Defined Benefit (Pension) · DOL Form 5500 · 2022
Spectrum Health System Pension Plan
Data updated 2026-08-11
- $238M
- Total assets
- 2,578
- Participants
- 96th
- Percentile by assets
- $92,396
- Avg per participant
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.
- 96th percentile by assets (of 139,126 plans)
- #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.
- $238M
- total plan assets (2022 EOY)
- 2,578
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $92,396
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Spectrum Health Pension Plan reports 2,578 participants - 4.0x that state average ($238M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $367M |
|---|---|
| Net Assets (End of Year) | $231M |
| Net Income | -$115M |
| Employer EIN | 383382353 |
| Plan Effective Date | 1961-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Spectrum Health System)
| 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
- 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 Spectrum Health Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Spectrum Health Pension Plan assets move in 2022? ▼
How have Spectrum Health System plan assets changed over time? ▼
Where does Spectrum Health Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Spectrum Health Pension Plan? ▼
Next read for Spectrum Health Pension Plan
Filing takeaways
Ways to act on Spectrum Health Pension Plan's numbers.
- By total assets, Spectrum Health Pension Plan 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
- Spectrum Health System's sponsor-wide assets have grown 33.3% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans