401(k) · DOL Form 5500 · 2022
Carefirst, Inc. 401(k) Plan
Data updated 2026-08-25
- $758M
- Total assets Above avg plan size
- 5,661
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $133,819
- Avg per participant Near avg balance/head
Official DOL plan name: The Carefirst 401(k) Plan · Sponsored by Carefirst, Inc. · Maryland · Finance & Insurance
$758M in assets, 5,661 participants
Carefirst, Inc.'s The Carefirst 401(k) Plan reported $758M in total assets and 5,661 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #9,011 in Finance & Insurance (9,261 peers)
Coverage in Maryland
The Carefirst 401(k) Plan covers 5,661 participants in Maryland, 6.1x the typical Maryland plan (state average ~929 per filing). Assets: $758M.
- #9,011
- in Finance & Insurance (9,261 peers)
- -19.0%
- assets change YoY
- 7.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $178M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Carefirst 401(k) Plan's outsized position by total assets
The Carefirst 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$757,551,000 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Carefirst 401(k) 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. The Carefirst 401(k) Plan lands in the large band (5,661 participants).
Published 5500 schedule card
Filing strip 522069215 · Carefirst, Inc. PY 2022 · 401(k)
The Carefirst 401(k) Plan · $758M · 5,661 · 99th
- VS-ST $758M
- VS-ST 5,661
- VS-ST 99th
- VS-ST 401(k)
- VS-ST near Charles River Laboratories, Inc. Savings/Plus Plan
- VS-ST ind #9011
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 →
The Carefirst 401(k) Plan in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $935M |
|---|---|
| Net Assets (End of Year) | $758M |
| Net Income | -$178M |
| Employer EIN | 522069215 |
| Plan Effective Date | 1984-01-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 7,424 | $1.3B |
| 2023 | 2 | 7,448 | $1.5B |
| 2024 | 2 | 7,452 | $1.6B |
Nearby 401(k) Plans in Maryland
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Lockheed Martin Corporation Salaried Savings Plan $43.6B · 87,666
- Marriott Retirement Savings Plan $8.3B · 82,576
- T. Rowe Price U.S. Retirement Program $3.7B · 6,107
- Nfl Player Second Career Savings Plan $3.3B · 2,819
- Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $1.9B · 74,729
Scale composition for The Carefirst 401(k) Plan
The Carefirst 401(k) Plan reports $758M in end-of-year assets across 5,661 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $133,819 per participant (97% of the national average assets-per-participant) . Net income for plan year 2022 was -$178M.
This plan identity (EIN 522069215, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $758M to $1.1B (+41.4%) while covered participants moved from 5,661 to 5,934 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,661 | $758M | This page |
| 2023 | 5,822 | $920M | Open filing |
| 2024 · index core | 5,934 | $1.1B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Carefirst 401(k) Plan (401(k), $1.1B, 5,934 participants)
- Carefirst, Inc. Retirement Plan (Defined Benefit (Pension), $546M, 1,518 participants)
The Carefirst 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Maryland, the nearest 401(k) by assets is Charles River Laboratories, Inc. Savings/Plus Plan in MA ($758M); by covered participants it is Dte Energy Company Savings and Stock Ownership Plan in MI (5,658 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($758M here).
- Charles River Laboratories, Inc. Savings/Plus Plan (MA) $758M · 9,703
- Locke Lord LLP Retirement Savings Plan (TX) $758M · 991
- Kohler Co. 401(k) Savings Plan for Administrative Associates (WI) $758M · 4,308
- Constellation Software (U.S.a.) Inc. Retirement Savings Plan (IL) $755M · 7,376
Similar participant headcount
Nearest other-state filings by covered participants (5,661 participants); asset peers above are excluded.
- Dte Energy Company Savings and Stock Ownership Plan (MI) 5,658 · 3 off
- Atos 401(k) Savings Plan (TX) 5,665 · 4 off
- The Restoration Hardware 401(k) Plan (CA) 5,652 · 9 off
- Avantor Retirement Savings 401(k) Plan and Trust (PA) 5,649 · 12 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.