Defined Benefit (Pension) · DOL Form 5500 · 2022
Sparrow Health System Pension Plan
Data updated 2026-08-06
- $372M
- Total assets
- 1,205
- Participants
- 97th
- Percentile by assets
- $308,456
- Avg per participant
Official DOL plan name: Sparrow Health System Associate Pension Plan · Sponsored by Sparrow Health System · Michigan · Healthcare & Social Assistance
$372M in assets, 1,205 participants
Sparrow Health System's Sparrow Health System Associate Pension Plan reported $372M in total assets and 1,205 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,258 plans)
- #19,603 in Healthcare & Social Assistance (20,087 peers)
Where Sparrow Health System Associate Pension Plan sits by assets
Sparrow Health System Associate Pension Plan sits in the top 5% of all filed plans by assets, $372M for 1,205 participants (~$308,456/participant), down 17.9% in 2022.
- $372M
- total plan assets (2022 EOY)
- 1,205
- covered participants
- 97th
- percentile by assets (of 139,258 plans)
- $308,456
- avg assets per participant
The plan reported a net loss of $81M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sparrow Health System Associate Pension Plan vs the 2022 asset distribution
By assets, Sparrow Health System Associate Pension Plan outranks 97% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.7x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $452M |
|---|---|
| Net Assets (End of Year) | $372M |
| Net Income | -$81M |
| Employer EIN | 382542859 |
| Plan Effective Date | 1976-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sparrow Health System)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 9,490 | $1.3B |
| 2023 | 4 | 5,787 | $1.4B |
| 2024 | 4 | 6,294 | $1.8B |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Sparrow Health System Associate Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $40.2B · 18,766
- Ford Motor Company UAW Retirement Plan $19.3B · 27,567
- Ford Motor Company General Retirement Plan $13.4B · 11,760
- Dow Employees' Pension Plan $13.0B · 13,759
- Fca US LLC UAW Pension Agreement $8.6B · 14,563
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Sparrow Health System Associate Pension Plan by total assets, not by location.
- Ikon Office Solutions, Inc. Pension Plan (PA) $372M · 3,167
- The Hanover Insurance Group Cash Balance Pension Plan (MA) $372M · 732
- Columbia Energy Group Pension Plan (IN) $372M · 1,325
- Syngenta Corporation Pension Plan (DE) $371M · 1,123
Frequently Asked Questions
How did Sparrow Health System Associate Pension Plan assets move in 2022? ▼
How have Sparrow Health System plan assets changed over time? ▼
Where does Sparrow Health System Associate Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Sparrow Health System Associate Pension Plan? ▼
Next read for Sparrow Health System Associate Pension …
Scale reading
Ways to act on Sparrow Health System Associate Pension Plan's numbers.
- By total assets, Sparrow Health System Associate Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
- Sparrow Health System's sponsor-wide assets have grown 41.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans