Defined Benefit (Pension) · DOL Form 5500 · 2023
Mymichigan Health Pension Plan
Data updated 2026-08-11
- $17K
- Total assets
- 3,858
- Participants
- 2nd
- Percentile by assets
- $5
- Avg per participant
Official DOL plan name: Mymichigan Health Employees' Pension Plan · Sponsored by Mymichigan Health · Michigan · Healthcare & Social Assistance
$17K in assets, 3,858 participants
Mymichigan Health's Mymichigan Health Employees' Pension Plan reported $17K in total assets and 3,858 participants in its 2023 DOL Form 5500 filing, ranking in the 2nd 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.
- 2nd percentile by assets (of 127,072 plans)
- #255 in Healthcare & Social Assistance (17,684 peers)
Coverage in Michigan
Mymichigan Health Employees' Pension Plan covers 3,858 participants in Michigan, 6.0x the typical Michigan plan (state average ~638 per filing). Assets: $17K.
- $17K
- total plan assets (2023 EOY)
- 3,858
- covered participants
- 2nd
- percentile by assets (of 127,072 plans)
- $5
- avg assets per participant
The plan reported a net loss of $202M 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
- Mymichigan Health Employees' Pension Plan end-of-year assets fell from $204M in the plan year 2022 filing to $17K in the plan year 2023 filing.
- Mymichigan Health Employees' Pension Plan reported net income fell from -$110M in the plan year 2022 filing to -$202M in the plan year 2023 filing.
- Mymichigan Health Employees' Pension Plan reported participants fell from 4,501 in the plan year 2022 filing to 3,858 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Mymichigan Health Employees' Pension Plan reports 3,858 participants - 6.0x that state average ($17K EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $204M |
|---|---|
| Net Assets (End of Year) | N/A |
| Net Income | -$202M |
| Employer EIN | 382459948 |
| Plan Effective Date | 1964-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mymichigan Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 10,685 | $941M |
| 2023 | 3 | 10,736 | $872M |
| 2024 | 2 | 8,104 | $1.0B |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Mymichigan Health Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Mymichigan Health Employees' Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Mymichigan Health Employees' Pension Plan assets move in 2023? ▼
How have Mymichigan Health plan assets changed over time? ▼
Where does Mymichigan Health Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Mymichigan Health Employees' Pension Plan? ▼
Next read for Mymichigan Health Employees' Pension Pla…
Filing takeaways
Ways to act on Mymichigan Health Employees' Pension Plan's numbers.
- By total assets, Mymichigan Health Employees' Pension Plan ranks among the smaller plans by assets on file. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
- Mymichigan Health's sponsor-wide assets have grown 7.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans