# Multicare Health System 401(k) Plan
Source: https://planprovider.pro/companies/multicare-health-system-401k-plan

> Multicare Health System&#39;s 401(k) plan: 9,028 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Multicare Health System

- **Sponsor EIN:** 911352172

- **Sponsor Address:** PO BOX 5299 MAILSTOP 1313-5-HP, TACOMA, WA, 98415

- **Plan Type:** 401(k)

- **Total Participants:** 9,028

- **Total Assets:** $779.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|9,028|$779.1M|$12.7M|$36.8M|

| 2023|5,478|$353.6M|$9.9M|$29.3M|

| 2022|5,173|$289.1M|$8.8M|$27.0M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| EMPOWER ANNUITY INSURANCE COMPANY|NONE|$623,969|—|$623,969|

| NORTHERN CAPITAL MANAGEMENT|NONE|$11,779|—|$11,779|

| BAKER TILLY US, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BAKER TILLY US, LLP](https://planprovider.pro/provider/baker-tilly-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $635,748

- **Estimated Expense Ratio:** 0.082% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$625,170|—|—|—|—|

| 2023|$485,354|—|—|—|—|

| 2022|$445,483|$14,339|—|—|$600|

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