401(k) · DOL Form 5500 · 2023

Health Alliance Plan of Michigan 401(k) Plan

Data updated 2026-08-11

$133M
Total assets
1,057
Participants
93rd
Percentile by assets
$125,434
Avg per participant
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Official DOL plan name: Health Alliance Plan 401(k) Plan · Sponsored by Health Alliance Plan of Michigan · Michigan · Finance & Insurance

$133M in assets, 1,057 participants

Health Alliance Plan of Michigan's Health Alliance Plan 401(k) Plan reported $133M in total assets and 1,057 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #7,887 in Finance & Insurance (8,869 peers)

Where Health Alliance Plan 401(k) Plan sits by assets

Health Alliance Plan 401(k) Plan sits in the top 10% of all filed plans by assets, $133M for 1,057 participants (~$125,434/participant), up 14.7% in 2023.

$133M
total plan assets (2023 EOY)
1,057
covered participants
93rd
percentile by assets (of 127,072 plans)
$125,434
avg assets per participant

Where Health Alliance Plan 401(k) Plan sits by total assets

Health Alliance Plan 401(k) Plan vs every filed plan by assets

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

$132,583,684 Top 7% higher than 93% 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

  • Health Alliance Plan 401(k) Plan reported net income rose from -$26M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Health Alliance Plan 401(k) Plan end-of-year assets rose from $116M in the plan year 2022 filing to $133M in the plan year 2023 filing.
  • Health Alliance Plan 401(k) Plan reported participants fell from 1,075 in the plan year 2022 filing to 1,057 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Michigan
Industry
Finance & Insurance

Health Alliance Plan 401(k) Plan vs the 2023 asset distribution

By assets, Health Alliance Plan 401(k) Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$116M
Net Assets (End of Year)$133M
Net Income$17M
Employer EIN382242827
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Health Alliance Plan of Michigan)

$160M$170M$180M$190M$200M 202220232024 $166M $193M ▲ +16.5%
Total plan assets by year, all Health Alliance Plan of Michigan plans on file
Year Plans Participants Total Assets
2022 2 1,479 $166M
2023 2 1,419 $186M
2024 2 1,489 $193M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Health Alliance Plan 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Health Alliance Plan…, Total assets ($B): 0.132583684 · Participants: 1057Health Alliance Plan…General Motors Retir…, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Com…The General Motors P…, Total assets ($B): 8.580684909 · Participants: 40393The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-E…
Health Alliance Plan 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Health Alliance Plan 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Health Alliance Plan 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Health Alliance Plan 401(k) Plan assets move in 2023? ▼
Health Alliance Plan 401(k) Plan grew at a solid clip - up 14.7% during 2023, from $116M to $133M. Reported net income was $17M.
How have Health Alliance Plan of Michigan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Health Alliance Plan of Michigan's sponsor-wide assets grew 16.5%, from $166M to $193M.
Where does Health Alliance Plan 401(k) Plan rank by assets among Form 5500 filers? ▼
Health Alliance Plan 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Health Alliance Plan 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sazerac Company, Inc. 401(k) Plan in KY ($133M, 2,414 participants).

Next read for Health Alliance Plan 401(k) Plan

Scale reading

Ways to act on Health Alliance Plan 401(k) 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 382242827.

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.