Other · DOL Form 5500 · 2024

Fermi Research Alliance, LLC Retirement Plan

Data updated 2026-07-24

$745M
Total assets
2,241
Participants
98th
Percentile by assets
$332,623
Avg per participant
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Official DOL plan name: Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan · Sponsored by Fermi Research Alliance, LLC · Illinois · Professional & Technical Services

$745M in assets, 2,241 participants

Fermi Research Alliance, LLC's Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan reported $745M in total assets and 2,241 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

Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan covers 2,241 participants in Illinois, 2.9x the typical Illinois plan (state average ~768 per filing). Assets: $745M.

$745M
total plan assets (2024 EOY)
2,241
covered participants
98th
percentile by assets (of 116,472 plans)
$332,623
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan reported net income fell from $62M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan reported participants rose from 1,842 in the plan year 2023 filing to 2,241 in the plan year 2024 filing.
  • Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan end-of-year assets rose from $722M in the plan year 2023 filing to $745M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan reports 2,241 participants - 2.9x that state average ($745M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$722M
Net Assets (End of Year)$745M
Net Income$23M
Employer EIN571239010
Plan Effective Date1975-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fermi Research Alliance, LLC)

$1.3B$1.4B$1.5B$1.6B 202220232024 $1.33B $1.54B ▲ +15.8%
Total plan assets by year, all Fermi Research Alliance, LLC plans on file
Year Plans Participants Total Assets
2022 2 3,576 $1.3B
2023 2 3,527 $1.5B
2024 2 4,023 $1.5B

Nearby Other Plans in Illinois

Peer Other plans, same state, same plan type, ranked by total assets.

Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan vs. nearby Other plans in Illinois, assets vs. participants

Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan vs. nearby Other plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050001000015000 012345 Total assets ($B) Participants Fermi National Accel…Northwestern Univers…The University of Ch…Endeavor Health Lega…The University of Ch…Rush University Medi…
Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan vs. nearby Other plans in Illinois, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan assets move in 2024?
Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan edged up modestly - up 3.2% during 2024, from $722M to $745M. Reported net income was $23M.
How have Fermi Research Alliance, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Fermi Research Alliance, LLC's sponsor-wide assets grew 16.0%, from $1.3B to $1.5B.
Where does Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan rank by assets among Form 5500 filers?
Fermi National Accelerator Laboratory Tax Sheltered Annuity 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 Other plans are similar in size to Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan?
Among Other plans in other states, the closest by assets is Nuvance Health 403(b) Plan (F/K/a Health Quest Systems, Inc. Tax Deferred Annuity Plan) in CT ($746M, 2,323 participants).

Next read for Fermi National Accelerator Laboratory Ta…

Filing takeaways

Ways to act on Fermi National Accelerator Laboratory Tax Sheltered Annuity Plan's numbers.

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 571239010.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.