Employer · plans filed under one EIN
Memorial Hermann Health System
Houston, TX · Health care and social assistance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Memorial Hermann Health System, based in Houston, Texas, sponsors 3 retirement plans with 100 or more participants: 2 defined contribution and 1 defined benefit. Together they reported 54,576 participant records and $4.08B in net assets.
The largest is Memorial Hermann Health System Employees' Retirement Savings Plan, a 403(b) plan with 40,140 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $123M and participant contributions $231M in the latest plan years; benefits paid were $287M. Schedule C compensation reported to service provider organisations totalled $4.5M.
Combined net assets moved from $559M in 2012 to $4.08B in 2024 (up 629%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Memorial Hermann Health System Employees' Retirement Savings Plan | 403(b) plan | 2024 | 40,140 | $3.32B | $82,835 | $3,734 | $2.4M |
| Memorial Hermann Pension Plan | cash balance pension plan | 2024 | 11,377 | $648M | $56,983 | $0 | $2.1M |
| Memorial Hermann Health System 401(k) Retirement Savings Plan and Trust | 401(k) plan | 2024 | 3,059 | $106M | $34,534 | $444 | $55K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 3 | 54,576 | $4.08B | $123M | $231M |
| 2023 | 3 | 53,896 | $3.52B | $112M | $207M |
| 2022 | 3 | 54,064 | $2.93B | $109M | $184M |
| 2021 | 3 | 51,918 | $3.20B | $90.8M | $178M |
| 2020 | 3 | 51,512 | $2.87B | $57.8M | $149M |
| 2019 | 3 | 51,716 | $2.49B | $75.4M | $141M |
| 2018 | 3 | 50,545 | $2.12B | $139M | $127M |
| 2017 | 3 | 50,681 | $2.08B | $64.6M | $118M |
| 2016 | 3 | 51,015 | $1.80B | $59.9M | $112M |
| 2015 | 3 | 50,842 | $1.61B | $110M | $99.0M |
| 2014 | 3 | 49,596 | $1.53B | $37.7M | $82.0M |
| 2013 | 3 | 49,771 | $1.46B | $22.7M | $72.4M |
| 2012 | 1 | 20,746 | $559M | $30.0M | $0 |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Willis Towers Watson | Actuarial | 1 | $1,388,926 |
| Fidelity Investments Institutional | Participant loan processing | 2 | $1,184,170 |
| Strategic Advisors, Inc. | Investment advisory (plan) | 2 | $1,168,973 |
| Locust Wood | Investment management | 1 | $252,709 |
| Northern Trust Company | Trustee (directed) | 1 | $248,247 |
| Towers Watson Investment Services, | Investment advisory (plan) | 1 | $78,650 |
| McConnell & Jones LLP | Accounting (including auditing) | 3 | $78,550 |
| Seyfarth Shaw LLP | Legal | 2 | $38,090 |
| Jacobs Levy Equity Management Inc. | Investment management | 1 | $24,938 |
| Pacific Ridge | Accounting (including auditing) | 1 | $22,134 |
| Montrusco | Investment management | 1 | $21,407 |
| The Bank of New York | Investment management | 1 | $15,726 |
| Harvey Partners LLC | Investment management | 1 | $13,128 |
| Putnam | Investment management | 1 | $7,633 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Memorial Hermann Health System have?
3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Memorial Hermann Health System Employees' Retirement Savings Plan, Memorial Hermann Pension Plan and Memorial Hermann Health System 401(k) Retirement Savings Plan and Trust. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Memorial Hermann Health System contribute to its plans?
$123,321,071 in employer contributions across these plans in their latest plan years, about $3,051 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Willis Towers Watson, Fidelity Investments Institutional, Strategic Advisors, Inc. and Locust Wood and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.