Defined Benefit (Pension) · DOL Form 5500 · 2022
Sparrow Health System Pension Plan
Data updated 2026-08-11
- $303M
- Total assets
- 870
- Participants
- 97th
- Percentile by assets
- $348,169
- Avg per participant
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.
- 97th percentile by assets (of 139,126 plans)
- #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.
- $303M
- total plan assets (2022 EOY)
- 870
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $348,169
- 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 A2 vs the 2022 asset distribution
By assets, Sparrow Health System Associate Pension Plan A2 outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $384M |
|---|---|
| Net Assets (End of Year) | $303M |
| Net Income | -$81M |
| Employer EIN | 382542859 |
| Plan Effective Date | 2017-01-01 |
| 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 A2 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 A2 by total assets, not by location.
- Iuoe Local 30 Pension Fund (NY) $303M · 2,219
- Omaha Construction Industry Pension Plan (NE) $304M · 1,440
- Formosa Plastics Corporation, U.S.a. Pension Plan (NJ) $304M · 3,292
- International Union of Operating Engineers Local 14-14b Pension Fd (NY) $304M · 900
Frequently Asked Questions
How did Sparrow Health System Associate Pension Plan A2 assets move in 2022? ▼
How have Sparrow Health System plan assets changed over time? ▼
Where does Sparrow Health System Associate Pension Plan A2 rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Sparrow Health System Associate Pension Plan A2? ▼
Next read for Sparrow Health System Associate Pension …
Scale reading
Ways to act on Sparrow Health System Associate Pension Plan A2's numbers.
- By total assets, Sparrow Health System Associate Pension Plan A2 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