Defined Benefit (Pension) · DOL Form 5500 · 2022

Sparrow Health System Pension Plan

Data updated 2026-08-25

$303M
Total assets Above avg plan size
870
Participants Near avg headcount
97th
Percentile by assets National rank
$348,169
Avg per participant High balance/head
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Official DOL plan name: Sparrow Health System Associate Pension Plan A2 · Sponsored by Sparrow Health System · Michigan · Healthcare & Social Assistance

$303M in assets, 870 participants

Sparrow Health System's Sparrow Health System Associate Pension Plan A2 reported $303M in total assets and 870 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.

  • #19,495 in Healthcare & Social Assistance (20,060 peers)

Where Sparrow Health System Associate Pension Plan A2 sits by assets

Sparrow Health System Associate Pension Plan A2 sits in the top 5% of all filed plans by assets, $303M for 870 participants (~$348,169/participant), down 21.0% in 2022.

#19,495
in Healthcare & Social Assistance (20,060 peers)
-21.0%
assets change YoY
3.0×
vs typical plan assets (national mean)

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 A2's outsized position by total assets

Sparrow Health System Associate Pension Plan A2 vs every filed plan by assets

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

$302,906,613 Top 3% higher than 97% 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 Pension Plan A2 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 Pension Plan A2 sits mid-pack in the medium band (870 participants).

DOL schedule card

Filing strip 382542859 · Sparrow Health System PY 2022 · Defined Benefit (Pension)

Sparrow Health System Associate Pension Plan A2 · $303M · 870 · 97th

  • 5500 $303M
  • ASSETS 870
  • PCT 97th
  • EIN Defined Benefit (Pension)
  • RANK near Iuoe Local 30 Pension Fund
  • PHOTO ind #19495

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 Pension Plan A2 in the asset neighbourhood

International Union of Operating Engineers Local 14-14b Pension FdInternational Union of Opera…$304MFormosa Plastics Corporation, U.S.a. Pension PlanFormosa Plastics Corporation…$304MOmaha Construction Industry Pension PlanOmaha Construction Industry …$304MSparrow Health System Associate Pension Plan A2Sparrow Health System Associ…$303MIuoe Local 30 Pension Fund$303M
End-of-year total assets ($M) among Sparrow Health System Associate Pension Plan A2 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$384M
Net Assets (End of Year)$303M
Net Income-$81M
Employer EIN382542859
Plan Effective Date2017-01-01
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 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 A2 vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Sparrow Health System Associate Pension Plan A2, Total assets ($B): 0.302906613 · Participants: 870Sparrow Health System Associate Pension Plan A2General Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 40.23255743 · Participants: 18766General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.279653433 · Participants: 27567Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 13.42905347 · Participants: 11760Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 13.018181682 · Participants: 13759Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 8.553889919 · Participants: 14563Fca US LLC UAW Pension Agreement
Sparrow Health System Associate Pension Plan A2 vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Sparrow Health System Associate Pension Plan A2 side-by-side with 3 peers →

Sparrow Health System Associate Pension Plan A2's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Iuoe Local 30 Pension Fund in NY ($303M); by covered participants it is Advance Pension Plan in NY (870 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (870 participants); asset peers above are excluded.

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 Pension Plan A2 assets move in 2022? ▼
Sparrow Health System Associate Pension Plan A2 declined sharply - down 21.0% during 2022, from $384M to $303M. Reported net income was -$81M.
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.
Where does Sparrow Health System Associate Pension Plan A2 rank by assets among Form 5500 filers? ▼
Sparrow Health System Associate Pension Plan A2 ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sparrow Health System Associate Pension Plan A2? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Iuoe Local 30 Pension Fund in NY ($303M, 2,219 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sparrow Health System Associate Pension Plan A2? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Advance Pension Plan in NY (870 participants, $976M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382542859.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.