401(k) · DOL Form 5500 · 2024

Henry Ford Health System 401(k) Plan

Data updated 2026-08-11

$932M
Total assets
18,400
Participants
98th
Percentile by assets
$50,662
Avg per participant
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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.

  • 98th percentile by assets (of 123,622 plans)
  • #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.

$932M
total plan assets (2024 EOY)
18,400
covered participants
98th
percentile by assets (of 123,622 plans)
$50,662
avg assets per participant

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 →

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Henry Ford Health System Ambassador 403(b) Plan reports 18,400 participants - 29x that state average ($932M EOY assets).

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)

$2.5B$3B$3.5B$4B$4.5B 202220232024 $3.1B $4.2B ▲ +35.5%
Total plan assets by year, all Henry Ford Health System plans on file
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

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 Sy…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Henry Ford Health System Ambassador 403(b) Plan by total assets, not by location.

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).

Next read for Henry Ford Health System Ambassador 403(…

Filing takeaways

Ways to act on Henry Ford Health System Ambassador 403(b) Plan's numbers.