401(k) · DOL Form 5500 · 2023

Northwell Health, Inc. 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
45,191
Participants Very large workforce
99th
Percentile by assets National rank
$27,274
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Northwell Health 401(k) Plan · Sponsored by Northwell Health, Inc. · New York · Healthcare & Social Assistance

$1.2B in assets, 45,191 participants

Northwell Health, Inc.'s Northwell Health 401(k) Plan reported $1.2B in total assets and 45,191 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #17,516 in Healthcare & Social Assistance (17,684 peers)

Coverage in New York

Northwell Health 401(k) Plan covers 45,191 participants in New York, 57x the typical New York plan (state average ~798 per filing). Assets: $1.2B.

#17,516
in Healthcare & Social Assistance (17,684 peers)
+70.4%
assets growth YoY
12×
vs typical plan assets (national mean)

Northwell Health 401(k) Plan's outsized position by total assets

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

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

$1,232,535,415 Top 1% higher than 99% 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

Northwell Health 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northwell Health 401(k) Plan is a mega filing (45,191 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northwell Health 401(k) Plan reported net income rose from $107M in the plan year 2022 filing to $509M in the plan year 2023 filing.
  • Northwell Health 401(k) Plan end-of-year assets rose from $723M in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Northwell Health 401(k) Plan reported participants rose from 26,650 in the plan year 2022 filing to 45,191 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 113418133 · Northwell Health, Inc. PY 2023 · 401(k)

Northwell Health 401(k) Plan · $1.2B · 45,191 · 99th

  • BOY $1.2B
  • SCH 45,191
  • EBSA 99th
  • PART 401(k)
  • TYPE near Cook Group Inc. Profit Sharing Plan
  • NET ind #17516

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 New York →

Northwell Health 401(k) Plan in the asset neighbourhood

Northwell Health 401(k) Plan$1.2BCook Group Inc. Profit Sharing PlanCook Group Inc. Profit Shari…$1.2BHanford Operations and Engineering Investment PlanHanford Operations and Engin…$1.2BCbiz, Inc. Retirement Savings PlanCbiz, Inc. Retirement Saving…$1.2BWindstream 401(k) Plan$1.2B
End-of-year total assets ($B) among Northwell Health 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$723M
Net Assets (End of Year)$1.2B
Net Income$509M
Employer EIN113418133
Plan Effective Date1994-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwell Health, Inc.)

Sponsor-wide plan assets over time

All Northwell Health, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15.6B 35.16717418173857% vs 2022
2024 filing year
$10B$12B$14B$16B$18B 202220232024 $11.6B $15.6B ▲ +35.2%
Year Plans Participants Total Assets
2022 4 106,497 $11.5B
2023 3 122,226 $13.9B
2024 3 108,023 $15.6B

Nearby 401(k) Plans in New York

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

Northwell Health 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -20020406080 Total assets ($B) Participants Northwell Health 401(k) Plan, Total assets ($B): 1.232535415 · Participants: 45191Northwell Health 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Northwell Health 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Scale composition for Northwell Health 401(k) Plan

Northwell Health 401(k) Plan reports $1.2B in end-of-year assets across 45,191 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.048% of 93,925,755 covered participants) - about $27,274 per participant (20% of the national average assets-per-participant) . Net income for plan year 2023 was $509M.

This plan identity (EIN 113418133, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $723M to $1.9B (+155.9%) while covered participants moved from 26,650 to 36,562 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 26,650 $723M Open filing
2023 45,191 $1.2B This page
2024 · index core 36,562 $1.9B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

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

Outside New York, the nearest 401(k) by assets is Cook Group Inc. Profit Sharing Plan in IN ($1.2B); by covered participants it is Lifepoint Health, Inc. Retirement Plan in TN (45,359 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (45,191 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 Northwell Health 401(k) Plan assets move in 2023? ▼
Northwell Health 401(k) Plan surged - up 70.4% during 2023, from $723M to $1.2B. Reported net income was $509M.
How have Northwell Health, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northwell Health, Inc.'s sponsor-wide assets grew 35.2%, from $11.5B to $15.6B.
Where does Northwell Health 401(k) Plan rank by assets among Form 5500 filers? ▼
Northwell Health 401(k) Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Northwell Health 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cook Group Inc. Profit Sharing Plan in IN ($1.2B, 9,272 participants).
Which 401(k) plans cover a similar participant headcount to Northwell Health 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lifepoint Health, Inc. Retirement Plan in TN (45,359 participants, $2.3B in assets).