Other · DOL Form 5500 · 2024
Corewell Health Retirement Plan
Data updated 2026-08-25
- $3.2B
- Total assets Very large vs avg
- 32,821
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $97,920
- Avg per participant Below avg balance/head
Official DOL plan name: Spectrum Health System 403(b) Plan · Sponsored by Corewell Health · Michigan · Healthcare & Social Assistance
$3.2B in assets, 32,821 participants
Corewell Health's Spectrum Health System 403(b) Plan reported $3.2B in total assets and 32,821 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.
- #16,855 in Healthcare & Social Assistance (16,916 peers)
Coverage in Michigan
Spectrum Health System 403(b) Plan covers 32,821 participants in Michigan, 51x the typical Michigan plan (state average ~638 per filing). Assets: $3.2B.
- #16,855
- in Healthcare & Social Assistance (16,916 peers)
- +13.8%
- assets growth YoY
- 32×
- vs typical plan assets (national mean)
Spectrum Health System 403(b) Plan's outsized position by total assets
Spectrum Health System 403(b) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$3,213,825,570 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Spectrum Health System 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. Spectrum Health System 403(b) Plan is a mega filing (32,821 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Spectrum Health System 403(b) Plan reported net income fell from $480M in the plan year 2023 filing to $389M in the plan year 2024 filing.
- Spectrum Health System 403(b) Plan end-of-year assets rose from $2.8B in the plan year 2023 filing to $3.2B in the plan year 2024 filing.
- Spectrum Health System 403(b) Plan reported participants rose from 31,443 in the plan year 2023 filing to 32,821 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 383382353 · Corewell Health PY 2024 · Other
Spectrum Health System 403(b) Plan · $3.2B · 32,821 · 100th
- PCT $3.2B
- EIN 32,821
- RANK 100th
- PHOTO Other
- IND near Memorial Hermann Health System Employees' Retirement Savings Plan
- EOY ind #16855
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 →
Spectrum Health System 403(b) Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $2.8B |
|---|---|
| Net Assets (End of Year) | $3.2B |
| Net Income | $389M |
| Employer EIN | 383382353 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Corewell Health)
Sponsor-wide plan assets over time
All Corewell Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.4B 33.308576535779025% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 29,209 | $2.6B |
| 2023 | 2 | 33,805 | $3.1B |
| 2024 | 2 | 35,007 | $3.4B |
Nearby Other Plans in Michigan
Peer Other plans, same state, same plan type, ranked by total assets.
- Fca US LLC UAW Savings Plan $5.2B · 44,591
- Fca US LLC Salaried Employees' Savings Plan $5.1B · 15,683
- Beaumont Health 403(b) Retirement Savings Plan $3.0B · 34,160
- Henry Ford Health System Heritage 403(b) Plan $1.4B · 14,465
- Bronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan $1.2B · 8,795
Scale composition for Spectrum Health System 403(b) Plan
Spectrum Health System 403(b) Plan reports $3.2B in end-of-year assets across 32,821 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.035% of 93,925,755 covered participants) - about $97,920 per participant (71% of the national average assets-per-participant) . Net income for plan year 2024 was $389M.
This plan identity (EIN 383382353, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.3B to $3.2B (+37.1%) while covered participants moved from 26,631 to 32,821 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 26,631 | $2.3B | Open filing |
| 2023 | 31,443 | $2.8B | Open filing |
| 2024 · index core | 32,821 | $3.2B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Spectrum Health Pension Plan (Defined Benefit (Pension), $229M, 2,186 participants)
Spectrum Health System 403(b) Plan's out-of-state Other peers by assets and headcount
Outside Michigan, the nearest Other by assets is Memorial Hermann Health System Employees' Retirement Savings Plan in TX ($3.3B); by covered participants it is Ochsner Clinic Foundation 403(b) Plan in LA (32,975 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.2B here).
- Memorial Hermann Health System Employees' Retirement Savings Plan (TX) $3.3B · 33,543
- Cornell University Retirement Plan for the Employees of the Endowed Colleges at Ithaca (NY) $3.0B · 14,648
- The Tax Sheltered Annuity Plan of the Methodist Hospital (TX) $3.0B · 32,299
- The Johns Hopkins University Applied Physics Laboratory Pension Plan B (MD) $3.0B · 9,501
Similar participant headcount
Nearest other-state filings by covered participants (32,821 participants); asset peers above are excluded.
- Ochsner Clinic Foundation 403(b) Plan (LA) 32,975 · 154 off
- Nyu Langone Health 403(b) Plan (NY) 32,992 · 171 off
- Vanderbilt University Medical Center Retirement Plan (TN) 31,810 · 1,011 off
- Lhc Group 401(k) Plan (LA) 30,378 · 2,443 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.