Profit Sharing · DOL Form 5500 · 2024

Henry Ford Health System Profit Sharing Plan

Data updated 2026-08-25

$1.8B
Total assets Very large vs avg
13,461
Participants Very large workforce
99th
Percentile by assets National rank
$136,555
Avg per participant Near avg balance/head
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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.

  • #16,798 in Healthcare & Social Assistance (16,916 peers)

Coverage in Michigan

Henry Ford Health System Retirement Savings Plan covers 13,461 participants in Michigan, 21x the typical Michigan plan (state average ~638 per filing). Assets: $1.8B.

#16,798
in Healthcare & Social Assistance (16,916 peers)
+6.7%
assets growth YoY
18×
vs typical plan assets (national mean)

Henry Ford Health System Retirement Savings Plan's outsized position by total assets

Henry Ford Health System Retirement Savings Plan vs every filed plan by assets

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

$1,838,163,362 Top 1% higher than 99% 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 Retirement Savings 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 Retirement Savings Plan is a mega filing (13,461 participants), the rightmost band on the breakdown.

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 →

Plan-year Form 5500 strip

Filing strip 381357020 · Henry Ford Health System PY 2024 · Profit Sharing

Henry Ford Health System Retirement Savings Plan · $1.8B · 13,461 · 99th

  • VS-ST $1.8B
  • VS-ST 13,461
  • VS-ST 99th
  • VS-ST Profit Sharing
  • VS-ST near Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO
  • VS-ST ind #16798

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 Retirement Savings Plan in the asset neighbourhood

Baylor College of Medicine Retirement PlanBaylor College of Medicine R…$2.0BHenry Ford Health System Retirement Savings PlanHenry Ford Health System Ret…$1.8BAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOAnnuity Fd of the Iuoe Local…$1.8BPipe Trades Services Mn Pension Supplement FundPipe Trades Services Mn Pens…$1.8BCleveland Clinic Investment Pension PlanCleveland Clinic Investment …$1.8B
End-of-year total assets ($B) among Henry Ford Health System Retirement Savings Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

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)

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 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 Scatter plot of 6 data points. 050001000015000 00.511.52 Total assets ($B) Participants Henry Ford Health System Retirement Savings Plan, Total assets ($B): 1.838163362 · Participants: 13461Henry Ford Health System Retirement Savings PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.339745231 · Participants: 1472Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanIron Workers Defined Contribution Pension Fund Plan, Total assets ($B): 0.231623418 · Participants: 5319Iron Workers Defined Contribution Pension Fund PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.229985274 · Participants: 2755NECA-IBEW Memphis Retirement PlanPlumbers and Pipefitters Local Union 520 Annuity Plan, Total assets ($B): 0.219548504 · Participants: 1639Plumbers and Pipefitters Local Union 520 Annuity PlanIBEW Local No 461 Defined Contribution Pension Plan, Total assets ($B): 0.171548507 · Participants: 1026IBEW Local No 461 Defined Contribution Pension Plan
Henry Ford Health System Retirement Savings Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Scale composition for Henry Ford Health System Retirement Savings Plan

Henry Ford Health System Retirement Savings Plan reports $1.8B in end-of-year assets across 13,461 participants (0.015% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $136,555 per participant (99% of the national average assets-per-participant) . Net income for plan year 2024 was $115M.

This plan identity (EIN 381357020, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $1.8B (+17.6%) while covered participants moved from 15,480 to 13,461 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 15,480 $1.6B Open filing
2023 14,349 $1.7B Open filing
2024 · index core 13,461 $1.8B This page

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

Henry Ford Health System Retirement Savings Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO in NY ($1.8B); by covered participants it is Mid-Atlantic Regional Council of Carpenters' Annuity Fund in MD (13,397 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (13,461 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 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 123,622 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).
Which Profit Sharing plans cover a similar participant headcount to Henry Ford Health System Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Mid-Atlantic Regional Council of Carpenters' Annuity Fund in MD (13,397 participants, $126M in assets).