Defined Benefit (Pension) · DOL Form 5500 · 2023

Mercy Health System Corporation Pension Plan

Data updated 2026-08-11

$16K
Total assets: 173
Participants: 2nd
Percentile by assets: $93
Avg per participant

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

$16K in assets, 173 participants

Mercy Health System Corporation's Mercy Health System Employees Retirement Plan reported $16K in total assets and 173 participants in its 2023 DOL Form 5500 filing, ranking in the 2nd 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.

2nd percentile by assets (of 127,072 plans)
#241 in Healthcare & Social Assistance (17,684 peers)

Coverage in Illinois

Mercy Health System Employees Retirement Plan covers 173 participants in Illinois, about 22% of the average Illinois filer (state average ~779 per filing). Assets: $16K.

$16K
total plan assets (2023 EOY): 173
covered participants: 2nd
percentile by assets (of 127,072 plans): $93
avg assets per participant

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

Mercy Health System Employees Retirement Plan end-of-year assets fell from $29M in the plan year 2022 filing to $16K in the plan year 2023 filing.
Mercy Health System Employees Retirement Plan reported participants fell from 1,644 in the plan year 2022 filing to 173 in the plan year 2023 filing.
Mercy Health System Employees Retirement Plan reported net income rose from -$86M in the plan year 2022 filing to -$29M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Healthcare & Social Assistance

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Mercy Health System Employees Retirement Plan reports 173 participants - about 22% of that state average ($16K EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$29M
Net Assets (End of Year)	$16K
Net Income	-$29M
Employer EIN	390816848
Plan Effective Date	1968-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Mercy Health System Corporation)

Total plan assets by year, all Mercy Health System Corporation plans on file

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, same state, same plan type, ranked by total assets.

Mercy Health System Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
John Deere Pension Plan for Salaried Employees $8.0B · 16,346
Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382

Compare Mercy Health System Employees Retirement… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Mercy Health System Employees Retirement Plan by total assets, not by location.

Mymichigan Health Employees' Pension Plan (MI) $17K · 3,858
Omega Protein Corporation Pension Plan () $14K · 34
Roofers Union Local No. 211 Pension Plan (MI) $18K · 25
International Longshoremen's Association Local 1803 Checkers Pension Plan (IN) $13K · N/A

Frequently Asked Questions

How did Mercy Health System Employees Retirement Plan assets move in 2023? ▼

Mercy Health System Employees Retirement Plan contracted severely - down 99.9% during 2023, from $29M to $16K. Reported net income was -$29M.

How have Mercy Health System Corporation plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Mercy Health System Corporation's sponsor-wide assets declined 99.9%, from $29M to $16K.

Where does Mercy Health System Employees Retirement Plan rank by assets among Form 5500 filers? ▼

Mercy Health System Employees Retirement Plan ranks in the 2nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).

Which Defined Benefit (Pension) plans are similar in size to Mercy Health System Employees Retirement Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Mymichigan Health Employees' Pension Plan in MI ($17K, 3,858 participants).

Next read for Mercy Health System Employees Retirement…

Filing takeaways

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

By total assets, Mercy Health System Employees Retirement Plan ranks among the smaller plans by assets on file. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Mercy Health System Corporation's sponsor-wide assets have declined 99.9% since 2022 across 2 plan years on file. More Healthcare & Social Assistance plans

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 390816848.