Defined Benefit (Pension) · DOL Form 5500 · 2022

Highmark Health Pension Plan

Data updated 2026-08-11

$3.2B
Total assets
15,759
Participants
100th
Percentile by assets
$200,464
Avg per participant
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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.

  • 100th percentile by assets (of 139,126 plans)
  • #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.

$3.2B
total plan assets (2022 EOY)
15,759
covered participants
100th
percentile by assets (of 139,126 plans)
$200,464
avg assets per participant

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.

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Highmark Retirement Plan reports 15,759 participants - 19x that state average ($3.2B EOY assets).

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)

$5B$5.5B$6B$6.5B 202220232024 $5.18B $5.97B ▲ +15.3%
Total plan assets by year, all Highmark Health plans on file
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

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 …National Elevator In…Steelworkers Pension…The PNC Financial Se…Constellation Retire…The Bank of New York…
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:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Highmark Retirement Plan by total assets, not by location.

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).

Filing takeaways

Ways to act on Highmark Retirement Plan's numbers.