Defined Benefit (Pension) · DOL Form 5500 · 2022

Northwestern Memorial Hospital Pension Plan

Data updated 2026-08-11

$600M
Total assets
2,331
Participants
98th
Percentile by assets
$257,514
Avg per participant
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Official DOL plan name: Northwestern Memorial Hospital Employees' Pension Plan · Sponsored by Northwestern Memorial Hospital · Illinois · Healthcare & Social Assistance

$600M in assets, 2,331 participants

Northwestern Memorial Hospital's Northwestern Memorial Hospital Employees' Pension Plan reported $600M in total assets and 2,331 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #19,746 in Healthcare & Social Assistance (20,060 peers)

Coverage in Illinois

Northwestern Memorial Hospital Employees' Pension Plan covers 2,331 participants in Illinois, 3.0x the typical Illinois plan (state average ~779 per filing). Assets: $600M.

$600M
total plan assets (2022 EOY)
2,331
covered participants
98th
percentile by assets (of 139,126 plans)
$257,514
avg assets per participant

The plan reported a net loss of $130M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Northwestern Memorial Hospital Employees' Pension Plan reports 2,331 participants - 3.0x that state average ($600M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$731M
Net Assets (End of Year)$600M
Net Income-$130M
Employer EIN370960170
Plan Effective Date1974-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwestern Memorial Hospital)

$580M$600M$620M$640M$660M 202220232024 $600M $642M â–˛ +7.0%
Total plan assets by year, all Northwestern Memorial Hospital plans on file
Year Plans Participants Total Assets
2022 1 2,331 $600M
2023 1 2,147 $648M
2024 1 2,012 $642M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Northwestern Memorial Hospital Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Northwestern Memorial Hospital Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Northwestern Memoria…Central States, Sout…State Farm Insurance…United Food & Commer…John Deere Pension P…Abbott Laboratories …
Northwestern Memorial Hospital Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Northwestern Memorial Hospital Employees' Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Northwestern Memorial Hospital Employees' Pension Plan assets move in 2022?
Northwestern Memorial Hospital Employees' Pension Plan declined sharply - down 17.9% during 2022, from $731M to $600M. Reported net income was -$130M.
How have Northwestern Memorial Hospital plan assets changed over time?
Across 3 plan years on file (2022-2024), Northwestern Memorial Hospital's sponsor-wide assets grew 7.0%, from $600M to $642M.
Where does Northwestern Memorial Hospital Employees' Pension Plan rank by assets among Form 5500 filers?
Northwestern Memorial Hospital Employees' Pension Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Northwestern Memorial Hospital Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ng Es Union Represented Employees Pension Plan in VA ($601M, 992 participants).

Next read for Northwestern Memorial Hospital Employees…

Filing takeaways

Ways to act on Northwestern Memorial Hospital Employees' Pension Plan's numbers.