers 401(k) Plan rank by assets among Form 5500 filers? ▼
Inova Surgery Centers 401(k) Plan ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Inova Surgery Centers 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Burness Communications 401(k) Plan in MD ($27M, 63 participants).
Which 401(k) plans cover a similar participant headcount to Inova Surgery Centers 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Koroseal Interior Products Retirement Savings Plan and Trust in OH (355 participants, $35M 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 542018390.

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.