401(k) · DOL Form 5500 · 2023
Multicare Health System 401(k) Plan
Data updated 2026-08-11
- $354M
- Total assets
- 5,211
- Participants
- 97th
- Percentile by assets
- $67,865
- Avg per participant
Official DOL plan name: Multicare Health System 401(k) Plan · Sponsored by Multicare Health System · Washington · Healthcare & Social Assistance
$354M in assets, 5,211 participants
Multicare Health System's Multicare Health System 401(k) Plan reported $354M in total assets and 5,211 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)
- #17,133 in Healthcare & Social Assistance (17,684 peers)
Coverage in Washington
Multicare Health System 401(k) Plan covers 5,211 participants in Washington, 3.5x the typical Washington plan (state average ~1,476 per filing). Assets: $354M.
- $354M
- total plan assets (2023 EOY)
- 5,211
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $67,865
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Multicare Health System 401(k) Plan reported net income rose from -$37M in the plan year 2022 filing to $65M in the plan year 2023 filing.
- Multicare Health System 401(k) Plan end-of-year assets rose from $289M in the plan year 2022 filing to $354M in the plan year 2023 filing.
- Multicare Health System 401(k) Plan reported participants rose from 5,001 in the plan year 2022 filing to 5,211 in the plan year 2023 filing.
Participants vs Washington filers
In Washington, the average filing covers about 1,476 participants across 2,612 plans. Multicare Health System 401(k) Plan reports 5,211 participants - 3.5x that state average ($354M EOY assets).
Washington filing particulars
| Total Assets (Beginning of Year) | $289M |
|---|---|
| Net Assets (End of Year) | $354M |
| Net Income | $65M |
| Employer EIN | 911352172 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Multicare Health System)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 31,851 | $2.1B |
| 2023 | 4 | 32,961 | $2.4B |
| 2024 | 4 | 34,209 | $3.1B |
Nearby 401(k) Plans in Washington
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Multicare Health System 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
- The Boeing Company 401(k) Retirement Plan $72.2B · 128,910
- Microsoft Corporation Savings Plus 401(k) Plan $53.2B · 123,296
- Costco 401(k) Retirement Plan $33.4B · 192,744
- T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust $8.3B · 71,538
- 401(k) Savings Plan $8.1B · 87,590
Scale composition for Multicare Health System 401(k) Plan
Multicare Health System 401(k) Plan reports $354M in end-of-year assets across 5,211 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $67,865 per participant (49% of the national average assets-per-participant) . Net income for plan year 2023 was $65M.
This plan identity (EIN 911352172, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $289M to $779M (+169.5%) while covered participants moved from 5,001 to 5,537 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,001 | $289M | Open filing |
| 2023 | 5,211 | $354M | This page |
| 2024 · index core | 5,537 | $779M | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Multicare Health System 403(b) Employee Savings Plan (Other, $1.2B, 16,022 participants)
- Multicare Health System 401(k) Plan (401(k), $779M, 5,537 participants)
- Multicare Health System Retirement Account Plan (Profit Sharing, $562M, 11,865 participants)
- Retirement Plan for Employees of Multicare Health System (Defined Benefit (Pension), $557M, 785 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Multicare Health System 401(k) Plan by total assets, not by location.
- Icma Retirement Corporation Retirement Savings Plan (DC) $354M · 611
- Progress Software Corporation 401(k) Plan (MA) $354M · 793
- Murphy-Hoffman Company Employee Profit Sharing Plan (KS) $354M · 4,144
- Option Care Health 401(k) Plan (IL) $353M · 6,922
Frequently Asked Questions
How did Multicare Health System 401(k) Plan assets move in 2023? ▼
How have Multicare Health System plan assets changed over time? ▼
Where does Multicare Health System 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Multicare Health System 401(k) Plan? ▼
Next read for Multicare Health System 401(k) Plan
Filing takeaways
Ways to act on Multicare Health System 401(k) Plan's numbers.
- By total assets, Multicare Health System 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
- Multicare Health System's sponsor-wide assets have grown 48.0% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans