401(k) · DOL Form 5500 · 2022

Change Healthcare Operations, LLC 401(k) Plan

Data updated 2026-08-06

$763M
Total assets
11,372
Participants
99th
Percentile by assets
$67,094
Avg per participant
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Official DOL plan name: Change Healthcare 401(k) Savings Plan · Sponsored by Change Healthcare Operations, LLC · Minnesota · Professional & Technical Services

$763M in assets, 11,372 participants

Change Healthcare Operations, LLC's Change Healthcare 401(k) Savings Plan reported $763M in total assets and 11,372 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,258 plans)
  • #21,372 in Professional & Technical Services (21,577 peers)

Coverage in Minnesota

Change Healthcare 401(k) Savings Plan covers 11,372 participants in Minnesota, 9.8x the typical Minnesota plan (state average ~1,161 per filing). Assets: $763M.

$763M
total plan assets (2022 EOY)
11,372
covered participants
99th
percentile by assets (of 139,258 plans)
$67,094
avg assets per participant

The plan reported a net loss of $113M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Change Healthcare 401(k) Savings Plan reports 11,372 participants - 9.8x that state average ($763M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$909M
Net Assets (End of Year)$763M
Net Income-$113M
Employer EIN205731067
Plan Effective Date2006-11-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Change Healthcare Operations, LLC)

$740M$760M$780M$800M$820M 20222023 $763M $806M ▲ +5.7%
Total plan assets by year, all Change Healthcare Operations, LLC plans on file
Year Plans Participants Total Assets
2022 1 11,372 $763M
2023 2 21,552 $806M

Nearby 401(k) Plans in Minnesota

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

Change Healthcare 401(k) Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Change Healthcare 401(k) Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Change Healthcare 40…Unitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Change Healthcare 401(k) Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Change Healthcare 401(k) Savings Plan assets move in 2022?
Change Healthcare 401(k) Savings Plan declined sharply - down 16.1% during 2022, from $909M to $763M. Reported net income was -$113M.
How have Change Healthcare Operations, LLC plan assets changed over time?
Across 2 plan years on file (2022-2023), Change Healthcare Operations, LLC's sponsor-wide assets grew 5.7%, from $763M to $806M.
Where does Change Healthcare 401(k) Savings Plan rank by assets among Form 5500 filers?
Change Healthcare 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Change Healthcare 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is First National of Nebraska, Inc. First Savings Plan in NE ($764M, 4,605 participants).

Filing takeaways

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