Defined Benefit (Pension) · DOL Form 5500 · 2024
Carilion Clinic Pension Plan
Data updated 2026-08-11
- $1.4B
- Total assets
- 10,559
- Participants
- 99th
- Percentile by assets
- $136,243
- Avg per participant
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.
- 99th percentile by assets (of 123,622 plans)
- #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.
- $1.4B
- total plan assets (2024 EOY)
- 10,559
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $136,243
- avg assets per participant
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.
Where Retirement Plan of Carilion Clinic sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Retirement Plan of Carilion Clinic reports 10,559 participants - 13x that state average ($1.4B EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $1.5B |
|---|---|
| Net Assets (End of Year) | $1.4B |
| Net Income | -$17M |
| Employer EIN | 541190771 |
| Plan Effective Date | 1970-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Carilion Clinic)
| 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
- Northrop Grumman Pension Plan $18.8B · 12,678
- Retirement Security Plan $11.5B · 56,633
- Sheet Metal Workers' National Pension Fund $8.9B · 63,530
- Ng Space&mission Systems Corp Salaried Pension Pla $8.4B · 6,737
- Dominion Energy Pension Plan $8.3B · 11,758
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:
- Carilion Clinic 403(b) Retirement Savings Plan (Other, $822M, 13,296 participants)
- Carilion Clinic 401(k) Retirement Savings Plan (401(k), $135M, 2,248 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Plan of Carilion Clinic by total assets, not by location.
- Johnson Controls Pension Plan (WI) $1.4B · 3,318
- Siemens Pension Plan (NJ) $1.4B · 4,187
- Felra & Ufcw Pension Plan (MD) $1.4B · N/A
- Carpenters Pension Trust Fund of Kansas City (MO) $1.5B · 6,218
Frequently Asked Questions
How did Retirement Plan of Carilion Clinic assets move in 2024? ▼
How have Carilion Clinic plan assets changed over time? ▼
Where does Retirement Plan of Carilion Clinic rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan of Carilion Clinic? ▼
Next read for Retirement Plan of Carilion Clinic
Filing takeaways
Ways to act on Retirement Plan of Carilion Clinic's numbers.
- By total assets, Retirement Plan of Carilion Clinic ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
- Carilion Clinic's sponsor-wide assets have grown 20.7% since 2022 across 3 plan years on file. More Management of Enterprises plans