401(k) · DOL Form 5500 · 2023
Henry Ford Health System 401(k) Plan
Data updated 2026-08-11
- $618M
- Total assets
- 16,283
- Participants
- 98th
- Percentile by assets
- $37,951
- Avg per participant
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.
- 98th percentile by assets (of 127,072 plans)
- #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.
- $618M
- total plan assets (2023 EOY)
- 16,283
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $37,951
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Henry Ford Health System Ambassador 403(b) Plan reports 16,283 participants - 26x that state average ($618M EOY assets).
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)
| 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.
Henry Ford Health System Ambassador 403(b) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Henry Ford Health System Ambassador 403(b) Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Henry Ford Health System Ambassador 403(b) Plan assets move in 2023? ▼
How have Henry Ford Health System plan assets changed over time? ▼
Where does Henry Ford Health System Ambassador 403(b) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Henry Ford Health System Ambassador 403(b) Plan? ▼
Next read for Henry Ford Health System Ambassador 403(…
Filing takeaways
Ways to act on Henry Ford Health System Ambassador 403(b) Plan's numbers.
- By total assets, Henry Ford Health System Ambassador 403(b) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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