Profit Sharing · DOL Form 5500 · 2022

Henry Ford Health System Profit Sharing Plan

Data updated 2026-08-25

$1.6B
Total assets Very large vs avg
15,480
Participants Very large workforce
99th
Percentile by assets National rank
$100,948
Avg per participant Below avg balance/head
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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.

  • #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.

#19,957
in Healthcare & Social Assistance (20,060 peers)
-17.5%
assets change YoY
16×
vs typical plan assets (national mean)

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.

Henry Ford Health System Retirement Savings Plan's outsized position by total assets

Henry Ford Health System Retirement Savings Plan vs every filed plan by assets

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

$1,562,673,044 Top 1% higher than 99% 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

Henry Ford Health System Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Henry Ford Health System Retirement Savings Plan is a mega filing (15,480 participants), the rightmost band on the breakdown.

EBSA filing schedule strip

Filing strip 381357020 · Henry Ford Health System PY 2022 · Profit Sharing

Henry Ford Health System Retirement Savings Plan · $1.6B · 15,480 · 99th

  • SCH $1.6B
  • SCH 15,480
  • SCH 99th
  • SCH Profit Sharing
  • SCH near Prisma Health Retirement Savings Plan
  • SCH ind #19957

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 →

Henry Ford Health System Retirement Savings Plan in the asset neighbourhood

Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fund Iuoe Local 15, …$1.6BEssentia Health Retirement PlanEssentia Health Retirement P…$1.6BPrisma Health Retirement Savings PlanPrisma Health Retirement Sav…$1.6BHenry Ford Health System Retirement Savings PlanHenry Ford Health System Ret…$1.6BAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOAnnuity Fd of the Iuoe Local…$1.5B
End-of-year total assets ($B) among Henry Ford Health System Retirement Savings Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Henry Ford Health System plans reported in each filing year

Latest sponsor-wide plan assets
$4.2B 35.36363166520547% vs 2022
2024 filing year
$2.5B$3B$3.5B$4B$4.5B 202220232024 $3.1B $4.2B ▲ +35.5%
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 Scatter plot of 6 data points. -500005000100001500020000 00.511.52 Total assets ($B) Participants Henry Ford Health System Retirement Savings Plan, Total assets ($B): 1.562673044 · Participants: 15480Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.474769731 · Participants: 10395Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.370960232 · Participants: 8330Ohio Carpenters' Annuity PlanIBEW Local 150 Supplemental Pension Fund, Total assets ($B): 0.247597207 · Participants: 1286IBEW Local 150 Supplemental Pension FundHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.233598708 · Participants: 687Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.183620617 · Participants: 2189NECA-IBEW Memphis Retirement Plan
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:

Henry Ford Health System Retirement Savings Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Prisma Health Retirement Savings Plan in SC ($1.6B); by covered participants it is Midwest Operating Engineers Retirement Enhancement in IL (15,224 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (15,480 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 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).
Which Profit Sharing plans cover a similar participant headcount to Henry Ford Health System Retirement Savings Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Midwest Operating Engineers Retirement Enhancement in IL (15,224 participants, $487M in assets).