401(k) · DOL Form 5500 · 2024

Henry Ford Health System 401(k) Plan

Data updated 2026-08-25

$932M
Total assets Above avg plan size
18,400
Participants Very large workforce
98th
Percentile by assets National rank
$50,662
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Henry Ford Health System Ambassador 403(b) Plan · Sponsored by Henry Ford Health System · Michigan · Healthcare & Social Assistance

$932M in assets, 18,400 participants

Henry Ford Health System's Henry Ford Health System Ambassador 403(b) Plan reported $932M in total assets and 18,400 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #16,655 in Healthcare & Social Assistance (16,916 peers)

Coverage in Michigan

Henry Ford Health System Ambassador 403(b) Plan covers 18,400 participants in Michigan, 29x the typical Michigan plan (state average ~638 per filing). Assets: $932M.

#16,655
in Healthcare & Social Assistance (16,916 peers)
+50.8%
assets growth YoY
9.4×
vs typical plan assets (national mean)

Henry Ford Health System Ambassador 403(b) Plan's outsized position by total assets

Henry Ford Health System Ambassador 403(b) Plan vs every filed plan by assets

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

$932,181,327 Top 2% higher than 98% 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

Henry Ford Health System Ambassador 403(b) Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Henry Ford Health System Ambassador 403(b) Plan is a mega filing (18,400 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Henry Ford Health System Ambassador 403(b) Plan reported net income rose from $176M in the plan year 2023 filing to $305M in the plan year 2024 filing.
  • Henry Ford Health System Ambassador 403(b) Plan end-of-year assets rose from $618M in the plan year 2023 filing to $932M in the plan year 2024 filing.
  • Henry Ford Health System Ambassador 403(b) Plan reported participants rose from 16,283 in the plan year 2023 filing to 18,400 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 381357020 · Henry Ford Health System PY 2024 · 401(k)

Henry Ford Health System Ambassador 403(b) Plan · $932M · 18,400 · 98th

  • IND $932M
  • IND 18,400
  • IND 98th
  • IND 401(k)
  • IND near Bread Financial 401(k) Plan
  • IND ind #16655

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 →

Henry Ford Health System Ambassador 403(b) Plan in the asset neighbourhood

Susquehanna International Group, LLP 401(k) Profit Sharing PlanSusquehanna International Gr…$934MMichael Baker International 401(k) PlanMichael Baker International …$933MHenry Ford Health System Ambassador 403(b) PlanHenry Ford Health System Amb…$932MBread Financial 401(k) Plan$932MStop & Shop Supermarket Company 401(k) PlanStop & Shop Supermarket Comp…$932M
End-of-year total assets ($M) among Henry Ford Health System Ambassador 403(b) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$618M
Net Assets (End of Year)$932M
Net Income$305M
Employer EIN381357020
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Henry Ford Health System)

Sponsor-wide plan assets over time

All Henry Ford Health System plans reported in each filing year

Latest sponsor-wide plan assets
$4.2B 35.36363166520547% vs 2022
2024 filing year
$2.5B$3B$3.5B$4B$4.5B 202220232024 $3.1B $4.2B ▲ +35.5%
Year Plans Participants Total Assets
2022 5 47,583 $3.1B
2023 4 45,968 $3.6B
2024 4 46,359 $4.2B

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Henry Ford Health System Ambassador 403(b) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 10000200003000040000500006000070000 -50510152025 Total assets ($B) Participants Henry Ford Health System Ambassador 403(b) Plan, Total assets ($B): 0.932181327 · Participants: 18400Henry Ford Health System Ambassador 403(b) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Henry Ford Health System Ambassador 403(b) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Scale composition for Henry Ford Health System Ambassador 403(b) Plan

Henry Ford Health System Ambassador 403(b) Plan reports $932M in end-of-year assets across 18,400 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.020% of 93,925,755 covered participants) - about $50,662 per participant (37% of the national average assets-per-participant) . Net income for plan year 2024 was $305M.

This plan identity (EIN 381357020, plan #016) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $441M to $932M (+111.4%) while covered participants moved from 14,988 to 18,400 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 14,988 $441M Open filing
2023 16,283 $618M Open filing
2024 · index core 18,400 $932M This page

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Henry Ford Health System Ambassador 403(b) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Bread Financial 401(k) Plan in OH ($932M); by covered participants it is The 401(k) Plan for Permanente Medical Groups in CA (18,392 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($932M here).

Similar participant headcount

Nearest other-state filings by covered participants (18,400 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 Henry Ford Health System Ambassador 403(b) Plan assets move in 2024? ▼
Henry Ford Health System Ambassador 403(b) Plan surged - up 50.8% during 2024, from $618M to $932M. Reported net income was $305M.
How have Henry Ford Health System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Henry Ford Health System's sponsor-wide assets grew 35.4%, from $3.1B to $4.2B.
Where does Henry Ford Health System Ambassador 403(b) Plan rank by assets among Form 5500 filers? ▼
Henry Ford Health System Ambassador 403(b) Plan ranks in the 98th 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 401(k) plans are similar in size to Henry Ford Health System Ambassador 403(b) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bread Financial 401(k) Plan in OH ($932M, 6,062 participants).
Which 401(k) plans cover a similar participant headcount to Henry Ford Health System Ambassador 403(b) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The 401(k) Plan for Permanente Medical Groups in CA (18,392 participants, $6.5B in assets).