Employer · plans filed under one EIN
Northwell Health, Inc.
Westbury, NY · Health care and social assistance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Northwell Health, Inc., based in Westbury, New York, sponsors 3 retirement plans with 100 or more participants: 2 defined contribution and 1 defined benefit. Together they reported 151,608 participant records and $15.5B in net assets.
The largest is Northwell Health 403(b) Plan, a 403(b) plan with 65,962 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $327M and participant contributions $646M in the latest plan years; benefits paid were $1.05B. Schedule C compensation reported to service provider organisations totalled $14.0M.
Combined net assets moved from $5.73B in 2018 to $15.5B in 2024 (up 171%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Northwell Health 403(b) Plan | 403(b) plan | 2024 | 65,962 | $10.9B | $165,543 | $3,083 | $3.2M |
| Northwell Health 401(k) Plan | 401(k) plan | 2024 | 43,550 | $1.85B | $42,494 | $4,641 | $1.7M |
| Northwell Health Pension Plan | cash balance pension plan | 2024 | 42,096 | $2.74B | $65,187 | — | $9.2M |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 3 | 151,608 | $15.5B | $327M | $646M |
| 2023 | 3 | 147,135 | $13.8B | $269M | $595M |
| 2022 | 3 | 159,263 | $11.5B | $233M | $514M |
| 2021 | 2 | 92,761 | $10.4B | $172M | $469M |
| 2020 | 2 | 80,579 | $8.93B | $179M | $416M |
| 2019 | 2 | 84,053 | $7.18B | $174M | $378M |
| 2018 | 2 | 69,707 | $5.73B | $153M | $344M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Transamerica Retirement Solutions | Claims processing; Recordkeeping and information management; Investment management; Participant loan processing | 2 | $4,500,040 |
| Blackstone | Investment management | 1 | $1,805,502 |
| Towers Watson | Actuarial | 1 | $1,005,244 |
| Northern Trust Company | Trustee (bank, trust company, or similar financial institution) | 1 | $751,400 |
| Eagle Capital Management, LLC | Investment management | 1 | $696,414 |
| Edgewood Management LLC | Investment advisory (plan) | 1 | $596,442 |
| Buck Global LLC | Actuarial | 1 | $509,248 |
| Morgan Stanley Investment Mgmt. Inc. | Investment management | 1 | $509,039 |
| MFS Institutional Advisors | Investment management | 1 | $371,090 |
| Nisa Investment Advisors | Investment management | 1 | $313,457 |
| Mercer Investment Management | Investment management | 1 | $310,605 |
| Loomis Sayles Trust Company LLC | Investment management | 1 | $285,774 |
| Burgundy Asset Management | — | 1 | $223,150 |
| Rocaton Investment Advisors | Investment advisory (plan) | 2 | $122,571 |
| Ernst & Young, LLP | Accounting (including auditing) | 1 | $68,950 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Northwell Health, Inc. have?
3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Northwell Health 403(b) Plan, Northwell Health 401(k) Plan and Northwell Health Pension Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Northwell Health, Inc. contribute to its plans?
$326,693,353 in employer contributions across these plans in their latest plan years, about $2,890 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Transamerica Retirement Solutions, Blackstone, Towers Watson and Northern Trust Company and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.