Profit Sharing · DOL Form 5500 · 2022

Henry Ford Health System Profit Sharing Plan

Data updated 2026-08-11

$1.6B
Total assets
15,480
Participants
99th
Percentile by assets
$100,948
Avg per participant
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Official DOL plan name: Henry Ford Health System Retirement Savings Plan · Sponsored by Henry Ford Health System · Michigan · Healthcare & Social Assistance

$1.6B in assets, 15,480 participants

Henry Ford Health System's Henry Ford Health System Retirement Savings Plan reported $1.6B in total assets and 15,480 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #19,957 in Healthcare & Social Assistance (20,060 peers)

Coverage in Michigan

Henry Ford Health System Retirement Savings Plan covers 15,480 participants in Michigan, 24x the typical Michigan plan (state average ~638 per filing). Assets: $1.6B.

$1.6B
total plan assets (2022 EOY)
15,480
covered participants
99th
percentile by assets (of 139,126 plans)
$100,948
avg assets per participant

The plan reported a net loss of $331M 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. Henry Ford Health System Retirement Savings Plan reports 15,480 participants - 24x that state average ($1.6B EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$1.6B
Net Income-$331M
Employer EIN381357020
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Henry Ford Health System)

$2.5B$3B$3.5B$4B$4.5B 202220232024 $3.1B $4.2B ▲ +35.5%
Total plan assets by year, all Henry Ford Health System plans on file
Year Plans Participants Total Assets
2022 5 47,583 $3.1B
2023 4 45,968 $3.6B
2024 4 46,359 $4.2B

Nearby Profit Sharing Plans in Michigan

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

Henry Ford Health System Retirement Savings Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Henry Ford Health System Retirement Savings Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 00.511.52 Total assets ($B) Participants Henry Ford Health Sy…Construction Industr…Ohio Carpenters' Ann…IBEW Local 150 Suppl…Hemlock Semiconducto…NECA-IBEW Memphis Re…
Henry Ford Health System Retirement Savings Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Scale composition for Henry Ford Health System Retirement Savings Plan

Henry Ford Health System Retirement Savings Plan reports $1.6B in end-of-year assets across 15,480 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $100,948 per participant (73% of the national average assets-per-participant) . Net income for plan year 2022 was -$331M.

This plan identity (EIN 381357020, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $1.8B (+17.6%) while covered participants moved from 15,480 to 13,461 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 15,480 $1.6B This page
2023 14,349 $1.7B Open filing
2024 · index core 13,461 $1.8B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Henry Ford Health System Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Henry Ford Health System Retirement Savings Plan assets move in 2022?
Henry Ford Health System Retirement Savings Plan declined sharply - down 17.5% during 2022, from $1.9B to $1.6B. Reported net income was -$331M.
How have Henry Ford Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Henry Ford Health System's sponsor-wide assets grew 35.4%, from $3.1B to $4.2B.
Where does Henry Ford Health System Retirement Savings Plan rank by assets among Form 5500 filers?
Henry Ford Health System Retirement Savings Plan ranks in the 99th 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 Profit Sharing plans are similar in size to Henry Ford Health System Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Prisma Health Retirement Savings Plan in SC ($1.6B, 27,548 participants).

Next read for Henry Ford Health System Retirement Savi…

Filing takeaways

Ways to act on Henry Ford Health System Retirement Savings Plan's numbers.