Other · DOL Form 5500 · 2024
Corewell Health Retirement Plan
Data updated 2026-07-24
- $3.2B
- Total assets
- 32,821
- Participants
- 100th
- Percentile by assets
- $97,920
- Avg per participant
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.
- 100th percentile by assets (of 116,472 plans)
Coverage in Michigan
Spectrum Health System 403(b) Plan covers 32,821 participants in Michigan, 52x the typical Michigan plan (state average ~632 per filing). Assets: $3.2B.
- $3.2B
- total plan assets (2024 EOY)
- 32,821
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $97,920
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 632 participants across 3,963 plans. Spectrum Health System 403(b) Plan reports 32,821 participants - 52x that state average ($3.2B EOY assets).
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)
| 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.
Spectrum Health System 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants
- 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
Similar-Sized Other Plans Nationally
Other plans in other states closest to Spectrum Health System 403(b) Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Spectrum Health System 403(b) Plan assets move in 2024? ▼
How have Corewell Health plan assets changed over time? ▼
Where does Spectrum Health System 403(b) Plan rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to Spectrum Health System 403(b) Plan? ▼
Next read for Spectrum Health System 403(b) Plan
Filing takeaways
Ways to act on Spectrum Health System 403(b) Plan's numbers.
- By total assets, Spectrum Health System 403(b) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Michigan. Compare plans
- Corewell Health's sponsor-wide assets have grown 33.3% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans
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 383382353.
Read our methodology - how this data is sourced, computed, and verified.