Defined Benefit (Pension) · DOL Form 5500 · 2024

Northwell Health, Inc. Pension Plan

Data updated 2026-08-25

$2.8B
Total assets Very large vs avg
26,950
Participants Very large workforce
99th
Percentile by assets National rank
$105,307
Avg per participant Below avg balance/head
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Official DOL plan name: Northwell Health Pension Plan · Sponsored by Northwell Health, Inc. · New York · Healthcare & Social Assistance

$2.8B in assets, 26,950 participants

Northwell Health, Inc.'s Northwell Health Pension Plan reported $2.8B in total assets and 26,950 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.

  • #16,840 in Healthcare & Social Assistance (16,916 peers)

Coverage in New York

Northwell Health Pension Plan covers 26,950 participants in New York, 34x the typical New York plan (state average ~798 per filing). Assets: $2.8B.

#16,840
in Healthcare & Social Assistance (16,916 peers)
+3.6%
assets growth YoY
28×
vs typical plan assets (national mean)

Northwell Health Pension Plan's outsized position by total assets

Northwell Health Pension Plan vs every filed plan by assets

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

$2,838,026,562 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

Northwell Health Pension 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. Northwell Health Pension Plan is a mega filing (26,950 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northwell Health Pension Plan reported net income fell from $212M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Northwell Health Pension Plan reported participants fell from 28,359 in the plan year 2023 filing to 26,950 in the plan year 2024 filing.
  • Northwell Health Pension Plan end-of-year assets rose from $2.7B in the plan year 2023 filing to $2.8B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 113418133 · Northwell Health, Inc. PY 2024 · Defined Benefit (Pension)

Northwell Health Pension Plan · $2.8B · 26,950 · 99th

  • 5500 $2.8B
  • ASSETS 26,950
  • PCT 99th
  • EIN Defined Benefit (Pension)
  • RANK near Pace Industry Union-Management Pension Fund
  • PHOTO ind #16840

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 New York →

Northwell Health Pension Plan in the asset neighbourhood

Northwell Health Pension Plan$2.8BPace Industry Union-Management Pension FundPace Industry Union-Manageme…$2.8BWillis Towers Watson Pension Plan for U.S. EmployeesWillis Towers Watson Pension…$2.8BUniversity of Pennsylvania Health Sysytem Pension PlanUniversity of Pennsylvania H…$2.8BFrontier Communications Pension PlanFrontier Communications Pens…$2.8B
End-of-year total assets ($B) among Northwell Health Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$2.7B
Net Assets (End of Year)$2.7B
Net Income$28M
Employer EIN113418133
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwell Health, Inc.)

Sponsor-wide plan assets over time

All Northwell Health, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15.6B 35.16717418173857% vs 2022
2024 filing year
$10B$12B$14B$16B$18B 202220232024 $11.6B $15.6B ▲ +35.2%
Year Plans Participants Total Assets
2022 4 106,497 $11.5B
2023 3 122,226 $13.9B
2024 3 108,023 $15.6B

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Northwell Health Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 05101520 Total assets ($B) Participants Northwell Health Pension Plan, Total assets ($B): 2.838026562 · Participants: 26950Northwell Health Pension PlanIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Northwell Health Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Northwell Health Pension Plan side-by-side with 3 peers →

Scale composition for Northwell Health Pension Plan

Northwell Health Pension Plan reports $2.8B in end-of-year assets across 26,950 participants (0.023% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.029% of 93,925,755 covered participants) - about $105,307 per participant (76% of the national average assets-per-participant) . Net income for plan year 2024 was $28M.

This plan identity (EIN 113418133, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.5B to $2.8B (+13.2%) while covered participants moved from 666 to 26,950 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 666 $2.5B Open filing
2023 28,359 $2.7B Open filing
2024 · index core 26,950 $2.8B This page

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

Northwell Health Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Pace Industry Union-Management Pension Fund in TN ($2.8B); by covered participants it is Merck US Pension Plan in NJ (26,843 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (26,950 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 Northwell Health Pension Plan assets move in 2024? ▼
Northwell Health Pension Plan edged up modestly - up 3.6% during 2024, from $2.7B to $2.8B. Reported net income was $28M.
How have Northwell Health, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northwell Health, Inc.'s sponsor-wide assets grew 35.2%, from $11.5B to $15.6B.
Where does Northwell Health Pension Plan rank by assets among Form 5500 filers? ▼
Northwell Health Pension 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 Defined Benefit (Pension) plans are similar in size to Northwell Health Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pace Industry Union-Management Pension Fund in TN ($2.8B, 3,134 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northwell Health Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Merck US Pension Plan in NJ (26,843 participants, $10.1B in assets).

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 113418133.

Read our methodology - how this data is sourced, computed, and verified.

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