Defined Benefit (Pension) · DOL Form 5500 · 2023

Northwestern Memorial Hospital Pension Plan

Data updated 2026-08-25

$648M
Total assets Above avg plan size
2,147
Participants Near avg headcount
98th
Percentile by assets National rank
$301,683
Avg per participant High balance/head
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Official DOL plan name: Northwestern Memorial Hospital Employees' Pension Plan · Sponsored by Northwestern Memorial Hospital · Illinois · Healthcare & Social Assistance

$648M in assets, 2,147 participants

Northwestern Memorial Hospital's Northwestern Memorial Hospital Employees' Pension Plan reported $648M in total assets and 2,147 participants in its 2023 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.

  • #17,340 in Healthcare & Social Assistance (17,684 peers)

Coverage in Illinois

Northwestern Memorial Hospital Employees' Pension Plan covers 2,147 participants in Illinois, 2.8x the typical Illinois plan (state average ~779 per filing). Assets: $648M.

#17,340
in Healthcare & Social Assistance (17,684 peers)
+7.9%
assets growth YoY
6.5×
vs typical plan assets (national mean)

Northwestern Memorial Hospital Employees' Pension Plan's outsized position by total assets

Northwestern Memorial Hospital Employees' Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$647,712,989 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,050,000,000 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 2023

Northwestern Memorial Hospital Employees' Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northwestern Memorial Hospital Employees' Pension Plan lands in the large band (2,147 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northwestern Memorial Hospital Employees' Pension Plan reported net income rose from -$130M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • Northwestern Memorial Hospital Employees' Pension Plan end-of-year assets rose from $600M in the plan year 2022 filing to $648M in the plan year 2023 filing.
  • Northwestern Memorial Hospital Employees' Pension Plan reported participants fell from 2,331 in the plan year 2022 filing to 2,147 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 370960170 · Northwestern Memorial Hospital PY 2023 · Defined Benefit (Pension)

Northwestern Memorial Hospital Employees' Pension Plan · $648M · 2,147 · 98th

  • PCT $648M
  • EIN 2,147
  • RANK 98th
  • PHOTO Defined Benefit (Pension)
  • IND near Scana Corporation Retirement Plan
  • EOY ind #17340

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Illinois →

Northwestern Memorial Hospital Employees' Pension Plan in the asset neighbourhood

Aflac Incorporated Pension PlanAflac Incorporated Pension P…$650MNorthwestern Memorial Hospital Employees' Pension PlanNorthwestern Memorial Hospit…$648MScana Corporation Retirement PlanScana Corporation Retirement…$647MSteamfitters Local Union No. 420 Pension PlanSteamfitters Local Union No.…$646MBay Area Painters & Tapers Pension TrustBay Area Painters & Tapers P…$644M
End-of-year total assets ($M) among Northwestern Memorial Hospital Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$600M
Net Assets (End of Year)$648M
Net Income$47M
Employer EIN370960170
Plan Effective Date1974-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwestern Memorial Hospital)

Sponsor-wide plan assets over time

All Northwestern Memorial Hospital plans reported in each filing year

Latest sponsor-wide plan assets
$642M 6.97808446761371% vs 2022
2024 filing year
$580M$600M$620M$640M$660M 202220232024 $600M $642M ▲ +7.0%
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 Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Northwestern Memorial Hospital Employees' Pension Plan, Total assets ($B): 0.647712989 · Participants: 2147Northwestern Memorial Hospital Employees' Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Northwestern Memorial Hospital Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Northwestern Memorial Hospital Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Scana Corporation Retirement Plan in VA ($647M); by covered participants it is Joint Pension Fund Local Union IBEW in NJ (2,149 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($648M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,147 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Northwestern Memorial Hospital Employees' Pension Plan assets move in 2023? ▼
Northwestern Memorial Hospital Employees' Pension Plan grew at a solid clip - up 7.9% during 2023, from $600M to $648M. Reported net income was $47M.
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 127,072 plans that reported assets for plan year 2023 (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 Scana Corporation Retirement Plan in VA ($647M, 2,781 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northwestern Memorial Hospital Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Joint Pension Fund Local Union IBEW in NJ (2,149 participants, $552M in assets).