Profit Sharing · DOL Form 5500 · 2023

University Physician Group Profit Sharing Plan

Data updated 2026-08-11

$52M
Total assets
326
Participants
86th
Percentile by assets
$158,579
Avg per participant
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Official DOL plan name: University Physician Group 401(a) Retirement Plan · Sponsored by University Physician Group · Michigan · Healthcare & Social Assistance

$52M in assets, 326 participants

University Physician Group's University Physician Group 401(a) Retirement Plan reported $52M in total assets and 326 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 127,072 plans)
  • #15,562 in Healthcare & Social Assistance (17,684 peers)

Where University Physician Group 401(a) Retirement Plan sits by assets

University Physician Group 401(a) Retirement Plan sits in the top quartile of all filed plans by assets, $52M for 326 participants (~$158,579/participant), up 6.6% in 2023.

$52M
total plan assets (2023 EOY)
326
covered participants
86th
percentile by assets (of 127,072 plans)
$158,579
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • University Physician Group 401(a) Retirement Plan reported net income rose from -$14M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • University Physician Group 401(a) Retirement Plan end-of-year assets rose from $49M in the plan year 2022 filing to $52M in the plan year 2023 filing.
  • University Physician Group 401(a) Retirement Plan reported participants fell from 344 in the plan year 2022 filing to 326 in the plan year 2023 filing.

See the national 2022→2023 release diff →

University Physician Group 401(a) Retirement Plan vs the 2023 asset distribution

By assets, University Physician Group 401(a) Retirement Plan outranks 86% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$52M
Net Income$3M
Employer EIN383474766
Plan Effective Date2006-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (University Physician Group)

$100M$120M$140M$160M$180M 202220232024 $120M $157M ▲ +31.6%
Total plan assets by year, all University Physician Group plans on file
Year Plans Participants Total Assets
2022 2 1,010 $120M
2023 2 987 $138M
2024 2 976 $157M

Nearby Profit Sharing Plans in Michigan

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

University Physician Group 401(a) Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

University Physician Group 401(a) Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants University Physician…Henry Ford Health Sy…Construction Industr…Ohio Carpenters' Ann…Hemlock Semiconducto…NECA-IBEW Memphis Re…
University Physician Group 401(a) Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to University Physician Group 401(a) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did University Physician Group 401(a) Retirement Plan assets move in 2023?
University Physician Group 401(a) Retirement Plan grew at a solid clip - up 6.6% during 2023, from $49M to $52M. Reported net income was $3M.
How have University Physician Group plan assets changed over time?
Across 3 plan years on file (2022-2024), University Physician Group's sponsor-wide assets grew 31.6%, from $120M to $157M.
Where does University Physician Group 401(a) Retirement Plan rank by assets among Form 5500 filers?
University Physician Group 401(a) Retirement Plan ranks in the 86th 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 Profit Sharing plans are similar in size to University Physician Group 401(a) Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is The Population Services International Retirement Plan in DC ($52M, 247 participants).

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