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

North Memorial Health Care Pension Plan

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

Sponsored by North Memorial Health Care · Minnesota · Healthcare & Social Assistance

What the 2023 filing shows

North Memorial Health Care Pension Plan holds $4M for 159 participants — about $26,349 per participant, down 89.6% over the 2023 plan year.

$4M
total plan assets (2023 EOY)
159
covered participants
$26,349
avg assets per participant
-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.

Total Assets (2023)
$4M
Participants
159
State
Industry
Healthcare & Social Assistance

What the Filing Says About North Memorial Health Care Pension Plan

North Memorial Health Care Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by North Memorial Health Care, headquartered in Minnesota. As of the 2023 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 159 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 410729979, and the plan has been effective since 1971-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $40M at the beginning of 2023 to $4M at year-end — a decline of 89.6%. Net assets (after liabilities) closed the year at $4M, with reported net income of $-36,102,416 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 2 prior plan-year filings 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 — 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)$40M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$-36,102,416
Plan TypeDefined Benefit (Pension)
Employer EIN410729979
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Memorial Health Care)

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.

Frequently Asked Questions

How much money is in the North Memorial Health Care Pension Plan?
As of the 2023 Form 5500 filing, North Memorial Health Care Pension Plan holds $4M in total assets with 159 participants. It is sponsored by North Memorial Health Care.
What type of plan is North Memorial Health Care Pension Plan?
North Memorial Health Care Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1971-01-01. The plan is filed with the U.S. Department of Labor under EIN 410729979.
Who sponsors the North Memorial Health Care Pension Plan?
North Memorial Health Care Pension Plan is sponsored by North Memorial Health Care, located in Minnesota. The sponsor's EIN is 410729979 and the plan operates in the Healthcare & Social Assistance industry.
How did North Memorial Health Care Pension Plan perform in 2023?
North Memorial Health Care Pension Plan declined by 89.6% during 2023, moving from $40M to $4M in total assets. Net income was $-36,102,416.
Where can I find official filings for North Memorial Health Care Pension Plan?
Official Form 5500 filings for North Memorial Health Care Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 410729979 or plan name at efast.dol.gov.
How does North Memorial Health Care Pension Plan compare to other plans?
You can compare North Memorial Health Care Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Minnesota 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) — original filing retrieval by EIN 410729979.

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

Reference: IRS Publication 590-B — 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.