Henry Ford Health SystemProfit-sharing plan
HENRY FORD HEALTH SYSTEM RETIREMENT SAVINGS PLAN · DETROIT, MI · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Henry Ford Health System reported $690,646 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $3,462 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio has held roughly steady near 0.039%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 17th-largest of 2,619 plans among Michigan employers on file, and the 96th of 11,911 in health care & social assistance. In 2024, the employer put in $1.92 for every $1.00 employees contributed themselves.
Henry Ford Health System's 2024 employer contribution ran below the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 381357020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.