401(k) · DOL Form 5500 · 2022

St.Joseph Health System 401(k) Plan

Data updated 2026-08-06

$3.3B
Total assets
28,697
Participants
100th
Percentile by assets
$115,151
Avg per participant
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Official DOL plan name: St. Joseph and Covenant Health Systems 401(k) Plan · Sponsored by St.Joseph Health System · Washington · Healthcare & Social Assistance

$3.3B in assets, 28,697 participants

St.Joseph Health System's St. Joseph and Covenant Health Systems 401(k) Plan reported $3.3B in total assets and 28,697 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 139,258 plans)
  • #20,048 in Healthcare & Social Assistance (20,087 peers)

Coverage in Washington

St. Joseph and Covenant Health Systems 401(k) Plan covers 28,697 participants in Washington, 20x the typical Washington plan (state average ~1,466 per filing). Assets: $3.3B.

$3.3B
total plan assets (2022 EOY)
28,697
covered participants
100th
percentile by assets (of 139,258 plans)
$115,151
avg assets per participant

The plan reported a net loss of $638M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Washington filers

In Washington, the average filing covers about 1,466 participants across 2,450 plans. St. Joseph and Covenant Health Systems 401(k) Plan reports 28,697 participants - 20x that state average ($3.3B EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$3.9B
Net Assets (End of Year)$3.3B
Net Income-$638M
Employer EIN953589356
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (St.Joseph Health System)

$3B$3.5B$4B$4.5B$5B 202220232024 $3.39B $4.56B ▲ +34.5%
Total plan assets by year, all St.Joseph Health System plans on file
Year Plans Participants Total Assets
2022 2 29,410 $3.4B
2023 2 29,551 $4.0B
2024 2 30,429 $4.6B

Nearby 401(k) Plans in Washington

Peer 401(k) plans, same state, same plan type, ranked by total assets.

St. Joseph and Covenant Health Systems 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

St. Joseph and Covenant Health Systems 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 020406080 Total assets ($B) Participants St. Joseph and Coven…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) PlanT-Mobile USA, Inc. 4…
St. Joseph and Covenant Health Systems 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Scale composition for St. Joseph and Covenant Health Systems 401(k) Plan

St. Joseph and Covenant Health Systems 401(k) Plan reports $3.3B in end-of-year assets across 28,697 participants (0.028% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.032% of 89,805,449 covered participants) - about $115,151 per participant (84% of the national average assets-per-participant) . Net income for plan year 2022 was -$638M.

This plan identity (EIN 953589356, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $4.5B (+35.2%) while covered participants moved from 28,697 to 29,922 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 28,697 $3.3B This page
2023 28,968 $3.9B Open filing
2024 · index core 29,922 $4.5B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to St. Joseph and Covenant Health Systems 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did St. Joseph and Covenant Health Systems 401(k) Plan assets move in 2022?
St. Joseph and Covenant Health Systems 401(k) Plan declined sharply - down 16.2% during 2022, from $3.9B to $3.3B. Reported net income was -$638M.
How have St.Joseph Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), St.Joseph Health System's sponsor-wide assets grew 34.3%, from $3.4B to $4.6B.
Where does St. Joseph and Covenant Health Systems 401(k) Plan rank by assets among Form 5500 filers?
St. Joseph and Covenant Health Systems 401(k) Plan ranks in the 100th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to St. Joseph and Covenant Health Systems 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is H-E-B Savings & Retirement Plan in TX ($3.3B, 85,450 participants).

Next read for St. Joseph and Covenant Health Systems 4…

Filing takeaways

Ways to act on St. Joseph and Covenant Health Systems 401(k) Plan's numbers.