401(k) · DOL Form 5500 · 2023

PREMERA 401(k) Plan

Data updated 2026-08-25

$601M
Total assets Above avg plan size
3,273
Participants Above avg headcount
98th
Percentile by assets National rank
$183,555
Avg per participant Above avg balance/head
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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.

  • #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.

#8,528
in Finance & Insurance (8,869 peers)
+18.9%
assets growth YoY
6.0×
vs typical plan assets (national mean)

Premera 401(k) Savings Plan's outsized position by total assets

Premera 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$600,774,479 Top 2% higher than 98% of 127,068 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 2023

Premera 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Premera 401(k) Savings Plan lands in the large band (3,273 participants).

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 911662324 · PREMERA PY 2023 · 401(k)

Premera 401(k) Savings Plan · $601M · 3,273 · 98th

  • EBSA $601M
  • PART 3,273
  • TYPE 98th
  • NET 401(k)
  • BOOK near Hanger, Inc. 401(k) Savings Plan
  • VS-ST ind #8528

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 Finance & Insurance retirement plans → · Plans in Washington →

Premera 401(k) Savings Plan in the asset neighbourhood

Jbs 401(k) Savings Plan$601MHanger, Inc. 401(k) Savings PlanHanger, Inc. 401(k) Savings …$601MPremera 401(k) Savings Plan$601MBUILDWISE$600MHavas North America 401(k) Retirement PlanHavas North America 401(k) R…$600M
End-of-year total assets ($M) among Premera 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$505M
Net Assets (End of Year)$601M
Net Income$96M
Employer EIN911662324
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PREMERA)

Sponsor-wide plan assets over time

All PREMERA plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 22.241631937685582% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.91B $1.11B ▲ +22.0%
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 Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Premera 401(k) Savings Plan, Total assets ($B): 0.600774479 · Participants: 3273Premera 401(k) Savings PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Premera 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Premera 401(k) Savings Plan side-by-side with 3 peers →

Premera 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Hanger, Inc. 401(k) Savings Plan in TX ($601M); by covered participants it is Living Spaces Furniture, LLC 401(k) Plan in CA (3,272 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($601M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,273 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Premera 401(k) Savings Plan assets move in 2023? ▼
Premera 401(k) Savings Plan grew sharply - up 18.9% during 2023, from $505M to $601M. Reported net income was $96M.
How have PREMERA plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), PREMERA's sponsor-wide assets grew 22.2%, from $911M to $1.1B.
Where does Premera 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Premera 401(k) Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Premera 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hanger, Inc. 401(k) Savings Plan in TX ($601M, 5,681 participants).
Which 401(k) plans cover a similar participant headcount to Premera 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Living Spaces Furniture, LLC 401(k) Plan in CA (3,272 participants, $43M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 911662324.

Read our methodology - how this data is sourced, computed, and verified.

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