Other · DOL Form 5500 · 2022

Swedishamerican Health System Retirement Plan

Data updated 2026-08-11

$321M
Total assets
3,571
Participants
97th
Percentile by assets
$90,014
Avg per participant
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Official DOL plan name: Swedishamerican 403(b) Incentivesaver Plan · Sponsored by Swedishamerican Health System · Illinois · Healthcare & Social Assistance

$321M in assets, 3,571 participants

Swedishamerican Health System's Swedishamerican 403(b) Incentivesaver Plan reported $321M in total assets and 3,571 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,518 in Healthcare & Social Assistance (20,060 peers)

Coverage in Illinois

Swedishamerican 403(b) Incentivesaver Plan covers 3,571 participants in Illinois, 4.6x the typical Illinois plan (state average ~779 per filing). Assets: $321M.

$321M
total plan assets (2022 EOY)
3,571
covered participants
97th
percentile by assets (of 139,126 plans)
$90,014
avg assets per participant

The plan reported a net loss of $53M 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. Swedishamerican 403(b) Incentivesaver Plan reports 3,571 participants - 4.6x that state average ($321M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$375M
Net Assets (End of Year)$321M
Net Income-$53M
Employer EIN363241458
Plan Effective Date1987-02-07
Filing StatusFILING RECEIVED

Sponsor Plan History (Swedishamerican Health System)

$200M$400M$600M$800M 202220232024 $334M $414M ▲ +24.0%
Total plan assets by year, all Swedishamerican Health System plans on file
Year Plans Participants Total Assets
2022 2 3,650 $334M
2023 4 7,061 $737M
2024 2 3,823 $414M

Nearby Other Plans in Illinois

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

Swedishamerican 403(b) Incentivesaver Plan vs. nearby Other plans in Illinois, assets vs. participants

Swedishamerican 403(b) Incentivesaver Plan vs. nearby Other plans in Illinois, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 02468 Total assets ($B) Participants Swedishamerican 403(…Washington Universit…Northwestern Univers…The University of Ch…Northshore Universit…The University of Ch…
Swedishamerican 403(b) Incentivesaver Plan vs. nearby Other plans in Illinois, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Swedishamerican 403(b) Incentivesaver Plan by total assets, not by location.

Frequently Asked Questions

How did Swedishamerican 403(b) Incentivesaver Plan assets move in 2022?
Swedishamerican 403(b) Incentivesaver Plan pulled back noticeably - down 14.2% during 2022, from $375M to $321M. Reported net income was -$53M.
How have Swedishamerican Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Swedishamerican Health System's sponsor-wide assets grew 24.0%, from $334M to $414M.
Where does Swedishamerican 403(b) Incentivesaver Plan rank by assets among Form 5500 filers?
Swedishamerican 403(b) Incentivesaver Plan ranks in the 97th 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 Other plans are similar in size to Swedishamerican 403(b) Incentivesaver Plan?
Among Other plans in other states, the closest by assets is Clarkson University Pension Plan in NY ($321M, 683 participants).

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Filing takeaways

Ways to act on Swedishamerican 403(b) Incentivesaver Plan's numbers.