401(k) · DOL Form 5500 · 2023

Health Alliance Plan of Michigan 401(k) Plan

Data updated 2026-08-25

$133M
Total assets Near avg plan size
1,057
Participants Near avg headcount
93rd
Percentile by assets National rank
$125,434
Avg per participant Near avg balance/head
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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.

  • #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.

#7,887
in Finance & Insurance (8,869 peers)
+14.7%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Health Alliance Plan 401(k) Plan's outsized position 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 $2,050,000,000 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

Health Alliance Plan 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Health Alliance Plan 401(k) Plan lands in the large band (1,057 participants).

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 →

Plan-year Form 5500 strip

Filing strip 382242827 · Health Alliance Plan of Michigan PY 2023 · 401(k)

Health Alliance Plan 401(k) Plan · $133M · 1,057 · 93rd

  • NET $133M
  • NET 1,057
  • NET 93rd
  • NET 401(k)
  • NET near Sazerac Company, Inc. 401(k) Plan
  • NET ind #7887

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 Finance & Insurance retirement plans → · Plans in Michigan →

Health Alliance Plan 401(k) Plan in the asset neighbourhood

8x8, Inc. 401(k) Savings Plan$133MHealth Alliance Plan 401(k) PlanHealth Alliance Plan 401(k) …$133MSazerac Company, Inc. 401(k) PlanSazerac Company, Inc. 401(k)…$133MBlue Beacon, Inc. Profit Sharing/401(k) PlanBlue Beacon, Inc. Profit Sha…$133MDaisy Brand Retirement Plan$132M
End-of-year total assets ($M) among Health Alliance Plan 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Health Alliance Plan of Michigan plans reported in each filing year

Latest sponsor-wide plan assets
$193M 16.45274837533501% vs 2022
2024 filing year
$160M$170M$180M$190M$200M 202220232024 $166M $193M ▲ +16.5%
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 ($B) Participants Health Alliance Plan 401(k) Plan, Total assets ($B): 0.132583684 · Participants: 1057Health Alliance Plan 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
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 →

Health Alliance Plan 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Sazerac Company, Inc. 401(k) Plan in KY ($133M); by covered participants it is Ernst Enterprises Retirement Savings Plan in OH (1,057 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($133M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,057 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Health Alliance Plan 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ernst Enterprises Retirement Savings Plan in OH (1,057 participants, $103M in assets).

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.