401(k) · DOL Form 5500 · 2023

Molina Healthcare, Inc. 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
14,378
Participants Very large workforce
99th
Percentile by assets National rank
$81,717
Avg per participant Below avg balance/head
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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.

  • #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.

#17,508
in Healthcare & Social Assistance (17,684 peers)
+31.7%
assets growth YoY
12×
vs typical plan assets (national mean)

Molina Salary Savings Plan's outsized position by total assets

Molina Salary Savings Plan vs every filed plan by assets

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

$1,174,920,003 Top 1% higher than 99% 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

Molina Salary Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Molina Salary Savings Plan is a mega filing (14,378 participants), the rightmost band on the breakdown.

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 →

Plan-year Form 5500 strip

Filing strip 134204626 · Molina Healthcare, Inc. PY 2023 · 401(k)

Molina Salary Savings Plan · $1.2B · 14,378 · 99th

  • RANK $1.2B
  • PHOTO 14,378
  • IND 99th
  • EOY 401(k)
  • 5500 near Berry Global Employees 401(k) Retirement Plan
  • ASSETS ind #17508

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 Healthcare & Social Assistance retirement plans → · Plans in California →

Molina Salary Savings Plan in the asset neighbourhood

Salt River Project Employees' 401(k) PlanSalt River Project Employees…$1.2BErie Insurance Group Employee Savings PlanErie Insurance Group Employe…$1.2BMolina Salary Savings Plan$1.2BBerry Global Employees 401(k) Retirement PlanBerry Global Employees 401(k…$1.2BHubbell Incorporated Employee Savings & Investment PlanHubbell Incorporated Employe…$1.2B
End-of-year total assets ($B) among Molina Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Molina Healthcare, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 60.55997214862874% vs 2022
2024 filing year
$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.89B $1.43B ▲ +60.7%
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 Scatter plot of 6 data points. 050000100000150000200000250000 -200204060 Total assets ($B) Participants Molina Salary Savings Plan, Total assets ($B): 1.174920003 · Participants: 14378Molina Salary Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Molina Salary Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Molina Salary Savings Plan side-by-side with 3 peers →

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:

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

Outside California, the nearest 401(k) by assets is Berry Global Employees 401(k) Retirement Plan in IN ($1.2B); by covered participants it is Roa 401(k) Plan in GA (14,408 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (14,378 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 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).
Which 401(k) plans cover a similar participant headcount to Molina Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Roa 401(k) Plan in GA (14,408 participants, N/A 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 134204626.

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.