Defined Benefit (Pension) · DOL Form 5500 · 2022

Multicare Health System Pension Plan

Data updated 2026-08-11

$577M
Total assets
1,021
Participants
98th
Percentile by assets
$564,841
Avg per participant
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Official DOL plan name: Retirement Plan for Employees of Multicare Health System · Sponsored by Multicare Health System · Washington · Healthcare & Social Assistance

$577M in assets, 1,021 participants

Multicare Health System's Retirement Plan for Employees of Multicare Health System reported $577M in total assets and 1,021 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.

  • 98th percentile by assets (of 139,126 plans)
  • #19,727 in Healthcare & Social Assistance (20,060 peers)

Where Retirement Plan for Employees of Multicare Health System sits by assets

Retirement Plan for Employees of Multicare Health System sits in the top 5% of all filed plans by assets, $577M for 1,021 participants (~$564,841/participant), down 24.0% in 2022.

$577M
total plan assets (2022 EOY)
1,021
covered participants
98th
percentile by assets (of 139,126 plans)
$564,841
avg assets per participant

The plan reported a net loss of $233M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Plan for Employees of Multicare Health System vs the 2022 asset distribution

By assets, Retirement Plan for Employees of Multicare Health System outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 5.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$759M
Net Assets (End of Year)$491M
Net Income-$233M
Employer EIN911352172
Plan Effective Date1967-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Multicare Health System)

$1.5B$2B$2.5B$3B$3.5B 202220232024 $2.07B $3.06B ▲ +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 Defined Benefit (Pension) Plans in Washington

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

Retirement Plan for Employees of Multicare Health System vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Retirement Plan for Employees of Multicare Health System vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Retirement Plan for …Western Conference o…The Pension Value Pl…The Boeing Company E…Northwest Carpenters…Locals 302 & 612 of …
Retirement Plan for Employees of Multicare Health System vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Retirement Plan for Employees of Multicare Health System by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan for Employees of Multicare Health System assets move in 2022?
Retirement Plan for Employees of Multicare Health System declined sharply - down 24.0% during 2022, from $759M to $577M. Reported net income was -$233M.
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 Retirement Plan for Employees of Multicare Health System rank by assets among Form 5500 filers?
Retirement Plan for Employees of Multicare Health System 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 Retirement Plan for Employees of Multicare Health System?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Kinder Morgan Retirement Plan B in TX ($576M, 6,449 participants).

Next read for Retirement Plan for Employees of Multica…

Scale reading

Ways to act on Retirement Plan for Employees of Multicare Health System's numbers.