Other · DOL Form 5500 · 2023

Multicare Health System Retirement Plan

Data updated 2026-08-25

$994M
Total assets Above avg plan size
15,445
Participants Very large workforce
99th
Percentile by assets National rank
$64,341
Avg per participant Low balance/head
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Official DOL plan name: Multicare Health System 403(b) Employee Savings Plan · Sponsored by Multicare Health System · Washington · Healthcare & Social Assistance

$994M in assets, 15,445 participants

Multicare Health System's Multicare Health System 403(b) Employee Savings Plan reported $994M in total assets and 15,445 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #17,476 in Healthcare & Social Assistance (17,684 peers)

Coverage in Washington

Multicare Health System 403(b) Employee Savings Plan covers 15,445 participants in Washington, 10x the typical Washington plan (state average ~1,476 per filing). Assets: $994M.

#17,476
in Healthcare & Social Assistance (17,684 peers)
+21.4%
assets growth YoY
10.0×
vs typical plan assets (national mean)

Multicare Health System 403(b) Employee Savings Plan's outsized position by total assets

Multicare Health System 403(b) Employee Savings Plan vs every filed plan by assets

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

$993,747,801 Top 1% higher than 99% 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 403(b) Employee Savings Plan's mega-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 403(b) Employee Savings Plan is a mega filing (15,445 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Multicare Health System 403(b) Employee Savings Plan reported net income rose from -$132M in the plan year 2022 filing to $175M in the plan year 2023 filing.
  • Multicare Health System 403(b) Employee Savings Plan end-of-year assets rose from $819M in the plan year 2022 filing to $994M in the plan year 2023 filing.
  • Multicare Health System 403(b) Employee Savings Plan reported participants rose from 14,779 in the plan year 2022 filing to 15,445 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 911352172 · Multicare Health System PY 2023 · Other

Multicare Health System 403(b) Employee Savings Plan · $994M · 15,445 · 99th

  • PHOTO $994M
  • PHOTO 15,445
  • PHOTO 99th
  • PHOTO Other
  • PHOTO near Supplemental Retirement Accounts for All Employees of Dartmouth College
  • PHOTO ind #17476

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 403(b) Employee Savings Plan in the asset neighbourhood

Atlantic Health System 403(b) Retirement Savings PlanAtlantic Health System 403(b…$1.0BSupplemental Retirement Accounts for All Employees of Dartmouth CollegeSupplemental Retirement Acco…$997MMulticare Health System 403(b) Employee Savings PlanMulticare Health System 403(…$994MAnn & Robert H. Lurie Children's Hospital of Chicago Retirement Savings PlanAnn & Robert H. Lurie Childr…$988MChildren's Mercy Hospital Tax-Deferred Annuity Retirement PlanChildren's Mercy Hospital Ta…$969M
End-of-year total assets ($B) among Multicare Health System 403(b) Employee Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$819M
Net Assets (End of Year)$994M
Net Income$175M
Employer EIN911352172
Plan Effective Date2002-04-01
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 Other Plans in Washington

Peer Other plans, same state, same plan type, ranked by total assets.

Multicare Health System 403(b) Employee Savings Plan vs. nearby Other plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -100102030 Total assets ($B) Participants Multicare Health System 403(b) Employee Savings Plan, Total assets ($B): 0.993747801 · Participants: 15445Multicare Health System 403(b) Employee Savings PlanA Single-Employer Plan, Total assets ($B): 26.152051943 · Participants: 1103349A Single-Employer PlanFred Hutchinson Cancer Center Retirement Savings Plan, Total assets ($B): 1.337797274 · Participants: 5646Fred Hutchinson Cancer Center Retirement Savings PlanIronworkers District Council of the Pacific Nw Field Ironworkers Annuity Trust Fund, Total assets ($B): 0.560575431 · Participants: 7520Ironworkers District Council of the Pacific Nw Field Ironworkers Annuity Trust FundOverlake Hospital Medical Center 403(b)Retirement Plan, Total assets ($B): 0.547732449 · Participants: 3392Overlake Hospital Medical Center 403(b)Retirement PlanGonzaga University 403b Retirement Plan, Total assets ($B): 0.479398419 · Participants: 2153Gonzaga University 403b Retirement Plan
Multicare Health System 403(b) Employee Savings Plan vs. nearby Other plans in Washington, assets vs. participants
Compare Multicare Health System 403(b) Employee Savings Plan side-by-side with 3 peers →

Scale composition for Multicare Health System 403(b) Employee Savings Plan

Multicare Health System 403(b) Employee Savings Plan reports $994M in end-of-year assets across 15,445 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $64,341 per participant (47% of the national average assets-per-participant) . Net income for plan year 2023 was $175M.

This plan identity (EIN 911352172, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $819M to $1.2B (+42.3%) while covered participants moved from 14,779 to 16,022 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 14,779 $819M Open filing
2023 15,445 $994M This page
2024 · index core 16,022 $1.2B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Multicare Health System 403(b) Employee Savings Plan's out-of-state Other peers by assets and headcount

Outside Washington, the nearest Other by assets is Supplemental Retirement Accounts for All Employees of Dartmouth College in NH ($997M); by covered participants it is The Tax Sheltered Annuity Plan of Texas Children's Hospital in TX (15,456 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (15,445 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 403(b) Employee Savings Plan assets move in 2023? ▼
Multicare Health System 403(b) Employee Savings Plan grew sharply - up 21.4% during 2023, from $819M to $994M. Reported net income was $175M.
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 403(b) Employee Savings Plan rank by assets among Form 5500 filers? ▼
Multicare Health System 403(b) Employee Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Other plans are similar in size to Multicare Health System 403(b) Employee Savings Plan? ▼
Among Other plans in other states, the closest by assets is Supplemental Retirement Accounts for All Employees of Dartmouth College in NH ($997M, 3,998 participants).
Which Other plans cover a similar participant headcount to Multicare Health System 403(b) Employee Savings Plan? ▼
Among Other plans in other states, the closest by covered participants is The Tax Sheltered Annuity Plan of Texas Children's Hospital in TX (15,456 participants, $1.8B 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.