401(k) · DOL Form 5500 · 2023
PREMERA 401(k) Plan
Data updated 2026-08-11
- $601M
- Total assets
- 3,273
- Participants
- 98th
- Percentile by assets
- $183,555
- Avg per participant
Official DOL plan name: Premera 401(k) Savings Plan · Sponsored by PREMERA · Washington · Finance & Insurance
$601M in assets, 3,273 participants
PREMERA's Premera 401(k) Savings Plan reported $601M in total assets and 3,273 participants in its 2023 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 127,072 plans)
- #8,528 in Finance & Insurance (8,869 peers)
Coverage in Washington
Premera 401(k) Savings Plan covers 3,273 participants in Washington, 2.2x the typical Washington plan (state average ~1,476 per filing). Assets: $601M.
- $601M
- total plan assets (2023 EOY)
- 3,273
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $183,555
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Premera 401(k) Savings Plan reported net income rose from -$87M in the plan year 2022 filing to $96M in the plan year 2023 filing.
- Premera 401(k) Savings Plan end-of-year assets rose from $505M in the plan year 2022 filing to $601M in the plan year 2023 filing.
- Premera 401(k) Savings Plan reported participants rose from 3,086 in the plan year 2022 filing to 3,273 in the plan year 2023 filing.
Participants vs Washington filers
In Washington, the average filing covers about 1,476 participants across 2,612 plans. Premera 401(k) Savings Plan reports 3,273 participants - 2.2x that state average ($601M EOY assets).
Washington filing particulars
| Total Assets (Beginning of Year) | $505M |
|---|---|
| Net Assets (End of Year) | $601M |
| Net Income | $96M |
| Employer EIN | 911662324 |
| Plan Effective Date | 1998-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (PREMERA)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,749 | $911M |
| 2023 | 2 | 5,987 | $1.1B |
| 2024 | 2 | 6,355 | $1.1B |
Nearby 401(k) Plans in Washington
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Premera 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants
- The Boeing Company 401(k) Retirement Plan $72.2B · 128,910
- Microsoft Corporation Savings Plus 401(k) Plan $53.2B · 123,296
- Costco 401(k) Retirement Plan $33.4B · 192,744
- T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust $8.3B · 71,538
- 401(k) Savings Plan $8.1B · 87,590
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Premera 401(k) Savings Plan by total assets, not by location.
- Hanger, Inc. 401(k) Savings Plan (TX) $601M · 5,681
- Jbs 401(k) Savings Plan (CO) $601M · 38,726
- BUILDWISE (NJ) $600M · 11,079
- Havas North America 401(k) Retirement Plan (NY) $600M · 3,820
Frequently Asked Questions
How did Premera 401(k) Savings Plan assets move in 2023? ▼
How have PREMERA plan assets changed over time? ▼
Where does Premera 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Premera 401(k) Savings Plan? ▼
Next read for Premera 401(k) Savings Plan
Filing takeaways
Ways to act on Premera 401(k) Savings Plan's numbers.
- By total assets, Premera 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
- PREMERA's sponsor-wide assets have grown 22.2% since 2022 across 3 plan years on file. More Finance & Insurance plans