401(k) · DOL Form 5500 · 2023

Sutter Health 401(k) Plan

Data updated 2026-08-11

$167M
Total assets
2,853
Participants
94th
Percentile by assets
$58,658
Avg per participant
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Official DOL plan name: Sutter Health 401(k) Savings Plan · Sponsored by Sutter Health · California · Healthcare & Social Assistance

$167M in assets, 2,853 participants

Sutter Health's Sutter Health 401(k) Savings Plan reported $167M in total assets and 2,853 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #16,756 in Healthcare & Social Assistance (17,684 peers)

Coverage in California

Sutter Health 401(k) Savings Plan covers 2,853 participants in California, 4.5x the typical California plan (state average ~630 per filing). Assets: $167M.

$167M
total plan assets (2023 EOY)
2,853
covered participants
94th
percentile by assets (of 127,072 plans)
$58,658
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sutter Health 401(k) Savings Plan reported net income rose from -$44M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Sutter Health 401(k) Savings Plan end-of-year assets rose from $149M in the plan year 2022 filing to $167M in the plan year 2023 filing.
  • Sutter Health 401(k) Savings Plan reported participants fell from 3,133 in the plan year 2022 filing to 2,853 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. Sutter Health 401(k) Savings Plan reports 2,853 participants - 4.5x that state average ($167M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$149M
Net Assets (End of Year)$167M
Net Income$18M
Employer EIN942788907
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sutter Health)

$11B$12B$13B$14B$15B$16B 202220232024 $12.1B $15.1B ▲ +24.4%
Total plan assets by year, all Sutter Health plans on file
Year Plans Participants Total Assets
2022 6 97,740 $12.1B
2023 6 100,618 $13.6B
2024 6 108,498 $15.1B

Nearby 401(k) Plans in California

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

Sutter Health 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Sutter Health 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Sutter Health 401(k)…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Sutter Health 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sutter Health 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Sutter Health 401(k) Savings Plan assets move in 2023?
Sutter Health 401(k) Savings Plan grew at a solid clip - up 12.1% during 2023, from $149M to $167M. Reported net income was $18M.
How have Sutter Health plan assets changed over time?
Across 3 plan years on file (2022-2024), Sutter Health's sponsor-wide assets grew 24.4%, from $12.1B to $15.1B.
Where does Sutter Health 401(k) Savings Plan rank by assets among Form 5500 filers?
Sutter Health 401(k) Savings Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Sutter Health 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Finance of America Companies 401(k) Plan in TX ($167M, 2,136 participants).

Filing takeaways

Ways to act on Sutter Health 401(k) Savings Plan's numbers.