Defined Benefit (Pension) · DOL Form 5500 · 2022

Highmark Health Pension Plan

Data updated 2026-08-25

$3.2B
Total assets Very large vs avg
15,759
Participants Very large workforce
100th
Percentile by assets National rank
$200,464
Avg per participant Above avg balance/head
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Official DOL plan name: Highmark Retirement Plan · Sponsored by Highmark Health · Pennsylvania · Finance & Insurance

$3.2B in assets, 15,759 participants

Highmark Health's Highmark Retirement Plan reported $3.2B in total assets and 15,759 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • #9,187 in Finance & Insurance (9,261 peers)

Coverage in Pennsylvania

Highmark Retirement Plan covers 15,759 participants in Pennsylvania, 19x the typical Pennsylvania plan (state average ~822 per filing). Assets: $3.2B.

#9,187
in Finance & Insurance (9,261 peers)
-30.4%
assets change YoY
32×
vs typical plan assets (national mean)

The plan reported a net loss of $1.1B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Highmark Retirement Plan's outsized position by total assets

Highmark Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$3,159,108,445 Highest reported value at or above every one of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Highmark Retirement Plan'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. Highmark Retirement Plan is a mega filing (15,759 participants), the rightmost band on the breakdown.

DOL schedule card

Filing strip 453674900 · Highmark Health PY 2022 · Defined Benefit (Pension)

Highmark Retirement Plan · $3.2B · 15,759 · 100th

  • EBSA $3.2B
  • PART 15,759
  • TYPE 100th
  • NET Defined Benefit (Pension)
  • BOOK near The Continental Retirement Plan
  • VS-ST ind #9187

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 Finance & Insurance retirement plans → · Plans in Pennsylvania →

Highmark Retirement Plan in the asset neighbourhood

Entergy Corporation Retirement Plan for Non-Bargaining EmployeesEntergy Corporation Retireme…$3.2BDuke Energy Retirement Cash Balance PlanDuke Energy Retirement Cash …$3.2BHighmark Retirement Plan$3.2BThe Continental Retirement PlanThe Continental Retirement P…$3.2BEmerson Electric Company Retirement PlanEmerson Electric Company Ret…$3.1B
End-of-year total assets ($B) among Highmark Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$4.5B
Net Assets (End of Year)$3.1B
Net Income-$1.1B
Employer EIN453674900
Plan Effective Date1974-06-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Highmark Health)

Sponsor-wide plan assets over time

All Highmark Health plans reported in each filing year

Latest sponsor-wide plan assets
$6.0B 15.248406515244817% vs 2022
2024 filing year
$5B$5.5B$6B$6.5B 202220232024 $5.18B $5.97B ▲ +15.3%
Year Plans Participants Total Assets
2022 2 30,804 $5.2B
2023 2 30,774 $5.8B
2024 2 29,485 $6.0B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Highmark Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 24681012 Total assets ($B) Participants Highmark Retirement Plan, Total assets ($B): 3.159108445 · Participants: 15759Highmark Retirement PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Highmark Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Scale composition for Highmark Retirement Plan

Highmark Retirement Plan reports $3.2B in end-of-year assets across 15,759 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $200,464 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2022 was -$1.1B.

This plan identity (EIN 453674900, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.2B to $3.1B (-1.5%) while covered participants moved from 15,759 to 13,824 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 15,759 $3.2B This page
2023 14,778 $3.3B Open filing
2024 · index core 13,824 $3.1B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Highmark Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is The Continental Retirement Plan in TX ($3.2B); by covered participants it is Ecolab Pension Plan in MN (15,726 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (15,759 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Highmark Retirement Plan assets move in 2022? ▼
Highmark Retirement Plan contracted severely - down 30.4% during 2022, from $4.5B to $3.2B. Reported net income was -$1.1B.
How have Highmark Health plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Highmark Health's sponsor-wide assets grew 15.2%, from $5.2B to $6.0B.
Where does Highmark Retirement Plan rank by assets among Form 5500 filers? ▼
Highmark Retirement Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Highmark Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Continental Retirement Plan in TX ($3.2B, 24,855 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Highmark Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ecolab Pension Plan in MN (15,726 participants, $1.7B in assets).