Defined Benefit (Pension) · DOL Form 5500 · 2024
Multicare Health System Pension Plan
Data updated 2026-08-11
- $557M
- Total assets
- 785
- Participants
- 97th
- Percentile by assets
- $710,145
- Avg per participant
Official DOL plan name: Retirement Plan for Employees of Multicare Health System · Sponsored by Multicare Health System · Washington · Healthcare & Social Assistance
$557M in assets, 785 participants
Multicare Health System's Retirement Plan for Employees of Multicare Health System reported $557M in total assets and 785 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 123,622 plans)
- #16,489 in Healthcare & Social Assistance (16,916 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, $557M for 785 participants (~$710,145/participant), down 0.4% in 2024.
- $557M
- total plan assets (2024 EOY)
- 785
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $710,145
- avg assets per participant
The plan reported a net loss of $22M 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 2023 → plan year 2024
- Retirement Plan for Employees of Multicare Health System reported net income fell from $14M in the plan year 2023 filing to -$22M in the plan year 2024 filing.
- Retirement Plan for Employees of Multicare Health System reported participants fell from 864 in the plan year 2023 filing to 785 in the plan year 2024 filing.
- Retirement Plan for Employees of Multicare Health System end-of-year assets fell from $560M in the plan year 2023 filing to $557M in the plan year 2024 filing.
Retirement Plan for Employees of Multicare Health System vs the 2024 asset distribution
By assets, Retirement Plan for Employees of Multicare Health System outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 5.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $560M |
|---|---|
| Net Assets (End of Year) | $483M |
| Net Income | -$22M |
| Employer EIN | 911352172 |
| Plan Effective Date | 1967-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Multicare Health System)
| 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
- Western Conference of Teamsters Pension Plan $56.4B · 231,156
- The Pension Value Plan for Employees of the Boeing Company $23.3B · 29,538
- The Boeing Company Employee Retirement Plan $15.4B · 31,398
- Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan $3.3B · 8,695
- Paccar Inc Retirement Plan $2.7B · 10,345
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Plan for Employees of Multicare Health System by total assets, not by location.
- San Diego Electrical Pension Plan (CA) $558M · 4,314
- Pension Plan for International Officers, Representatives and Assistants of the Intl Brotherhood of Electrical Workers (DC) $559M · 240
- Employees' Retirement Plan of Indianapolis Power & Light Company (IN) $556M · 707
- I.U.O.E. Local 132 Pension Fund (WV) $559M · 1,858
Frequently Asked Questions
How did Retirement Plan for Employees of Multicare Health System assets move in 2024? ▼
How have Multicare Health System plan assets changed over time? ▼
Where does Retirement Plan for Employees of Multicare Health System rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for Employees of Multicare Health System? ▼
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Ways to act on Retirement Plan for Employees of Multicare Health System's numbers.
- By total assets, Retirement Plan for Employees of Multicare Health System ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Washington. Compare plans
- Multicare Health System's sponsor-wide assets have grown 48.0% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans