Defined Benefit (Pension) · DOL Form 5500 · 2022

Sharp Healthcare Pension Plan

Data updated 2026-08-11

$453M
Total assets
11,379
Participants
98th
Percentile by assets
$39,852
Avg per participant
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Official DOL plan name: Sharpsaver Retirement Plan · Sponsored by Sharp Healthcare · California · Healthcare & Social Assistance

$453M in assets, 11,379 participants

Sharp Healthcare's Sharpsaver Retirement Plan reported $453M in total assets and 11,379 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)
  • #19,645 in Healthcare & Social Assistance (20,060 peers)

Coverage in California

Sharpsaver Retirement Plan covers 11,379 participants in California, 18x the typical California plan (state average ~630 per filing). Assets: $453M.

$453M
total plan assets (2022 EOY)
11,379
covered participants
98th
percentile by assets (of 139,126 plans)
$39,852
avg assets per participant

The plan reported a net loss of $134M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Sharpsaver Retirement Plan reports 11,379 participants - 18x that state average ($453M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$586M
Net Assets (End of Year)$451M
Net Income-$134M
Employer EIN956077327
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sharp Healthcare)

$1.5B$2B$2.5B$3B 202220232024 $2.01B $2.82B ▲ +40.3%
Total plan assets by year, all Sharp Healthcare plans on file
Year Plans Participants Total Assets
2022 4 52,906 $2.0B
2023 3 51,649 $2.5B
2024 3 53,413 $2.8B

Nearby Defined Benefit (Pension) Plans in California

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

Sharpsaver Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Sharpsaver Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -10010203040 Total assets ($B) Participants Sharpsaver Retiremen…Kaiser Permanente Re…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…Wells Fargo & Compan…
Sharpsaver Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Sharpsaver Retirement Plan

Sharpsaver Retirement Plan reports $453M in end-of-year assets across 11,379 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $39,852 per participant (29% of the national average assets-per-participant) . Net income for plan year 2022 was -$134M.

This plan identity (EIN 956077327, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $453M to $687M (+51.4%) while covered participants moved from 11,379 to 13,524 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,379 $453M This page
2023 13,460 $679M Open filing
2024 · index core 13,524 $687M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sharpsaver Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Sharpsaver Retirement Plan assets move in 2022?
Sharpsaver Retirement Plan declined sharply - down 22.6% during 2022, from $586M to $453M. Reported net income was -$134M.
How have Sharp Healthcare plan assets changed over time?
Across 3 plan years on file (2022-2024), Sharp Healthcare's sponsor-wide assets grew 40.1%, from $2.0B to $2.8B.
Where does Sharpsaver Retirement Plan rank by assets among Form 5500 filers?
Sharpsaver Retirement Plan 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 Sharpsaver Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Nassau Companies of New York Employee Pension Plan in CT ($453M, 172 participants).

Filing takeaways

Ways to act on Sharpsaver Retirement Plan's numbers.