Defined Benefit (Pension) · DOL Form 5500 · 2022

Carefirst, Inc. Pension Plan

Data updated 2026-08-25

$572M
Total assets Above avg plan size
1,763
Participants Near avg headcount
98th
Percentile by assets National rank
$324,583
Avg per participant High balance/head
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Official DOL plan name: Carefirst, Inc. Retirement Plan · Sponsored by Carefirst, Inc. · Maryland · Finance & Insurance

$572M in assets, 1,763 participants

Carefirst, Inc.'s Carefirst, Inc. Retirement Plan reported $572M in total assets and 1,763 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,939 in Finance & Insurance (9,261 peers)

Where Carefirst, Inc. Retirement Plan sits by assets

Carefirst, Inc. Retirement Plan sits in the top 5% of all filed plans by assets, $572M for 1,763 participants (~$324,583/participant), down 24.5% in 2022.

#8,939
in Finance & Insurance (9,261 peers)
-24.5%
assets change YoY
5.7×
vs typical plan assets (national mean)

The plan reported a net loss of $186M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Carefirst, Inc. Retirement Plan's outsized position by total assets

Carefirst, Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$572,240,000 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Carefirst, Inc. Retirement Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carefirst, Inc. Retirement Plan lands in the large band (1,763 participants).

EBSA filing schedule strip

Filing strip 522069215 · Carefirst, Inc. PY 2022 · Defined Benefit (Pension)

Carefirst, Inc. Retirement Plan · $572M · 1,763 · 98th

  • PART $572M
  • TYPE 1,763
  • NET 98th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Texas Children's Hospital Cash Balance Pension Plan
  • BOY ind #8939

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Maryland →

Carefirst, Inc. Retirement Plan in the asset neighbourhood

American Chemical Society Retirement PlanAmerican Chemical Society Re…$574MConagra Brands, Inc. Pension Plan for Hourly Rate Production EmployeesConagra Brands, Inc. Pension…$573MGraphic Arts Industry Joint Pension TrustGraphic Arts Industry Joint …$573MCarefirst, Inc. Retirement PlanCarefirst, Inc. Retirement P…$572MTexas Children's Hospital Cash Balance Pension PlanTexas Children's Hospital Ca…$572M
End-of-year total assets ($M) among Carefirst, Inc. Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$758M
Net Assets (End of Year)$572M
Net Income-$186M
Employer EIN522069215
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carefirst, Inc.)

Sponsor-wide plan assets over time

All Carefirst, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 21.57331490437219% vs 2022
2024 filing year
$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.33B $1.62B ▲ +21.8%
Year Plans Participants Total Assets
2022 2 7,424 $1.3B
2023 2 7,448 $1.5B
2024 2 7,452 $1.6B

Nearby Defined Benefit (Pension) Plans in Maryland

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Carefirst, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Carefirst, Inc. Retirement Plan, Total assets ($B): 0.57224 · Participants: 1763Carefirst, Inc. Retirement PlanLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.843533772 · Participants: 21647Lockheed Martin Corporation Salaried Employee Retirement ProgramNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.273549408 · Participants: 14916National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.247803775 · Participants: 1041Major League Baseball Players Pension PlanInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 3.938448124 · Participants: 50952International Painters and Allied Trades Industry Pension PlanBert Bell/Pete Rozelle Nfl Player Retirement Plan, Total assets ($B): 3.67312584 · Participants: 2587Bert Bell/Pete Rozelle Nfl Player Retirement Plan
Carefirst, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
Compare Carefirst, Inc. Retirement Plan side-by-side with 3 peers →

Carefirst, Inc. Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Texas Children's Hospital Cash Balance Pension Plan in TX ($572M); by covered participants it is Giumarra Vineyards Corporation Pension Plan in CA (1,763 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,763 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Carefirst, Inc. Retirement Plan assets move in 2022? ▼
Carefirst, Inc. Retirement Plan declined sharply - down 24.5% during 2022, from $758M to $572M. Reported net income was -$186M.
How have Carefirst, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carefirst, Inc.'s sponsor-wide assets grew 21.6%, from $1.3B to $1.6B.
Where does Carefirst, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Carefirst, Inc. Retirement Plan ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Carefirst, Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Texas Children's Hospital Cash Balance Pension Plan in TX ($572M, 10,859 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Carefirst, Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Giumarra Vineyards Corporation Pension Plan in CA (1,763 participants, $12M in assets).

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 522069215.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.