Other · DOL Form 5500 · 2022

Memorial Health System Retirement Plan

Data updated 2026-08-11

$120M
Total assets
2,406
Participants
94th
Percentile by assets
$50,043
Avg per participant
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Official DOL plan name: Memorial Health System 403(b) Plan · Sponsored by Memorial Health System · Illinois · Healthcare & Social Assistance

$120M in assets, 2,406 participants

Memorial Health System's Memorial Health System 403(b) Plan reported $120M in total assets and 2,406 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #18,971 in Healthcare & Social Assistance (20,060 peers)

Coverage in Illinois

Memorial Health System 403(b) Plan covers 2,406 participants in Illinois, 3.1x the typical Illinois plan (state average ~779 per filing). Assets: $120M.

$120M
total plan assets (2022 EOY)
2,406
covered participants
94th
percentile by assets (of 139,126 plans)
$50,043
avg assets per participant

The plan reported a net loss of $41M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Memorial Health System 403(b) Plan sits by total assets

Memorial Health System 403(b) Plan vs every filed plan by assets

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

$120,403,571 Top 6% higher than 94% 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 403(b) Plan reports 2,406 participants - 3.1x that state average ($120M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$162M
Net Assets (End of Year)$120M
Net Income-$41M
Employer EIN371110690
Plan Effective Date1987-01-01
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 Other Plans in Illinois

Peer Other plans, same state, same plan type, ranked by total assets.

Memorial Health System 403(b) Plan vs. nearby Other plans in Illinois, assets vs. participants

Memorial Health System 403(b) Plan vs. nearby Other plans in Illinois, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -202468 Total assets ($B) Participants Memorial Health Syst…Washington Universit…Northwestern Univers…The University of Ch…Northshore Universit…The University of Ch…
Memorial Health System 403(b) Plan vs. nearby Other plans in Illinois, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Memorial Health System 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Memorial Health System 403(b) Plan assets move in 2022?
Memorial Health System 403(b) Plan declined sharply - down 25.5% during 2022, from $162M to $120M. Reported net income was -$41M.
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 403(b) Plan rank by assets among Form 5500 filers?
Memorial Health System 403(b) Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to Memorial Health System 403(b) Plan?
Among Other plans in other states, the closest by assets is Robert Wood Johnson Foundation Qualified Retirement Plan in NJ ($120M, 298 participants).

Filing takeaways

Ways to act on Memorial Health System 403(b) Plan's numbers.