Defined Benefit (Pension) · DOL Form 5500 · 2024
Northwell Health, Inc. Pension Plan
Data updated 2026-08-11
- $2.8B
- Total assets
- 26,950
- Participants
- 99th
- Percentile by assets
- $105,307
- Avg per participant
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.
- 99th percentile by assets (of 123,622 plans)
- #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.
- $2.8B
- total plan assets (2024 EOY)
- 26,950
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $105,307
- avg assets per participant
Where Northwell Health Pension Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Northwell Health Pension Plan reports 26,950 participants - 34x that state average ($2.8B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $2.7B |
|---|---|
| Net Assets (End of Year) | $2.7B |
| Net Income | $28M |
| Employer EIN | 113418133 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northwell Health, Inc.)
| 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
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
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 403(b) Plan (Other, $10.9B, 44,511 participants)
- Northwell Health 401(k) Plan (401(k), $1.9B, 36,562 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Northwell Health Pension Plan by total assets, not by location.
- Pace Industry Union-Management Pension Fund (TN) $2.8B · 3,134
- Willis Towers Watson Pension Plan for U.S. Employees (VA) $2.8B · 10,677
- University of Pennsylvania Health Sysytem Pension Plan (PA) $2.8B · 7,714
- Frontier Communications Pension Plan (CT) $2.8B · 11,190
Frequently Asked Questions
How did Northwell Health Pension Plan assets move in 2024? ▼
How have Northwell Health, Inc. plan assets changed over time? ▼
Where does Northwell Health Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Northwell Health Pension Plan? ▼
Next read for Northwell Health Pension Plan
Filing takeaways
Ways to act on Northwell Health Pension Plan's numbers.
- By total assets, Northwell Health Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Northwell Health, Inc.'s sponsor-wide assets have grown 35.2% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans