Other · DOL Form 5500 · 2023

Memorial Health System Retirement Plan

Data updated 2026-08-25

$128M
Total assets Near avg plan size
1,817
Participants Near avg headcount
93rd
Percentile by assets National rank
$70,300
Avg per participant Below avg balance/head
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Official DOL plan name: Memorial Health System 403(b) Plan · Sponsored by Memorial Health System · Illinois · Healthcare & Social Assistance

$128M in assets, 1,817 participants

Memorial Health System's Memorial Health System 403(b) Plan reported $128M in total assets and 1,817 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,568 in Healthcare & Social Assistance (17,684 peers)

Coverage in Illinois

Memorial Health System 403(b) Plan covers 1,817 participants in Illinois, 2.3x the typical Illinois plan (state average ~779 per filing). Assets: $128M.

#16,568
in Healthcare & Social Assistance (17,684 peers)
+6.1%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Memorial Health System 403(b) Plan's outsized position by total assets

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

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

$127,734,309 Top 7% higher than 93% 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

Memorial Health System 403(b) 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. Memorial Health System 403(b) Plan lands in the large band (1,817 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Memorial Health System 403(b) Plan reported net income rose from -$41M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Memorial Health System 403(b) Plan reported participants fell from 2,406 in the plan year 2022 filing to 1,817 in the plan year 2023 filing.
  • Memorial Health System 403(b) Plan end-of-year assets rose from $120M in the plan year 2022 filing to $128M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 371110690 · Memorial Health System PY 2023 · Other

Memorial Health System 403(b) Plan · $128M · 1,817 · 93rd

  • 5500 $128M
  • ASSETS 1,817
  • PCT 93rd
  • EIN Other
  • RANK near Sheppard Pratt Health System 403(b) Retirement Plan
  • PHOTO ind #16568

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 →

Memorial Health System 403(b) Plan in the asset neighbourhood

Alaska Native Tribal Health Consortium Retirement PlanAlaska Native Tribal Health …$128MSheppard Pratt Health System 403(b) Retirement PlanSheppard Pratt Health System…$128MMemorial Health System 403(b) PlanMemorial Health System 403(b…$128MDavidson College Tax-Deferred Annuity PlanDavidson College Tax-Deferre…$128MUniversity of Saint Joseph 403(b) Retirement PlanUniversity of Saint Joseph 4…$128M
End-of-year total assets ($M) among Memorial Health System 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$120M
Net Assets (End of Year)$128M
Net Income$7M
Employer EIN371110690
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Memorial Health System)

Sponsor-wide plan assets over time

All Memorial Health System plans reported in each filing year

Latest sponsor-wide plan assets
$853M 14.700328738033921% vs 2022
2024 filing year
$700M$800M$900M$1,000M$1,100M 202220232024 $1,000M $853M ▼ -14.7%
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 Scatter plot of 6 data points. 050001000015000 -1012345 Total assets ($B) Participants Memorial Health System 403(b) Plan, Total assets ($B): 0.127734309 · Participants: 1817Memorial Health System 403(b) PlanNorthwestern University Retirement Plan, Total assets ($B): 4.022176874 · Participants: 9440Northwestern University Retirement PlanThe University of Chicago Contributory Retirement Plan, Total assets ($B): 3.494522229 · Participants: 4796The University of Chicago Contributory Retirement PlanEndeavor Health Legacy 403(b) Tax Deferred Annuity Plan for Northshore University Healthsystem Employees, Total assets ($B): 2.005336202 · Participants: 13705Endeavor Health Legacy 403(b) Tax Deferred Annuity Plan for Northshore University Healthsystem EmployeesThe University of Chicago Supplemental Retirement Plan, Total assets ($B): 1.734364044 · Participants: 8254The University of Chicago Supplemental Retirement PlanArgonne National Laboratory 403(b) Employee Retirement Plan, Total assets ($B): 1.577078821 · Participants: 3798Argonne National Laboratory 403(b) Employee Retirement Plan
Memorial Health System 403(b) Plan vs. nearby Other plans in Illinois, assets vs. participants

Memorial Health System 403(b) Plan's out-of-state Other peers by assets and headcount

Outside Illinois, the nearest Other by assets is Sheppard Pratt Health System 403(b) Retirement Plan in MD ($128M); by covered participants it is Saint Leo University Retirement Plan in FL (1,811 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,817 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 Memorial Health System 403(b) Plan assets move in 2023?
Memorial Health System 403(b) Plan grew at a solid clip - up 6.1% during 2023, from $120M to $128M. Reported net income was $7M.
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 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Sheppard Pratt Health System 403(b) Retirement Plan in MD ($128M, 1,628 participants).
Which Other plans cover a similar participant headcount to Memorial Health System 403(b) Plan?
Among Other plans in other states, the closest by covered participants is Saint Leo University Retirement Plan in FL (1,811 participants, $115M in assets).