Defined Benefit (Pension) · DOL Form 5500 · 2022

UPMC Pension Plan

Data updated 2026-08-11

$2.8B
Total assets
68,708
Participants
100th
Percentile by assets
$40,603
Avg per participant
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Official DOL plan name: Upmc Basic Retirement Plan · Sponsored by UPMC · Pennsylvania · Healthcare & Social Assistance

$2.8B in assets, 68,708 participants

UPMC's Upmc Basic Retirement Plan reported $2.8B in total assets and 68,708 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)
  • #20,015 in Healthcare & Social Assistance (20,060 peers)

Coverage in Pennsylvania

Upmc Basic Retirement Plan covers 68,708 participants in Pennsylvania, 84x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.8B.

$2.8B
total plan assets (2022 EOY)
68,708
covered participants
100th
percentile by assets (of 139,126 plans)
$40,603
avg assets per participant

The plan reported a net loss of $379M 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. Upmc Basic Retirement Plan reports 68,708 participants - 84x that state average ($2.8B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$3.2B
Net Assets (End of Year)$2.8B
Net Income-$379M
Employer EIN251423657
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (UPMC)

$9B$10B$11B$12B$13B 202220232024 $9.74B $12.6B ▲ +29.8%
Total plan assets by year, all UPMC plans on file
Year Plans Participants Total Assets
2022 3 237,521 $9.7B
2023 3 246,091 $11.3B
2024 3 252,147 $12.6B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Upmc Basic Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Upmc Basic 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 Upmc Basic Retiremen…National Elevator In…Steelworkers Pension…The PNC Financial Se…Constellation Retire…The Bank of New York…
Upmc Basic Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Scale composition for Upmc Basic Retirement Plan

Upmc Basic Retirement Plan reports $2.8B in end-of-year assets across 68,708 participants (0.023% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.073% of 93,925,755 covered participants) - about $40,603 per participant (29% of the national average assets-per-participant) . Net income for plan year 2022 was -$379M.

This plan identity (EIN 251423657, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.8B to $3.0B (+7.9%) while covered participants moved from 68,708 to 74,793 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 68,708 $2.8B This page
2023 70,746 $2.8B Open filing
2024 · index core 74,793 $3.0B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

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

Frequently Asked Questions

How did Upmc Basic Retirement Plan assets move in 2022?
Upmc Basic Retirement Plan pulled back noticeably - down 12.0% during 2022, from $3.2B to $2.8B. Reported net income was -$379M.
How have UPMC plan assets changed over time?
Across 3 plan years on file (2022-2024), UPMC's sponsor-wide assets grew 29.8%, from $9.7B to $12.6B.
Where does Upmc Basic Retirement Plan rank by assets among Form 5500 filers?
Upmc Basic 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 Upmc Basic Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Retirement Benefit Plan of American Airlines, Inc. for Agent, Management, Specialist, Support Personnel and Officers in TX ($2.8B, 5,477 participants).

Filing takeaways

Ways to act on Upmc Basic Retirement Plan's numbers.