Profit Sharing · DOL Form 5500 · 2023
Henry Ford Health System Profit Sharing Plan
Data updated 2026-08-25
- $1.7B
- Total assets Very large vs avg
- 14,349
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $120,116
- Avg per participant Near avg balance/head
Official DOL plan name: Henry Ford Health System Retirement Savings Plan · Sponsored by Henry Ford Health System · Michigan · Healthcare & Social Assistance
$1.7B in assets, 14,349 participants
Henry Ford Health System's Henry Ford Health System Retirement Savings Plan reported $1.7B in total assets and 14,349 participants in its 2023 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.
- #17,572 in Healthcare & Social Assistance (17,684 peers)
Coverage in Michigan
Henry Ford Health System Retirement Savings Plan covers 14,349 participants in Michigan, 23x the typical Michigan plan (state average ~638 per filing). Assets: $1.7B.
- #17,572
- in Healthcare & Social Assistance (17,684 peers)
- +10.3%
- assets growth YoY
- 17×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$1,723,538,402 Top 1% higher than 99% 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
Henry Ford Health System Retirement Savings Plan's mega-plan peer group by participant headcount
Plan-year 2023 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 (14,349 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Henry Ford Health System Retirement Savings Plan reported net income rose from -$331M in the plan year 2022 filing to $161M in the plan year 2023 filing.
- Henry Ford Health System Retirement Savings Plan end-of-year assets rose from $1.6B in the plan year 2022 filing to $1.7B in the plan year 2023 filing.
- Henry Ford Health System Retirement Savings Plan reported participants fell from 15,480 in the plan year 2022 filing to 14,349 in the plan year 2023 filing.
DOL schedule card
Filing strip 381357020 · Henry Ford Health System PY 2023 · Profit Sharing
Henry Ford Health System Retirement Savings Plan · $1.7B · 14,349 · 99th
- ASSETS $1.7B
- ASSETS 14,349
- ASSETS 99th
- ASSETS Profit Sharing
- ASSETS near University of Pennsylvania Basic Plan
- ASSETS ind #17572
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
Michigan filing particulars
| Total Assets (Beginning of Year) | $1.6B |
|---|---|
| Net Assets (End of Year) | $1.7B |
| Net Income | $161M |
| Employer EIN | 381357020 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING 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
| 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.
- Construction Industry Retirement Fund of Rockford $564M · 10,685
- Ohio Carpenters' Annuity Plan $410M · 9,314
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $288M · 1,404
- NECA-IBEW Memphis Retirement Plan $213M · 2,389
- Plumbers and Pipefitters Local Union 520 Annuity Plan $205M · 1,651
Scale composition for Henry Ford Health System Retirement Savings Plan
Henry Ford Health System Retirement Savings Plan reports $1.7B in end-of-year assets across 14,349 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $120,116 per participant (87% of the national average assets-per-participant) . Net income for plan year 2023 was $161M.
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 | Open filing |
| 2023 | 14,349 | $1.7B | This page |
| 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 (Profit Sharing, $1.8B, 13,461 participants)
- Henry Ford Health System Heritage 403(b) Plan (Other, $1.4B, 14,465 participants)
- Henry Ford Health System Ambassador 403(b) Plan (401(k), $932M, 18,400 participants)
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 University of Pennsylvania Basic Plan in PA ($1.7B); by covered participants it is Impellam NA 401(k) Plan in GA (14,798 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.7B here).
- University of Pennsylvania Basic Plan (PA) $1.7B · 21,016
- Baylor College of Medicine Retirement Plan (TX) $1.7B · 10,240
- Nfl Player Annuity Program (MD) $1.7B · 2,736
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO (NY) $1.7B · 5,807
Similar participant headcount
Nearest other-state filings by covered participants (14,349 participants); asset peers above are excluded.
- Impellam NA 401(k) Plan (GA) 14,798 · 449 off
- TACK (PA) 13,448 · 901 off
- Sentara Healthcare 401(a) Retirement Plan (VA) 13,430 · 919 off
- Indiana Laborers Defined Contribution Trust Fund (IN) 15,349 · 1,000 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.