401(k) · DOL Form 5500 · 2023
Memorial Health System 401(k) Plan
Data updated 2026-08-11
- $618M
- Total assets
- 7,935
- Participants
- 98th
- Percentile by assets
- $77,851
- Avg per participant
Official DOL plan name: Memorial Health System Defined Contribution Retirement Savings Plan · Sponsored by Memorial Health System · Illinois · Healthcare & Social Assistance
$618M in assets, 7,935 participants
Memorial Health System's Memorial Health System Defined Contribution Retirement Savings Plan reported $618M in total assets and 7,935 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)
- #17,321 in Healthcare & Social Assistance (17,684 peers)
Coverage in Illinois
Memorial Health System Defined Contribution Retirement Savings Plan covers 7,935 participants in Illinois, 10x the typical Illinois plan (state average ~779 per filing). Assets: $618M.
- $618M
- total plan assets (2023 EOY)
- 7,935
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $77,851
- avg assets per participant
Where Memorial Health System Defined Contribution Retirement Savings Plan sits by total assets
Memorial Health System Defined Contribution Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$617,749,795 Top 2% higher than 98% of 127,068 filed plans
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
- Memorial Health System Defined Contribution Retirement Savings Plan reported net income rose from -$35M in the plan year 2022 filing to $127M in the plan year 2023 filing.
- Memorial Health System Defined Contribution Retirement Savings Plan end-of-year assets rose from $475M in the plan year 2022 filing to $618M in the plan year 2023 filing.
- Memorial Health System Defined Contribution Retirement Savings Plan reported participants fell from 8,299 in the plan year 2022 filing to 7,935 in the plan year 2023 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Memorial Health System Defined Contribution Retirement Savings Plan reports 7,935 participants - 10x that state average ($618M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $475M |
|---|---|
| Net Assets (End of Year) | $618M |
| Net Income | $127M |
| Employer EIN | 371110690 |
| Plan Effective Date | 2012-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Memorial Health System)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 12,245 | $1000M |
| 2023 | 3 | 11,227 | $745M |
| 2024 | 2 | 9,025 | $853M |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Memorial Health System Defined Contribution Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
- Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
- State Farm 401(k) Savings Plan $16.9B · 60,246
- Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
- United Airlines Pilot Retirement Account Plan $14.4B · 14,959
- Walgreens Retirement Savings Plan $13.4B · 235,331
Scale composition for Memorial Health System Defined Contribution Retirement Savings Plan
Memorial Health System Defined Contribution Retirement Savings Plan reports $618M in end-of-year assets across 7,935 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $77,851 per participant (56% of the national average assets-per-participant) . Net income for plan year 2023 was $127M.
This plan identity (EIN 371110690, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $475M to $719M (+51.3%) while covered participants moved from 8,299 to 7,526 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,299 | $475M | Open filing |
| 2023 | 7,935 | $618M | This page |
| 2024 · index core | 7,526 | $719M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Memorial Health System Defined Contribution Retirement Savings Plan (401(k), $719M, 7,526 participants)
- Memorial Health System 403(b) Plan (Other, $134M, 1,499 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Memorial Health System Defined Contribution Retirement Savings Plan by total assets, not by location.
- American Maritime Officers 401(k) Plan (FL) $618M · 3,682
- Henry Ford Health System Ambassador 403(b) Plan (MI) $618M · 16,283
- Freeman 401(k) Plan (TX) $618M · 4,447
- Nelson Mullins Retirement Plan (SC) $617M · 1,758
Frequently Asked Questions
How did Memorial Health System Defined Contribution Retirement Savings Plan assets move in 2023? ▼
How have Memorial Health System plan assets changed over time? ▼
Where does Memorial Health System Defined Contribution Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Memorial Health System Defined Contribution Retirement Savings Plan? ▼
Next read for Memorial Health System Defined Contribut…
Filing takeaways
Ways to act on Memorial Health System Defined Contribution Retirement Savings Plan's numbers.
- By total assets, Memorial Health System Defined Contribution Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Memorial Health System's sponsor-wide assets have declined 14.7% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans