401(k) · DOL Form 5500 · 2022

Memorial Health System 401(k) Plan

Data updated 2026-08-11

$475M
Total assets
8,299
Participants
98th
Percentile by assets
$57,268
Avg per participant
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Official DOL plan name: Memorial Health System Defined Contribution Retirement Savings Plan · Sponsored by Memorial Health System · Illinois · Healthcare & Social Assistance

$475M in assets, 8,299 participants

Memorial Health System's Memorial Health System Defined Contribution Retirement Savings Plan reported $475M in total assets and 8,299 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)
  • #19,658 in Healthcare & Social Assistance (20,060 peers)

Coverage in Illinois

Memorial Health System Defined Contribution Retirement Savings Plan covers 8,299 participants in Illinois, 11x the typical Illinois plan (state average ~779 per filing). Assets: $475M.

$475M
total plan assets (2022 EOY)
8,299
covered participants
98th
percentile by assets (of 139,126 plans)
$57,268
avg assets per participant

The plan reported a net loss of $35M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Memorial Health System Defined Contribution Retirement Savings Plan sits by total assets

Memorial Health System Defined Contribution Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$475,267,597 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,010,000,000 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 2022

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Memorial Health System Defined Contribution Retirement Savings Plan reports 8,299 participants - 11x that state average ($475M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$510M
Net Assets (End of Year)$475M
Net Income-$35M
Employer EIN371110690
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Memorial Health System)

$700M$800M$900M$1,000M$1,100M 202220232024 $1,000M $853M ▼ -14.7%
Total plan assets by year, all Memorial Health System plans on file
Year Plans Participants Total Assets
2022 3 12,245 $1000M
2023 3 11,227 $745M
2024 2 9,025 $853M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Memorial Health System Defined Contribution Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Memorial Health System Defined Contribution Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Memorial Health Syst…State Farm 401(k) Sa…Accenture United Sta…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Memorial Health System Defined Contribution Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Memorial Health System Defined Contribution Retirement Savings Plan

Memorial Health System Defined Contribution Retirement Savings Plan reports $475M in end-of-year assets across 8,299 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $57,268 per participant (41% of the national average assets-per-participant) . Net income for plan year 2022 was -$35M.

This plan identity (EIN 371110690, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $475M to $719M (+51.3%) while covered participants moved from 8,299 to 7,526 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,299 $475M This page
2023 7,935 $618M Open filing
2024 · index core 7,526 $719M Open filing

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Memorial Health System Defined Contribution Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Memorial Health System Defined Contribution Retirement Savings Plan assets move in 2022?
Memorial Health System Defined Contribution Retirement Savings Plan pulled back noticeably - down 6.8% during 2022, from $510M to $475M. Reported net income was -$35M.
How have Memorial Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Memorial Health System's sponsor-wide assets declined 14.7%, from $1000M to $853M.
Where does Memorial Health System Defined Contribution Retirement Savings Plan rank by assets among Form 5500 filers?
Memorial Health System Defined Contribution Retirement Savings 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 401(k) plans are similar in size to Memorial Health System Defined Contribution Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Lendlease 401(k) Plan in NC ($475M, 1,198 participants).

Next read for Memorial Health System Defined Contribut…

Filing takeaways

Ways to act on Memorial Health System Defined Contribution Retirement Savings Plan's numbers.