Other · DOL Form 5500 · 2024
Banner Health Retirement Plan
Data updated 2026-07-24
- $173M
- Total assets
- 11,316
- Participants
- 94th
- Percentile by assets
- $15,245
- Avg per participant
Official DOL plan name: Banner Health Employees 403(b) Plan · Sponsored by Banner Health · Arizona · Healthcare & Social Assistance
$173M in assets, 11,316 participants
Banner Health's Banner Health Employees 403(b) Plan reported $173M in total assets and 11,316 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 116,472 plans)
Coverage in Arizona
Banner Health Employees 403(b) Plan covers 11,316 participants in Arizona, 20x the typical Arizona plan (state average ~577 per filing). Assets: $173M.
- $173M
- total plan assets (2024 EOY)
- 11,316
- covered participants
- 94th
- percentile by assets (of 116,472 plans)
- $15,245
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Banner Health Employees 403(b) Plan reported net income fell from $18M in the plan year 2023 filing to $9M in the plan year 2024 filing.
- Banner Health Employees 403(b) Plan end-of-year assets rose from $164M in the plan year 2023 filing to $173M in the plan year 2024 filing.
- Banner Health Employees 403(b) Plan reported participants rose from 11,018 in the plan year 2023 filing to 11,316 in the plan year 2024 filing.
Participants vs Arizona filers
In Arizona, the average filing covers about 577 participants across 2,182 plans. Banner Health Employees 403(b) Plan reports 11,316 participants - 20x that state average ($173M EOY assets).
Arizona filing particulars
| Total Assets (Beginning of Year) | $164M |
|---|---|
| Net Assets (End of Year) | $173M |
| Net Income | $9M |
| Employer EIN | 450233470 |
| Plan Effective Date | 1998-01-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Banner Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 61,171 | $3.8B |
| 2023 | 3 | 63,854 | $4.5B |
| 2024 | 3 | 66,386 | $5.1B |
Nearby Other Plans in Arizona
Peer Other plans, same state, same plan type, ranked by total assets.
Banner Health Employees 403(b) Plan vs. nearby Other plans in Arizona, assets vs. participants
- Honor Health 403(b) Retirement Security Plan $1.2B · 14,781
- Operating Engineers Local 428 Annuity Trust Fund $313M · 7,789
- El Rio Santa Cruz Neighborhood Health Center, Inc. Retirement Plan $180M · 1,976
- Kingman Healthcare, Inc. 403(b) Retirement Plan $114M · 1,897
- Summit Healthcare Regional Medical Center Performance Based Flexible Contribution Retirement Plan $56M · 1,276
Similar-Sized Other Plans Nationally
Other plans in other states closest to Banner Health Employees 403(b) Plan by total assets, not by location.
Frequently Asked Questions
How did Banner Health Employees 403(b) Plan assets move in 2024? ▼
How have Banner Health plan assets changed over time? ▼
Where does Banner Health Employees 403(b) Plan rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to Banner Health Employees 403(b) Plan? ▼
Next read for Banner Health Employees 403(b) Plan
Filing takeaways
Ways to act on Banner Health Employees 403(b) Plan's numbers.
- By total assets, Banner Health Employees 403(b) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Arizona. Compare plans
- Banner Health's sponsor-wide assets have grown 35.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450233470.
Read our methodology - how this data is sourced, computed, and verified.