Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Sharpsaver Defined Contribution Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Sharp Healthcare · California · Healthcare & Social Assistance

What the 2023 filing shows

Sharpsaver Defined Contribution Plan holds $998M for 19,079 participants — about $52,319 per participant, down 16.6% over the 2022 plan year.

$998M
total plan assets (2022 EOY)
19,079
covered participants
$52,319
avg assets per participant
-16.6%
assets change YoY

The plan reported a net loss of $201M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$998M
Participants
19,079
State
Industry
Healthcare & Social Assistance

What the Filing Says About Sharpsaver Defined Contribution Plan

Sharpsaver Defined Contribution Plan is a Profit Sharing retirement plan sponsored by Sharp Healthcare, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $998M in total end-of-year assets and covers 19,079 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 956077327, and the plan has been effective since 1980-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1.2B at the beginning of 2022 to $998M at year-end — a decline of 16.6%. Net assets (after liabilities) closed the year at $993M, with reported net income of $-200,654,895 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1.2B
Total Assets (End of Year)$998M
Net Assets (End of Year)$993M
Net Income$-200,654,895
Plan TypeProfit Sharing
Employer EIN956077327
Plan Effective Date1980-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sharp Healthcare)

Year Plans Participants Total Assets
2022 4 52,906 $2.0B
2023 3 51,649 $2.5B
2024 3 53,413 $2.8B

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Sharpsaver Defined Contribution Plan?
As of the 2022 Form 5500 filing, Sharpsaver Defined Contribution Plan holds $998M in total assets with 19,079 participants. It is sponsored by Sharp Healthcare.
What type of plan is Sharpsaver Defined Contribution Plan?
Sharpsaver Defined Contribution Plan is a Profit Sharing plan. It has been effective since 1980-07-01. The plan is filed with the U.S. Department of Labor under EIN 956077327.
Who sponsors the Sharpsaver Defined Contribution Plan?
Sharpsaver Defined Contribution Plan is sponsored by Sharp Healthcare, located in California. The sponsor's EIN is 956077327 and the plan operates in the Healthcare & Social Assistance industry.
How did Sharpsaver Defined Contribution Plan perform in 2022?
Sharpsaver Defined Contribution Plan declined by 16.6% during 2022, moving from $1.2B to $998M in total assets. Net income was $-200,654,895.
Where can I find official filings for Sharpsaver Defined Contribution Plan?
Official Form 5500 filings for Sharpsaver Defined Contribution Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 956077327 or plan name at efast.dol.gov.
How does Sharpsaver Defined Contribution Plan compare to other plans?
You can compare Sharpsaver Defined Contribution Plan against other Profit Sharing plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 956077327.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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