Other · DOL Form 5500 · 2024
Multicare Health System Retirement Plan
Data updated 2026-08-25
- $1.2B
- Total assets Very large vs avg
- 16,022
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $72,688
- Avg per participant Below avg balance/head
Official DOL plan name: Multicare Health System 403(b) Employee Savings Plan · Sponsored by Multicare Health System · Washington · Healthcare & Social Assistance
$1.2B in assets, 16,022 participants
Multicare Health System's Multicare Health System 403(b) Employee Savings Plan reported $1.2B in total assets and 16,022 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- #16,714 in Healthcare & Social Assistance (16,916 peers)
Coverage in Washington
Multicare Health System 403(b) Employee Savings Plan covers 16,022 participants in Washington, 11x the typical Washington plan (state average ~1,476 per filing). Assets: $1.2B.
- #16,714
- in Healthcare & Social Assistance (16,916 peers)
- +17.2%
- assets growth YoY
- 12×
- vs typical plan assets (national mean)
Multicare Health System 403(b) Employee Savings Plan's outsized position by total assets
Multicare Health System 403(b) Employee Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,164,607,998 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Multicare Health System 403(b) Employee Savings Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Multicare Health System 403(b) Employee Savings Plan is a mega filing (16,022 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Multicare Health System 403(b) Employee Savings Plan end-of-year assets rose from $994M in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
- Multicare Health System 403(b) Employee Savings Plan reported net income fell from $175M in the plan year 2023 filing to $154M in the plan year 2024 filing.
- Multicare Health System 403(b) Employee Savings Plan reported participants rose from 15,445 in the plan year 2023 filing to 16,022 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 911352172 · Multicare Health System PY 2024 · Other
Multicare Health System 403(b) Employee Savings Plan · $1.2B · 16,022 · 99th
- VS-ST $1.2B
- BOY 16,022
- SCH 99th
- EBSA Other
- PART near Honor Health 403(b) Retirement Security Plan
- TYPE ind #16714
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 →
Multicare Health System 403(b) Employee Savings Plan in the asset neighbourhood
Washington filing particulars
| Total Assets (Beginning of Year) | $994M |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | $154M |
| Employer EIN | 911352172 |
| Plan Effective Date | 2002-04-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 31,851 | $2.1B |
| 2023 | 4 | 32,961 | $2.4B |
| 2024 | 4 | 34,209 | $3.1B |
Nearby Other Plans in Washington
Peer Other plans, same state, same plan type, ranked by total assets.
- Fred Hutchinson Cancer Center Retirement Savings Plan $1.5B · 6,067
- Overlake Hospital Medical Center 403(b)Retirement Plan $654M · 3,637
- Ironworkers District Council of the Pacific Nw Field Ironworkers Annuity Trust Fund $594M · 7,427
- Gonzaga University 403(b) Retirement Plan $522M · 2,294
- Seattle University Employees Retirement Plan $479M · 1,965
Scale composition for Multicare Health System 403(b) Employee Savings Plan
Multicare Health System 403(b) Employee Savings Plan reports $1.2B in end-of-year assets across 16,022 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $72,688 per participant (53% of the national average assets-per-participant) . Net income for plan year 2024 was $154M.
This plan identity (EIN 911352172, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $819M to $1.2B (+42.3%) while covered participants moved from 14,779 to 16,022 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 14,779 | $819M | Open filing |
| 2023 | 15,445 | $994M | Open filing |
| 2024 · index core | 16,022 | $1.2B | This page |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Multicare Health System 401(k) Plan (401(k), $779M, 5,537 participants)
- Multicare Health System Retirement Account Plan (Profit Sharing, $562M, 11,865 participants)
- Retirement Plan for Employees of Multicare Health System (Defined Benefit (Pension), $557M, 785 participants)
Multicare Health System 403(b) Employee Savings Plan's out-of-state Other peers by assets and headcount
Outside Washington, the nearest Other by assets is Honor Health 403(b) Retirement Security Plan in AZ ($1.2B); by covered participants it is Parkview Health System, Inc. 403(b) Plan in IN (16,191 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.2B here).
- Honor Health 403(b) Retirement Security Plan (AZ) $1.2B · 14,781
- Baptist Health Thrift Plan (KY) $1.2B · N/A
- Northern Light Health Retirement Partnership 403(b) Plan (ME) $1.2B · 10,712
- Bronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan (MI) $1.2B · 8,795
Similar participant headcount
Nearest other-state filings by covered participants (16,022 participants); asset peers above are excluded.
- Parkview Health System, Inc. 403(b) Plan (IN) 16,191 · 169 off
- Froedtert Health, Inc. 403(b) Plan (WI) 15,736 · 286 off
- Fca US LLC Salaried Employees' Savings Plan (MI) 15,683 · 339 off
- Montefiore Medical Center 403(b) Plan (NY) 16,441 · 419 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.