Defined Benefit (Pension) · DOL Form 5500 · 2022

Multicare Health System Pension Plan

Data updated 2026-08-25

$577M
Total assets Above avg plan size
1,021
Participants Near avg headcount
98th
Percentile by assets National rank
$564,841
Avg per participant High balance/head
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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.

  • #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.

#19,727
in Healthcare & Social Assistance (20,060 peers)
-24.0%
assets change YoY
5.8×
vs typical plan assets (national mean)

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's outsized position by total assets

Retirement Plan for Employees of Multicare Health System vs every filed plan by assets

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

$576,702,528 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

Retirement Plan for Employees of Multicare Health System'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. Retirement Plan for Employees of Multicare Health System lands in the large band (1,021 participants).

EBSA filing schedule strip

Filing strip 911352172 · Multicare Health System PY 2022 · Defined Benefit (Pension)

Retirement Plan for Employees of Multicare Health System · $577M · 1,021 · 98th

  • EIN $577M
  • EIN 1,021
  • EIN 98th
  • EIN Defined Benefit (Pension)
  • EIN near Kinder Morgan Retirement Plan B
  • EIN ind #19727

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 Healthcare & Social Assistance retirement plans → · Plans in Washington →

Retirement Plan for Employees of Multicare Health System in the asset neighbourhood

Local 338 Retirement Fund$578MPermanente Physicians Retirement Plan for CpmgPermanente Physicians Retire…$578MRetirement Plan for Employees of Multicare Health SystemRetirement Plan for Employee…$577MKinder Morgan Retirement Plan BKinder Morgan Retirement Pla…$576MPavers & Road Builders DC Pension FundPavers & Road Builders DC Pe…$575M
End-of-year total assets ($M) among Retirement Plan for Employees of Multicare Health System and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Multicare Health System plans reported in each filing year

Latest sponsor-wide plan assets
$3.1B 47.98591866792275% vs 2022
2024 filing year
$1.5B$2B$2.5B$3B$3.5B 202220232024 $2.07B $3.06B ▲ +47.8%
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 Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Retirement Plan for Employees of Multicare Health System, Total assets ($B): 0.576702528 · Participants: 1021Retirement Plan for Employees of Multicare Health SystemWestern Conference of Teamsters Pension Plan, Total assets ($B): 53.719854718 · Participants: 226505Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 25.232670781 · Participants: 34042The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 17.057699432 · Participants: 34972The Boeing Company Employee Retirement PlanNorthwest Carpenters Retirement Plan, Total assets ($B): 2.972366874 · Participants: 15284Northwest Carpenters Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 2.815845616 · Participants: 8083Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan
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's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Washington, the nearest Defined Benefit (Pension) by assets is Kinder Morgan Retirement Plan B in TX ($576M); by covered participants it is West Fraser, Inc. Pension Plan in TN (1,021 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($577M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,021 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Employees of Multicare Health System? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is West Fraser, Inc. Pension Plan in TN (1,021 participants, $93M in assets).