401(k) · DOL Form 5500 · 2023
St.Joseph Health System 401(k) Plan
Data updated 2026-08-06
- $3.9B
- Total assets
- 28,968
- Participants
- 100th
- Percentile by assets
- $134,888
- Avg per participant
Official DOL plan name: St. Joseph and Covenant Health Systems 401(k) Plan · Sponsored by St.Joseph Health System · Washington · Healthcare & Social Assistance
$3.9B in assets, 28,968 participants
St.Joseph Health System's St. Joseph and Covenant Health Systems 401(k) Plan reported $3.9B in total assets and 28,968 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.
- 100th percentile by assets (of 126,618 plans)
- #17,586 in Healthcare & Social Assistance (17,626 peers)
Coverage in Washington
St. Joseph and Covenant Health Systems 401(k) Plan covers 28,968 participants in Washington, 20x the typical Washington plan (state average ~1,466 per filing). Assets: $3.9B.
- $3.9B
- total plan assets (2023 EOY)
- 28,968
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $134,888
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- St. Joseph and Covenant Health Systems 401(k) Plan reported net income rose from -$638M in the plan year 2022 filing to $611M in the plan year 2023 filing.
- St. Joseph and Covenant Health Systems 401(k) Plan end-of-year assets rose from $3.3B in the plan year 2022 filing to $3.9B in the plan year 2023 filing.
- St. Joseph and Covenant Health Systems 401(k) Plan reported participants rose from 28,697 in the plan year 2022 filing to 28,968 in the plan year 2023 filing.
Participants vs Washington filers
In Washington, the average filing covers about 1,466 participants across 2,450 plans. St. Joseph and Covenant Health Systems 401(k) Plan reports 28,968 participants - 20x that state average ($3.9B EOY assets).
Washington filing particulars
| Total Assets (Beginning of Year) | $3.3B |
|---|---|
| Net Assets (End of Year) | $3.9B |
| Net Income | $611M |
| Employer EIN | 953589356 |
| Plan Effective Date | 2015-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (St.Joseph Health System)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 29,410 | $3.4B |
| 2023 | 2 | 29,551 | $4.0B |
| 2024 | 2 | 30,429 | $4.6B |
Nearby 401(k) Plans in Washington
Peer 401(k) plans, same state, same plan type, ranked by total assets.
St. Joseph and Covenant Health Systems 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
- The Boeing Company 401(k) Retirement Plan $72.2B · 128,910
- Microsoft Corporation Savings Plus 401(k) Plan $53.2B · 123,296
- Costco 401(k) Retirement Plan $33.4B · 192,744
- T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust $8.3B · 71,538
- 401(k) Savings Plan $8.1B · 87,590
Scale composition for St. Joseph and Covenant Health Systems 401(k) Plan
St. Joseph and Covenant Health Systems 401(k) Plan reports $3.9B in end-of-year assets across 28,968 participants (0.034% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.032% of 89,805,449 covered participants) - about $134,888 per participant (99% of the national average assets-per-participant) . Net income for plan year 2023 was $611M.
This plan identity (EIN 953589356, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $4.5B (+35.2%) while covered participants moved from 28,697 to 29,922 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 28,697 | $3.3B | Open filing |
| 2023 | 28,968 | $3.9B | This page |
| 2024 · index core | 29,922 | $4.5B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- St. Joseph and Covenant Health Systems 401(k) Plan (401(k), $4.5B, 29,922 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to St. Joseph and Covenant Health Systems 401(k) Plan by total assets, not by location.
- Iu Health 401(k) Savings Plan (IN) $3.9B · 38,575
- Federal National Mortgage Association Retirement Savings Plan for Employees (DC) $3.9B · 8,044
- Analog Devices, Inc. the Investment Partnership Plan (MA) $3.9B · 6,716
- Laboratory Corporation of America Holdings 401(k) Savings Plan (NC) $3.9B · 50,826
Frequently Asked Questions
How did St. Joseph and Covenant Health Systems 401(k) Plan assets move in 2023? ▼
How have St.Joseph Health System plan assets changed over time? ▼
Where does St. Joseph and Covenant Health Systems 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to St. Joseph and Covenant Health Systems 401(k) Plan? ▼
Next read for St. Joseph and Covenant Health Systems 4…
Filing takeaways
Ways to act on St. Joseph and Covenant Health Systems 401(k) Plan's numbers.
- By total assets, St. Joseph and Covenant Health Systems 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
- St.Joseph Health System's sponsor-wide assets have grown 34.3% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans