401(k) · DOL Form 5500 · 2023

Option Care Health, Inc. 401(k) Plan

Data updated 2026-08-11

$353M
Total assets
6,922
Participants
97th
Percentile by assets
$51,056
Avg per participant
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Official DOL plan name: Option Care Health 401(k) Plan · Sponsored by Option Care Health, Inc. · Illinois · Healthcare & Social Assistance

$353M in assets, 6,922 participants

Option Care Health, Inc.'s Option Care Health 401(k) Plan reported $353M in total assets and 6,922 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,132 in Healthcare & Social Assistance (17,684 peers)

Coverage in Illinois

Option Care Health 401(k) Plan covers 6,922 participants in Illinois, 8.9x the typical Illinois plan (state average ~779 per filing). Assets: $353M.

$353M
total plan assets (2023 EOY)
6,922
covered participants
97th
percentile by assets (of 127,072 plans)
$51,056
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Option Care Health 401(k) Plan reported net income rose from -$46M in the plan year 2022 filing to $61M in the plan year 2023 filing.
  • Option Care Health 401(k) Plan end-of-year assets rose from $293M in the plan year 2022 filing to $353M in the plan year 2023 filing.
  • Option Care Health 401(k) Plan reported participants rose from 6,120 in the plan year 2022 filing to 6,922 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Option Care Health 401(k) Plan reports 6,922 participants - 8.9x that state average ($353M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$293M
Net Assets (End of Year)$353M
Net Income$61M
Employer EIN680208702
Plan Effective Date2015-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Option Care Health, Inc.)

$250M$300M$350M$400M$450M 202220232024 $293M $413M ▲ +41.0%
Total plan assets by year, all Option Care Health, Inc. plans on file
Year Plans Participants Total Assets
2022 1 6,120 $293M
2023 1 6,922 $353M
2024 1 7,765 $413M

Nearby 401(k) Plans in Illinois

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

Option Care Health 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Option Care Health 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Option Care Health 4…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Option Care Health 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Option Care Health 401(k) Plan

Option Care Health 401(k) Plan reports $353M in end-of-year assets across 6,922 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $51,056 per participant (37% of the national average assets-per-participant) . Net income for plan year 2023 was $61M.

This plan identity (EIN 680208702, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $293M to $413M (+41.0%) while covered participants moved from 6,120 to 7,765 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,120 $293M Open filing
2023 6,922 $353M This page
2024 · index core 7,765 $413M 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 Option Care Health 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Option Care Health 401(k) Plan assets move in 2023?
Option Care Health 401(k) Plan grew sharply - up 20.7% during 2023, from $293M to $353M. Reported net income was $61M.
How have Option Care Health, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Option Care Health, Inc.'s sponsor-wide assets grew 41.0%, from $293M to $413M.
Where does Option Care Health 401(k) Plan rank by assets among Form 5500 filers?
Option Care Health 401(k) Plan ranks in the 97th 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 Option Care Health 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Icma Retirement Corporation Retirement Savings Plan in DC ($354M, 611 participants).

Filing takeaways

Ways to act on Option Care Health 401(k) Plan's numbers.