Other · DOL Form 5500 · 2023

Froedtert Health, Inc. Retirement Plan

Data updated 2026-08-11

$58M
Total assets
318
Participants
87th
Percentile by assets
$181,304
Avg per participant
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Official DOL plan name: Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan · Sponsored by Froedtert Health, Inc. · Wisconsin · Healthcare & Social Assistance

$58M in assets, 318 participants

Froedtert Health, Inc.'s Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan reported $58M in total assets and 318 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 127,072 plans)
  • #15,730 in Healthcare & Social Assistance (17,684 peers)

Where Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan sits by assets

Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan sits in the top quartile of all filed plans by assets, $58M for 318 participants (~$181,304/participant), up 3.9% in 2023.

$58M
total plan assets (2023 EOY)
318
covered participants
87th
percentile by assets (of 127,072 plans)
$181,304
avg assets per participant

Where Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan sits by total assets

Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan vs every filed plan by assets

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

$57,654,559 Top 13% higher than 87% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan reported net income rose from -$14M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan reported participants fell from 358 in the plan year 2022 filing to 318 in the plan year 2023 filing.
  • Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan end-of-year assets rose from $55M in the plan year 2022 filing to $58M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan vs the 2023 asset distribution

By assets, Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan outranks 87% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$58M
Net Income$5M
Employer EIN392014409
Plan Effective Date1986-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Froedtert Health, Inc.)

$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.87B $2.53B ▲ +35.3%
Total plan assets by year, all Froedtert Health, Inc. plans on file
Year Plans Participants Total Assets
2022 5 16,168 $1.9B
2023 5 18,201 $2.2B
2024 5 18,332 $2.5B

Nearby Other Plans in Wisconsin

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

Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan vs. nearby Other plans in Wisconsin, assets vs. participants

Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan vs. nearby Other plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -10123 Total assets ($B) Participants Froedtert Memorial L…The Medical College …Froedtert Health, In…University of Wiscon…Children's Hospital …Marquette University…
Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan vs. nearby Other plans in Wisconsin, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan by total assets, not by location.

Frequently Asked Questions

How did Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan assets move in 2023?
Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan edged up modestly - up 3.9% during 2023, from $55M to $58M. Reported net income was $5M.
How have Froedtert Health, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Froedtert Health, Inc.'s sponsor-wide assets grew 35.5%, from $1.9B to $2.5B.
Where does Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan rank by assets among Form 5500 filers?
Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Froedtert Memorial Lutheran Hospital/Froedtert Health 403(b) Thrift Plan?
Among Other plans in other states, the closest by assets is Baldor Specialty Foods, Inc. 401(k) Profit Sharing Plan in NY ($58M, 1,510 participants).

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