Other · DOL Form 5500 · 2022

Cherry Street Services, Inc. Retirement Plan

Data updated 2026-08-11

$32M
Total assets
731
Participants
84th
Percentile by assets
$43,879
Avg per participant
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Official DOL plan name: Cherry Health 403(b) Retirement Plan · Sponsored by Cherry Street Services, Inc. · Michigan · Healthcare & Social Assistance

$32M in assets, 731 participants

Cherry Street Services, Inc.'s Cherry Health 403(b) Retirement Plan reported $32M in total assets and 731 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 139,126 plans)
  • #17,291 in Healthcare & Social Assistance (20,060 peers)

Where Cherry Health 403(b) Retirement Plan sits by assets

Cherry Health 403(b) Retirement Plan sits in the top quartile of all filed plans by assets, $32M for 731 participants (~$43,879/participant), down 17.3% in 2022.

$32M
total plan assets (2022 EOY)
731
covered participants
84th
percentile by assets (of 139,126 plans)
$43,879
avg assets per participant

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cherry Health 403(b) Retirement Plan vs the 2022 asset distribution

By assets, Cherry Health 403(b) Retirement Plan outranks 84% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$32M
Net Income-$7M
Employer EIN382853534
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cherry Street Services, Inc.)

$30M$35M$40M$45M 202220232024 $32.1M $42.5M ▲ +32.4%
Total plan assets by year, all Cherry Street Services, Inc. plans on file
Year Plans Participants Total Assets
2022 1 731 $32M
2023 1 726 $37M
2024 1 749 $42M

Nearby Other Plans in Michigan

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

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

Cherry Health 403(b) Retirement Plan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Cherry Health 403(b)…Fca US LLC Salaried …Fca US LLC UAW Savin…Spectrum Health Syst…Beaumont Health 403(…Mclaren Employees' 4…
Cherry Health 403(b) Retirement Plan vs. nearby Other plans in Michigan, assets vs. participants

Similar-Sized Other Plans Nationally

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

Frequently Asked Questions

How did Cherry Health 403(b) Retirement Plan assets move in 2022?
Cherry Health 403(b) Retirement Plan declined sharply - down 17.3% during 2022, from $39M to $32M. Reported net income was -$7M.
How have Cherry Street Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Cherry Street Services, Inc.'s sponsor-wide assets grew 32.4%, from $32M to $42M.
Where does Cherry Health 403(b) Retirement Plan rank by assets among Form 5500 filers?
Cherry Health 403(b) Retirement Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Cherry Health 403(b) Retirement Plan?
Among Other plans in other states, the closest by assets is Hebrew Academy of Nassau County Defined Contribution Plan in NY ($32M, 138 participants).

Scale reading

Ways to act on Cherry Health 403(b) Retirement Plan's numbers.