401(k) · DOL Form 5500 · 2024

Multicare Health System 401(k) Plan

Data updated 2026-08-11

$779M
Total assets
5,537
Participants
98th
Percentile by assets
$140,702
Avg per participant
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Official DOL plan name: Multicare Health System 401(k) Plan · Sponsored by Multicare Health System · Washington · Healthcare & Social Assistance

$779M in assets, 5,537 participants

Multicare Health System's Multicare Health System 401(k) Plan reported $779M in total assets and 5,537 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #16,599 in Healthcare & Social Assistance (16,916 peers)

Coverage in Washington

Multicare Health System 401(k) Plan covers 5,537 participants in Washington, 3.8x the typical Washington plan (state average ~1,476 per filing). Assets: $779M.

$779M
total plan assets (2024 EOY)
5,537
covered participants
98th
percentile by assets (of 123,622 plans)
$140,702
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Multicare Health System 401(k) Plan end-of-year assets rose from $354M in the plan year 2023 filing to $779M in the plan year 2024 filing.
  • Multicare Health System 401(k) Plan reported net income fell from $65M in the plan year 2023 filing to $47M in the plan year 2024 filing.
  • Multicare Health System 401(k) Plan reported participants rose from 5,211 in the plan year 2023 filing to 5,537 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Multicare Health System 401(k) Plan reports 5,537 participants - 3.8x that state average ($779M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$354M
Net Assets (End of Year)$779M
Net Income$47M
Employer EIN911352172
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Multicare Health System)

$1.5B$2B$2.5B$3B$3.5B 202220232024 $2.07B $3.06B ▲ +47.8%
Total plan assets by year, all Multicare Health System plans on file
Year Plans Participants Total Assets
2022 4 31,851 $2.1B
2023 4 32,961 $2.4B
2024 4 34,209 $3.1B

Nearby 401(k) Plans in Washington

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Multicare Health System 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Multicare Health System 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Multicare Health Sys…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) Plan401(k) Savings Plan
Multicare Health System 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Scale composition for Multicare Health System 401(k) Plan

Multicare Health System 401(k) Plan reports $779M in end-of-year assets across 5,537 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $140,702 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2024 was $47M.

This plan identity (EIN 911352172, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $289M to $779M (+169.5%) while covered participants moved from 5,001 to 5,537 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,001 $289M Open filing
2023 5,211 $354M Open filing
2024 · index core 5,537 $779M This page

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Multicare Health System 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Multicare Health System 401(k) Plan assets move in 2024?
Multicare Health System 401(k) Plan surged - up 120.3% during 2024, from $354M to $779M. Reported net income was $47M.
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 Multicare Health System 401(k) Plan rank by assets among Form 5500 filers?
Multicare Health System 401(k) Plan ranks in the 98th 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 401(k) plans are similar in size to Multicare Health System 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Corelogic, Inc. 401(k) Savings Plan in CA ($779M, 3,765 participants).

Filing takeaways

Ways to act on Multicare Health System 401(k) Plan's numbers.