Defined Benefit (Pension) · DOL Form 5500 · 2023
Prime Healthcare Services -- Garden City, LLC Pension Plan
Data updated 2026-08-11
- $29M
- Total assets
- 105
- Participants
- 79th
- Percentile by assets
- $279,078
- Avg per participant
Official DOL plan name: Garden City Hospital Osteopathic Employee Pension Plan · Sponsored by Prime Healthcare Services -- Garden City, LLC · Michigan · Healthcare & Social Assistance
$29M in assets, 105 participants
Prime Healthcare Services -- Garden City, LLC's Garden City Hospital Osteopathic Employee Pension Plan reported $29M in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.
- 79th percentile by assets (of 127,072 plans)
- #14,520 in Healthcare & Social Assistance (17,684 peers)
Coverage in Michigan
Garden City Hospital Osteopathic Employee Pension Plan covers 105 participants in Michigan, about 16% of the average Michigan filer (state average ~638 per filing). Assets: $29M.
- $29M
- total plan assets (2023 EOY)
- 105
- covered participants
- 79th
- percentile by assets (of 127,072 plans)
- $279,078
- avg assets per participant
The plan reported a net loss of $20M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Garden City Hospital Osteopathic Employee Pension Plan end-of-year assets fell from $50M in the plan year 2022 filing to $29M in the plan year 2023 filing.
- Garden City Hospital Osteopathic Employee Pension Plan reported net income fell from -$18M in the plan year 2022 filing to -$20M in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Garden City Hospital Osteopathic Employee Pension Plan reports 105 participants - about 16% of that state average ($29M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $50M |
|---|---|
| Net Assets (End of Year) | $29M |
| Net Income | -$20M |
| Employer EIN | 464719451 |
| Plan Effective Date | 1969-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Prime Healthcare Services -- Garden City, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 105 | $50M |
| 2023 | 1 | 105 | $29M |
| 2024 | 1 | 92 | $29M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Garden City Hospital Osteopathic Employee Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Garden City Hospital Osteopathic Employee Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Garden City Hospital Osteopathic Employee Pension Plan assets move in 2023? ▼
How have Prime Healthcare Services -- Garden City, LLC plan assets changed over time? ▼
Where does Garden City Hospital Osteopathic Employee Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Garden City Hospital Osteopathic Employee Pension Plan? ▼
Next read for Garden City Hospital Osteopathic Employe…
Filing takeaways
Ways to act on Garden City Hospital Osteopathic Employee Pension Plan's numbers.
- By total assets, Garden City Hospital Osteopathic Employee Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
- Prime Healthcare Services -- Garden City, LLC's sponsor-wide assets have declined 41.2% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans