Profit Sharing · DOL Form 5500 · 2024
Multicare Health System Profit Sharing Plan
Data updated 2026-08-25
- $562M
- Total assets Above avg plan size
- 11,865
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $47,331
- Avg per participant Low balance/head
Official DOL plan name: Multicare Health System Retirement Account Plan · Sponsored by Multicare Health System · Washington · Healthcare & Social Assistance
$562M in assets, 11,865 participants
Multicare Health System's Multicare Health System Retirement Account Plan reported $562M in total assets and 11,865 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.
- #16,490 in Healthcare & Social Assistance (16,916 peers)
Coverage in Washington
Multicare Health System Retirement Account Plan covers 11,865 participants in Washington, 8.0x the typical Washington plan (state average ~1,476 per filing). Assets: $562M.
- #16,490
- in Healthcare & Social Assistance (16,916 peers)
- +17.4%
- assets growth YoY
- 5.6×
- vs typical plan assets (national mean)
Multicare Health System Retirement Account Plan's outsized position by total assets
Multicare Health System Retirement Account Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$561,583,701 Top 3% higher than 97% 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 Retirement Account 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 Retirement Account Plan is a mega filing (11,865 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Multicare Health System Retirement Account Plan end-of-year assets rose from $478M in the plan year 2023 filing to $562M in the plan year 2024 filing.
- Multicare Health System Retirement Account Plan reported net income fell from $93M in the plan year 2023 filing to $83M in the plan year 2024 filing.
- Multicare Health System Retirement Account Plan reported participants rose from 11,441 in the plan year 2023 filing to 11,865 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 911352172 · Multicare Health System PY 2024 · Profit Sharing
Multicare Health System Retirement Account Plan · $562M · 11,865 · 97th
- EIN $562M
- EIN 11,865
- EIN 97th
- EIN Profit Sharing
- EIN near International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware
- EIN ind #16490
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 Retirement Account Plan in the asset neighbourhood
Washington filing particulars
| Total Assets (Beginning of Year) | $478M |
|---|---|
| Net Assets (End of Year) | $562M |
| Net Income | $83M |
| Employer EIN | 911352172 |
| Plan Effective Date | 2003-01-01 |
| 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 Profit Sharing Plans in Washington
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Bill & Melinda Gates Foundation Sharing Retirement Plan $680M · 1,926
- Itron, Inc. Incentive Savings Plan $651M · 2,593
- SEIU 775 Secure Retirement Plan $498M · 72,804
- Western Washington Painters Defined Contribution Pension Plan $263M · 1,633
- Peacehealth Southwest Medical Center Employer Contribution Plan $240M · 3,472
Scale composition for Multicare Health System Retirement Account Plan
Multicare Health System Retirement Account Plan reports $562M in end-of-year assets across 11,865 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $47,331 per participant (34% of the national average assets-per-participant) . Net income for plan year 2024 was $83M.
This plan identity (EIN 911352172, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $385M to $562M (+45.8%) while covered participants moved from 11,050 to 11,865 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,050 | $385M | Open filing |
| 2023 | 11,441 | $478M | Open filing |
| 2024 · index core | 11,865 | $562M | This page |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Multicare Health System 403(b) Employee Savings Plan (Other, $1.2B, 16,022 participants)
- Multicare Health System 401(k) Plan (401(k), $779M, 5,537 participants)
- Retirement Plan for Employees of Multicare Health System (Defined Benefit (Pension), $557M, 785 participants)
Multicare Health System Retirement Account Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Washington, the nearest Profit Sharing by assets is International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware in PA ($562M); by covered participants it is Presbyterian Healthcare Services 401(a) Plan in NM (11,854 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($562M here).
- International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware (PA) $562M · 9,614
- Abbvie Puerto Rico Savings Plan (PR) $560M · 1,349
- Care New England 403(b) Match & Savings Plan (RI) $570M · 7,381
- I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B (NV) $545M · 4,775
Similar participant headcount
Nearest other-state filings by covered participants (11,865 participants); asset peers above are excluded.
- Presbyterian Healthcare Services 401(a) Plan (NM) 11,854 · 11 off
- Mason Tenders District Council Annuity Fund (NY) 11,824 · 41 off
- Legacy Health Defined Contribution Retirement Plan (OR) 12,025 · 160 off
- Operating Engineers Local #49 Defined Contribution Plan (MN) 11,456 · 409 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.