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Employers › Virginia

Employer · plans filed under one EIN

Sentara Health

Virginia Beach, VA · Health care and social assistance

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$6.57Bnet assets across plans
98,114participant records68,147 active
$213Memployer contributions, latest plan years$3,131 per active record
$2.2MSchedule C compensation to organisations$22.47 per participant record

4 retirement plans with 100 or more participants file Form 5500 under Sentara Health's employer identification number (Virginia Beach, Virginia). Their latest filings total 98,114 participant records and $6.57B in net assets.

The largest is Sentara 403(b) Savings Plan, a 403(b) plan with 43,573 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $213M and participant contributions $246M in the latest plan years; benefits paid were $474M. Schedule C compensation reported to service provider organisations totalled $2.2M.

Combined net assets moved from $1.14B in 2009 to $6.57B in 2024 (up 475%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Sentara 403(b) Savings Plan403(b) plan202443,573$3.74B$85,935$1,997$1.9M
Sentara Pension Plandefined benefit pension plan202431,635$2.65B$83,736$7,478$0
Sentara 401(a) Retirement Planprofit-sharing plan202422,393$160M$7,136$1,511$332K
Tidewater Health Care, Inc. 401(a) Retirement Plandefined contribution plan2024513$14.2M$27,682$0$20K
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $1.14B2010: $1.47B2011: $1.55B2012: $1.82B2013: $2.60B2014: $2.92B2015: $3.05B2016: $3.38B2017: $4.02B2018: $3.89B2019: $4.70B2020: $5.34B2021: $6.10B2022: $5.06B2023: $5.90B2024: $6.57B$1.14B$6.57B20092012201620202024
Combined net assets
2009: 46,7852010: 50,7782011: 53,0192012: 56,3922013: 66,2182014: 75,2812015: 83,5402016: 81,4142017: 79,8862018: 80,3722019: 80,6932020: 83,9432021: 89,1282022: 89,2122023: 94,5012024: 98,11446,78598,11420092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
2024498,114$6.57B$213M$246M
2023494,501$5.90B$198M$224M
2022489,212$5.06B$187M$206M
2021489,128$6.10B$174M$191M
2020483,943$5.34B$155M$165M
2019480,693$4.70B$129M$159M
2018480,372$3.89B$186M$142M
2017479,886$4.02B$153M$124M
2016481,414$3.38B$160M$114M
2015483,540$3.05B$139M$104M
2014375,281$2.92B$147M$97.1M
2013366,218$2.60B$145M$73.0M
2012356,392$1.82B$94.9M$65.4M
2011353,019$1.55B$79.6M$59.3M
2010250,778$1.47B$86.6M$52.0M
2009246,785$1.14B$63.7M$50.0M

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Fidelity Investments Instl OpsParticipant loan processing3$1,413,873
Strategic Advisors, Inc.Investment advisory (plan)3$783,379
Lincoln National CorporationContract Administrator1$6,330
Newport Trust CompanyContract Administrator1$910
Voya Retirement Insurance and AnnuiContract Administrator1$256

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Fidelity Investments Instl Ops$1.4M
Strategic Advisors, Inc.$783K
Lincoln National Corporation$6,330
Newport Trust Company$910
Voya Retirement Insurance and Annui$256

Questions and answers

How many retirement plans does Sentara Health have?

4 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Sentara 403(b) Savings Plan, Sentara Pension Plan, Sentara 401(a) Retirement Plan and Tidewater Health Care, Inc. 401(a) Retirement Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Sentara Health contribute to its plans?

$213,335,613 in employer contributions across these plans in their latest plan years, about $3,131 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Fidelity Investments Instl Ops, Strategic Advisors, Inc., Lincoln National Corporation and Newport Trust Company and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.