Profit Sharing · DOL Form 5500 · 2023
Henry Ford Health System Profit Sharing Plan
Data updated 2026-08-11
- $1.7B
- Total assets
- 14,349
- Participants
- 99th
- Percentile by assets
- $120,116
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $1.7B
- total plan assets (2023 EOY)
- 14,349
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $120,116
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Henry Ford Health System Retirement Savings Plan reports 14,349 participants - 23x that state average ($1.7B EOY assets).
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)
| 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
- 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)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Henry Ford Health System Retirement Savings Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Henry Ford Health System Retirement Savings Plan assets move in 2023? ▼
How have Henry Ford Health System plan assets changed over time? ▼
Where does Henry Ford Health System Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Henry Ford Health System Retirement Savings Plan? ▼
Next read for Henry Ford Health System Retirement Savi…
Filing takeaways
Ways to act on Henry Ford Health System Retirement Savings Plan's numbers.
- By total assets, Henry Ford Health System Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
- Henry Ford Health System's sponsor-wide assets have grown 35.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans