Other · DOL Form 5500 · 2023

Swedishamerican Health System Retirement Plan

Data updated 2026-08-11

$370M
Total assets
3,655
Participants
97th
Percentile by assets
$101,105
Avg per participant
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Official DOL plan name: Swedishamerican 403(b) Incentivesaver Plan · Sponsored by Swedishamerican Health System · Illinois · Healthcare & Social Assistance

$370M in assets, 3,655 participants

Swedishamerican Health System's Swedishamerican 403(b) Incentivesaver Plan reported $370M in total assets and 3,655 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,146 in Healthcare & Social Assistance (17,684 peers)

Coverage in Illinois

Swedishamerican 403(b) Incentivesaver Plan covers 3,655 participants in Illinois, 4.7x the typical Illinois plan (state average ~779 per filing). Assets: $370M.

$370M
total plan assets (2023 EOY)
3,655
covered participants
97th
percentile by assets (of 127,072 plans)
$101,105
avg assets per participant

Where Swedishamerican 403(b) Incentivesaver Plan sits by total assets

Swedishamerican 403(b) Incentivesaver Plan vs every filed plan by assets

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

$369,540,093 Top 3% higher than 97% 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

  • Swedishamerican 403(b) Incentivesaver Plan reported net income rose from -$53M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Swedishamerican 403(b) Incentivesaver Plan end-of-year assets rose from $321M in the plan year 2022 filing to $370M in the plan year 2023 filing.
  • Swedishamerican 403(b) Incentivesaver Plan reported participants rose from 3,571 in the plan year 2022 filing to 3,655 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Swedishamerican 403(b) Incentivesaver Plan reports 3,655 participants - 4.7x that state average ($370M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$321M
Net Assets (End of Year)$370M
Net Income$48M
Employer EIN363241458
Plan Effective Date1987-02-07
Filing StatusFILING RECEIVED

Sponsor Plan History (Swedishamerican Health System)

$200M$400M$600M$800M 202220232024 $334M $414M ▲ +24.0%
Total plan assets by year, all Swedishamerican Health System plans on file
Year Plans Participants Total Assets
2022 2 3,650 $334M
2023 4 7,061 $737M
2024 2 3,823 $414M

Nearby Other Plans in Illinois

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

Swedishamerican 403(b) Incentivesaver Plan vs. nearby Other plans in Illinois, assets vs. participants

Swedishamerican 403(b) Incentivesaver Plan vs. nearby Other plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050001000015000 012345 Total assets ($B) Participants Swedishamerican 403(…Northwestern Univers…The University of Ch…Endeavor Health Lega…The University of Ch…Argonne National Lab…
Swedishamerican 403(b) Incentivesaver Plan vs. nearby Other plans in Illinois, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Swedishamerican 403(b) Incentivesaver Plan by total assets, not by location.

Frequently Asked Questions

How did Swedishamerican 403(b) Incentivesaver Plan assets move in 2023?
Swedishamerican 403(b) Incentivesaver Plan grew at a solid clip - up 15.0% during 2023, from $321M to $370M. Reported net income was $48M.
How have Swedishamerican Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Swedishamerican Health System's sponsor-wide assets grew 24.0%, from $334M to $414M.
Where does Swedishamerican 403(b) Incentivesaver Plan rank by assets among Form 5500 filers?
Swedishamerican 403(b) Incentivesaver Plan ranks in the 97th 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 Swedishamerican 403(b) Incentivesaver Plan?
Among Other plans in other states, the closest by assets is Torrance Health Association 403(b) Plan in CA ($368M, 4,609 participants).

Next read for Swedishamerican 403(b) Incentivesaver Pl…

Filing takeaways

Ways to act on Swedishamerican 403(b) Incentivesaver Plan's numbers.