Defined Benefit (Pension) · DOL Form 5500 · 2022

North Memorial Health Care Pension Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
189
Participants Below avg headcount
86th
Percentile by assets National rank
$213,184
Avg per participant Above avg balance/head
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Official DOL plan name: North Memorial Health Care Pension Plan · Sponsored by North Memorial Health Care · Minnesota · Healthcare & Social Assistance

$40M in assets, 189 participants

North Memorial Health Care's North Memorial Health Care Pension Plan reported $40M in total assets and 189 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #17,702 in Healthcare & Social Assistance (20,060 peers)

Coverage in Minnesota

North Memorial Health Care Pension Plan covers 189 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $40M.

#17,702
in Healthcare & Social Assistance (20,060 peers)
-26.6%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

North Memorial Health Care Pension Plan's outsized position by total assets

North Memorial Health Care Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$40,291,853 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,050,000,000 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 2022

North Memorial Health Care Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. North Memorial Health Care Pension Plan sits mid-pack in the medium band (189 participants).

Form 5500 schedule snapshot

Filing strip 410729979 · North Memorial Health Care PY 2022 · Defined Benefit (Pension)

North Memorial Health Care Pension Plan · $40M · 189 · 86th

  • BOOK $40M
  • VS-ST 189
  • BOY 86th
  • SCH Defined Benefit (Pension)
  • EBSA near Baker & Mckenzie Market Rate Cash Balance Plan I
  • PART ind #17702

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

North Memorial Health Care Pension Plan in the asset neighbourhood

Local 1964 Ila Retirement FundLocal 1964 Ila Retirement Fu…$40MNorth Memorial Health Care Pension PlanNorth Memorial Health Care P…$40MBaker & Mckenzie Market Rate Cash Balance Plan IBaker & Mckenzie Market Rate…$40MBaker & Mckenzie Market Rate Cash Balance Plan IIBaker & Mckenzie Market Rate…$40MPension Plan for Employees of Sm Energy CompanyPension Plan for Employees o…$40M
End-of-year total assets ($M) among North Memorial Health Care Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$40M
Net Income-$15M
Employer EIN410729979
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Memorial Health Care)

Sponsor-wide plan assets over time

All North Memorial Health Care plans reported in each filing year

Latest sponsor-wide plan assets
$778M 48.93227847399774% vs 2022
2024 filing year
$400M$500M$600M$700M$800M$900M 202220232024 $523M $778M ▲ +48.9%
Year Plans Participants Total Assets
2022 2 4,484 $523M
2023 2 6,450 $696M
2024 1 6,766 $778M

Nearby Defined Benefit (Pension) Plans in Minnesota

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

North Memorial Health Care Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants North Memorial Health Care Pension Plan, Total assets ($B): 0.040291853 · Participants: 189North Memorial Health Care Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 14.047885796 · Participants: 121603M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 10.299849315 · Participants: 66434Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 3.940696075 · Participants: 25144The Travelers Pension PlanU.S. Bank Pension Plan, Total assets ($B): 3.73901396 · Participants: 55836U.S. Bank Pension PlanTarget Corporation Pension Plan, Total assets ($B): 3.348662968 · Participants: 50515Target Corporation Pension Plan
North Memorial Health Care Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare North Memorial Health Care Pension Plan side-by-side with 3 peers →

North Memorial Health Care Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Baker & Mckenzie Market Rate Cash Balance Plan I in IL ($40M); by covered participants it is Greer Retirement Plan in WV (189 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (189 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did North Memorial Health Care Pension Plan assets move in 2022? ▼
North Memorial Health Care Pension Plan declined sharply - down 26.6% during 2022, from $55M to $40M. Reported net income was -$15M.
How have North Memorial Health Care plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), North Memorial Health Care's sponsor-wide assets grew 48.9%, from $523M to $778M.
Where does North Memorial Health Care Pension Plan rank by assets among Form 5500 filers? ▼
North Memorial Health Care Pension Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to North Memorial Health Care Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Baker & Mckenzie Market Rate Cash Balance Plan I in IL ($40M, 181 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to North Memorial Health Care Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Greer Retirement Plan in WV (189 participants, $54M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410729979.

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.