Defined Benefit (Pension) · DOL Form 5500 · 2024

Carilion Clinic Pension Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
10,559
Participants Very large workforce
99th
Percentile by assets National rank
$136,243
Avg per participant Near avg balance/head
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Official DOL plan name: Retirement Plan of Carilion Clinic · Sponsored by Carilion Clinic · Virginia · Management of Enterprises

$1.4B in assets, 10,559 participants

Carilion Clinic's Retirement Plan of Carilion Clinic reported $1.4B in total assets and 10,559 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #1,092 in Management of Enterprises (1,133 peers)

Coverage in Virginia

Retirement Plan of Carilion Clinic covers 10,559 participants in Virginia, 13x the typical Virginia plan (state average ~782 per filing). Assets: $1.4B.

#1,092
in Management of Enterprises (1,133 peers)
-1.2%
assets change YoY
14×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Plan of Carilion Clinic's outsized position by total assets

Retirement Plan of Carilion Clinic vs every filed plan by assets

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

$1,438,588,091 Top 1% higher than 99% 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

Retirement Plan of Carilion Clinic'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. Retirement Plan of Carilion Clinic is a mega filing (10,559 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan of Carilion Clinic reported net income fell from $181M in the plan year 2023 filing to -$17M in the plan year 2024 filing.
  • Retirement Plan of Carilion Clinic reported participants fell from 11,006 in the plan year 2023 filing to 10,559 in the plan year 2024 filing.
  • Retirement Plan of Carilion Clinic end-of-year assets fell from $1.5B in the plan year 2023 filing to $1.4B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 541190771 · Carilion Clinic PY 2024 · Defined Benefit (Pension)

Retirement Plan of Carilion Clinic · $1.4B · 10,559 · 99th

  • IND $1.4B
  • IND 10,559
  • IND 99th
  • IND Defined Benefit (Pension)
  • IND near Johnson Controls Pension Plan
  • IND ind #1092

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 Management of Enterprises retirement plans → · Plans in Virginia →

Retirement Plan of Carilion Clinic in the asset neighbourhood

Carpenters Pension Trust Fund of Kansas CityCarpenters Pension Trust Fun…$1.5BRetirement Plan of Carilion ClinicRetirement Plan of Carilion …$1.4BJohnson Controls Pension Plan$1.4BSiemens Pension Plan$1.4BFelra & Ufcw Pension Plan$1.4B
End-of-year total assets ($B) among Retirement Plan of Carilion Clinic and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.4B
Net Income-$17M
Employer EIN541190771
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carilion Clinic)

Sponsor-wide plan assets over time

All Carilion Clinic plans reported in each filing year

Latest sponsor-wide plan assets
$2.4B 20.722181716512168% vs 2022
2024 filing year
$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.98B $2.4B ▲ +21.2%
Year Plans Participants Total Assets
2022 3 25,551 $2.0B
2023 3 26,344 $2.3B
2024 3 26,103 $2.4B

Nearby Defined Benefit (Pension) Plans in Virginia

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

Retirement Plan of Carilion Clinic vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 05101520 Total assets ($B) Participants Retirement Plan of Carilion Clinic, Total assets ($B): 1.438588091 · Participants: 10559Retirement Plan of Carilion ClinicNorthrop 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
Retirement Plan of Carilion Clinic vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Retirement Plan of Carilion Clinic side-by-side with 3 peers →

Scale composition for Retirement Plan of Carilion Clinic

Retirement Plan of Carilion Clinic reports $1.4B in end-of-year assets across 10,559 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $136,243 per participant (99% of the national average assets-per-participant) . Net income for plan year 2024 was -$17M.

This plan identity (EIN 541190771, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.4B (+12.8%) while covered participants moved from 10,722 to 10,559 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,722 $1.3B Open filing
2023 11,006 $1.5B Open filing
2024 · index core 10,559 $1.4B This page

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Retirement Plan of Carilion Clinic's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Johnson Controls Pension Plan in WI ($1.4B); by covered participants it is Southern California United Food and Commercial Workers Unions and Drug Employers Pension Fund in CA (10,539 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (10,559 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 Retirement Plan of Carilion Clinic assets move in 2024? ▼
Retirement Plan of Carilion Clinic edged down modestly - down 1.2% during 2024, from $1.5B to $1.4B. Reported net income was -$17M.
How have Carilion Clinic plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carilion Clinic's sponsor-wide assets grew 20.7%, from $2.0B to $2.4B.
Where does Retirement Plan of Carilion Clinic rank by assets among Form 5500 filers? ▼
Retirement Plan of Carilion Clinic ranks in the 99th 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 Defined Benefit (Pension) plans are similar in size to Retirement Plan of Carilion Clinic? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Johnson Controls Pension Plan in WI ($1.4B, 3,318 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan of Carilion Clinic? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Southern California United Food and Commercial Workers Unions and Drug Employers Pension Fund in CA (10,539 participants, $928M 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 541190771.

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.