Profit Sharing · DOL Form 5500 · 2024

Henry Ford Health System Profit Sharing Plan

Data updated 2026-07-24

$1.8B
Total assets
13,461
Participants
99th
Percentile by assets
$136,555
Avg per participant
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Official DOL plan name: Henry Ford Health System Retirement Savings Plan · Sponsored by Henry Ford Health System · Michigan · Healthcare & Social Assistance

$1.8B in assets, 13,461 participants

Henry Ford Health System's Henry Ford Health System Retirement Savings Plan reported $1.8B in total assets and 13,461 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 116,472 plans)

Coverage in Michigan

Henry Ford Health System Retirement Savings Plan covers 13,461 participants in Michigan, 21x the typical Michigan plan (state average ~632 per filing). Assets: $1.8B.

$1.8B
total plan assets (2024 EOY)
13,461
covered participants
99th
percentile by assets (of 116,472 plans)
$136,555
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Henry Ford Health System Retirement Savings Plan reported net income fell from $161M in the plan year 2023 filing to $115M in the plan year 2024 filing.
  • Henry Ford Health System Retirement Savings Plan end-of-year assets rose from $1.7B in the plan year 2023 filing to $1.8B in the plan year 2024 filing.
  • Henry Ford Health System Retirement Savings Plan reported participants fell from 14,349 in the plan year 2023 filing to 13,461 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Henry Ford Health System Retirement Savings Plan reports 13,461 participants - 21x that state average ($1.8B EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$1.8B
Net Income$115M
Employer EIN381357020
Plan Effective Date1989-01-01
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 Profit Sharing Plans in Michigan

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

Henry Ford Health System Retirement Savings Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Henry Ford Health System Retirement Savings Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. 050001000015000 00.511.52 Total assets ($B) Participants Henry Ford Health Sy…Hemlock Semiconducto…Iron Workers Defined…NECA-IBEW Memphis Re…Plumbers and Pipefit…IBEW Local No 461 De…
Henry Ford Health System Retirement Savings Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Henry Ford Health System Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Henry Ford Health System Retirement Savings Plan assets move in 2024?
Henry Ford Health System Retirement Savings Plan grew at a solid clip - up 6.7% during 2024, from $1.7B to $1.8B. Reported net income was $115M.
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 Retirement Savings Plan rank by assets among Form 5500 filers?
Henry Ford Health System Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Profit Sharing plans are similar in size to Henry Ford Health System Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO in NY ($1.8B, 5,817 participants).

Next read for Henry Ford Health System Retirement Savi…

Filing takeaways

Ways to act on Henry Ford Health System Retirement Savings Plan's numbers.

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 381357020.

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