Defined Benefit (Pension) · DOL Form 5500 · 2023
Northwell Health, Inc. Pension Plan
Data updated 2026-08-11
- $2.7B
- Total assets
- 28,359
- Participants
- 99th
- Percentile by assets
- $96,605
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $2.7B
- total plan assets (2023 EOY)
- 28,359
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $96,605
- avg assets per participant
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.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Northwell Health Pension Plan reports 28,359 participants - 36x that state average ($2.7B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $2.5B |
|---|---|
| Net Assets (End of Year) | $2.7B |
| Net Income | $212M |
| Employer EIN | 113418133 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northwell Health, Inc.)
| 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
- IBM Personal Pension Plan $25.0B · 14,881
- Consolidated Edison Retirement Plan $16.2B · 10,779
- 1199seiu Health Care Employees Pension Fund $16.2B · 107,582
- Pfizer Consolidated Pension Plan $11.0B · 9,616
- Pepsico Employees Retirement Plan I $7.6B · 12,289
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 403(b) Plan (Other, $10.9B, 44,511 participants)
- Northwell Health Pension Plan (Defined Benefit (Pension), $2.8B, 26,950 participants)
- Northwell Health 401(k) Plan (401(k), $1.9B, 36,562 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Northwell Health Pension Plan by total assets, not by location.
- Valero Energy Corporation Pension Plan (TX) $2.7B · 6,956
- American Airlines, Inc. Pilot Retirement Benefit Program (TX) $2.7B · 5,430
- Pipe Fitters Retirement Fund, Local 597 (IL) $2.7B · 6,266
- University of Pennsylvania Health Sysytem Pension Plan (PA) $2.8B · 8,369
Frequently Asked Questions
How did Northwell Health Pension Plan assets move in 2023? ▼
How have Northwell Health, Inc. plan assets changed over time? ▼
Where does Northwell Health Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Northwell Health Pension Plan? ▼
Next read for Northwell Health Pension Plan
Filing takeaways
Ways to act on Northwell Health Pension Plan's numbers.
- By total assets, Northwell Health Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Northwell Health, Inc.'s sponsor-wide assets have grown 35.2% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans