Defined Benefit (Pension) · DOL Form 5500 · 2023

Sharp Healthcare Pension Plan

Data updated 2026-08-11

$679M
Total assets
13,460
Participants
98th
Percentile by assets
$50,411
Avg per participant
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Official DOL plan name: Sharpsaver Retirement Plan · Sponsored by Sharp Healthcare · California · Healthcare & Social Assistance

$679M in assets, 13,460 participants

Sharp Healthcare's Sharpsaver Retirement Plan reported $679M in total assets and 13,460 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)
  • #17,361 in Healthcare & Social Assistance (17,684 peers)

Coverage in California

Sharpsaver Retirement Plan covers 13,460 participants in California, 21x the typical California plan (state average ~630 per filing). Assets: $679M.

$679M
total plan assets (2023 EOY)
13,460
covered participants
98th
percentile by assets (of 127,072 plans)
$50,411
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sharpsaver Retirement Plan reported net income rose from -$134M in the plan year 2022 filing to $82M in the plan year 2023 filing.
  • Sharpsaver Retirement Plan end-of-year assets rose from $453M in the plan year 2022 filing to $679M in the plan year 2023 filing.
  • Sharpsaver Retirement Plan reported participants rose from 11,379 in the plan year 2022 filing to 13,460 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. Sharpsaver Retirement Plan reports 13,460 participants - 21x that state average ($679M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$453M
Net Assets (End of Year)$676M
Net Income$82M
Employer EIN956077327
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sharp Healthcare)

$1.5B$2B$2.5B$3B 202220232024 $2.01B $2.82B ▲ +40.3%
Total plan assets by year, all Sharp Healthcare plans on file
Year Plans Participants Total Assets
2022 4 52,906 $2.0B
2023 3 51,649 $2.5B
2024 3 53,413 $2.8B

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sharpsaver Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Sharpsaver Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -10010203040 Total assets ($B) Participants Sharpsaver Retiremen…Kaiser Permanente Re…Pacific Gas and Elec…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…
Sharpsaver Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Sharpsaver Retirement Plan

Sharpsaver Retirement Plan reports $679M in end-of-year assets across 13,460 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $50,411 per participant (36% of the national average assets-per-participant) . Net income for plan year 2023 was $82M.

This plan identity (EIN 956077327, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $453M to $687M (+51.4%) while covered participants moved from 11,379 to 13,524 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,379 $453M Open filing
2023 13,460 $679M This page
2024 · index core 13,524 $687M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sharpsaver Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Sharpsaver Retirement Plan assets move in 2023?
Sharpsaver Retirement Plan surged - up 49.6% during 2023, from $453M to $679M. Reported net income was $82M.
How have Sharp Healthcare plan assets changed over time?
Across 3 plan years on file (2022-2024), Sharp Healthcare's sponsor-wide assets grew 40.1%, from $2.0B to $2.8B.
Where does Sharpsaver Retirement Plan rank by assets among Form 5500 filers?
Sharpsaver Retirement 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 Defined Benefit (Pension) plans are similar in size to Sharpsaver Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Johnson & Johnson Retirement Plan for Puerto Rico Employees in NJ ($678M, 3,592 participants).

Filing takeaways

Ways to act on Sharpsaver Retirement Plan's numbers.