401(k) · DOL Form 5500 · 2024

Providence Health & Services 401(k) Plan

Data updated 2026-08-25

$6.5B
Total assets Very large vs avg
52,776
Participants Very large workforce
100th
Percentile by assets National rank
$124,094
Avg per participant Near avg balance/head
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Official DOL plan name: Providence Health & Services 403(b) Value Plan · Sponsored by Providence Health & Services · Washington · Healthcare & Social Assistance

$6.5B in assets, 52,776 participants

Providence Health & Services's Providence Health & Services 403(b) Value Plan reported $6.5B in total assets and 52,776 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.

  • #16,892 in Healthcare & Social Assistance (16,916 peers)

Coverage in Washington

Providence Health & Services 403(b) Value Plan covers 52,776 participants in Washington, 36x the typical Washington plan (state average ~1,476 per filing). Assets: $6.5B.

#16,892
in Healthcare & Social Assistance (16,916 peers)
+5.2%
assets growth YoY
66×
vs typical plan assets (national mean)

Providence Health & Services 403(b) Value Plan's outsized position by total assets

Providence Health & Services 403(b) Value Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$6,549,168,562 Highest reported value at or above every one 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

Providence Health & Services 403(b) Value 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. Providence Health & Services 403(b) Value Plan is a mega filing (52,776 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Providence Health & Services 403(b) Value Plan reported net income fell from $526M in the plan year 2023 filing to $326M in the plan year 2024 filing.
  • Providence Health & Services 403(b) Value Plan end-of-year assets rose from $6.2B in the plan year 2023 filing to $6.5B in the plan year 2024 filing.
  • Providence Health & Services 403(b) Value Plan reported participants rose from 51,684 in the plan year 2023 filing to 52,776 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 510216586 · Providence Health & Services PY 2024 · 401(k)

Providence Health & Services 403(b) Value Plan · $6.5B · 52,776 · 100th

  • BOY $6.5B
  • BOY 52,776
  • BOY 100th
  • BOY 401(k)
  • BOY near The 401(k) Plan for Permanente Medical Groups
  • BOY ind #16892

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 →

Providence Health & Services 403(b) Value Plan in the asset neighbourhood

Providence Health & Services 403(b) Value PlanProvidence Health & Services…$6.5BThe 401(k) Plan for Permanente Medical GroupsThe 401(k) Plan for Permanen…$6.5BState Street Salary Savings ProgramState Street Salary Savings …$6.5BEnterprise Holdings Retirement Savings PlanEnterprise Holdings Retireme…$6.5BMotorola Solutions 401(k) PlanMotorola Solutions 401(k) Pl…$6.5B
End-of-year total assets ($B) among Providence Health & Services 403(b) Value Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$6.2B
Net Assets (End of Year)$6.5B
Net Income$326M
Employer EIN510216586
Plan Effective Date1968-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Providence Health & Services)

Sponsor-wide plan assets over time

All Providence Health & Services plans reported in each filing year

Latest sponsor-wide plan assets
$16.7B 43.19641282802845% vs 2022
2024 filing year
$10B$12B$14B$16B$18B 202220232024 $11.6B $16.7B ▲ +43.2%
Year Plans Participants Total Assets
2022 3 159,211 $11.6B
2023 3 139,416 $14.4B
2024 3 139,572 $16.7B

Nearby 401(k) Plans in Washington

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

Providence Health & Services 403(b) Value Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 020406080 Total assets ($B) Participants Providence Health & Services 403(b) Value Plan, Total assets ($B): 6.549168562 · Participants: 52776Providence Health & Services 403(b) Value PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 73.910477714 · Participants: 139394The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 65.646011638 · Participants: 118818Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 41.017392708 · Participants: 202468Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 34.593744657 · Participants: 1209303Amazon 401(k) Plan401(k) Savings Plan, Total assets ($B): 10.074085187 · Participants: 86668401(k) Savings Plan
Providence Health & Services 403(b) Value Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Scale composition for Providence Health & Services 403(b) Value Plan

Providence Health & Services 403(b) Value Plan reports $6.5B in end-of-year assets across 52,776 participants (0.053% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.056% of 93,925,755 covered participants) - about $124,094 per participant (90% of the national average assets-per-participant) . Net income for plan year 2024 was $326M.

This plan identity (EIN 510216586, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.7B to $6.5B (+15.0%) while covered participants moved from 63,476 to 52,776 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 63,476 $5.7B Open filing
2023 51,684 $6.2B Open filing
2024 · index core 52,776 $6.5B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Providence Health & Services 403(b) Value Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is The 401(k) Plan for Permanente Medical Groups in CA ($6.5B); by covered participants it is Truist Financial Corporation 401(k) Savings Plan in NC (52,699 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (52,776 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 Providence Health & Services 403(b) Value Plan assets move in 2024?
Providence Health & Services 403(b) Value Plan grew at a solid clip - up 5.2% during 2024, from $6.2B to $6.5B. Reported net income was $326M.
How have Providence Health & Services plan assets changed over time?
Across 3 plan years on file (2022-2024), Providence Health & Services's sponsor-wide assets grew 43.2%, from $11.6B to $16.7B.
Where does Providence Health & Services 403(b) Value Plan rank by assets among Form 5500 filers?
Providence Health & Services 403(b) Value Plan ranks in the 100th percentile by end-of-year assets among 123,622 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 Providence Health & Services 403(b) Value Plan?
Among 401(k) plans in other states, the closest by assets is The 401(k) Plan for Permanente Medical Groups in CA ($6.5B, 18,392 participants).
Which 401(k) plans cover a similar participant headcount to Providence Health & Services 403(b) Value Plan?
Among 401(k) plans in other states, the closest by covered participants is Truist Financial Corporation 401(k) Savings Plan in NC (52,699 participants, $9.2B in assets).