Other · DOL Form 5500 · 2022

Somerset Hospital Retirement Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
762
Participants Near avg headcount
84th
Percentile by assets National rank
$44,334
Avg per participant Low balance/head
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Official DOL plan name: Somerset Hospital 403(b) Plan · Sponsored by Somerset Hospital · Pennsylvania · Healthcare & Social Assistance

$34M in assets, 762 participants

Somerset Hospital's Somerset Hospital 403(b) Plan reported $34M in total assets and 762 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #17,387 in Healthcare & Social Assistance (20,060 peers)

Where Somerset Hospital 403(b) Plan sits by assets

Somerset Hospital 403(b) Plan sits in the top quartile of all filed plans by assets, $34M for 762 participants (~$44,334/participant), down 22.8% in 2022.

#17,387
in Healthcare & Social Assistance (20,060 peers)
-22.8%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Somerset Hospital 403(b) Plan's outsized position by total assets

Somerset Hospital 403(b) Plan vs every filed plan by assets

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

$33,782,229 Top 16% higher than 84% 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

Somerset Hospital 403(b) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Somerset Hospital 403(b) Plan sits mid-pack in the medium band (762 participants).

EBSA filing schedule strip

Filing strip 250965570 · Somerset Hospital PY 2022 · Other

Somerset Hospital 403(b) Plan · $34M · 762 · 84th

  • NET $34M
  • NET 762
  • NET 84th
  • NET Other
  • NET near Sheet Metal Workers Local No.83 Annuity Fund
  • NET ind #17387

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 Healthcare & Social Assistance retirement plans → · Plans in Pennsylvania →

Somerset Hospital 403(b) Plan in the asset neighbourhood

Lgi Services, LLC 403(b) Plan$34MSomerset Hospital 403(b) Plan$34MSheet Metal Workers Local No.83 Annuity FundSheet Metal Workers Local No…$34MSidwell Friends School Tax Deferred Annuity PlanSidwell Friends School Tax D…$34MRetirement Plan for Employees of Kintegra HealthRetirement Plan for Employee…$34M
End-of-year total assets ($M) among Somerset Hospital 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$34M
Net Income-$9M
Employer EIN250965570
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Somerset Hospital)

Sponsor-wide plan assets over time

All Somerset Hospital plans reported in each filing year

Latest sponsor-wide plan assets
$32M 4.486160460282239% vs 2022
2024 filing year
$32M$32.5M$33M$33.5M$34M 202220232024 $33.8M $32.3M ▼ -4.5%
Year Plans Participants Total Assets
2022 1 762 $34M
2023 1 665 $34M
2024 1 489 $32M

Nearby Other Plans in Pennsylvania

Peer Other plans, same state, same plan type, ranked by total assets.

Somerset Hospital 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246 Total assets ($B) Participants Somerset Hospital 403(b) Plan, Total assets ($B): 0.033782229 · Participants: 762Somerset Hospital 403(b) PlanThe University of Pennsylvania Matching Plan, Total assets ($B): 5.530640141 · Participants: 13262The University of Pennsylvania Matching PlanUpmc 403(b) Retirement Savings Plan, Total assets ($B): 3.456020418 · Participants: 75307Upmc 403(b) Retirement Savings PlanThe University of Pennsylvania Health System 403(b) Retirement Savings Plan, Total assets ($B): 2.490968748 · Participants: 39740The University of Pennsylvania Health System 403(b) Retirement Savings PlanCarnegie Mellon University Faculty and Staff Retirement Plan, Total assets ($B): 2.240167169 · Participants: 6166Carnegie Mellon University Faculty and Staff Retirement PlanJefferson Defined Contribution Retirement Plan, Total assets ($B): 2.11120447 · Participants: 14302Jefferson Defined Contribution Retirement Plan
Somerset Hospital 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants
Compare Somerset Hospital 403(b) Plan side-by-side with 3 peers →

Somerset Hospital 403(b) Plan's out-of-state Other peers by assets and headcount

Outside Pennsylvania, the nearest Other by assets is Sheet Metal Workers Local No.83 Annuity Fund in NY ($34M); by covered participants it is 403(b) Thrift Plan of East End Disability Associates, Inc. in NY (763 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (762 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 Somerset Hospital 403(b) Plan assets move in 2022? ▼
Somerset Hospital 403(b) Plan declined sharply - down 22.8% during 2022, from $44M to $34M. Reported net income was -$9M.
How have Somerset Hospital plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Somerset Hospital's sponsor-wide assets declined 4.5%, from $34M to $32M.
Where does Somerset Hospital 403(b) Plan rank by assets among Form 5500 filers? ▼
Somerset Hospital 403(b) Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Somerset Hospital 403(b) Plan? ▼
Among Other plans in other states, the closest by assets is Sheet Metal Workers Local No.83 Annuity Fund in NY ($34M, 348 participants).
Which Other plans cover a similar participant headcount to Somerset Hospital 403(b) Plan? ▼
Among Other plans in other states, the closest by covered participants is 403(b) Thrift Plan of East End Disability Associates, Inc. in NY (763 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 250965570.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.