Other · DOL Form 5500 · 2022
Banner Health Retirement Plan
Data updated 2026-08-25
- $146M
- Total assets Near avg plan size
- 10,133
- Participants Very large workforce
- 94th
- Percentile by assets National rank
- $14,405
- Avg per participant Low balance/head
Official DOL plan name: Banner Health Employees 403(b) Plan · Sponsored by Banner Health · Arizona · Healthcare & Social Assistance
$146M in assets, 10,133 participants
Banner Health's Banner Health Employees 403(b) Plan reported $146M in total assets and 10,133 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.
- #19,099 in Healthcare & Social Assistance (20,060 peers)
Coverage in Arizona
Banner Health Employees 403(b) Plan covers 10,133 participants in Arizona, 18x the typical Arizona plan (state average ~564 per filing). Assets: $146M.
- #19,099
- in Healthcare & Social Assistance (20,060 peers)
- -25.2%
- assets change YoY
- 1.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $49M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Banner Health Employees 403(b) Plan's outsized position by total assets
Banner Health Employees 403(b) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$145,966,125 Top 6% higher than 94% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Banner Health Employees 403(b) Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Banner Health Employees 403(b) Plan is a mega filing (10,133 participants), the rightmost band on the breakdown.
Form 5500 schedule snapshot
Filing strip 450233470 · Banner Health PY 2022 · Other
Banner Health Employees 403(b) Plan · $146M · 10,133 · 94th
- IND $146M
- IND 10,133
- IND 94th
- IND Other
- IND near Exeter Health Resources 403(b) Retirement Savings Plan
- IND ind #19099
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 Arizona →
Banner Health Employees 403(b) Plan in the asset neighbourhood
Arizona filing particulars
| Total Assets (Beginning of Year) | $195M |
|---|---|
| Net Assets (End of Year) | $146M |
| Net Income | -$49M |
| Employer EIN | 450233470 |
| Plan Effective Date | 1998-01-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Banner Health)
Sponsor-wide plan assets over time
All Banner Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $5.1B 35.83460710247511% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 61,171 | $3.8B |
| 2023 | 3 | 63,854 | $4.5B |
| 2024 | 3 | 66,386 | $5.1B |
Nearby Other Plans in Arizona
Peer Other plans, same state, same plan type, ranked by total assets.
- Honorhealth 403(b) Retirement Security Plan $873M · 12,089
- Operating Engineers Local 428 Annuity Trust Fund $256M · 7,538
- El Rio Santa Cruz Neighborhood Health Center, Inc. Retirement Plan $120M · 1,633
- Kingman Regional Medical Center Employee Retirement Plan $91M · 1,954
- Arizona State Carpenter's Annuity Trust Fund $87M · 4,161
Scale composition for Banner Health Employees 403(b) Plan
Banner Health Employees 403(b) Plan reports $146M in end-of-year assets across 10,133 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $14,405 per participant (10% of the national average assets-per-participant) . Net income for plan year 2022 was -$49M.
This plan identity (EIN 450233470, plan #044) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $146M to $173M (+18.2%) while covered participants moved from 10,133 to 11,316 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 10,133 | $146M | This page |
| 2023 | 11,018 | $164M | Open filing |
| 2024 · index core | 11,316 | $173M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Banner Health Employees 401(k) Plan (401(k), $4.9B, 54,731 participants)
- Banner Health Employees 403(b) Plan (Other, $173M, 11,316 participants)
Banner Health Employees 403(b) Plan's out-of-state Other peers by assets and headcount
Outside Arizona, the nearest Other by assets is Exeter Health Resources 403(b) Retirement Savings Plan in NH ($146M); by covered participants it is Lifespan Corporation 403(b)Retirement Plan in RI (10,171 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($146M here).
Similar participant headcount
Nearest other-state filings by covered participants (10,133 participants); asset peers above are excluded.
- Lifespan Corporation 403(b)Retirement Plan (RI) 10,171 · 38 off
- Caltech Base Retirement Plan (CA) 9,827 · 306 off
- Shands Healthcare Matched Savings Account 403(b) (FL) 10,522 · 389 off
- Temple University Health System, Inc. 403(b) Plan (PA) 10,660 · 527 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.