Other · DOL Form 5500 · 2022

Multicare Health System Retirement Plan

Data updated 2026-08-11

$385M
Total assets
11,050
Participants
97th
Percentile by assets
$34,860
Avg per participant
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Official DOL plan name: Multicare Health System Retirement Account Plan · Sponsored by Multicare Health System · Washington · Healthcare & Social Assistance

$385M in assets, 11,050 participants

Multicare Health System's Multicare Health System Retirement Account Plan reported $385M in total assets and 11,050 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)
  • #19,592 in Healthcare & Social Assistance (20,060 peers)

Coverage in Washington

Multicare Health System Retirement Account Plan covers 11,050 participants in Washington, 7.5x the typical Washington plan (state average ~1,476 per filing). Assets: $385M.

$385M
total plan assets (2022 EOY)
11,050
covered participants
97th
percentile by assets (of 139,126 plans)
$34,860
avg assets per participant

The plan reported a net loss of $40M 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 Retirement Account Plan reports 11,050 participants - 7.5x that state average ($385M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$425M
Net Assets (End of Year)$385M
Net Income-$40M
Employer EIN911352172
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Multicare Health System)

$1.5B$2B$2.5B$3B$3.5B 202220232024 $2.07B $3.06B â–˛ +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 Other Plans in Washington

Peer Other plans, same state, same plan type, ranked by total assets.

Multicare Health System Retirement Account Plan vs. nearby Other plans in Washington, assets vs. participants

Multicare Health System Retirement Account Plan vs. nearby Other plans in Washington, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 0.20.40.60.811.2 Total assets ($B) Participants Multicare Health Sys…Fred Hutchinson Canc…Multicare Health Sys…Ironworkers District…Virginia Mason Medic…Overlake Hospital Me…
Multicare Health System Retirement Account Plan vs. nearby Other plans in Washington, assets vs. participants

Scale composition for Multicare Health System Retirement Account Plan

Multicare Health System Retirement Account Plan reports $385M in end-of-year assets across 11,050 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $34,860 per participant (25% of the national average assets-per-participant) . Net income for plan year 2022 was -$40M.

This plan identity (EIN 911352172, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $385M to $562M (+45.8%) while covered participants moved from 11,050 to 11,865 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,050 $385M This page
2023 11,441 $478M Open filing
2024 · index core 11,865 $562M Open filing

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

Similar-Sized Other Plans Nationally

Other plans in other states closest to Multicare Health System Retirement Account Plan by total assets, not by location.

Frequently Asked Questions

How did Multicare Health System Retirement Account Plan assets move in 2022?
Multicare Health System Retirement Account Plan pulled back noticeably - down 9.4% during 2022, from $425M to $385M. Reported net income was -$40M.
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 Retirement Account Plan rank by assets among Form 5500 filers?
Multicare Health System Retirement Account 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 Other plans are similar in size to Multicare Health System Retirement Account Plan?
Among Other plans in other states, the closest by assets is Swarthmore College Regular Retirement Plan in PA ($385M, 1,077 participants).

Next read for Multicare Health System Retirement Accou…

Filing takeaways

Ways to act on Multicare Health System Retirement Account Plan's numbers.