Profit Sharing · DOL Form 5500 · 2024

Sentara Health Profit Sharing Plan

Data updated 2026-07-24

$160M
Total assets
17,694
Participants
93rd
Percentile by assets
$9,031
Avg per participant
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Official DOL plan name: Sentara 401(a) Retirement Plan · Sponsored by Sentara Health · Virginia · Healthcare & Social Assistance

$160M in assets, 17,694 participants

Sentara Health's Sentara 401(a) Retirement Plan reported $160M in total assets and 17,694 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 116,472 plans)

Coverage in Virginia

Sentara 401(a) Retirement Plan covers 17,694 participants in Virginia, 23x the typical Virginia plan (state average ~781 per filing). Assets: $160M.

$160M
total plan assets (2024 EOY)
17,694
covered participants
93rd
percentile by assets (of 116,472 plans)
$9,031
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sentara 401(a) Retirement Plan reported participants rose from 13,430 in the plan year 2023 filing to 17,694 in the plan year 2024 filing.
  • Sentara 401(a) Retirement Plan end-of-year assets rose from $122M in the plan year 2023 filing to $160M in the plan year 2024 filing.
  • Sentara 401(a) Retirement Plan reported net income rose from $32M in the plan year 2023 filing to $38M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. Sentara 401(a) Retirement Plan reports 17,694 participants - 23x that state average ($160M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$122M
Net Assets (End of Year)$160M
Net Income$38M
Employer EIN521271901
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sentara Health)

$4B$5B$6B$7B$8B 202220232024 $5.17B $7.14B â–˛ +38.1%
Total plan assets by year, all Sentara Health plans on file
Year Plans Participants Total Assets
2022 4 58,592 $5.2B
2023 4 57,999 $6.2B
2024 4 63,288 $7.1B

Nearby Profit Sharing Plans in Virginia

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

Sentara 401(a) Retirement Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants

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

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sentara 401(a) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Sentara 401(a) Retirement Plan assets move in 2024?
Sentara 401(a) Retirement Plan surged - up 31.5% during 2024, from $122M to $160M. Reported net income was $38M.
How have Sentara Health plan assets changed over time?
Across 3 plan years on file (2022-2024), Sentara Health's sponsor-wide assets grew 37.9%, from $5.2B to $7.1B.
Where does Sentara 401(a) Retirement Plan rank by assets among Form 5500 filers?
Sentara 401(a) Retirement Plan ranks in the 93rd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sentara 401(a) Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Northern Illinois Annuity Fund in WA ($160M, 7,178 participants).

Filing takeaways

Ways to act on Sentara 401(a) Retirement Plan's numbers.

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 521271901.

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