Other · DOL Form 5500 · 2022
Penn State Health Retirement Plan
Data updated 2026-08-25
- $373M
- Total assets Above avg plan size
- 16,787
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $22,210
- Avg per participant Low balance/head
Official DOL plan name: Penn State Health Tax Sheltered Annuity Program · Sponsored by Penn State Health · Pennsylvania · Healthcare & Social Assistance
$373M in assets, 16,787 participants
Penn State Health's Penn State Health Tax Sheltered Annuity Program reported $373M in total assets and 16,787 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- #19,578 in Healthcare & Social Assistance (20,060 peers)
Coverage in Pennsylvania
Penn State Health Tax Sheltered Annuity Program covers 16,787 participants in Pennsylvania, 20x the typical Pennsylvania plan (state average ~822 per filing). Assets: $373M.
- #19,578
- in Healthcare & Social Assistance (20,060 peers)
- -13.3%
- assets change YoY
- 3.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $57M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Penn State Health Tax Sheltered Annuity Program's outsized position by total assets
Penn State Health Tax Sheltered Annuity Program vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$372,847,406 Top 3% higher than 97% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Penn State Health Tax Sheltered Annuity Program's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Penn State Health Tax Sheltered Annuity Program is a mega filing (16,787 participants), the rightmost band on the breakdown.
Form 5500 schedule snapshot
Filing strip 473769205 · Penn State Health PY 2022 · Other
Penn State Health Tax Sheltered Annuity Program · $373M · 16,787 · 97th
- PHOTO $373M
- IND 16,787
- EOY 97th
- 5500 Other
- ASSETS near Noblis, Inc. Tax Sheltered Annuity Plan
- PCT ind #19578
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 Pennsylvania →
Penn State Health Tax Sheltered Annuity Program in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $430M |
|---|---|
| Net Assets (End of Year) | $373M |
| Net Income | -$57M |
| Employer EIN | 473769205 |
| Plan Effective Date | 2017-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Penn State Health)
Sponsor-wide plan assets over time
All Penn State Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.5B 37.468703821557746% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 33,697 | $2.5B |
| 2023 | 2 | 32,980 | $3.0B |
| 2024 | 2 | 34,333 | $3.5B |
Nearby Other Plans in Pennsylvania
Peer Other plans, same state, same plan type, ranked by total assets.
- The University of Pennsylvania Matching Plan $5.5B · 13,262
- Upmc 403(b) Retirement Savings Plan $3.5B · 75,307
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan $2.5B · 39,740
- Carnegie Mellon University Faculty and Staff Retirement Plan $2.2B · 6,166
- Jefferson Defined Contribution Retirement Plan $2.1B · 14,302
Scale composition for Penn State Health Tax Sheltered Annuity Program
Penn State Health Tax Sheltered Annuity Program reports $373M in end-of-year assets across 16,787 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $22,210 per participant (16% of the national average assets-per-participant) . Net income for plan year 2022 was -$57M.
This plan identity (EIN 473769205, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $373M to $532M (+42.8%) while covered participants moved from 16,787 to 18,777 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 16,787 | $373M | This page |
| 2023 | 18,215 | $444M | Open filing |
| 2024 · index core | 18,777 | $532M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Penn State Health 401(k) Savings Plan (401(k), $2.9B, 15,556 participants)
- Penn State Health Tax Sheltered Annuity Program (Other, $532M, 18,777 participants)
Penn State Health Tax Sheltered Annuity Program's out-of-state Other peers by assets and headcount
Outside Pennsylvania, the nearest Other by assets is Noblis, Inc. Tax Sheltered Annuity Plan in VA ($374M); by covered participants it is Yale University Tax-Deferred 403(b) Savings Plan in CT (16,785 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($373M here).
- Noblis, Inc. Tax Sheltered Annuity Plan (VA) $374M · 2,108
- Midwestern University Retirement Plan (IL) $374M · 1,585
- Caromont Health, Inc. Retirement Savings Plan (NC) $375M · 4,211
- Bjc 403(b) Plan (MO) $371M · 5,418
Similar participant headcount
Nearest other-state filings by covered participants (16,787 participants); asset peers above are excluded.
- Yale University Tax-Deferred 403(b) Savings Plan (CT) 16,785 · 2 off
- Columbia University Voluntary Retirement Savings Plan (NY) 16,817 · 30 off
- Henry Ford Health System Heritage 403(b) Plan (MI) 17,067 · 280 off
- Scripps Health 403(b) Plan (CA) 16,497 · 290 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.