Defined Benefit (Pension) · DOL Form 5500 · 2023

Northwell Health, Inc. Pension Plan

Data updated 2026-08-25

$2.7B
Total assets Very large vs avg
28,359
Participants Very large workforce
99th
Percentile by assets National rank
$96,605
Avg per participant Below avg balance/head
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Official DOL plan name: Northwell Health Pension Plan · Sponsored by Northwell Health, Inc. · New York · Healthcare & Social Assistance

$2.7B in assets, 28,359 participants

Northwell Health, Inc.'s Northwell Health Pension Plan reported $2.7B in total assets and 28,359 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.

  • #17,619 in Healthcare & Social Assistance (17,684 peers)

Coverage in New York

Northwell Health Pension Plan covers 28,359 participants in New York, 36x the typical New York plan (state average ~798 per filing). Assets: $2.7B.

#17,619
in Healthcare & Social Assistance (17,684 peers)
+9.3%
assets growth YoY
27×
vs typical plan assets (national mean)

Northwell Health Pension Plan's outsized position by total assets

Northwell Health Pension Plan vs every filed plan by assets

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

$2,739,617,945 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 Pension 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 Pension Plan is a mega filing (28,359 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northwell Health Pension Plan reported participants rose from 666 in the plan year 2022 filing to 28,359 in the plan year 2023 filing.
  • Northwell Health Pension Plan reported net income rose from -$45M in the plan year 2022 filing to $212M in the plan year 2023 filing.
  • Northwell Health Pension Plan end-of-year assets rose from $2.5B in the plan year 2022 filing to $2.7B 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 · Defined Benefit (Pension)

Northwell Health Pension Plan · $2.7B · 28,359 · 99th

  • PHOTO $2.7B
  • IND 28,359
  • EOY 99th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Valero Energy Corporation Pension Plan
  • PCT ind #17619

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 Pension Plan in the asset neighbourhood

University of Pennsylvania Health Sysytem Pension PlanUniversity of Pennsylvania H…$2.8BNorthwell Health Pension Plan$2.7BValero Energy Corporation Pension PlanValero Energy Corporation Pe…$2.7BAmerican Airlines, Inc. Pilot Retirement Benefit ProgramAmerican Airlines, Inc. Pilo…$2.7BPipe Fitters Retirement Fund, Local 597Pipe Fitters Retirement Fund…$2.7B
End-of-year total assets ($B) among Northwell Health Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$2.5B
Net Assets (End of Year)$2.7B
Net Income$212M
Employer EIN113418133
Plan Effective Date1989-01-01
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 Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Northwell Health Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 051015202530 Total assets ($B) Participants Northwell Health Pension Plan, Total assets ($B): 2.739617945 · Participants: 28359Northwell Health Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Northwell Health Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Northwell Health Pension Plan side-by-side with 3 peers →

Scale composition for Northwell Health Pension Plan

Northwell Health Pension Plan reports $2.7B in end-of-year assets across 28,359 participants (0.022% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.030% of 93,925,755 covered participants) - about $96,605 per participant (70% of the national average assets-per-participant) . Net income for plan year 2023 was $212M.

This plan identity (EIN 113418133, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.5B to $2.8B (+13.2%) while covered participants moved from 666 to 26,950 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 666 $2.5B Open filing
2023 28,359 $2.7B This page
2024 · index core 26,950 $2.8B Open filing

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

Northwell Health Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Valero Energy Corporation Pension Plan in TX ($2.7B); by covered participants it is Intermountain Healthcare Pension Plan in UT (28,140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (28,359 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 Pension Plan assets move in 2023? ▼
Northwell Health Pension Plan grew at a solid clip - up 9.3% during 2023, from $2.5B to $2.7B. Reported net income was $212M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Northwell Health Pension 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 Defined Benefit (Pension) plans are similar in size to Northwell Health Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Valero Energy Corporation Pension Plan in TX ($2.7B, 6,956 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northwell Health Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Intermountain Healthcare Pension Plan in UT (28,140 participants, $3.2B 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 113418133.

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.