401(k) · DOL Form 5500 · 2023

Multicare Health System 401(k) Plan

Data updated 2026-08-25

$354M
Total assets Above avg plan size
5,211
Participants Above avg headcount
97th
Percentile by assets National rank
$67,865
Avg per participant Below avg balance/head
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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.

  • #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.

#17,133
in Healthcare & Social Assistance (17,684 peers)
+22.3%
assets growth YoY
3.5×
vs typical plan assets (national mean)

Multicare Health System 401(k) Plan's outsized position by total assets

Multicare Health System 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$353,645,249 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Multicare Health System 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Multicare Health System 401(k) Plan lands in the large band (5,211 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 911352172 · Multicare Health System PY 2023 · 401(k)

Multicare Health System 401(k) Plan · $354M · 5,211 · 97th

  • EOY $354M
  • EOY 5,211
  • EOY 97th
  • EOY 401(k)
  • EOY near Icma Retirement Corporation Retirement Savings Plan
  • EOY ind #17133

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Washington →

Multicare Health System 401(k) Plan in the asset neighbourhood

Murphy-Hoffman Company Employee Profit Sharing PlanMurphy-Hoffman Company Emplo…$354MProgress Software Corporation 401(k) PlanProgress Software Corporatio…$354MMulticare Health System 401(k) PlanMulticare Health System 401(…$354MIcma Retirement Corporation Retirement Savings PlanIcma Retirement Corporation …$354MOption Care Health 401(k) PlanOption Care Health 401(k) Pl…$353M
End-of-year total assets ($M) among Multicare Health System 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$289M
Net Assets (End of Year)$354M
Net Income$65M
Employer EIN911352172
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Multicare Health System)

Sponsor-wide plan assets over time

All Multicare Health System plans reported in each filing year

Latest sponsor-wide plan assets
$3.1B 47.98591866792275% vs 2022
2024 filing year
$1.5B$2B$2.5B$3B$3.5B 202220232024 $2.07B $3.06B ▲ +47.8%
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 Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Multicare Health System 401(k) Plan, Total assets ($B): 0.353645249 · Participants: 5211Multicare Health System 401(k) PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Multicare Health System 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Multicare Health System 401(k) Plan side-by-side with 3 peers →

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 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Icma Retirement Corporation Retirement Savings Plan in DC ($354M); by covered participants it is North American Lighting, Inc. Command Plus Plan in IL (5,211 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($354M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,211 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Multicare Health System 401(k) Plan assets move in 2023? ▼
Multicare Health System 401(k) Plan grew sharply - up 22.3% during 2023, from $289M to $354M. Reported net income was $65M.
How have Multicare Health System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Multicare Health System's sponsor-wide assets grew 48.0%, from $2.1B to $3.1B.
Where does Multicare Health System 401(k) Plan rank by assets among Form 5500 filers? ▼
Multicare Health System 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 Multicare Health System 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).
Which 401(k) plans cover a similar participant headcount to Multicare Health System 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is North American Lighting, Inc. Command Plus Plan in IL (5,211 participants, $460M in assets).

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 911352172.

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.