Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

MULTICARE HEALTH SYSTEM

This Profit Sharing plan holds $819M in total assets and serves 14,779 participants as of 2022. It is sponsored by MULTICARE HEALTH SYSTEM in Washington. The plan reported a net loss of $132M for the year.

Total Assets (2023)
$819M
Participants
14,779
State
Industry
Healthcare & Social Assistance

What the Filing Says About MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN

MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN is a Profit Sharing retirement plan sponsored by MULTICARE HEALTH SYSTEM, headquartered in Washington. As of the 2022 Form 5500 filing, the plan reports $819M in total end-of-year assets and covers 14,779 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 911352172, and the plan has been effective since 2002-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $950M at the beginning of 2022 to $819M at year-end — a decline of 13.8%. Net assets (after liabilities) closed the year at $819M, with reported net income of $-131,520,576 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$950M
Total Assets (End of Year)$819M
Net Assets (End of Year)$819M
Net Income$-131,520,576
Plan TypeProfit Sharing
Employer EIN911352172
Plan Effective Date2002-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (MULTICARE HEALTH SYSTEM)

Year Plans Participants Total Assets
2022 4 31,851 $2.1B
2023 4 32,961 $2.4B
2024 4 34,209 $3.1B

Nearby Profit Sharing Plans in Washington

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN?
As of the 2022 Form 5500 filing, MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN holds $819M in total assets with 14,779 participants. It is sponsored by MULTICARE HEALTH SYSTEM.
What type of plan is MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN?
MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN is a Profit Sharing plan. It has been effective since 2002-04-01. The plan is filed with the U.S. Department of Labor under EIN 911352172.
Who sponsors the MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN?
MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN is sponsored by MULTICARE HEALTH SYSTEM, located in Washington. The sponsor's EIN is 911352172 and the plan operates in the Healthcare & Social Assistance industry.
How did MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN perform in 2022?
MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN declined by 13.8% during 2022, moving from $950M to $819M in total assets. Net income was $-131,520,576.
Where can I find official filings for MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN?
Official Form 5500 filings for MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 911352172 or plan name at efast.dol.gov.
How does MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN compare to other plans?
You can compare MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN against other Profit Sharing plans on the plan type page, or view plans in Washington on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 911352172.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.