Defined Benefit (Pension) · DOL Form 5500 · 2023
Sparrow Health System Pension Plan
Data updated 2026-08-25
- $406M
- Total assets Above avg plan size
- 1,080
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $375,981
- Avg per participant High balance/head
Official DOL plan name: Sparrow Health System Associate Pension Plan · Sponsored by Sparrow Health System · Michigan · Healthcare & Social Assistance
$406M in assets, 1,080 participants
Sparrow Health System's Sparrow Health System Associate Pension Plan reported $406M in total assets and 1,080 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- #17,186 in Healthcare & Social Assistance (17,684 peers)
Where Sparrow Health System Associate Pension Plan sits by assets
Sparrow Health System Associate Pension Plan sits in the top 5% of all filed plans by assets, $406M for 1,080 participants (~$375,981/participant), up 9.2% in 2023.
- #17,186
- in Healthcare & Social Assistance (17,684 peers)
- +9.2%
- assets growth YoY
- 4.1×
- vs typical plan assets (national mean)
Sparrow Health System Associate Pension Plan's outsized position by total assets
Sparrow Health System Associate Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$406,059,081 Top 3% higher than 97% 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's large-plan peer group by participant 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 lands in the large band (1,080 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sparrow Health System Associate Pension Plan reported net income rose from -$81M in the plan year 2022 filing to $34M in the plan year 2023 filing.
- Sparrow Health System Associate Pension Plan reported participants fell from 1,205 in the plan year 2022 filing to 1,080 in the plan year 2023 filing.
- Sparrow Health System Associate Pension Plan end-of-year assets rose from $372M in the plan year 2022 filing to $406M 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 · $406M · 1,080 · 97th
- BOY $406M
- SCH 1,080
- EBSA 97th
- PART Defined Benefit (Pension)
- TYPE near Employees' and Agents' Pension Benefits Plan Empower Holdings, Inc.
- NET ind #17186
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 in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $372M |
|---|---|
| Net Assets (End of Year) | $406M |
| Net Income | $34M |
| Employer EIN | 382542859 |
| Plan Effective Date | 1976-01-01 |
| 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's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is Employees' and Agents' Pension Benefits Plan Empower Holdings, Inc. in CO ($406M); by covered participants it is Tile Layers Union Local No. 52 Ny Pension Fund in NY (1,080 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($406M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,080 participants); asset peers above are excluded.
- Tile Layers Union Local No. 52 Ny Pension Fund (NY) 1,080 · 0 off
- Liquor and Allied Workers Local No. 3 Pension Fund Salesmen Division (IL) 1,081 · 1 off
- Medtronic Retirement Plan (MN) 1,079 · 1 off
- Westlake Defined Benefit Plan (TX) 1,076 · 4 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.