Defined Benefit (Pension) · DOL Form 5500 · 2023

North Memorial Health Care Pension Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
159
Participants Small participant base
41st
Percentile by assets National rank
$26,349
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: North Memorial Health Care Pension Plan · Sponsored by North Memorial Health Care · Minnesota · Healthcare & Social Assistance

$4M in assets, 159 participants

North Memorial Health Care's North Memorial Health Care Pension Plan reported $4M in total assets and 159 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #7,788 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

North Memorial Health Care Pension Plan covers 159 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $4M.

#7,788
in Healthcare & Social Assistance (17,684 peers)
-89.6%
assets change YoY

The plan reported a net loss of $36M 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 mid-pack asset rank among Healthcare & Social Assistance and all filers

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

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

$4,189,437 41st percentile higher than 41% of 127,068 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 2023

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

Plan-year 2023 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 (159 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • North Memorial Health Care Pension Plan reported net income fell from -$15M in the plan year 2022 filing to -$36M in the plan year 2023 filing.
  • North Memorial Health Care Pension Plan end-of-year assets fell from $40M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • North Memorial Health Care Pension Plan reported participants fell from 189 in the plan year 2022 filing to 159 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410729979 · North Memorial Health Care PY 2023 · Defined Benefit (Pension)

North Memorial Health Care Pension Plan · $4M · 159 · 41st

  • EBSA $4M
  • PART 159
  • TYPE 41st
  • NET Defined Benefit (Pension)
  • BOOK near Tri-State Armature & Electrical Works, Inc. Employees' Pension Plan
  • VS-ST ind #7788

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

Bariatrics of Texas Defined Benefit PlanBariatrics of Texas Defined …$4MEmcard Services, LLC Defined Benefit Pension PlanEmcard Services, LLC Defined…$4MNorth Memorial Health Care Pension PlanNorth Memorial Health Care P…$4MTri-State Armature & Electrical Works, Inc. Employees' Pension PlanTri-State Armature & Electri…$4MThe Hilsinger Company Pension PlanThe Hilsinger Company Pensio…$4M
End-of-year total assets ($M) among North Memorial Health Care Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$4M
Net Income-$36M
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): 0.004189437 · Participants: 159North Memorial Health Care Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank 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 Tri-State Armature & Electrical Works, Inc. Employees' Pension Plan in TN ($4M); by covered participants it is American Postal Workers Union Health Plan Employee Pension Plan in MD (159 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. 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 2023? ▼
North Memorial Health Care Pension Plan contracted severely - down 89.6% during 2023, from $40M to $4M. Reported net income was -$36M.
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.
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 Tri-State Armature & Electrical Works, Inc. Employees' Pension Plan in TN ($4M, 21 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 American Postal Workers Union Health Plan Employee Pension Plan in MD (159 participants, $65M in assets).

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 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.