401(k) · DOL Form 5500 · 2023

Baptist Healthcare System, Inc. 401(k) Plan

Data updated 2026-08-11

$646M
Total assets
21,825
Participants
98th
Percentile by assets
$29,608
Avg per participant
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Official DOL plan name: Baptist Health 401(k) Plan · Sponsored by Baptist Healthcare System, Inc. · Kentucky · Healthcare & Social Assistance

$646M in assets, 21,825 participants

Baptist Healthcare System, Inc.'s Baptist Health 401(k) Plan reported $646M in total assets and 21,825 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)
  • #17,339 in Healthcare & Social Assistance (17,684 peers)

Coverage in Kentucky

Baptist Health 401(k) Plan covers 21,825 participants in Kentucky, 34x the typical Kentucky plan (state average ~647 per filing). Assets: $646M.

$646M
total plan assets (2023 EOY)
21,825
covered participants
98th
percentile by assets (of 127,072 plans)
$29,608
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Baptist Health 401(k) Plan reported net income rose from $47M in the plan year 2022 filing to $195M in the plan year 2023 filing.
  • Baptist Health 401(k) Plan end-of-year assets rose from $452M in the plan year 2022 filing to $646M in the plan year 2023 filing.
  • Baptist Health 401(k) Plan reported participants rose from 15,394 in the plan year 2022 filing to 21,825 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Kentucky
Industry
Healthcare & Social Assistance

Participants vs Kentucky filers

In Kentucky, the average filing covers about 647 participants across 1,300 plans. Baptist Health 401(k) Plan reports 21,825 participants - 34x that state average ($646M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$452M
Net Assets (End of Year)$646M
Net Income$195M
Employer EIN610444707
Plan Effective Date1993-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baptist Healthcare System, Inc.)

$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.54B $2.03B ▲ +31.8%
Total plan assets by year, all Baptist Healthcare System, Inc. plans on file
Year Plans Participants Total Assets
2022 3 37,280 $1.5B
2023 3 22,714 $1.8B
2024 3 16,859 $2.0B

Nearby 401(k) Plans in Kentucky

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

Baptist Health 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Baptist Health 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 0246810 Total assets ($B) Participants Baptist Health 401(k…Commonspirit Health …Humana Retirement Sa…UPS/Ipa 401(k) Savin…Scionhealth 401(k) P…Lexmark Savings Plan
Baptist Health 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Baptist Health 401(k) Plan side-by-side with 3 peers →

Scale composition for Baptist Health 401(k) Plan

Baptist Health 401(k) Plan reports $646M in end-of-year assets across 21,825 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $29,608 per participant (21% of the national average assets-per-participant) . Net income for plan year 2023 was $195M.

This plan identity (EIN 610444707, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $452M to $852M (+88.7%) while covered participants moved from 15,394 to 16,771 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 15,394 $452M Open filing
2023 21,825 $646M This page
2024 · index core 16,771 $852M 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 Baptist Health 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Baptist Health 401(k) Plan assets move in 2023? ▼
Baptist Health 401(k) Plan surged - up 43.1% during 2023, from $452M to $646M. Reported net income was $195M.
How have Baptist Healthcare System, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Baptist Healthcare System, Inc.'s sponsor-wide assets grew 31.6%, from $1.5B to $2.0B.
Where does Baptist Health 401(k) Plan rank by assets among Form 5500 filers? ▼
Baptist Health 401(k) 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 401(k) plans are similar in size to Baptist Health 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Erm - US Salary Deferral Plan in PA ($646M, 2,222 participants).

Next read for Baptist Health 401(k) Plan

Filing takeaways

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

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 610444707.

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.