Defined Benefit (Pension) · DOL Form 5500 · 2023
Sparrow Health System Pension Plan
Data updated 2026-08-25
- $300M
- Total assets Above avg plan size
- 796
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $376,825
- Avg per participant High balance/head
Official DOL plan name: Sparrow Health System Associate Pension Plan A2 · Sponsored by Sparrow Health System · Michigan · Healthcare & Social Assistance
$300M in assets, 796 participants
Sparrow Health System's Sparrow Health System Associate Pension Plan A2 reported $300M in total assets and 796 participants in its 2023 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.
- #17,067 in Healthcare & Social Assistance (17,684 peers)
Where Sparrow Health System Associate Pension Plan A2 sits by assets
Sparrow Health System Associate Pension Plan A2 sits in the top 5% of all filed plans by assets, $300M for 796 participants (~$376,825/participant), down 1.0% in 2023.
- #17,067
- in Healthcare & Social Assistance (17,684 peers)
- -1.0%
- assets change YoY
- 3.0×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sparrow Health System Associate Pension Plan A2's outsized position by total assets
Sparrow Health System Associate Pension Plan A2 vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$299,952,413 Top 4% higher than 96% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Sparrow Health System Associate Pension Plan A2 among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sparrow Health System Associate Pension Plan A2 sits mid-pack in the medium band (796 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sparrow Health System Associate Pension Plan A2 reported net income rose from -$81M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
- Sparrow Health System Associate Pension Plan A2 reported participants fell from 870 in the plan year 2022 filing to 796 in the plan year 2023 filing.
- Sparrow Health System Associate Pension Plan A2 end-of-year assets fell from $303M in the plan year 2022 filing to $300M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 382542859 · Sparrow Health System PY 2023 · Defined Benefit (Pension)
Sparrow Health System Associate Pension Plan A2 · $300M · 796 · 96th
- RANK $300M
- RANK 796
- RANK 96th
- RANK Defined Benefit (Pension)
- RANK near Diebold Nixdorf, Incorporated U.S. Pension Plan
- RANK ind #17067
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 →
Sparrow Health System Associate Pension Plan A2 in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $303M |
|---|---|
| Net Assets (End of Year) | $300M |
| Net Income | -$3M |
| Employer EIN | 382542859 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sparrow Health System)
Sponsor-wide plan assets over time
All Sparrow Health System plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.8B 41.83688551922688% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 9,490 | $1.3B |
| 2023 | 4 | 5,787 | $1.4B |
| 2024 | 4 | 6,294 | $1.8B |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
Sparrow Health System Associate Pension Plan A2's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is Diebold Nixdorf, Incorporated U.S. Pension Plan in OH ($300M); by covered participants it is Aerojet Rocketdyne (Gencorp) Consolidated Pension Plan in CA (795 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($300M here).
- Diebold Nixdorf, Incorporated U.S. Pension Plan (OH) $300M · 831
- Westchester Heavy Construction Laborers Local 60 Pension Fund (NY) $300M · 1,128
- Intelsat Staff Retirement Plan (VA) $300M · 95
- The United Illuminating Company Pension Plan (CT) $301M · 169
Similar participant headcount
Nearest other-state filings by covered participants (796 participants); asset peers above are excluded.
- Aerojet Rocketdyne (Gencorp) Consolidated Pension Plan (CA) 795 · 1 off
- IBEW Local 269 Pension Plan (NJ) 797 · 1 off
- Minnesota Cement Masons Pension Fund (MN) 795 · 1 off
- American Bureau of Shipping Pension Plan (TX) 795 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.