Defined Benefit (Pension) · DOL Form 5500 · 2022

Spectrum Health System Pension Plan

Data updated 2026-08-25

$238M
Total assets Near avg plan size
2,578
Participants Above avg headcount
96th
Percentile by assets National rank
$92,396
Avg per participant Below avg balance/head
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Official DOL plan name: Spectrum Health Pension Plan · Sponsored by Spectrum Health System · Michigan · Healthcare & Social Assistance

$238M in assets, 2,578 participants

Spectrum Health System's Spectrum Health Pension Plan reported $238M in total assets and 2,578 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,384 in Healthcare & Social Assistance (20,060 peers)

Coverage in Michigan

Spectrum Health Pension Plan covers 2,578 participants in Michigan, 4.0x the typical Michigan plan (state average ~638 per filing). Assets: $238M.

#19,384
in Healthcare & Social Assistance (20,060 peers)
-35.2%
assets change YoY
2.4×
vs typical plan assets (national mean)

The plan reported a net loss of $115M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spectrum Health Pension Plan's outsized position by total assets

Spectrum Health Pension Plan vs every filed plan by assets

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

$238,197,096 Top 4% higher than 96% 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

Spectrum Health Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spectrum Health Pension Plan lands in the large band (2,578 participants).

Plan-year Form 5500 strip

Filing strip 383382353 · Spectrum Health System PY 2022 · Defined Benefit (Pension)

Spectrum Health Pension Plan · $238M · 2,578 · 96th

  • BOY $238M
  • BOY 2,578
  • BOY 96th
  • BOY Defined Benefit (Pension)
  • BOY near United Food & Commercial Workers Union Local 152 Retail Meat Pension Plan
  • BOY ind #19384

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 →

Spectrum Health Pension Plan in the asset neighbourhood

The Retirement Plan of New York Community Bancorp, Inc.The Retirement Plan of New Y…$239MSpectrum Health Pension Plan$238MUnited Food & Commercial Workers Union Local 152 Retail Meat Pension PlanUnited Food & Commercial Wor…$238MThe Metropolitan Museum of Art Retirement Plan for Covered Union EmployeesThe Metropolitan Museum of A…$238MBelk Pension Plan$237M
End-of-year total assets ($M) among Spectrum Health Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$367M
Net Assets (End of Year)$231M
Net Income-$115M
Employer EIN383382353
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spectrum Health System)

Sponsor-wide plan assets over time

All Spectrum Health System plans reported in each filing year

Latest sponsor-wide plan assets
$3.4B 33.308576535779025% vs 2022
2024 filing year
$2B$2.5B$3B$3.5B$4B 202220232024 $2.58B $3.44B ▲ +33.3%
Year Plans Participants Total Assets
2022 2 29,209 $2.6B
2023 2 33,805 $3.1B
2024 2 35,007 $3.4B

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Spectrum Health Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Spectrum Health Pension Plan, Total assets ($B): 0.238197096 · Participants: 2578Spectrum Health Pension PlanGeneral 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
Spectrum Health Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Spectrum Health Pension Plan side-by-side with 3 peers →

Spectrum Health Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is United Food & Commercial Workers Union Local 152 Retail Meat Pension Plan in NJ ($238M); by covered participants it is Csaa Insurance Group Cash Balance Retirement Plan in CA (2,578 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,578 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 Spectrum Health Pension Plan assets move in 2022? ▼
Spectrum Health Pension Plan contracted severely - down 35.2% during 2022, from $367M to $238M. Reported net income was -$115M.
How have Spectrum Health System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spectrum Health System's sponsor-wide assets grew 33.3%, from $2.6B to $3.4B.
Where does Spectrum Health Pension Plan rank by assets among Form 5500 filers? ▼
Spectrum Health Pension Plan ranks in the 96th 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 Spectrum Health Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is United Food & Commercial Workers Union Local 152 Retail Meat Pension Plan in NJ ($238M, 1,535 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Spectrum Health Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Csaa Insurance Group Cash Balance Retirement Plan in CA (2,578 participants, $733M 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 383382353.

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.