Defined Benefit (Pension) · DOL Form 5500 · 2023

Mclaren Health Care Corporation Pension Plan

Data updated 2026-08-11

$6M
Total assets
2,743
Participants
48th
Percentile by assets
$2,195
Avg per participant
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Official DOL plan name: Mclaren Employees' Pension Plan · Sponsored by Mclaren Health Care Corporation · Michigan · Healthcare & Social Assistance

$6M in assets, 2,743 participants

Mclaren Health Care Corporation's Mclaren Employees' Pension Plan reported $6M in total assets and 2,743 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • 48th percentile by assets (of 127,072 plans)
  • #9,330 in Healthcare & Social Assistance (17,684 peers)

Coverage in Michigan

Mclaren Employees' Pension Plan covers 2,743 participants in Michigan, 4.3x the typical Michigan plan (state average ~638 per filing). Assets: $6M.

$6M
total plan assets (2023 EOY)
2,743
covered participants
48th
percentile by assets (of 127,072 plans)
$2,195
avg assets per participant

The plan reported a net loss of $1.0B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Mclaren Employees' Pension Plan sits by total assets

Mclaren Employees' Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,019,915 48th percentile higher than 48% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mclaren Employees' Pension Plan reported net income fell from -$338M in the plan year 2022 filing to -$1.0B in the plan year 2023 filing.
  • Mclaren Employees' Pension Plan end-of-year assets fell from $1.0B in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Mclaren Employees' Pension Plan reported participants fell from 3,037 in the plan year 2022 filing to 2,743 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Michigan
Industry
Healthcare & Social Assistance

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Mclaren Employees' Pension Plan reports 2,743 participants - 4.3x that state average ($6M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$491K
Net Income-$1.0B
Employer EIN382397643
Plan Effective Date1964-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mclaren Health Care Corporation)

$1.5B$2B$2.5B$3B 202220232024 $2.51B $1.91B ▼ -23.9%
Total plan assets by year, all Mclaren Health Care Corporation plans on file
Year Plans Participants Total Assets
2022 3 25,128 $2.5B
2023 3 22,313 $1.7B
2024 2 18,764 $1.9B

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Mclaren Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Mclaren Employees' P…, Total assets ($B): 0.006019915 · Participants: 2743Mclaren Employees' P…General Motors Hourl…, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourl…Ford Motor Company U…, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company U…Ford Motor Company G…, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company G…Dow Employees' Pensi…, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pensi…Fca US LLC UAW Pensi…, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pensi…
Mclaren Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Mclaren Employees' Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Mclaren Employees' Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Mclaren Employees' Pension Plan assets move in 2023? ▼
Mclaren Employees' Pension Plan contracted severely - down 99.4% during 2023, from $1.0B to $6M. Reported net income was -$1.0B.
How have Mclaren Health Care Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mclaren Health Care Corporation's sponsor-wide assets declined 24.0%, from $2.5B to $1.9B.
Which Defined Benefit (Pension) plans are similar in size to Mclaren Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is North American Fleet Sales, Inc. Defined Benefit Pension Plan & Trust in FL ($6M, 3 participants).

Next read for Mclaren Employees' Pension Plan

Filing takeaways

Ways to act on Mclaren Employees' Pension Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382397643.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.