401(k) · DOL Form 5500 · 2022

Highmark Health 401(k) Plan

Data updated 2026-08-25

$2.0B
Total assets Very large vs avg
15,045
Participants Very large workforce
99th
Percentile by assets National rank
$134,467
Avg per participant Near avg balance/head
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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.

  • #9,149 in Finance & Insurance (9,261 peers)

Coverage in Pennsylvania

Highmark Investment Plan covers 15,045 participants in Pennsylvania, 18x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.0B.

#9,149
in Finance & Insurance (9,261 peers)
-12.9%
assets change YoY
20×
vs typical plan assets (national mean)

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.

Highmark Investment Plan's outsized position by total assets

Highmark Investment Plan vs every filed plan by assets

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

$2,023,059,739 Top 1% higher than 99% 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 Investment 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 Investment Plan is a mega filing (15,045 participants), the rightmost band on the breakdown.

Form 5500 schedule snapshot

Filing strip 453674900 · Highmark Health PY 2022 · 401(k)

Highmark Investment Plan · $2.0B · 15,045 · 99th

  • 5500 $2.0B
  • ASSETS 15,045
  • PCT 99th
  • EIN 401(k)
  • RANK near Gordon Food Service, Inc. Profit Sharing Plan
  • PHOTO ind #9149

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 Investment Plan in the asset neighbourhood

Lenovo Savings Plan$2.0BHighmark Investment Plan$2.0BGordon Food Service, Inc. Profit Sharing PlanGordon Food Service, Inc. Pr…$2.0BSteel Dynamics, Inc. Profit Sharing and Retirement Savings PlanSteel Dynamics, Inc. Profit …$2.0BVoya 401(k) Savings Plan$2.0B
End-of-year total assets ($B) among Highmark Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

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 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 Scatter plot of 6 data points. 020000400006000080000100000120000 05101520 Total assets ($B) Participants Highmark Investment Plan, Total assets ($B): 2.023059739 · Participants: 15045Highmark Investment PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
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 (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $134,467 per participant (97% 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:

Highmark Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Gordon Food Service, Inc. Profit Sharing Plan in MI ($2.0B); by covered participants it is Safelite Group Associates' Retirement Savings Plan in OH (15,049 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (15,045 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 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 139,126 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).
Which 401(k) plans cover a similar participant headcount to Highmark Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Safelite Group Associates' Retirement Savings Plan in OH (15,049 participants, $540M in assets).