Defined Benefit (Pension) · DOL Form 5500 · 2023
Northwestern Memorial Hospital Pension Plan
Data updated 2026-08-11
- $648M
- Total assets
- 2,147
- Participants
- 98th
- Percentile by assets
- $301,683
- Avg per participant
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.
- 98th percentile by assets (of 127,072 plans)
- #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.
- $648M
- total plan assets (2023 EOY)
- 2,147
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $301,683
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Northwestern Memorial Hospital Employees' Pension Plan reports 2,147 participants - 2.8x that state average ($648M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $600M |
|---|---|
| Net Assets (End of Year) | $648M |
| Net Income | $47M |
| Employer EIN | 370960170 |
| Plan Effective Date | 1974-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northwestern Memorial Hospital)
| 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
- Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
- State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
- John Deere Pension Plan for Salaried Employees $8.0B · 16,346
- Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382
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.
- Scana Corporation Retirement Plan (VA) $647M · 2,781
- Steamfitters Local Union No. 420 Pension Plan (PA) $646M · 2,456
- Aflac Incorporated Pension Plan (GA) $650M · 2,206
- Bay Area Painters & Tapers Pension Trust (CA) $644M · 3,669
Frequently Asked Questions
How did Northwestern Memorial Hospital Employees' Pension Plan assets move in 2023? ▼
How have Northwestern Memorial Hospital plan assets changed over time? ▼
Where does Northwestern Memorial Hospital Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Northwestern Memorial Hospital Employees' Pension Plan? ▼
Next read for Northwestern Memorial Hospital Employees…
Filing takeaways
Ways to act on Northwestern Memorial Hospital Employees' Pension Plan's numbers.
- By total assets, Northwestern Memorial Hospital Employees' Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
- Northwestern Memorial Hospital's sponsor-wide assets have grown 7.0% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans