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
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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.

See the national 2023→2024 release diff →

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 EIN464719451
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Prime Healthcare Services -- Garden City, LLC)

$20M$30M$40M$50M$60M 202220232024 $49.5M $29.1M ▼ -41.2%
Total plan assets by year, all Prime Healthcare Services -- Garden City, LLC plans on file
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

Garden City Hospital Osteopathic Employee Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Garden City Hospital…General Motors Hourl…Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…
Garden City Hospital Osteopathic Employee Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

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?
Garden City Hospital Osteopathic Employee Pension Plan contracted severely - down 40.8% during 2023, from $50M to $29M. Reported net income was -$20M.
How have Prime Healthcare Services -- Garden City, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Prime Healthcare Services -- Garden City, LLC's sponsor-wide assets declined 41.2%, from $50M to $29M.
Where does Garden City Hospital Osteopathic Employee Pension Plan rank by assets among Form 5500 filers?
Garden City Hospital Osteopathic Employee Pension Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Garden City Hospital Osteopathic Employee Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Indianapolis Symphony Orchestra Pension Plan in IN ($29M, 30 participants).

Next read for Garden City Hospital Osteopathic Employe…

Filing takeaways

Ways to act on Garden City Hospital Osteopathic Employee Pension Plan's numbers.