Defined Benefit (Pension) · DOL Form 5500 · 2024

Sparrow Health System Pension Plan

Data updated 2026-08-25

$431M
Total assets Above avg plan size
970
Participants Near avg headcount
97th
Percentile by assets National rank
$444,165
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sparrow Health System Associate Pension Plan · Sponsored by Sparrow Health System · Michigan · Healthcare & Social Assistance

$431M in assets, 970 participants

Sparrow Health System's Sparrow Health System Associate Pension Plan reported $431M in total assets and 970 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.

  • #16,395 in Healthcare & Social Assistance (16,916 peers)

Where Sparrow Health System Associate Pension Plan sits by assets

Sparrow Health System Associate Pension Plan sits in the top 5% of all filed plans by assets, $431M for 970 participants (~$444,165/participant), up 6.1% in 2024.

#16,395
in Healthcare & Social Assistance (16,916 peers)
+6.1%
assets growth YoY
4.3×
vs typical plan assets (national mean)

Sparrow Health System Associate Pension Plan's outsized position by total assets

Sparrow Health System Associate Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$430,840,205 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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 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 sits mid-pack in the medium band (970 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sparrow Health System Associate Pension Plan reported net income fell from $34M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Sparrow Health System Associate Pension Plan reported participants fell from 1,080 in the plan year 2023 filing to 970 in the plan year 2024 filing.
  • Sparrow Health System Associate Pension Plan end-of-year assets rose from $406M in the plan year 2023 filing to $431M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 382542859 · Sparrow Health System PY 2024 · Defined Benefit (Pension)

Sparrow Health System Associate Pension Plan · $431M · 970 · 97th

  • EIN $431M
  • RANK 970
  • PHOTO 97th
  • IND Defined Benefit (Pension)
  • EOY near General Retirement Plan for Employees of Carpenter Technology Corporation
  • 5500 ind #16395

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 in the asset neighbourhood

General Retirement Plan for Employees of Carpenter Technology CorporationGeneral Retirement Plan for …$432MSparrow Health System Associate Pension PlanSparrow Health System Associ…$431MThe Associated Press Consolidated Retirement PlanThe Associated Press Consoli…$430MHawaii Pacific Health Retirement PlanHawaii Pacific Health Retire…$430MNational Girl Scout Council Retirement PlanNational Girl Scout Council …$430M
End-of-year total assets ($M) among Sparrow Health System Associate Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$406M
Net Assets (End of Year)$209M
Net Income$25M
Employer EIN382542859
Plan Effective Date1976-01-01
Filing StatusFILING 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
$1B$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.25B $1.77B ▲ +41.6%
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.

Sparrow Health System Associate Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Sparrow Health System Associate Pension Plan, Total assets ($B): 0.430840205 · Participants: 970Sparrow Health System Associate Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Sparrow Health System Associate Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Sparrow Health System Associate Pension Plan side-by-side with 3 peers →

Sparrow Health System Associate Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is General Retirement Plan for Employees of Carpenter Technology Corporation in PA ($432M); by covered participants it is Pension Plan for Employees of Skf USA Inc. in PA (970 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (970 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sparrow Health System Associate Pension Plan assets move in 2024? ▼
Sparrow Health System Associate Pension Plan grew at a solid clip - up 6.1% during 2024, from $406M to $431M. Reported net income was $25M.
How have Sparrow Health System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sparrow Health System's sponsor-wide assets grew 41.8%, from $1.3B to $1.8B.
Where does Sparrow Health System Associate Pension Plan rank by assets among Form 5500 filers? ▼
Sparrow Health System Associate Pension Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sparrow Health System Associate Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is General Retirement Plan for Employees of Carpenter Technology Corporation in PA ($432M, 903 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sparrow Health System Associate Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Employees of Skf USA Inc. in PA (970 participants, $614M in assets).

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 382542859.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.