Defined Benefit (Pension) · DOL Form 5500 · 2024
Sparrow Health System Pension Plan
Data updated 2026-08-25
- $511M
- Total assets Above avg plan size
- 740
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $690,155
- Avg per participant High balance/head
Official DOL plan name: Sparrow Health System Associate Pension Plan A2 · Sponsored by Sparrow Health System · Michigan · Healthcare & Social Assistance
$511M in assets, 740 participants
Sparrow Health System's Sparrow Health System Associate Pension Plan A2 reported $511M in total assets and 740 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #16,460 in Healthcare & Social Assistance (16,916 peers)
Where Sparrow Health System Associate Pension Plan A2 sits by assets
Sparrow Health System Associate Pension Plan A2 sits in the top 5% of all filed plans by assets, $511M for 740 participants (~$690,155/participant), up 70.3% in 2024.
- #16,460
- in Healthcare & Social Assistance (16,916 peers)
- +70.3%
- assets growth YoY
- 5.1×
- vs typical plan assets (national mean)
The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sparrow Health System Associate Pension Plan A2's outsized position by total assets
Sparrow Health System Associate Pension Plan A2 vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$510,714,938 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Sparrow Health System Associate Pension Plan A2 among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sparrow Health System Associate Pension Plan A2 sits mid-pack in the medium band (740 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sparrow Health System Associate Pension Plan A2 reported net income fell from -$3M in the plan year 2023 filing to -$11M in the plan year 2024 filing.
- Sparrow Health System Associate Pension Plan A2 end-of-year assets rose from $300M in the plan year 2023 filing to $511M in the plan year 2024 filing.
- Sparrow Health System Associate Pension Plan A2 reported participants fell from 796 in the plan year 2023 filing to 740 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 382542859 · Sparrow Health System PY 2024 · Defined Benefit (Pension)
Sparrow Health System Associate Pension Plan A2 · $511M · 740 · 97th
- SCH $511M
- SCH 740
- SCH 97th
- SCH Defined Benefit (Pension)
- SCH near Occidental Chemical Corporation Retirement Plan for Niagara Hrly Union Employees
- SCH ind #16460
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Michigan →
Sparrow Health System Associate Pension Plan A2 in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $300M |
|---|---|
| Net Assets (End of Year) | $511M |
| Net Income | -$11M |
| Employer EIN | 382542859 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sparrow Health System)
Sponsor-wide plan assets over time
All Sparrow Health System plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.8B 41.83688551922688% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 9,490 | $1.3B |
| 2023 | 4 | 5,787 | $1.4B |
| 2024 | 4 | 6,294 | $1.8B |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
- Ford Motor Company UAW Retirement Plan $17.8B · 25,742
- Ford Motor Company General Retirement Plan $12.1B · 8,585
- Dow Employees' Pension Plan $10.9B · 6,888
- Fca US LLC UAW Pension Agreement $10.3B · 12,752
Sparrow Health System Associate Pension Plan A2's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is Occidental Chemical Corporation Retirement Plan for Niagara Hrly Union Employees in TX ($511M); by covered participants it is Vulcan Materials Company Pension Plan in AL (740 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($511M here).
Similar participant headcount
Nearest other-state filings by covered participants (740 participants); asset peers above are excluded.
- Vulcan Materials Company Pension Plan (AL) 740 · 0 off
- Ingredion Pension Plan (IL) 741 · 1 off
- Horizon Blue Cross Blue Shield of Nj Employees Retirement Plan II (NJ) 741 · 1 off
- Sheet Metal Workers Local 98 Pension Fund (WV) 741 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.