401(k) · DOL Form 5500 · 2024

Memorial Health System 401(k) Plan

Data updated 2026-08-11

$719M
Total assets
7,526
Participants
98th
Percentile by assets
$95,535
Avg per participant
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Official DOL plan name: Memorial Health System Defined Contribution Retirement Savings Plan · Sponsored by Memorial Health System · Illinois · Healthcare & Social Assistance

$719M in assets, 7,526 participants

Memorial Health System's Memorial Health System Defined Contribution Retirement Savings Plan reported $719M in total assets and 7,526 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #16,566 in Healthcare & Social Assistance (16,916 peers)

Coverage in Illinois

Memorial Health System Defined Contribution Retirement Savings Plan covers 7,526 participants in Illinois, 9.7x the typical Illinois plan (state average ~779 per filing). Assets: $719M.

$719M
total plan assets (2024 EOY)
7,526
covered participants
98th
percentile by assets (of 123,622 plans)
$95,535
avg assets per participant

Where Memorial Health System Defined Contribution Retirement Savings Plan sits by total assets

Memorial Health System Defined Contribution Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$718,999,743 Top 2% higher than 98% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Memorial Health System Defined Contribution Retirement Savings Plan reported net income fell from $127M in the plan year 2023 filing to $101M in the plan year 2024 filing.
  • Memorial Health System Defined Contribution Retirement Savings Plan end-of-year assets rose from $618M in the plan year 2023 filing to $719M in the plan year 2024 filing.
  • Memorial Health System Defined Contribution Retirement Savings Plan reported participants fell from 7,935 in the plan year 2023 filing to 7,526 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Memorial Health System Defined Contribution Retirement Savings Plan reports 7,526 participants - 9.7x that state average ($719M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$618M
Net Assets (End of Year)$719M
Net Income$101M
Employer EIN371110690
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Memorial Health System)

$700M$800M$900M$1,000M$1,100M 202220232024 $1,000M $853M ▼ -14.7%
Total plan assets by year, all Memorial Health System plans on file
Year Plans Participants Total Assets
2022 3 12,245 $1000M
2023 3 11,227 $745M
2024 2 9,025 $853M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Memorial Health System Defined Contribution Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Memorial Health System Defined Contribution Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -50510152025 Total assets ($B) Participants Memorial Health Syst…Accenture United Sta…State Farm 401(k) Sa…United Airlines Pilo…Abbott Laboratories …Walgreens Retirement…
Memorial Health System Defined Contribution Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Memorial Health System Defined Contribution Retirement Savings Plan

Memorial Health System Defined Contribution Retirement Savings Plan reports $719M in end-of-year assets across 7,526 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $95,535 per participant (69% of the national average assets-per-participant) . Net income for plan year 2024 was $101M.

This plan identity (EIN 371110690, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $475M to $719M (+51.3%) while covered participants moved from 8,299 to 7,526 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,299 $475M Open filing
2023 7,935 $618M Open filing
2024 · index core 7,526 $719M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Memorial Health System Defined Contribution Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Memorial Health System Defined Contribution Retirement Savings Plan assets move in 2024?
Memorial Health System Defined Contribution Retirement Savings Plan grew sharply - up 16.4% during 2024, from $618M to $719M. Reported net income was $101M.
How have Memorial Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Memorial Health System's sponsor-wide assets declined 14.7%, from $1000M to $853M.
Where does Memorial Health System Defined Contribution Retirement Savings Plan rank by assets among Form 5500 filers?
Memorial Health System Defined Contribution Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Memorial Health System Defined Contribution Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Safelite Group Associates' Retirement Savings Plan in OH ($719M, 16,041 participants).

Next read for Memorial Health System Defined Contribut…

Filing takeaways

Ways to act on Memorial Health System Defined Contribution Retirement Savings Plan's numbers.