Plan5500

401(K) Savings Plan — Form 5500 plan (Providence Health & Services)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, 401(K) Savings Plan is a benefit plan reported by Providence Health & Services under EIN 51-0216586 and plan number 010. The latest loaded filing year is 2023. The filing reports 110,340 participants and $8,118,808,679 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.1BPlan net assets, end of year$8,118,808,679
Participants110.3KCovered participants reported110,340
Assets / participant$73.6KComputed: assets ÷ participants$73,580 (computed)
Provider compensation$5.7M5 Schedule C provider row(s)$5,692,035
Plan sponsor
Providence Health & Services
EIN
51-0216586
Plan number
010
Plan type
2
Location
Renton, WA
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    110,340 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8.1B total assets
Net assets$8.1BLiabilities$0
Money in vs. money out
Total income / additions$2.5B
Total expenses$567.2M
Benefits paid / distributions$558.6M
Contributions
Employer$486.2M
Participant$774.8M
Full reported line items

Net assets

Total assets (EOY)
$8,118,808,679
Total liabilities (EOY)
$0
Net assets (EOY)
$8,118,808,679
Net assets (BOY)
$5,898,472,961

Income & contributions

Employer contributions
$486,199,597
Participant contributions
$774,841,234
Total contributions
$1,338,365,553
Total income / additions
$2,504,906,789

Expenses & distributions

Benefits paid
$558,615,266
Administrative expenses
$5,692,035
Total expenses
$567,230,959
Net increase / (decrease)
$1,937,675,830
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 39%Participant 61%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income22%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Fidelity Investments Institutional$3.7M
    RECORDKEEPER · Direct $3.7M
  2. 2
    Strategic Advisors, Inc.$909.2K
    ADVISOR · Direct $909.2K
  3. 3
    Milliman$681.3K
    CONSULTANT · Direct $681.3K
  4. 4
    Seven Simple Machines$378.7K
    CONSULTANT · Direct $378.7K
  5. 5
    Clark Nuber, P.S.$47K
    ACCOUNTANT/AUDITOR · Direct $47K

What to inspect next

Frequently asked questions

Who sponsors the 401(K) Savings Plan?
401(K) Savings Plan is reported as sponsored by Providence Health & Services (EIN 51-0216586, plan number 010) in public Form 5500 filings.
What is the most recent Form 5500 filing year for 401(K) Savings Plan?
The latest Form 5500 filing year loaded for 401(K) Savings Plan is 2023.
How many participants does 401(K) Savings Plan report?
401(K) Savings Plan reports 110,340 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for 401(K) Savings Plan?
401(K) Savings Plan reports $8,118,808,679 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages