Defined Benefit (Pension) · DOL Form 5500 · 2024

Northwestern Memorial Hospital Pension Plan

Data updated 2026-07-24

$642M
Total assets: 2,012
Participants: 98th
Percentile by assets: $319,161
Avg per participant

Official DOL plan name: Northwestern Memorial Hospital Employees' Pension Plan · Sponsored by Northwestern Memorial Hospital · Illinois · Healthcare & Social Assistance

$642M in assets, 2,012 participants

Northwestern Memorial Hospital's Northwestern Memorial Hospital Employees' Pension Plan reported $642M in total assets and 2,012 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 116,472 plans)

Coverage in Illinois

Northwestern Memorial Hospital Employees' Pension Plan covers 2,012 participants in Illinois, 2.6x the typical Illinois plan (state average ~768 per filing). Assets: $642M.

$642M
total plan assets (2024 EOY): 2,012
covered participants: 98th
percentile by assets (of 116,472 plans): $319,161
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northwestern Memorial Hospital Employees' Pension Plan reported net income fell from $47M in the plan year 2023 filing to -$9M in the plan year 2024 filing.
Northwestern Memorial Hospital Employees' Pension Plan reported participants fell from 2,147 in the plan year 2023 filing to 2,012 in the plan year 2024 filing.
Northwestern Memorial Hospital Employees' Pension Plan end-of-year assets fell from $648M in the plan year 2023 filing to $642M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Illinois

Industry

Healthcare & Social Assistance

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Northwestern Memorial Hospital Employees' Pension Plan reports 2,012 participants - 2.6x that state average ($642M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$648M
Net Assets (End of Year)	$639M
Net Income	-$9M
Employer EIN	370960170
Plan Effective Date	1974-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Northwestern Memorial Hospital)

Total plan assets by year, all Northwestern Memorial Hospital plans on file

Year	Plans	Participants	Total Assets
2022	1	2,331	$600M
2023	1	2,147	$648M
2024	1	2,012	$642M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Northwestern Memorial Hospital Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
GE Healthcare Pension Plan $13.7B · 5,554
Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
Exelon Corporation Retirement Program $6.1B · 8,898

Compare Northwestern Memorial Hospital Employees… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

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

Fca US LLC Consolidated Plan (MI) $643M · 1,594
Resolute Fp US Pension Plan () $641M · 261
Steamfitters Local Union No. 420 Pension Plan (PA) $644M · 2,398
Teamsters Union No. 142 Pension Fund (IN) $639M · 2,059

Frequently Asked Questions

How did Northwestern Memorial Hospital Employees' Pension Plan assets move in 2024? ▼

Northwestern Memorial Hospital Employees' Pension Plan held essentially flat - down 0.9% during 2024, from $648M to $642M. Reported net income was -$9M.

How have Northwestern Memorial Hospital plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Northwestern Memorial Hospital's sponsor-wide assets grew 7.0%, from $600M to $642M.

Where does Northwestern Memorial Hospital Employees' Pension Plan rank by assets among Form 5500 filers? ▼

Northwestern Memorial Hospital Employees' Pension Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Northwestern Memorial Hospital Employees' Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Fca US LLC Consolidated Plan in MI ($643M, 1,594 participants).

Next read for Northwestern Memorial Hospital Employees…

Filing takeaways

Ways to act on Northwestern Memorial Hospital Employees' Pension Plan's numbers.

By total assets, Northwestern Memorial Hospital Employees' Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Northwestern Memorial Hospital's sponsor-wide assets have grown 7.0% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 370960170.

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.