MULTICARE HEALTH SYSTEM RETIREMENT ACCOUNT PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
MULTICARE HEALTH SYSTEM
This Profit Sharing plan holds $385M in total assets and serves 11,050 participants as of 2022. It is sponsored by MULTICARE HEALTH SYSTEM in Washington. The plan reported a net loss of $40M for the year.
What the Filing Says About MULTICARE HEALTH SYSTEM RETIREMENT ACCOUNT PLAN
MULTICARE HEALTH SYSTEM RETIREMENT ACCOUNT 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 $385M in total end-of-year assets and covers 11,050 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 2003-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $425M at the beginning of 2022 to $385M at year-end — a decline of 9.4%. Net assets (after liabilities) closed the year at $385M, with reported net income of $-39,765,403 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) | $425M |
| Total Assets (End of Year) | $385M |
| Net Assets (End of Year) | $385M |
| Net Income | $-39,765,403 |
| Plan Type | Profit Sharing |
| Employer EIN | 911352172 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING 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.
- A SINGLE-EMPLOYER PLAN $26.2B · 1,103,349
- NORDSTROM 401K PLAN $3.9B · 61,127
- FRED HUTCHINSON CANCER CENTER RETIREMENT SAVINGS PLAN $1.3B · 5,646
- MULTICARE HEALTH SYSTEM 403(B) EMPLOYEE SAVINGS PLAN $994M · 15,445
- BLUE 401(K) PLAN $812M · 9,361
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Frequently Asked Questions
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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.
Read our methodology — how this data is sourced, computed, and verified.