401(k) · DOL Form 5500 · 2023

Mercy Health Corporation 401(k) Plan

Data updated 2026-08-11

$145M
Total assets
1,458
Participants
93rd
Percentile by assets
$99,785
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Rockford Health System Retirement Plan · Sponsored by Mercy Health Corporation · Illinois · Healthcare & Social Assistance

$145M in assets, 1,458 participants

Mercy Health Corporation's Rockford Health System Retirement Plan reported $145M in total assets and 1,458 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,663 in Healthcare & Social Assistance (17,684 peers)

Where Rockford Health System Retirement Plan sits by assets

Rockford Health System Retirement Plan sits in the top 10% of all filed plans by assets, $145M for 1,458 participants (~$99,785/participant), up 30.1% in 2023.

$145M
total plan assets (2023 EOY)
1,458
covered participants
93rd
percentile by assets (of 127,072 plans)
$99,785
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Rockford Health System Retirement Plan sits by total assets

Rockford Health System Retirement Plan vs every filed plan by assets

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

$145,486,584 Top 7% higher than 93% 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

  • Rockford Health System Retirement Plan reported net income rose from -$39M in the plan year 2022 filing to -$9M in the plan year 2023 filing.
  • Rockford Health System Retirement Plan end-of-year assets rose from $112M in the plan year 2022 filing to $145M in the plan year 2023 filing.
  • Rockford Health System Retirement Plan reported participants fell from 1,585 in the plan year 2022 filing to 1,458 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Rockford Health System Retirement Plan vs the 2023 asset distribution

By assets, Rockford Health System Retirement Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$112M
Net Assets (End of Year)$145M
Net Income-$9M
Employer EIN472158680
Plan Effective Date1994-04-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Mercy Health Corporation)

$850M$900M$950M$1,000M 202220232024 $879M $976M ▲ +11.0%
Total plan assets by year, all Mercy Health Corporation plans on file
Year Plans Participants Total Assets
2022 5 9,477 $879M
2023 5 10,071 $882M
2024 2 7,845 $976M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Rockford Health System Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Rockford Health System Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Rockford Health Syst…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Rockford Health System Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Rockford Health System Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Rockford Health System Retirement Plan assets move in 2023?
Rockford Health System Retirement Plan surged - up 30.1% during 2023, from $112M to $145M. Reported net income was -$9M.
How have Mercy Health Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Mercy Health Corporation's sponsor-wide assets grew 11.0%, from $879M to $976M.
Where does Rockford Health System Retirement Plan rank by assets among Form 5500 filers?
Rockford Health System Retirement 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 401(k) plans are similar in size to Rockford Health System Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Akebono Brake Corporation Retirement Savings Plan in MI ($145M, 1,038 participants).

Next read for Rockford Health System Retirement Plan

Scale reading

Ways to act on Rockford Health System Retirement Plan's numbers.