Other · DOL Form 5500 · 2022
Penn State Health Retirement Plan
Data updated 2026-08-06
- $373M
- Total assets
- 16,787
- Participants
- 97th
- Percentile by assets
- $22,210
- Avg per participant
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.
- 97th percentile by assets (of 139,258 plans)
- #19,605 in Healthcare & Social Assistance (20,087 peers)
Coverage in Pennsylvania
Penn State Health Tax Sheltered Annuity Program covers 16,787 participants in Pennsylvania, 20x the typical Pennsylvania plan (state average ~824 per filing). Assets: $373M.
- $373M
- total plan assets (2022 EOY)
- 16,787
- covered participants
- 97th
- percentile by assets (of 139,258 plans)
- $22,210
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Penn State Health Tax Sheltered Annuity Program reports 16,787 participants - 20x that state average ($373M EOY assets).
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)
| 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.
Penn State Health Tax Sheltered Annuity Program vs. nearby Other plans in Pennsylvania, assets vs. participants
- 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 $11.6T held by all Form 5500 filers in the national rollup , and 0.019% of 89,805,449 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)
Similar-Sized Other Plans Nationally
Other plans in other states closest to Penn State Health Tax Sheltered Annuity Program by total assets, not by location.
- 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
Frequently Asked Questions
How did Penn State Health Tax Sheltered Annuity Program assets move in 2022? ▼
How have Penn State Health plan assets changed over time? ▼
Where does Penn State Health Tax Sheltered Annuity Program rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to Penn State Health Tax Sheltered Annuity Program? ▼
Next read for Penn State Health Tax Sheltered Annuity …
Filing takeaways
Ways to act on Penn State Health Tax Sheltered Annuity Program's numbers.
- By total assets, Penn State Health Tax Sheltered Annuity Program ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Pennsylvania. Compare plans
- Penn State Health's sponsor-wide assets have grown 37.5% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans