401(k) · DOL Form 5500 · 2023

Molina Healthcare, Inc. 401(k) Plan

Data updated 2026-08-11

$1.2B
Total assets
14,378
Participants
99th
Percentile by assets
$81,717
Avg per participant
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Official DOL plan name: Molina Salary Savings Plan · Sponsored by Molina Healthcare, Inc. · California · Healthcare & Social Assistance

$1.2B in assets, 14,378 participants

Molina Healthcare, Inc.'s Molina Salary Savings Plan reported $1.2B in total assets and 14,378 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #17,508 in Healthcare & Social Assistance (17,684 peers)

Coverage in California

Molina Salary Savings Plan covers 14,378 participants in California, 23x the typical California plan (state average ~630 per filing). Assets: $1.2B.

$1.2B
total plan assets (2023 EOY)
14,378
covered participants
99th
percentile by assets (of 127,072 plans)
$81,717
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Molina Salary Savings Plan reported net income rose from -$92M in the plan year 2022 filing to $283M in the plan year 2023 filing.
  • Molina Salary Savings Plan end-of-year assets rose from $892M in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Molina Salary Savings Plan reported participants rose from 13,081 in the plan year 2022 filing to 14,378 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Molina Salary Savings Plan reports 14,378 participants - 23x that state average ($1.2B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$892M
Net Assets (End of Year)$1.2B
Net Income$283M
Employer EIN134204626
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Molina Healthcare, Inc.)

$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.89B $1.43B ▲ +60.7%
Total plan assets by year, all Molina Healthcare, Inc. plans on file
Year Plans Participants Total Assets
2022 1 13,081 $892M
2023 1 14,378 $1.2B
2024 1 17,031 $1.4B

Nearby 401(k) Plans in California

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

Molina Salary Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Molina Salary Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 -200204060 Total assets ($B) Participants Molina Salary Saving…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Molina Salary Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Molina Salary Savings Plan

Molina Salary Savings Plan reports $1.2B in end-of-year assets across 14,378 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $81,717 per participant (59% of the national average assets-per-participant) . Net income for plan year 2023 was $283M.

This plan identity (EIN 134204626, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $892M to $1.4B (+60.6%) while covered participants moved from 13,081 to 17,031 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,081 $892M Open filing
2023 14,378 $1.2B This page
2024 · index core 17,031 $1.4B 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 Molina Salary Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Molina Salary Savings Plan assets move in 2023?
Molina Salary Savings Plan surged - up 31.7% during 2023, from $892M to $1.2B. Reported net income was $283M.
How have Molina Healthcare, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Molina Healthcare, Inc.'s sponsor-wide assets grew 60.6%, from $892M to $1.4B.
Where does Molina Salary Savings Plan rank by assets among Form 5500 filers?
Molina Salary Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Molina Salary Savings Plan?
Among 401(k) plans in other states, the closest by assets is Berry Global Employees 401(k) Retirement Plan in IN ($1.2B, 17,548 participants).

Filing takeaways

Ways to act on Molina Salary Savings Plan's numbers.