Other · DOL Form 5500 · 2022
Banner Health Retirement Plan
Data updated 2026-08-11
- $146M
- Total assets
- 10,133
- Participants
- 94th
- Percentile by assets
- $14,405
- Avg per participant
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.
- 94th percentile by assets (of 139,126 plans)
- #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.
- $146M
- total plan assets (2022 EOY)
- 10,133
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $14,405
- avg assets per participant
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.
Participants vs Arizona filers
In Arizona, the average filing covers about 564 participants across 2,304 plans. Banner Health Employees 403(b) Plan reports 10,133 participants - 18x that state average ($146M EOY assets).
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)
| 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.
Banner Health Employees 403(b) Plan vs. nearby Other plans in Arizona, assets vs. participants
- 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)
Similar-Sized Other Plans Nationally
Other plans in other states closest to Banner Health Employees 403(b) Plan by total assets, not by location.
Frequently Asked Questions
How did Banner Health Employees 403(b) Plan assets move in 2022? ▼
How have Banner Health plan assets changed over time? ▼
Where does Banner Health Employees 403(b) Plan rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to Banner Health Employees 403(b) Plan? ▼
Next read for Banner Health Employees 403(b) Plan
Filing takeaways
Ways to act on Banner Health Employees 403(b) Plan's numbers.
- By total assets, Banner Health Employees 403(b) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Arizona. Compare plans
- Banner Health's sponsor-wide assets have grown 35.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans