401(k) · DOL Form 5500 · 2023
Henry Ford Health System 401(k) Plan
Data updated 2026-08-25
- $618M
- Total assets Above avg plan size
- 16,283
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $37,951
- Avg per participant Low balance/head
Official DOL plan name: Henry Ford Health System Ambassador 403(b) Plan · Sponsored by Henry Ford Health System · Michigan · Healthcare & Social Assistance
$618M in assets, 16,283 participants
Henry Ford Health System's Henry Ford Health System Ambassador 403(b) Plan reported $618M in total assets and 16,283 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #17,322 in Healthcare & Social Assistance (17,684 peers)
Coverage in Michigan
Henry Ford Health System Ambassador 403(b) Plan covers 16,283 participants in Michigan, 26x the typical Michigan plan (state average ~638 per filing). Assets: $618M.
- #17,322
- in Healthcare & Social Assistance (17,684 peers)
- +40.2%
- assets growth YoY
- 6.2×
- vs typical plan assets (national mean)
Henry Ford Health System Ambassador 403(b) Plan's outsized position by total assets
Henry Ford Health System Ambassador 403(b) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$617,957,515 Top 2% higher than 98% 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 Ambassador 403(b) 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 Ambassador 403(b) Plan is a mega filing (16,283 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Henry Ford Health System Ambassador 403(b) Plan reported net income rose from $7M in the plan year 2022 filing to $176M in the plan year 2023 filing.
- Henry Ford Health System Ambassador 403(b) Plan end-of-year assets rose from $441M in the plan year 2022 filing to $618M in the plan year 2023 filing.
- Henry Ford Health System Ambassador 403(b) Plan reported participants rose from 14,988 in the plan year 2022 filing to 16,283 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 381357020 · Henry Ford Health System PY 2023 · 401(k)
Henry Ford Health System Ambassador 403(b) Plan · $618M · 16,283 · 98th
- PART $618M
- PART 16,283
- PART 98th
- PART 401(k)
- PART near Freeman 401(k) Plan
- PART ind #17322
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 Ambassador 403(b) Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $441M |
|---|---|
| Net Assets (End of Year) | $618M |
| Net Income | $176M |
| Employer EIN | 381357020 |
| Plan Effective Date | 1999-01-01 |
| 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 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Scale composition for Henry Ford Health System Ambassador 403(b) Plan
Henry Ford Health System Ambassador 403(b) Plan reports $618M in end-of-year assets across 16,283 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $37,951 per participant (27% of the national average assets-per-participant) . Net income for plan year 2023 was $176M.
This plan identity (EIN 381357020, plan #016) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $441M to $932M (+111.4%) while covered participants moved from 14,988 to 18,400 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 14,988 | $441M | Open filing |
| 2023 | 16,283 | $618M | This page |
| 2024 · index core | 18,400 | $932M | 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 Ambassador 403(b) Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Freeman 401(k) Plan in TX ($618M); by covered participants it is Grifols Employee Retirement Savings Plan in CA (16,259 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($618M here).
- Freeman 401(k) Plan (TX) $618M · 4,447
- Memorial Health System Defined Contribution Retirement Savings Plan (IL) $618M · 7,935
- American Maritime Officers 401(k) Plan (FL) $618M · 3,682
- Nelson Mullins Retirement Plan (SC) $617M · 1,758
Similar participant headcount
Nearest other-state filings by covered participants (16,283 participants); asset peers above are excluded.
- Grifols Employee Retirement Savings Plan (CA) 16,259 · 24 off
- National Grid USA Co. Incentive Thrift Plan (NY) 16,248 · 35 off
- The Prudential Employee Savings Plan (NJ) 16,321 · 38 off
- Parkview Health System, Inc. Retirement Savings Plan (IN) 16,241 · 42 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.