Plan Snapshot
- Plan Sponsor: Sentara Health
- Sponsor EIN: 521271901
- Sponsor Address: 1330 SENTARA PARK, THIRD FLOOR, VIRGINIA BEACH, VA, 23464
- Plan Type: 403(b)
- Total Participants: 30,766
- Total Assets: $3.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 30,766 | $3.7B | $61.4M | $246.2M |
| 2023 | 28,192 | $3.3B | $54.6M | $224.0M |
| 2022 | 25,806 | $2.7B | $49.5M | $206.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PBMARES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,851,774 | $835,316 | $999,048 | — | — |
| 2023 | $1,755,954 | $708,596 | $1,047,358 | — | — |
| 2022 | $1,821,268 | $656,191 | $1,165,077 | — | — |