Defined Benefit (Pension) · DOL Form 5500 · 2024

Northwestern Memorial Hospital Pension Plan

Data updated 2026-08-25

$642M
Total assets Above avg plan size
2,012
Participants Near avg headcount
98th
Percentile by assets National rank
$319,161
Avg per participant High balance/head
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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.

  • #16,534 in Healthcare & Social Assistance (16,916 peers)

Coverage in Illinois

Northwestern Memorial Hospital Employees' Pension Plan covers 2,012 participants in Illinois, 2.6x the typical Illinois plan (state average ~779 per filing). Assets: $642M.

#16,534
in Healthcare & Social Assistance (16,916 peers)
-0.9%
assets change YoY
6.4×
vs typical plan assets (national mean)

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's outsized position by total assets

Northwestern Memorial Hospital Employees' Pension Plan vs every filed plan by assets

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

$642,151,313 Top 2% higher than 98% of 123,620 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 2024

Northwestern Memorial Hospital Employees' Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northwestern Memorial Hospital Employees' Pension Plan lands in the large band (2,012 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

DOL schedule card

Filing strip 370960170 · Northwestern Memorial Hospital PY 2024 · Defined Benefit (Pension)

Northwestern Memorial Hospital Employees' Pension Plan · $642M · 2,012 · 98th

  • RANK $642M
  • RANK 2,012
  • RANK 98th
  • RANK Defined Benefit (Pension)
  • RANK near Fca US LLC Consolidated Plan
  • RANK ind #16534

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 Illinois →

Northwestern Memorial Hospital Employees' Pension Plan in the asset neighbourhood

Steamfitters Local Union No. 420 Pension PlanSteamfitters Local Union No.…$644MFca US LLC Consolidated Plan$643MNorthwestern Memorial Hospital Employees' Pension PlanNorthwestern Memorial Hospit…$642MResolute Fp US Pension Plan$641MLocal 295 I.B.T. Employer Group Pension Trust FundLocal 295 I.B.T. Employer Gr…$640M
End-of-year total assets ($M) among Northwestern Memorial Hospital Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$648M
Net Assets (End of Year)$639M
Net Income-$9M
Employer EIN370960170
Plan Effective Date1974-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwestern Memorial Hospital)

Sponsor-wide plan assets over time

All Northwestern Memorial Hospital plans reported in each filing year

Latest sponsor-wide plan assets
$642M 6.97808446761371% vs 2022
2024 filing year
$580M$600M$620M$640M$660M 202220232024 $600M $642M ▲ +7.0%
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 Scatter plot of 6 data points. 01000020000300004000050000 -200204060 Total assets ($B) Participants Northwestern Memorial Hospital Employees' Pension Plan, Total assets ($B): 0.642151313 · Participants: 2012Northwestern Memorial Hospital Employees' Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Northwestern Memorial Hospital Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Northwestern Memorial Hospital Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Fca US LLC Consolidated Plan in MI ($643M); by covered participants it is United Teamster Pension Fund a in NY (2,008 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($642M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,012 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northwestern Memorial Hospital Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is United Teamster Pension Fund a in NY (2,008 participants, $343M in assets).