Scionhealth 401(k) Plan

401(k) · DOL Form 5500 · 2023

What the Filing Says About Scionhealth 401(k) Plan

Scionhealth 401(k) Plan is a 401(k) retirement plan sponsored by Knight Health Holdings LLC D/B/a Scionhealth, headquartered in Kentucky. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $1.2B in total end-of-year assets and covers 33,226 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 871658585, and the plan has been effective since 1986-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew sharply from $969M at the beginning of 2023 to $1.2B at year-end - up 26.0%. Net assets (after liabilities) closed the year at $1.2B, with reported net income of $142M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Across the 2 plan years Knight Health Holdings LLC D/B/a Scionhealth has on file with PlainRetire (2023-2024), sponsor-wide plan assets have moved from $1.2B to $1.3B, a gain of 7.8%, while reported participants moved from 33,226 to 23,753 (-28.5%). Year-by-year, sponsor-wide filings show: 2023 - $1.2B in assets across 1 plan covering 33,226 participants; 2024 - $1.3B in assets across 1 plan covering 23,753 participants.

By assets, Scionhealth 401(k) Plan outranks 99% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 12x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Scionhealth 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.