Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

Mercy Health System Employees Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Mercy Health System Corporation Β· Illinois Β· Healthcare & Social Assistance

What the 2023 filing shows

Mercy Health System Employees Retirement Plan holds $16K for 173 participants - about $93 per participant, down 99.9% over the 2023 plan year.

$16K
total plan assets (2023 EOY)
173
covered participants
$93
avg assets per participant
-99.9%
assets change YoY

The plan reported a net loss of $29M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$16K
Participants
173
State
Industry
Healthcare & Social Assistance

What the Filing Says About Mercy Health System Employees Retirement Plan

Mercy Health System Employees Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Mercy Health System Corporation, headquartered in Illinois. As of the 2023 Form 5500 filing, the plan reports $16K in total end-of-year assets and covers 173 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 390816848, and the plan has been effective since 1968-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $29M at the beginning of 2023 to $16K at year-end β€” a decline of 99.9%. Net assets (after liabilities) closed the year at $16K, with reported net income of $-28,984,174 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$29M
Total Assets (End of Year)$16K
Net Assets (End of Year)$16K
Net Income$-28,984,174
Plan TypeDefined Benefit (Pension)
Employer EIN390816848
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mercy Health System Corporation)

Year Plans Participants Total Assets
2022 1 1,644 $29M
2023 2 173 $16K

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Mercy Health System Employees Retirement Plan?
As of the 2023 Form 5500 filing, Mercy Health System Employees Retirement Plan holds $16K in total assets with 173 participants. It is sponsored by Mercy Health System Corporation.
What type of plan is Mercy Health System Employees Retirement Plan?
Mercy Health System Employees Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1968-01-01. The plan is filed with the U.S. Department of Labor under EIN 390816848.
Who sponsors the Mercy Health System Employees Retirement Plan?
Mercy Health System Employees Retirement Plan is sponsored by Mercy Health System Corporation, located in Illinois. The sponsor's EIN is 390816848 and the plan operates in the Healthcare & Social Assistance industry.
How did Mercy Health System Employees Retirement Plan perform in 2023?
Mercy Health System Employees Retirement Plan declined by 99.9% during 2023, moving from $29M to $16K in total assets. Net income was $-28,984,174.
Where can I find official filings for Mercy Health System Employees Retirement Plan?
Official Form 5500 filings for Mercy Health System Employees Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 390816848 or plan name at efast.dol.gov.
How does Mercy Health System Employees Retirement Plan compare to other plans?
You can compare Mercy Health System Employees Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 390816848.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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