401(k) · DOL Form 5500 · 2022

Highmark Health 401(k) Plan

Data updated 2026-08-06

$2.0B
Total assets
15,045
Participants
99th
Percentile by assets
$134,467
Avg per participant
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Official DOL plan name: Highmark Investment Plan · Sponsored by Highmark Health · Pennsylvania · Finance & Insurance

$2.0B in assets, 15,045 participants

Highmark Health's Highmark Investment Plan reported $2.0B in total assets and 15,045 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,258 plans)
  • #9,155 in Finance & Insurance (9,267 peers)

Coverage in Pennsylvania

Highmark Investment Plan covers 15,045 participants in Pennsylvania, 18x the typical Pennsylvania plan (state average ~824 per filing). Assets: $2.0B.

$2.0B
total plan assets (2022 EOY)
15,045
covered participants
99th
percentile by assets (of 139,258 plans)
$134,467
avg assets per participant

The plan reported a net loss of $302M 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. Highmark Investment Plan reports 15,045 participants - 18x that state average ($2.0B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.3B
Net Assets (End of Year)$2.0B
Net Income-$302M
Employer EIN453674900
Plan Effective Date1984-07-01
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 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Highmark Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Highmark Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 05101520 Total assets ($B) Participants Highmark Investment …Comcast Corporation …Cigna 401(k) PlanThe PNC Financial Se…The Vanguard Retirem…The Bank of New York…
Highmark Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Highmark Investment Plan

Highmark Investment Plan reports $2.0B in end-of-year assets across 15,045 participants (0.017% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.017% of 89,805,449 covered participants) - about $134,467 per participant (98% of the national average assets-per-participant) . Net income for plan year 2022 was -$302M.

This plan identity (EIN 453674900, plan #334) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $2.9B (+41.4%) while covered participants moved from 15,045 to 15,661 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 15,045 $2.0B This page
2023 15,996 $2.5B Open filing
2024 · index core 15,661 $2.9B Open filing

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Highmark Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Highmark Investment Plan assets move in 2022?
Highmark Investment Plan pulled back noticeably - down 12.9% during 2022, from $2.3B to $2.0B. Reported net income was -$302M.
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 Investment Plan rank by assets among Form 5500 filers?
Highmark Investment Plan ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Highmark Investment Plan?
Among 401(k) plans in other states, the closest by assets is Gordon Food Service, Inc. Profit Sharing Plan in MI ($2.0B, 12,710 participants).

Filing takeaways

Ways to act on Highmark Investment Plan's numbers.