Other · DOL Form 5500 · 2024

Cherry Street Services, Inc. Retirement Plan

Data updated 2026-08-11

$42M
Total assets
749
Participants
82nd
Percentile by assets
$56,690
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Cherry Health 403(b) Retirement Plan · Sponsored by Cherry Street Services, Inc. · Michigan · Healthcare & Social Assistance

$42M in assets, 749 participants

Cherry Street Services, Inc.'s Cherry Health 403(b) Retirement Plan reported $42M in total assets and 749 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 123,622 plans)
  • #14,340 in Healthcare & Social Assistance (16,916 peers)

Where Cherry Health 403(b) Retirement Plan sits by assets

Cherry Health 403(b) Retirement Plan sits in the top quartile of all filed plans by assets, $42M for 749 participants (~$56,690/participant), up 13.6% in 2024.

$42M
total plan assets (2024 EOY)
749
covered participants
82nd
percentile by assets (of 123,622 plans)
$56,690
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cherry Health 403(b) Retirement Plan end-of-year assets rose from $37M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • Cherry Health 403(b) Retirement Plan reported net income fell from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Cherry Health 403(b) Retirement Plan reported participants rose from 726 in the plan year 2023 filing to 749 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Cherry Health 403(b) Retirement Plan vs the 2024 asset distribution

By assets, Cherry Health 403(b) Retirement Plan outranks 82% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$42M
Net Income$5M
Employer EIN382853534
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cherry Street Services, Inc.)

$30M$35M$40M$45M 202220232024 $32.1M $42.5M ▲ +32.4%
Total plan assets by year, all Cherry Street Services, Inc. plans on file
Year Plans Participants Total Assets
2022 1 731 $32M
2023 1 726 $37M
2024 1 749 $42M

Nearby Other Plans in Michigan

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

Cherry Health 403(b) Retirement Plan vs. nearby Other plans in Michigan, assets vs. participants

Cherry Health 403(b) Retirement Plan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Cherry Health 403(b)…Fca US LLC UAW Savin…Fca US LLC Salaried …Spectrum Health Syst…Beaumont Health 403(…Henry Ford Health Sy…
Cherry Health 403(b) Retirement Plan vs. nearby Other plans in Michigan, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Cherry Health 403(b) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Cherry Health 403(b) Retirement Plan assets move in 2024?
Cherry Health 403(b) Retirement Plan grew at a solid clip - up 13.6% during 2024, from $37M to $42M. Reported net income was $5M.
How have Cherry Street Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Cherry Street Services, Inc.'s sponsor-wide assets grew 32.4%, from $32M to $42M.
Where does Cherry Health 403(b) Retirement Plan rank by assets among Form 5500 filers?
Cherry Health 403(b) Retirement Plan ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Cherry Health 403(b) Retirement Plan?
Among Other plans in other states, the closest by assets is National Comprehensive Cancer Network 403(b) DC Plan in PA ($42M, 142 participants).

Scale reading

Ways to act on Cherry Health 403(b) Retirement Plan's numbers.