Defined Benefit (Pension) · DOL Form 5500 · 2024

Valley Health System Pension Plan

Data updated 2026-08-25

$318M
Total assets Above avg plan size
1,340
Participants Near avg headcount
96th
Percentile by assets National rank
$237,126
Avg per participant Above avg balance/head
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Official DOL plan name: Valley Health System Merged Defined Benefit Plan · Sponsored by Valley Health System · Virginia · Healthcare & Social Assistance

$318M in assets, 1,340 participants

Valley Health System's Valley Health System Merged Defined Benefit Plan reported $318M in total assets and 1,340 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #16,269 in Healthcare & Social Assistance (16,916 peers)

Where Valley Health System Merged Defined Benefit Plan sits by assets

Valley Health System Merged Defined Benefit Plan sits in the top 5% of all filed plans by assets, $318M for 1,340 participants (~$237,126/participant), up 8.7% in 2024.

#16,269
in Healthcare & Social Assistance (16,916 peers)
+8.7%
assets growth YoY
3.2×
vs typical plan assets (national mean)

Valley Health System Merged Defined Benefit Plan's outsized position by total assets

Valley Health System Merged Defined Benefit Plan vs every filed plan by assets

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

$317,748,597 Top 4% higher than 96% 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

Valley Health System Merged Defined Benefit Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Valley Health System Merged Defined Benefit Plan lands in the large band (1,340 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Valley Health System Merged Defined Benefit Plan reported net income rose from $22M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Valley Health System Merged Defined Benefit Plan reported participants fell from 1,512 in the plan year 2023 filing to 1,340 in the plan year 2024 filing.
  • Valley Health System Merged Defined Benefit Plan end-of-year assets rose from $292M in the plan year 2023 filing to $318M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 521357729 · Valley Health System PY 2024 · Defined Benefit (Pension)

Valley Health System Merged Defined Benefit Plan · $318M · 1,340 · 96th

  • TYPE $318M
  • NET 1,340
  • BOOK 96th
  • VS-ST Defined Benefit (Pension)
  • BOY near Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees
  • SCH ind #16269

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 →

Valley Health System Merged Defined Benefit Plan in the asset neighbourhood

Teamsters National Pipe Line Pension PlanTeamsters National Pipe Line…$318MValley Health System Merged Defined Benefit PlanValley Health System Merged …$318MHubbell Incorporated Retirement Plan for Salaried and Hourly EmployeesHubbell Incorporated Retirem…$318MBronson Healthcare Retirement PlanBronson Healthcare Retiremen…$318MWps Pension Plan$317M
End-of-year total assets ($M) among Valley Health System Merged Defined Benefit Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$292M
Net Assets (End of Year)$318M
Net Income$25M
Employer EIN521357729
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Valley Health System)

Sponsor-wide plan assets over time

All Valley Health System plans reported in each filing year

Latest sponsor-wide plan assets
$860M 105.09111537861726% vs 2022
2024 filing year
$200M$400M$600M$800M$1,000M 202220232024 $419M $860M ▲ +105.1%
Year Plans Participants Total Assets
2022 1 5,998 $419M
2023 2 7,614 $782M
2024 2 7,529 $860M

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Valley Health System Merged Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Valley Health System Merged Defined Benefit Plan, Total assets ($B): 0.317748597 · Participants: 1340Valley Health System Merged Defined Benefit PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers' National Pension FundNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 8.332769083 · Participants: 11758Dominion Energy Pension Plan
Valley Health System Merged Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Valley Health System Merged Defined Benefit Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees in CT ($318M); by covered participants it is International Association of Sheet Metal, Air, Rail and Transportation Workers (Smart) Local Union No. 36 Pension Fund in MO (1,337 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($318M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,340 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 Valley Health System Merged Defined Benefit Plan assets move in 2024?
Valley Health System Merged Defined Benefit Plan grew at a solid clip - up 8.7% during 2024, from $292M to $318M. Reported net income was $25M.
How have Valley Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Valley Health System's sponsor-wide assets grew 105.1%, from $419M to $860M.
Where does Valley Health System Merged Defined Benefit Plan rank by assets among Form 5500 filers?
Valley Health System Merged Defined Benefit Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Valley Health System Merged Defined Benefit Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees in CT ($318M, 346 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Valley Health System Merged Defined Benefit Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is International Association of Sheet Metal, Air, Rail and Transportation Workers (Smart) Local Union No. 36 Pension Fund in MO (1,337 participants, $373M in assets).