Memorial Health System 401(k) Plan: Login, Facts & Contact Information

Memorial Health System 401(k) Plan Facts

Plan name
MEMORIAL HEALTH SYSTEM DEFINED CONTRIBUTION RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MEMORIAL HEALTH SYSTEM
Participants
10,594 (7,980 active employees)
Former employees with a balance
3,114
Plan assets
$718,999,743 at Dec 31, 2024
Average account balance
$65,927 across 10,906 accounts
Employer contributions
$38,767,083 in plan year 2024 (50% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2012
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 25, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $77.3 million went into the plan in contributions, $38.8 million of it from the employer (50%).
  • $57.7 million was paid out to participants.
  • Investment and other income added $82.0 million.
  • Administrative expenses were $451,107, about $41 per account.

How the Memorial Health System 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20197,422$378.0 million$24.1 million$24.3 million
20208,317$426.9 million$5.56 million$38.5 million
20218,322$510.2 million$25.8 million$34.1 million
202210,776$475.3 million$36.1 million$28.6 million
202310,603$617.7 million$23.8 million$49.6 million
202410,594$719.0 million$38.8 million$57.7 million

Memorial Health System 401(k) Contact Information

Phone
217-788-3922
Mailing address
701 N. 1ST STREET, SPRINGFIELD IL 62781
Plan sponsor
MEMORIAL HEALTH SYSTEM
Employer identification number (EIN)
37-1110690
Plan number
002

Questions about the Memorial Health System 401(k)

Does Memorial Health System contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $38.8 million, 50% of all contributions.

Does the Memorial Health System 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Memorial Health System 401(k) plan?

10,594 participants at the start of plan year 2024, 7,980 of them active employees, and 3,114 former employees who still had money in the plan.

What is the average 401(k) balance at Memorial Health System?

About $65,927 per account: $719.0 million in plan assets across 10,906 accounts with a balance at the end of plan year 2024.

Who manages the Memorial Health System 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Memorial Health System. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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