Defined Benefit (Pension) · DOL Form 5500 · 2023

Multicare Health System Pension Plan

Data updated 2026-08-25

$560M
Total assets Above avg plan size
864
Participants Near avg headcount
98th
Percentile by assets National rank
$647,639
Avg per participant High balance/head
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Official DOL plan name: Retirement Plan for Employees of Multicare Health System · Sponsored by Multicare Health System · Washington · Healthcare & Social Assistance

$560M in assets, 864 participants

Multicare Health System's Retirement Plan for Employees of Multicare Health System reported $560M in total assets and 864 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.

  • #17,295 in Healthcare & Social Assistance (17,684 peers)

Where Retirement Plan for Employees of Multicare Health System sits by assets

Retirement Plan for Employees of Multicare Health System sits in the top 5% of all filed plans by assets, $560M for 864 participants (~$647,639/participant), down 3.0% in 2023.

#17,295
in Healthcare & Social Assistance (17,684 peers)
-3.0%
assets change YoY
5.6×
vs typical plan assets (national mean)

Retirement Plan for Employees of Multicare Health System's outsized position by total assets

Retirement Plan for Employees of Multicare Health System vs every filed plan by assets

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

$559,560,415 Top 2% higher than 98% 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

Retirement Plan for Employees of Multicare Health System among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for Employees of Multicare Health System sits mid-pack in the medium band (864 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Plan for Employees of Multicare Health System reported net income rose from -$233M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Retirement Plan for Employees of Multicare Health System reported participants fell from 1,021 in the plan year 2022 filing to 864 in the plan year 2023 filing.
  • Retirement Plan for Employees of Multicare Health System end-of-year assets fell from $577M in the plan year 2022 filing to $560M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 911352172 · Multicare Health System PY 2023 · Defined Benefit (Pension)

Retirement Plan for Employees of Multicare Health System · $560M · 864 · 98th

  • 5500 $560M
  • 5500 864
  • 5500 98th
  • 5500 Defined Benefit (Pension)
  • 5500 near Mission Support and Test Services LLC (Msts) Employee Retirement Plan
  • 5500 ind #17295

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 →

Retirement Plan for Employees of Multicare Health System in the asset neighbourhood

Resolute Fp US Pension Plan$562MTenth Amended & Restated Owens-Illinois Hourly Retirement PlanTenth Amended & Restated Owe…$561MRetirement Plan for Employees of Multicare Health SystemRetirement Plan for Employee…$560MMission Support and Test Services LLC (Msts) Employee Retirement PlanMission Support and Test Ser…$559MGeneral Retirement Plan for Employees of Carpenter Technology CorporationGeneral Retirement Plan for …$558M
End-of-year total assets ($M) among Retirement Plan for Employees of Multicare Health System and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$577M
Net Assets (End of Year)$505M
Net Income$14M
Employer EIN911352172
Plan Effective Date1967-01-01
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 Defined Benefit (Pension) Plans in Washington

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retirement Plan for Employees of Multicare Health System vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -20020406080 Total assets ($B) Participants Retirement Plan for Employees of Multicare Health System, Total assets ($B): 0.559560415 · Participants: 864Retirement Plan for Employees of Multicare Health SystemWestern Conference of Teamsters Pension Plan, Total assets ($B): 57.387332732 · Participants: 229511Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 25.042153263 · Participants: 31566The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 16.333139549 · Participants: 32477The Boeing Company Employee Retirement PlanNorthwest Carpenters Retirement Plan, Total assets ($B): 3.287308621 · Participants: 15892Northwest Carpenters Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 3.066446219 · Participants: 8339Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan
Retirement Plan for Employees of Multicare Health System vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Retirement Plan for Employees of Multicare Health System's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Washington, the nearest Defined Benefit (Pension) by assets is Mission Support and Test Services LLC (Msts) Employee Retirement Plan in NV ($559M); by covered participants it is Capital Health Pension Plan in NJ (864 participants). Same-state nearby plans are listed separately above.

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 Retirement Plan for Employees of Multicare Health System assets move in 2023?
Retirement Plan for Employees of Multicare Health System edged down modestly - down 3.0% during 2023, from $577M to $560M. Reported net income was $14M.
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 Retirement Plan for Employees of Multicare Health System rank by assets among Form 5500 filers?
Retirement Plan for Employees of Multicare Health System 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 Defined Benefit (Pension) plans are similar in size to Retirement Plan for Employees of Multicare Health System?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mission Support and Test Services LLC (Msts) Employee Retirement Plan in NV ($559M, 2,033 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Employees of Multicare Health System?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Capital Health Pension Plan in NJ (864 participants, $52M in assets).