401(k) · DOL Form 5500 · 2022

PREMERA 401(k) Plan

Data updated 2026-08-11

$505M
Total assets
3,086
Participants
98th
Percentile by assets
$163,717
Avg per participant
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Official DOL plan name: Premera 401(k) Savings Plan · Sponsored by PREMERA · Washington · Finance & Insurance

$505M in assets, 3,086 participants

PREMERA's Premera 401(k) Savings Plan reported $505M in total assets and 3,086 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #8,909 in Finance & Insurance (9,261 peers)

Coverage in Washington

Premera 401(k) Savings Plan covers 3,086 participants in Washington, 2.1x the typical Washington plan (state average ~1,476 per filing). Assets: $505M.

$505M
total plan assets (2022 EOY)
3,086
covered participants
98th
percentile by assets (of 139,126 plans)
$163,717
avg assets per participant

The plan reported a net loss of $87M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Premera 401(k) Savings Plan reports 3,086 participants - 2.1x that state average ($505M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$593M
Net Assets (End of Year)$505M
Net Income-$87M
Employer EIN911662324
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PREMERA)

$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.91B $1.11B ▲ +22.0%
Total plan assets by year, all PREMERA plans on file
Year Plans Participants Total Assets
2022 2 5,749 $911M
2023 2 5,987 $1.1B
2024 2 6,355 $1.1B

Nearby 401(k) Plans in Washington

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Premera 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Premera 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Premera 401(k) Savin…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) PlanT-Mobile USA, Inc. 4…
Premera 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Premera 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Premera 401(k) Savings Plan assets move in 2022?
Premera 401(k) Savings Plan pulled back noticeably - down 14.7% during 2022, from $593M to $505M. Reported net income was -$87M.
How have PREMERA plan assets changed over time?
Across 3 plan years on file (2022-2024), PREMERA's sponsor-wide assets grew 22.2%, from $911M to $1.1B.
Where does Premera 401(k) Savings Plan rank by assets among Form 5500 filers?
Premera 401(k) Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Premera 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Stoel Rives Retirement Plan in OR ($505M, 715 participants).

Filing takeaways

Ways to act on Premera 401(k) Savings Plan's numbers.