Other · DOL Form 5500 · 2023

Sparrow Health System Retirement Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
264
Participants Below avg headcount
70th
Percentile by assets National rank
$64,497
Avg per participant Low balance/head
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Official DOL plan name: Sparrow Health System Associate Retirement Plan for 403(b) Transfers · Sponsored by Sparrow Health System · Michigan · Healthcare & Social Assistance

$17M in assets, 264 participants

Sparrow Health System's Sparrow Health System Associate Retirement Plan for 403(b) Transfers reported $17M in total assets and 264 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #13,152 in Healthcare & Social Assistance (17,684 peers)

Coverage in Michigan

Sparrow Health System Associate Retirement Plan for 403(b) Transfers covers 264 participants in Michigan, about 41% of the average Michigan filer (state average ~638 per filing). Assets: $17M.

#13,152
in Healthcare & Social Assistance (17,684 peers)
+26.1%
assets growth YoY

Sparrow Health System Associate Retirement Plan for 403(b) Transfers's outsized position by total assets

Sparrow Health System Associate Retirement Plan for 403(b) Transfers vs every filed plan by assets

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

$17,027,338 Top 30% higher than 70% 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

Sparrow Health System Associate Retirement Plan for 403(b) Transfers among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sparrow Health System Associate Retirement Plan for 403(b) Transfers sits mid-pack in the medium band (264 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sparrow Health System Associate Retirement Plan for 403(b) Transfers reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Sparrow Health System Associate Retirement Plan for 403(b) Transfers end-of-year assets rose from $14M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Sparrow Health System Associate Retirement Plan for 403(b) Transfers reported participants fell from 281 in the plan year 2022 filing to 264 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 382542859 · Sparrow Health System PY 2023 · Other

Sparrow Health System Associate Retirement Plan for 403(b) Transfers · $17M · 264 · 70th

  • EOY $17M
  • EOY 264
  • EOY 70th
  • EOY Other
  • EOY near The Louise S. Mcgehee School 403(b) Tda Plan
  • EOY ind #13152

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 →

Sparrow Health System Associate Retirement Plan for 403(b) Transfers in the asset neighbourhood

Community Health Center of Cape Cod 403(b) PlanCommunity Health Center of C…$17MBlackburn University DC Retirement PlanBlackburn University DC Reti…$17MSparrow Health System Associate Retirement Plan for 403(b) TransfersSparrow Health System Associ…$17MThe Louise S. Mcgehee School 403(b) Tda PlanThe Louise S. Mcgehee School…$17MUcf Athletics Association, Inc. 403(b) PlanUcf Athletics Association, I…$17M
End-of-year total assets ($M) among Sparrow Health System Associate Retirement Plan for 403(b) Transfers and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$4M
Employer EIN382542859
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sparrow Health System)

Sponsor-wide plan assets over time

All Sparrow Health System plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 41.83688551922688% vs 2022
2024 filing year
$1B$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.25B $1.77B ▲ +41.6%
Year Plans Participants Total Assets
2022 4 9,490 $1.3B
2023 4 5,787 $1.4B
2024 4 6,294 $1.8B

Nearby Other Plans in Michigan

Peer Other plans, same state, same plan type, ranked by total assets.

Sparrow Health System Associate Retirement Plan for 403(b) Transfers vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Sparrow Health System Associate Retirement Plan for 403(b) Transfers, Total assets ($B): 0.017027338 · Participants: 264Sparrow Health System Associate Retirement Plan for 403(b) TransfersFca US LLC Salaried Employees' Savings Plan, Total assets ($B): 4.820440935 · Participants: 16630Fca US LLC Salaried Employees' Savings PlanFca US LLC UAW Savings Plan, Total assets ($B): 4.690971139 · Participants: 49473Fca US LLC UAW Savings PlanBeaumont Health 403(b) Retirement Savings Plan, Total assets ($B): 2.628827189 · Participants: 33717Beaumont Health 403(b) Retirement Savings PlanHenry Ford Health System Heritage 403(b) Plan, Total assets ($B): 1.284257295 · Participants: 15298Henry Ford Health System Heritage 403(b) PlanBronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan, Total assets ($B): 1.034484808 · Participants: 8357Bronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan
Sparrow Health System Associate Retirement Plan for 403(b) Transfers vs. nearby Other plans in Michigan, assets vs. participants

Sparrow Health System Associate Retirement Plan for 403(b) Transfers's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is The Louise S. Mcgehee School 403(b) Tda Plan in LA ($17M); by covered participants it is Valley Family Health Care, Inc. 403(b) Plan in ID (264 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (264 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 Sparrow Health System Associate Retirement Plan for 403(b) Transfers assets move in 2023?
Sparrow Health System Associate Retirement Plan for 403(b) Transfers grew sharply - up 26.1% during 2023, from $14M to $17M. Reported net income was $4M.
How have Sparrow Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Sparrow Health System's sponsor-wide assets grew 41.8%, from $1.3B to $1.8B.
Which Other plans are similar in size to Sparrow Health System Associate Retirement Plan for 403(b) Transfers?
Among Other plans in other states, the closest by assets is The Louise S. Mcgehee School 403(b) Tda Plan in LA ($17M, 186 participants).
Which Other plans cover a similar participant headcount to Sparrow Health System Associate Retirement Plan for 403(b) Transfers?
Among Other plans in other states, the closest by covered participants is Valley Family Health Care, Inc. 403(b) Plan in ID (264 participants, $9M in assets).