Plan Ledger DOL Form 5500 · updated monthly

Carilion Clinic403(b)

CARILION CLINIC 403(B) RETIREMENT SAVINGS PLAN · ROANOKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.14%

Carilion Clinic reported $1,057,312 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.137%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 53rd-largest of 2,266 plans among Virginia employers on file, and the 223rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$822,189,307
Participants with balances16,712
Active participants13,094
Employer contributions—
Employee contributions$73,163,685
Employer contribution per active participant—
Average account balance$49,198
Benefits paid to participants$74,027,656
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$822.2M · 16,712 accts
2023$722.1M · 16,520 accts
2022$596.9M · 15,909 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$959,536
Investment management$97,776
Total administrative$1,057,312
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$959,536
CAPFINANCIAL PARTNERS · Investment advisory (plan)$97,776

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$1,057,312 · 0.14%
2023$962,348 · 0.15%
2022$909,490 · 0.14%
All plans at this employer2
CARILION CLINIC 403(B) RETIREMENT SAVINGS PLAN403(b)
CARILION CLINIC 401(K) RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Sentara Healthcare VA$3.7B · 0.05%
Inova Health System VA$3.5B · 0.04%
Centra Health, Inc. VA$747.0M · 0.07%
Valley Health System VA$542.0M · 0.10%
Sentara Holdings, Inc. VA$435.4M · 0.08%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 541190771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.