401(k) · DOL Form 5500 · 2022

Multicare Health System 401(k) Plan

Data updated 2026-08-11

$289M
Total assets
5,001
Participants
97th
Percentile by assets
$57,811
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Multicare Health System 401(k) Plan · Sponsored by Multicare Health System · Washington · Healthcare & Social Assistance

$289M in assets, 5,001 participants

Multicare Health System's Multicare Health System 401(k) Plan reported $289M in total assets and 5,001 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,469 in Healthcare & Social Assistance (20,060 peers)

Coverage in Washington

Multicare Health System 401(k) Plan covers 5,001 participants in Washington, 3.4x the typical Washington plan (state average ~1,476 per filing). Assets: $289M.

$289M
total plan assets (2022 EOY)
5,001
covered participants
97th
percentile by assets (of 139,126 plans)
$57,811
avg assets per participant

The plan reported a net loss of $37M 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. Multicare Health System 401(k) Plan reports 5,001 participants - 3.4x that state average ($289M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$326M
Net Assets (End of Year)$289M
Net Income-$37M
Employer EIN911352172
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Multicare Health System)

$1.5B$2B$2.5B$3B$3.5B 202220232024 $2.07B $3.06B ▲ +47.8%
Total plan assets by year, all Multicare Health System plans on file
Year Plans Participants Total Assets
2022 4 31,851 $2.1B
2023 4 32,961 $2.4B
2024 4 34,209 $3.1B

Nearby 401(k) Plans in Washington

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

Multicare Health System 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

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

Scale composition for Multicare Health System 401(k) Plan

Multicare Health System 401(k) Plan reports $289M in end-of-year assets across 5,001 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $57,811 per participant (42% of the national average assets-per-participant) . Net income for plan year 2022 was -$37M.

This plan identity (EIN 911352172, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $289M to $779M (+169.5%) while covered participants moved from 5,001 to 5,537 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,001 $289M This page
2023 5,211 $354M Open filing
2024 · index core 5,537 $779M Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Multicare Health System 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Multicare Health System 401(k) Plan assets move in 2022?
Multicare Health System 401(k) Plan pulled back noticeably - down 11.4% during 2022, from $326M to $289M. Reported net income was -$37M.
How have Multicare Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Multicare Health System's sponsor-wide assets grew 48.0%, from $2.1B to $3.1B.
Where does Multicare Health System 401(k) Plan rank by assets among Form 5500 filers?
Multicare Health System 401(k) Plan ranks in the 97th 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 Multicare Health System 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Nestle USA, Inc. Hourly Retirement Savings Plan in OH ($289M, 3,787 participants).

Filing takeaways

Ways to act on Multicare Health System 401(k) Plan's numbers.