Other · DOL Form 5500 · 2022

Bhsh System D/B/a Spectrum Health System Retirement Plan

Data updated 2026-08-11

$2.3B
Total assets
26,631
Participants
100th
Percentile by assets
$88,042
Avg per participant
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Official DOL plan name: Spectrum Health System 403(b) Plan · Sponsored by Bhsh System D/B/a Spectrum Health System · Michigan · Healthcare & Social Assistance

$2.3B in assets, 26,631 participants

Bhsh System D/B/a Spectrum Health System's Spectrum Health System 403(b) Plan reported $2.3B in total assets and 26,631 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 139,126 plans)
  • #19,999 in Healthcare & Social Assistance (20,060 peers)

Coverage in Michigan

Spectrum Health System 403(b) Plan covers 26,631 participants in Michigan, 42x the typical Michigan plan (state average ~638 per filing). Assets: $2.3B.

$2.3B
total plan assets (2022 EOY)
26,631
covered participants
100th
percentile by assets (of 139,126 plans)
$88,042
avg assets per participant

The plan reported a net loss of $336M 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 System 403(b) Plan reports 26,631 participants - 42x that state average ($2.3B EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$2.7B
Net Assets (End of Year)$2.3B
Net Income-$336M
Employer EIN383382353
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bhsh System D/B/a Spectrum Health System)

$2B$2.5B$3B$3.5B$4B 202220232024 $2.58B $3.44B ▲ +33.3%
Total plan assets by year, all Bhsh System D/B/a Spectrum Health System plans on file
Year Plans Participants Total Assets
2022 2 29,209 $2.6B
2023 2 33,805 $3.1B
2024 2 35,007 $3.4B

Nearby Other Plans in Michigan

Peer Other plans, same state, same plan type, ranked by total assets.

Spectrum Health System 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants

Spectrum Health System 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. 100002000030000400005000060000 012345 Total assets ($B) Participants Spectrum Health Syst…Fca US LLC Salaried …Fca US LLC UAW Savin…Beaumont Health 403(…Mclaren Employees' 4…Henry Ford Health Sy…
Spectrum Health System 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants

Scale composition for Spectrum Health System 403(b) Plan

Spectrum Health System 403(b) Plan reports $2.3B in end-of-year assets across 26,631 participants (0.019% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.028% of 93,925,755 covered participants) - about $88,042 per participant (64% of the national average assets-per-participant) . Net income for plan year 2022 was -$336M.

This plan identity (EIN 383382353, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.3B to $3.2B (+37.1%) while covered participants moved from 26,631 to 32,821 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 26,631 $2.3B This page
2023 31,443 $2.8B Open filing
2024 · index core 32,821 $3.2B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Other Plans Nationally

Other plans in other states closest to Spectrum Health System 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Spectrum Health System 403(b) Plan assets move in 2022?
Spectrum Health System 403(b) Plan pulled back noticeably - down 12.5% during 2022, from $2.7B to $2.3B. Reported net income was -$336M.
How have Bhsh System D/B/a Spectrum Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Bhsh System D/B/a Spectrum Health System's sponsor-wide assets grew 33.3%, from $2.6B to $3.4B.
Where does Spectrum Health System 403(b) Plan rank by assets among Form 5500 filers?
Spectrum Health System 403(b) Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Other plans are similar in size to Spectrum Health System 403(b) Plan?
Among Other plans in other states, the closest by assets is Nyu Langone Hospitals 403(b) Plan in NY ($2.3B, 13,774 participants).

Filing takeaways

Ways to act on Spectrum Health System 403(b) Plan's numbers.