401(k) · DOL Form 5500 · 2024

St.Joseph Health System 401(k) Plan

Data updated 2026-08-06

$4.5B
Total assets
29,922
Participants
100th
Percentile by assets
$149,310
Avg per participant
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Official DOL plan name: St. Joseph and Covenant Health Systems 401(k) Plan · Sponsored by St.Joseph Health System · Washington · Healthcare & Social Assistance

$4.5B in assets, 29,922 participants

St.Joseph Health System's St. Joseph and Covenant Health Systems 401(k) Plan reported $4.5B in total assets and 29,922 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 116,472 plans)
  • #15,574 in Healthcare & Social Assistance (15,613 peers)

Coverage in Washington

St. Joseph and Covenant Health Systems 401(k) Plan covers 29,922 participants in Washington, 20x the typical Washington plan (state average ~1,466 per filing). Assets: $4.5B.

$4.5B
total plan assets (2024 EOY)
29,922
covered participants
100th
percentile by assets (of 116,472 plans)
$149,310
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • St. Joseph and Covenant Health Systems 401(k) Plan end-of-year assets rose from $3.9B in the plan year 2023 filing to $4.5B in the plan year 2024 filing.
  • St. Joseph and Covenant Health Systems 401(k) Plan reported net income fell from $611M in the plan year 2023 filing to $560M in the plan year 2024 filing.
  • St. Joseph and Covenant Health Systems 401(k) Plan reported participants rose from 28,968 in the plan year 2023 filing to 29,922 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Washington
Industry
Healthcare & Social Assistance

Participants vs Washington filers

In Washington, the average filing covers about 1,466 participants across 2,450 plans. St. Joseph and Covenant Health Systems 401(k) Plan reports 29,922 participants - 20x that state average ($4.5B EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$3.9B
Net Assets (End of Year)$4.5B
Net Income$560M
Employer EIN953589356
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (St.Joseph Health System)

$3B$3.5B$4B$4.5B$5B 202220232024 $3.39B $4.56B ▲ +34.5%
Total plan assets by year, all St.Joseph Health System plans on file
Year Plans Participants Total Assets
2022 2 29,410 $3.4B
2023 2 29,551 $4.0B
2024 2 30,429 $4.6B

Nearby 401(k) Plans in Washington

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

St. Joseph and Covenant Health Systems 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

St. Joseph and Covenant Health Systems 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 020406080 Total assets ($B) Participants St. Joseph and Coven…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) Plan401(k) Savings Plan
St. Joseph and Covenant Health Systems 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare St. Joseph and Covenant Health Systems 4… side-by-side with 3 peers →

Scale composition for St. Joseph and Covenant Health Systems 401(k) Plan

St. Joseph and Covenant Health Systems 401(k) Plan reports $4.5B in end-of-year assets across 29,922 participants (0.038% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.033% of 89,805,449 covered participants) - about $149,310 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2024 was $560M.

This plan identity (EIN 953589356, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $4.5B (+35.2%) while covered participants moved from 28,697 to 29,922 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 28,697 $3.3B Open filing
2023 28,968 $3.9B Open filing
2024 · index core 29,922 $4.5B This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to St. Joseph and Covenant Health Systems 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did St. Joseph and Covenant Health Systems 401(k) Plan assets move in 2024? ▼
St. Joseph and Covenant Health Systems 401(k) Plan grew at a solid clip - up 14.3% during 2024, from $3.9B to $4.5B. Reported net income was $560M.
How have St.Joseph Health System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), St.Joseph Health System's sponsor-wide assets grew 34.3%, from $3.4B to $4.6B.
Where does St. Joseph and Covenant Health Systems 401(k) Plan rank by assets among Form 5500 filers? ▼
St. Joseph and Covenant Health Systems 401(k) Plan ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to St. Joseph and Covenant Health Systems 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Willis Towers Watson Savings Plan for U.S. Employees in VA ($4.5B, 16,510 participants).

Next read for St. Joseph and Covenant Health Systems 4…

Filing takeaways

Ways to act on St. Joseph and Covenant Health Systems 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 953589356.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.