Defined Benefit (Pension) · DOL Form 5500 · 2024

Northwestern Lake Forest Hospital Pension Plan

Data updated 2026-08-11

$159M
Total assets
301
Participants
93rd
Percentile by assets
$529,581
Avg per participant
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Official DOL plan name: Northwestern Lake Forest Hospital Employees Retirement Plan · Sponsored by Northwestern Lake Forest Hospital · Illinois · Healthcare & Social Assistance

$159M in assets, 301 participants

Northwestern Lake Forest Hospital's Northwestern Lake Forest Hospital Employees Retirement Plan reported $159M in total assets and 301 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #15,901 in Healthcare & Social Assistance (16,916 peers)

Coverage in Illinois

Northwestern Lake Forest Hospital Employees Retirement Plan covers 301 participants in Illinois, about 39% of the average Illinois filer (state average ~779 per filing). Assets: $159M.

$159M
total plan assets (2024 EOY)
301
covered participants
93rd
percentile by assets (of 123,622 plans)
$529,581
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northwestern Lake Forest Hospital Employees Retirement Plan reported net income fell from $10M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Northwestern Lake Forest Hospital Employees Retirement Plan reported participants fell from 324 in the plan year 2023 filing to 301 in the plan year 2024 filing.
  • Northwestern Lake Forest Hospital Employees Retirement Plan end-of-year assets fell from $162M in the plan year 2023 filing to $159M 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. Northwestern Lake Forest Hospital Employees Retirement Plan reports 301 participants - about 39% of that state average ($159M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$162M
Net Assets (End of Year)$159M
Net Income-$4M
Employer EIN362179779
Plan Effective Date1967-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwestern Lake Forest Hospital)

$150M$155M$160M$165M 202220232024 $152M $159M ▲ +4.8%
Total plan assets by year, all Northwestern Lake Forest Hospital plans on file
Year Plans Participants Total Assets
2022 1 363 $152M
2023 1 324 $162M
2024 1 301 $159M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Northwestern Lake Forest Hospital Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Northwestern Lake Forest Hospital Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Northwestern Lake Fo…Central States, Sout…State Farm Insurance…GE Healthcare Pensio…Abbott Laboratories …United Food & Commer…
Northwestern Lake Forest Hospital Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Northwestern Lake Forest Hospital Employees Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Northwestern Lake Forest Hospital Employees Retirement Plan assets move in 2024?
Northwestern Lake Forest Hospital Employees Retirement Plan edged down modestly - down 1.8% during 2024, from $162M to $159M. Reported net income was -$4M.
How have Northwestern Lake Forest Hospital plan assets changed over time?
Across 3 plan years on file (2022-2024), Northwestern Lake Forest Hospital's sponsor-wide assets grew 4.8%, from $152M to $159M.
Where does Northwestern Lake Forest Hospital Employees Retirement Plan rank by assets among Form 5500 filers?
Northwestern Lake Forest Hospital Employees Retirement Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Northwestern Lake Forest Hospital Employees Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Constellium Rolled Products-Ravenswood LLC Hourly Employees Retirement Plan in WV ($159M, 644 participants).

Next read for Northwestern Lake Forest Hospital Employ…

Filing takeaways

Ways to act on Northwestern Lake Forest Hospital Employees Retirement Plan's numbers.