Other · DOL Form 5500 · 2022

Sparrow Health System Retirement Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
281
Participants Below avg headcount
71st
Percentile by assets National rank
$48,046
Avg per participant Low balance/head
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Official DOL plan name: Sparrow Health System Associate Retirement Plan for 403(b) Transfers · Sponsored by Sparrow Health System · Michigan · Healthcare & Social Assistance

$14M in assets, 281 participants

Sparrow Health System's Sparrow Health System Associate Retirement Plan for 403(b) Transfers reported $14M in total assets and 281 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #15,131 in Healthcare & Social Assistance (20,060 peers)

Coverage in Michigan

Sparrow Health System Associate Retirement Plan for 403(b) Transfers covers 281 participants in Michigan, about 44% of the average Michigan filer (state average ~638 per filing). Assets: $14M.

#15,131
in Healthcare & Social Assistance (20,060 peers)
-20.3%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sparrow Health System Associate Retirement Plan for 403(b) Transfers's outsized position by total assets

Sparrow Health System Associate Retirement Plan for 403(b) Transfers vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$13,500,872 Top 29% higher than 71% of 139,123 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 2022

Sparrow Health System Associate Retirement Plan for 403(b) Transfers among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sparrow Health System Associate Retirement Plan for 403(b) Transfers sits mid-pack in the medium band (281 participants).

DOL schedule card

Filing strip 382542859 · Sparrow Health System PY 2022 · Other

Sparrow Health System Associate Retirement Plan for 403(b) Transfers · $14M · 281 · 71st

  • 5500 $14M
  • 5500 281
  • 5500 71st
  • 5500 Other
  • 5500 near Cook Area Health Services, Inc. Tax Sheltered Annuity Plan
  • 5500 ind #15131

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 Michigan →

Sparrow Health System Associate Retirement Plan for 403(b) Transfers in the asset neighbourhood

Sparrow Health System Associate Retirement Plan for 403(b) TransfersSparrow Health System Associ…$14MCook Area Health Services, Inc. Tax Sheltered Annuity PlanCook Area Health Services, I…$13MBay Area Environmental Research Institute DC PlanBay Area Environmental Resea…$14M403(b) Thrift Plan for Employees of West Bergen Mental Healthcare403(b) Thrift Plan for Emplo…$13MPace Center for Girls, Inc. Retirement PlanPace Center for Girls, Inc. …$13M
End-of-year total assets ($M) among Sparrow Health System Associate Retirement Plan for 403(b) Transfers and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$14M
Net Income-$3M
Employer EIN382542859
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sparrow Health System)

Sponsor-wide plan assets over time

All Sparrow Health System plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 41.83688551922688% vs 2022
2024 filing year
$1B$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.25B $1.77B ▲ +41.6%
Year Plans Participants Total Assets
2022 4 9,490 $1.3B
2023 4 5,787 $1.4B
2024 4 6,294 $1.8B

Nearby Other Plans in Michigan

Peer Other plans, same state, same plan type, ranked by total assets.

Sparrow Health System Associate Retirement Plan for 403(b) Transfers vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Sparrow Health System Associate Retirement Plan for 403(b) Transfers, Total assets ($B): 0.013500872 · Participants: 281Sparrow Health System Associate Retirement Plan for 403(b) TransfersFca US LLC Salaried Employees' Savings Plan, Total assets ($B): 4.271049081 · Participants: 17796Fca US LLC Salaried Employees' Savings PlanFca US LLC UAW Savings Plan, Total assets ($B): 4.120620788 · Participants: 52211Fca US LLC UAW Savings PlanSpectrum Health System 403(b) Plan, Total assets ($B): 2.34463562 · Participants: 26631Spectrum Health System 403(b) PlanBeaumont Health 403(b) Retirement Savings Plan, Total assets ($B): 2.23567862 · Participants: 33585Beaumont Health 403(b) Retirement Savings PlanMclaren Employees' 403(b) Retirement Plan, Total assets ($B): 1.449747534 · Participants: 21255Mclaren Employees' 403(b) Retirement Plan
Sparrow Health System Associate Retirement Plan for 403(b) Transfers vs. nearby Other plans in Michigan, assets vs. participants

Sparrow Health System Associate Retirement Plan for 403(b) Transfers's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is Cook Area Health Services, Inc. Tax Sheltered Annuity Plan in MN ($13M); by covered participants it is South Peninsula Hospital 403(b) Plan for Union Employees in AK (281 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sparrow Health System Associate Retirement Plan for 403(b) Transfers assets move in 2022?
Sparrow Health System Associate Retirement Plan for 403(b) Transfers declined sharply - down 20.3% during 2022, from $17M to $14M. Reported net income was -$3M.
How have Sparrow Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Sparrow Health System's sponsor-wide assets grew 41.8%, from $1.3B to $1.8B.
Which Other plans are similar in size to Sparrow Health System Associate Retirement Plan for 403(b) Transfers?
Among Other plans in other states, the closest by assets is Cook Area Health Services, Inc. Tax Sheltered Annuity Plan in MN ($13M, 154 participants).
Which Other plans cover a similar participant headcount to Sparrow Health System Associate Retirement Plan for 403(b) Transfers?
Among Other plans in other states, the closest by covered participants is South Peninsula Hospital 403(b) Plan for Union Employees in AK (281 participants, $5M in assets).