Defined Benefit (Pension) · DOL Form 5500 · 2024

Multicare Health System Pension Plan

Data updated 2026-08-25

$557M
Total assets Above avg plan size
785
Participants Near avg headcount
97th
Percentile by assets National rank
$710,145
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

$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.

  • #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.

#16,489
in Healthcare & Social Assistance (16,916 peers)
-0.4%
assets change YoY
5.6×
vs typical plan assets (national mean)

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.

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 2024 · DOL Form 5500

$557,464,054 Top 3% higher than 97% of 123,620 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 2024

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

Plan-year 2024 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 (785 participants).

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.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 911352172 · Multicare Health System PY 2024 · Defined Benefit (Pension)

Retirement Plan for Employees of Multicare Health System · $557M · 785 · 97th

  • ASSETS $557M
  • PCT 785
  • EIN 97th
  • RANK Defined Benefit (Pension)
  • PHOTO near San Diego Electrical Pension Plan
  • IND ind #16489

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

I.U.O.E. Local 132 Pension FundI.U.O.E. Local 132 Pension F…$559MPension Plan for International Officers, Representatives and Assistants of the Intl Brotherhood of Electrical WorkersPension Plan for Internation…$559MSan Diego Electrical Pension PlanSan Diego Electrical Pension…$558MRetirement Plan for Employees of Multicare Health SystemRetirement Plan for Employee…$557MEmployees' Retirement Plan of Indianapolis Power & Light CompanyEmployees' Retirement Plan o…$556M
End-of-year total assets ($M) among Retirement Plan for Employees of Multicare Health System and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$560M
Net Assets (End of Year)$483M
Net Income-$22M
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 -200204060 Total assets ($B) Participants Retirement Plan for Employees of Multicare Health System, Total assets ($B): 0.557464054 · Participants: 785Retirement Plan for Employees of Multicare Health SystemWestern Conference of Teamsters Pension Plan, Total assets ($B): 56.4105157 · Participants: 231156Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 23.342502332 · Participants: 29538The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 15.379508818 · Participants: 31398The Boeing Company Employee Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 3.327244882 · Participants: 8695Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement PlanPaccar Inc Retirement Plan, Total assets ($B): 2.704439451 · Participants: 10345Paccar Inc 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 San Diego Electrical Pension Plan in CA ($558M); by covered participants it is Mtd Products Inc Pension Plan in OH (786 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (785 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Retirement Plan for Employees of Multicare Health System held essentially flat - down 0.4% during 2024, from $560M to $557M. Reported net income was -$22M.
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 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 San Diego Electrical Pension Plan in CA ($558M, 4,314 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 Mtd Products Inc Pension Plan in OH (786 participants, $101M in assets).