401(k) · DOL Form 5500 · 2023

Promedica Employment Services, LLC 401(k) Plan

Data updated 2026-08-11

$751M
Total assets
29,154
Participants
98th
Percentile by assets
$25,774
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Hcr Manorcare Retirement Savings 401(k) Plan · Sponsored by Promedica Employment Services, LLC · Ohio · Healthcare & Social Assistance

$751M in assets, 29,154 participants

Promedica Employment Services, LLC's Hcr Manorcare Retirement Savings 401(k) Plan reported $751M in total assets and 29,154 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)
  • #17,398 in Healthcare & Social Assistance (17,684 peers)

Coverage in Ohio

Hcr Manorcare Retirement Savings 401(k) Plan covers 29,154 participants in Ohio, 38x the typical Ohio plan (state average ~765 per filing). Assets: $751M.

$751M
total plan assets (2023 EOY)
29,154
covered participants
98th
percentile by assets (of 127,072 plans)
$25,774
avg assets per participant

The plan reported a net loss of $86M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hcr Manorcare Retirement Savings 401(k) Plan reported net income rose from -$171M in the plan year 2022 filing to -$86M in the plan year 2023 filing.
  • Hcr Manorcare Retirement Savings 401(k) Plan end-of-year assets fell from $838M in the plan year 2022 filing to $751M in the plan year 2023 filing.
  • Hcr Manorcare Retirement Savings 401(k) Plan reported participants rose from 27,372 in the plan year 2022 filing to 29,154 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Hcr Manorcare Retirement Savings 401(k) Plan reports 29,154 participants - 38x that state average ($751M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$838M
Net Assets (End of Year)$751M
Net Income-$86M
Employer EIN341903270
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Promedica Employment Services, LLC)

$600M$700M$800M$900M 202220232024 $855M $645M ▼ -24.6%
Total plan assets by year, all Promedica Employment Services, LLC plans on file
Year Plans Participants Total Assets
2022 2 65,110 $855M
2023 2 59,803 $767M
2024 2 5,379 $645M

Nearby 401(k) Plans in Ohio

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

Hcr Manorcare Retirement Savings 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Hcr Manorcare Retirement Savings 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -50510152025 Total assets ($B) Participants Hcr Manorcare Retire…GE Retirement Saving…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…
Hcr Manorcare Retirement Savings 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for Hcr Manorcare Retirement Savings 401(k) Plan

Hcr Manorcare Retirement Savings 401(k) Plan reports $751M in end-of-year assets across 29,154 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.031% of 93,925,755 covered participants) - about $25,774 per participant (19% of the national average assets-per-participant) . Net income for plan year 2023 was -$86M.

This plan identity (EIN 341903270, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $838M to $633M (-24.4%) while covered participants moved from 27,372 to 1,740 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 27,372 $838M Open filing
2023 29,154 $751M This page
2024 · index core 1,740 $633M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hcr Manorcare Retirement Savings 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Hcr Manorcare Retirement Savings 401(k) Plan assets move in 2023?
Hcr Manorcare Retirement Savings 401(k) Plan pulled back noticeably - down 10.3% during 2023, from $838M to $751M. Reported net income was -$86M.
How have Promedica Employment Services, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Promedica Employment Services, LLC's sponsor-wide assets declined 24.6%, from $855M to $645M.
Where does Hcr Manorcare Retirement Savings 401(k) Plan rank by assets among Form 5500 filers?
Hcr Manorcare Retirement Savings 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 Hcr Manorcare Retirement Savings 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Investment & Employee Stock Ownership Plan of Avista in WA ($751M, 1,885 participants).

Next read for Hcr Manorcare Retirement Savings 401(k) …

Filing takeaways

Ways to act on Hcr Manorcare Retirement Savings 401(k) Plan's numbers.