Profit Sharing · DOL Form 5500 · 2023
Multicare Health System Profit Sharing Plan
Data updated 2026-08-11
- $478M
- Total assets
- 11,441
- Participants
- 97th
- Percentile by assets
- $41,818
- Avg per participant
Official DOL plan name: Multicare Health System Retirement Account Plan · Sponsored by Multicare Health System · Washington · Healthcare & Social Assistance
$478M in assets, 11,441 participants
Multicare Health System's Multicare Health System Retirement Account Plan reported $478M in total assets and 11,441 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)
- #17,253 in Healthcare & Social Assistance (17,684 peers)
Coverage in Washington
Multicare Health System Retirement Account Plan covers 11,441 participants in Washington, 7.7x the typical Washington plan (state average ~1,476 per filing). Assets: $478M.
- $478M
- total plan assets (2023 EOY)
- 11,441
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $41,818
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Multicare Health System Retirement Account Plan reported net income rose from -$40M in the plan year 2022 filing to $93M in the plan year 2023 filing.
- Multicare Health System Retirement Account Plan end-of-year assets rose from $385M in the plan year 2022 filing to $478M in the plan year 2023 filing.
- Multicare Health System Retirement Account Plan reported participants rose from 11,050 in the plan year 2022 filing to 11,441 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 Retirement Account Plan reports 11,441 participants - 7.7x that state average ($478M EOY assets).
Washington filing particulars
| Total Assets (Beginning of Year) | $385M |
|---|---|
| Net Assets (End of Year) | $478M |
| Net Income | $93M |
| Employer EIN | 911352172 |
| Plan Effective Date | 2003-01-01 |
| 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 Profit Sharing Plans in Washington
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Multicare Health System Retirement Account Plan vs. nearby Profit Sharing plans in Washington, assets vs. participants
- Bill & Melinda Gates Foundation Sharing Retirement Plan $579M · 1,735
- Itron, Inc. Incentive Savings Plan $576M · 2,440
- SEIU 775 Secure Retirement Plan $384M · 70,796
- Western Washington Painters Defined Contribution Pension Plan $259M · 1,660
- Peacehealth Southwest Medical Center Employer Contribution Plan $207M · 3,300
Scale composition for Multicare Health System Retirement Account Plan
Multicare Health System Retirement Account Plan reports $478M in end-of-year assets across 11,441 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $41,818 per participant (30% of the national average assets-per-participant) . Net income for plan year 2023 was $93M.
This plan identity (EIN 911352172, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $385M to $562M (+45.8%) while covered participants moved from 11,050 to 11,865 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,050 | $385M | Open filing |
| 2023 | 11,441 | $478M | This page |
| 2024 · index core | 11,865 | $562M | 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 Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Multicare Health System Retirement Account Plan by total assets, not by location.
- Ballad Health 401(a) Plan (TN) $478M · 5,420
- I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B (NV) $481M · 4,139
- University of Maryland Medical System 401(a) Defined Contribution Plan (MD) $475M · 6,953
- Iuoe Local 30 Annuity Fund (NY) $483M · 4,593
Frequently Asked Questions
How did Multicare Health System Retirement Account Plan assets move in 2023? ▼
How have Multicare Health System plan assets changed over time? ▼
Where does Multicare Health System Retirement Account Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Multicare Health System Retirement Account Plan? ▼
Next read for Multicare Health System Retirement Accou…
Filing takeaways
Ways to act on Multicare Health System Retirement Account Plan's numbers.
- By total assets, Multicare Health System Retirement Account Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing 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