Inova Health System 401(k) Plan: Login, Facts & Contact Information

Inova Health System 401(k) Plan Facts

Plan name
INOVA HEALTH SYSTEM RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
INOVA HEALTH SYSTEM FOUNDATION
Participants
29,551 (22,853 active employees)
Former employees with a balance
7,562
Plan assets
$3,496,117,018 at Dec 31, 2024
Average account balance
$118,839 across 29,419 accounts
Employer contributions
$99,542,334 in plan year 2024 (30% of all contributions)
Recordkeeper
Fid Inv Inst Ops Co
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1998
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants— Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 24, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $337.7 million went into the plan in contributions, $99.5 million of it from the employer (30%).
  • $241.8 million was paid out to participants.
  • Investment and other income added $461.4 million.
  • Administrative expenses were $1.13 million, about $39 per account.

How the Inova Health System 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201921,940$1.90 billion$52.7 million$119.7 million
202021,684$2.29 billion$62.3 million$184.5 million
202123,134$2.74 billion$70.3 million$156.6 million
202225,024$2.36 billion$79.2 million$163.3 million
202327,229$2.94 billion$89.1 million$181.0 million
202429,551$3.50 billion$99.5 million$241.8 million

Inova Health System 401(k) Contact Information

Phone
703-205-2166
Mailing address
8095 INNOVATION PARK DRIVE, FAIRFAX VA 22031
Plan sponsor
INOVA HEALTH SYSTEM FOUNDATION
Plan administrator
RETIREMENT ADMINISTRATION COMMITTEE
Employer identification number (EIN)
54-1071867
Plan number
002

Questions about the Inova Health System 401(k)

Does Inova Health System contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $99.5 million, 30% of all contributions.

Does the Inova Health System 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Inova Health System 401(k) plan?

29,551 participants at the start of plan year 2024, 22,853 of them active employees, and 7,562 former employees who still had money in the plan.

What is the average 401(k) balance at Inova Health System?

About $118,839 per account: $3.50 billion in plan assets across 29,419 accounts with a balance at the end of plan year 2024.

Who manages the Inova Health System 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FID INV INST OPS CO) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Inova Health System. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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