Other · DOL Form 5500 · 2023

Fermi Research Alliance, LLC Retirement Plan

Data updated 2026-08-11

$722M
Total assets
1,842
Participants
98th
Percentile by assets
$391,977
Avg per participant
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Official DOL plan name: Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan · Sponsored by Fermi Research Alliance, LLC · Illinois · Professional & Technical Services

$722M in assets, 1,842 participants

Fermi Research Alliance, LLC's Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan reported $722M in total assets and 1,842 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)
  • #20,067 in Professional & Technical Services (20,321 peers)

Coverage in Illinois

Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan covers 1,842 participants in Illinois, 2.4x the typical Illinois plan (state average ~779 per filing). Assets: $722M.

$722M
total plan assets (2023 EOY)
1,842
covered participants
98th
percentile by assets (of 127,072 plans)
$391,977
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan reported net income rose from -$122M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan end-of-year assets rose from $660M in the plan year 2022 filing to $722M in the plan year 2023 filing.
  • Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan reported participants fell from 1,951 in the plan year 2022 filing to 1,842 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Illinois
Industry
Professional & Technical Services

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan reports 1,842 participants - 2.4x that state average ($722M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$660M
Net Assets (End of Year)$722M
Net Income$62M
Employer EIN571239010
Plan Effective Date1975-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fermi Research Alliance, LLC)

$1.3B$1.4B$1.5B$1.6B 202220232024 $1.33B $1.54B ▲ +15.8%
Total plan assets by year, all Fermi Research Alliance, LLC plans on file
Year Plans Participants Total Assets
2022 2 3,576 $1.3B
2023 2 3,527 $1.5B
2024 2 4,023 $1.5B

Nearby Other Plans in Illinois

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

Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan vs. nearby Other plans in Illinois, assets vs. participants

Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan vs. nearby Other plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050001000015000 012345 Total assets ($B) Participants Fermi National Accel…Northwestern Univers…The University of Ch…Endeavor Health Lega…The University of Ch…Argonne National Lab…
Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan vs. nearby Other plans in Illinois, assets vs. participants
Compare Fermi National Accelerator Laboratory Ta… side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

Other plans in other states closest to Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan assets move in 2023? ▼
Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan grew at a solid clip - up 9.4% during 2023, from $660M to $722M. Reported net income was $62M.
How have Fermi Research Alliance, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fermi Research Alliance, LLC's sponsor-wide assets grew 16.0%, from $1.3B to $1.5B.
Where does Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan rank by assets among Form 5500 filers? ▼
Fermi National Accelerator Laboratory Tax Sheltered Annuity 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 Other plans are similar in size to Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan? ▼
Among Other plans in other states, the closest by assets is Carilion Clinic 403(b) Retirement Savings Plan in VA ($722M, 12,978 participants).

Next read for Fermi National Accelerator Laboratory Ta…

Filing takeaways

Ways to act on Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 571239010.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.