401(k) · DOL Form 5500 · 2023

Providence Health & Services 401(k) Plan

Data updated 2026-08-25

$6.2B
Total assets Very large vs avg
51,684
Participants Very large workforce
100th
Percentile by assets National rank
$120,400
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Providence Health & Services 403(b) Value Plan · Sponsored by Providence Health & Services · Washington · Healthcare & Social Assistance

$6.2B in assets, 51,684 participants

Providence Health & Services's Providence Health & Services 403(b) Value Plan reported $6.2B in total assets and 51,684 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #17,662 in Healthcare & Social Assistance (17,684 peers)

Coverage in Washington

Providence Health & Services 403(b) Value Plan covers 51,684 participants in Washington, 35x the typical Washington plan (state average ~1,476 per filing). Assets: $6.2B.

#17,662
in Healthcare & Social Assistance (17,684 peers)
+9.2%
assets growth YoY
62×
vs typical plan assets (national mean)

Providence Health & Services 403(b) Value Plan's outsized position by total assets

Providence Health & Services 403(b) Value Plan vs every filed plan by assets

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

$6,222,775,252 Highest reported value at or above every one 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

Providence Health & Services 403(b) Value 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. Providence Health & Services 403(b) Value Plan is a mega filing (51,684 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Providence Health & Services 403(b) Value Plan reported net income rose from -$1.9B in the plan year 2022 filing to $526M in the plan year 2023 filing.
  • Providence Health & Services 403(b) Value Plan reported participants fell from 63,476 in the plan year 2022 filing to 51,684 in the plan year 2023 filing.
  • Providence Health & Services 403(b) Value Plan end-of-year assets rose from $5.7B in the plan year 2022 filing to $6.2B in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 510216586 · Providence Health & Services PY 2023 · 401(k)

Providence Health & Services 403(b) Value Plan · $6.2B · 51,684 · 100th

  • BOY $6.2B
  • SCH 51,684
  • EBSA 100th
  • PART 401(k)
  • TYPE near Aon Savings Plan
  • NET ind #17662

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 →

Providence Health & Services 403(b) Value Plan in the asset neighbourhood

Hdr, Inc. Best Plan and ESOP$6.3BAecom Retirement & Savings PlanAecom Retirement & Savings P…$6.2BProvidence Health & Services 403(b) Value PlanProvidence Health & Services…$6.2BAon Savings Plan$6.2BJohnson Controls Retirement Savings and Investment PlanJohnson Controls Retirement …$6.2B
End-of-year total assets ($B) among Providence Health & Services 403(b) Value Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$5.7B
Net Assets (End of Year)$6.2B
Net Income$526M
Employer EIN510216586
Plan Effective Date1968-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Providence Health & Services)

Sponsor-wide plan assets over time

All Providence Health & Services plans reported in each filing year

Latest sponsor-wide plan assets
$16.7B 43.19641282802845% vs 2022
2024 filing year
$10B$12B$14B$16B$18B 202220232024 $11.6B $16.7B ▲ +43.2%
Year Plans Participants Total Assets
2022 3 159,211 $11.6B
2023 3 139,416 $14.4B
2024 3 139,572 $16.7B

Nearby 401(k) Plans in Washington

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

Providence Health & Services 403(b) Value Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 020406080 Total assets ($B) Participants Providence Health & Services 403(b) Value Plan, Total assets ($B): 6.222775252 · Participants: 51684Providence Health & Services 403(b) Value 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
Providence Health & Services 403(b) Value Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Scale composition for Providence Health & Services 403(b) Value Plan

Providence Health & Services 403(b) Value Plan reports $6.2B in end-of-year assets across 51,684 participants (0.051% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.055% of 93,925,755 covered participants) - about $120,400 per participant (87% of the national average assets-per-participant) . Net income for plan year 2023 was $526M.

This plan identity (EIN 510216586, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.7B to $6.5B (+15.0%) while covered participants moved from 63,476 to 52,776 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 63,476 $5.7B Open filing
2023 51,684 $6.2B This page
2024 · index core 52,776 $6.5B Open filing

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

Providence Health & Services 403(b) Value Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Aon Savings Plan in GA ($6.2B); by covered participants it is National Veterinary Associates, Inc. 401(k) Plan in CA (51,660 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (51,684 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 Providence Health & Services 403(b) Value Plan assets move in 2023?
Providence Health & Services 403(b) Value Plan grew at a solid clip - up 9.2% during 2023, from $5.7B to $6.2B. Reported net income was $526M.
How have Providence Health & Services plan assets changed over time?
Across 3 plan years on file (2022-2024), Providence Health & Services's sponsor-wide assets grew 43.2%, from $11.6B to $16.7B.
Where does Providence Health & Services 403(b) Value Plan rank by assets among Form 5500 filers?
Providence Health & Services 403(b) Value Plan ranks in the 100th 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 401(k) plans are similar in size to Providence Health & Services 403(b) Value Plan?
Among 401(k) plans in other states, the closest by assets is Aon Savings Plan in GA ($6.2B, 13,948 participants).
Which 401(k) plans cover a similar participant headcount to Providence Health & Services 403(b) Value Plan?
Among 401(k) plans in other states, the closest by covered participants is National Veterinary Associates, Inc. 401(k) Plan in CA (51,660 participants, $652M in assets).