Other · DOL Form 5500 · 2024

Norfolk Academy Retirement Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
248
Participants Below avg headcount
86th
Percentile by assets National rank
$246,328
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Norfolk Academy Pre-Tax Savings and Retirement Plan · Sponsored by Norfolk Academy · Virginia · Educational Services

$61M in assets, 248 participants

Norfolk Academy's Norfolk Academy Pre-Tax Savings and Retirement Plan reported $61M in total assets and 248 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #2,741 in Educational Services (3,638 peers)

Coverage in Virginia

Norfolk Academy Pre-Tax Savings and Retirement Plan covers 248 participants in Virginia, about 32% of the average Virginia filer (state average ~782 per filing). Assets: $61M.

#2,741
in Educational Services (3,638 peers)
+4.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Norfolk Academy Pre-Tax Savings and Retirement Plan's outsized position by total assets

Norfolk Academy Pre-Tax Savings and Retirement Plan vs every filed plan by assets

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

$61,089,397 Top 14% higher than 86% 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

Norfolk Academy Pre-Tax Savings and Retirement 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. Norfolk Academy Pre-Tax Savings and Retirement Plan sits mid-pack in the medium band (248 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Norfolk Academy Pre-Tax Savings and Retirement Plan reported net income fell from $7M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Norfolk Academy Pre-Tax Savings and Retirement Plan end-of-year assets rose from $59M in the plan year 2023 filing to $61M in the plan year 2024 filing.
  • Norfolk Academy Pre-Tax Savings and Retirement Plan reported participants fell from 253 in the plan year 2023 filing to 248 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 540551901 · Norfolk Academy PY 2024 · Other

Norfolk Academy Pre-Tax Savings and Retirement Plan · $61M · 248 · 86th

  • PHOTO $61M
  • IND 248
  • EOY 86th
  • 5500 Other
  • ASSETS near Franklin College 403(b) Retirement and Tax Deferred Annuity Plan
  • PCT ind #2741

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 Educational Services retirement plans → · Plans in Virginia →

Norfolk Academy Pre-Tax Savings and Retirement Plan in the asset neighbourhood

Oup USA Tax Deferred Annuity PlanOup USA Tax Deferred Annuity…$61MFranklin College 403(b) Retirement and Tax Deferred Annuity PlanFranklin College 403(b) Reti…$61MNorfolk Academy Pre-Tax Savings and Retirement PlanNorfolk Academy Pre-Tax Savi…$61MCenter on Budget and Policy Priorities 403(b) Retirement PlanCenter on Budget and Policy …$61MFrancis Parker School 403(b) PlanFrancis Parker School 403(b)…$61M
End-of-year total assets ($M) among Norfolk Academy Pre-Tax Savings and Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$61M
Net Income$2M
Employer EIN540551901
Plan Effective Date1982-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norfolk Academy)

Sponsor-wide plan assets over time

All Norfolk Academy plans reported in each filing year

Latest sponsor-wide plan assets
$61M 17.91678837591888% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $51.8M $61.1M ▲ +17.9%
Year Plans Participants Total Assets
2022 1 276 $52M
2023 1 253 $59M
2024 1 248 $61M

Nearby Other Plans in Virginia

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

Norfolk Academy Pre-Tax Savings and Retirement Plan vs. nearby Other plans in Virginia, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -20246 Total assets ($B) Participants Norfolk Academy Pre-Tax Savings and Retirement Plan, Total assets ($B): 0.061089397 · Participants: 248Norfolk Academy Pre-Tax Savings and Retirement PlanThe Mitre Corporation Tax Sheltered Annuity Plan, Total assets ($B): 5.12389915 · Participants: 12379The Mitre Corporation Tax Sheltered Annuity PlanSentara 403(b) Savings Plan, Total assets ($B): 3.744462888 · Participants: 28192Sentara 403(b) Savings PlanThe George Washington University Supplemental Retirement Plan, Total assets ($B): 1.64916352 · Participants: 8262The George Washington University Supplemental Retirement PlanInstitute for Defense Analyses Tax Deferred Annuity Plan, Total assets ($B): 0.875147544 · Participants: 1541Institute for Defense Analyses Tax Deferred Annuity PlanCarilion Clinic 403(b) Retirement Savings Plan, Total assets ($B): 0.822189307 · Participants: 13296Carilion Clinic 403(b) Retirement Savings Plan
Norfolk Academy Pre-Tax Savings and Retirement Plan vs. nearby Other plans in Virginia, assets vs. participants
Compare Norfolk Academy Pre-Tax Savings and Retirement Plan side-by-side with 3 peers →

Norfolk Academy Pre-Tax Savings and Retirement Plan's out-of-state Other peers by assets and headcount

Outside Virginia, the nearest Other by assets is Franklin College 403(b) Retirement and Tax Deferred Annuity Plan in IN ($61M); by covered participants it is Menlo School Defined Contribution Retirement Plan in CA (248 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (248 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 Norfolk Academy Pre-Tax Savings and Retirement Plan assets move in 2024? ▼
Norfolk Academy Pre-Tax Savings and Retirement Plan edged up modestly - up 4.0% during 2024, from $59M to $61M. Reported net income was $2M.
How have Norfolk Academy plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norfolk Academy's sponsor-wide assets grew 17.9%, from $52M to $61M.
Where does Norfolk Academy Pre-Tax Savings and Retirement Plan rank by assets among Form 5500 filers? ▼
Norfolk Academy Pre-Tax Savings and Retirement Plan ranks in the 86th 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 Other plans are similar in size to Norfolk Academy Pre-Tax Savings and Retirement Plan? ▼
Among Other plans in other states, the closest by assets is Franklin College 403(b) Retirement and Tax Deferred Annuity Plan in IN ($61M, 266 participants).
Which Other plans cover a similar participant headcount to Norfolk Academy Pre-Tax Savings and Retirement Plan? ▼
Among Other plans in other states, the closest by covered participants is Menlo School Defined Contribution Retirement Plan in CA (248 participants, $111M 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 540551901.

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.