Other · DOL Form 5500 · 2022

Trustees of the University of PA Retirement Plan

Data updated 2026-08-25

$5.5B
Total assets Very large vs avg
13,262
Participants Very large workforce
100th
Percentile by assets National rank
$417,029
Avg per participant High balance/head
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Official DOL plan name: The University of Pennsylvania Matching Plan · Sponsored by Trustees of the University of PA · Pennsylvania · Educational Services

$5.5B in assets, 13,262 participants

Trustees of the University of PA's The University of Pennsylvania Matching Plan reported $5.5B in total assets and 13,262 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.

  • #4,017 in Educational Services (4,024 peers)

Coverage in Pennsylvania

The University of Pennsylvania Matching Plan covers 13,262 participants in Pennsylvania, 16x the typical Pennsylvania plan (state average ~822 per filing). Assets: $5.5B.

#4,017
in Educational Services (4,024 peers)
-13.6%
assets change YoY
55×
vs typical plan assets (national mean)

The plan reported a net loss of $871M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The University of Pennsylvania Matching Plan's outsized position by total assets

The University of Pennsylvania Matching Plan vs every filed plan by assets

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

$5,530,640,141 Highest reported value at or above every one 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

The University of Pennsylvania Matching 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. The University of Pennsylvania Matching Plan is a mega filing (13,262 participants), the rightmost band on the breakdown.

Plan-year Form 5500 strip

Filing strip 231352685 · Trustees of the University of PA PY 2022 · Other

The University of Pennsylvania Matching Plan · $5.5B · 13,262 · 100th

  • RANK $5.5B
  • PHOTO 13,262
  • IND 100th
  • EOY Other
  • 5500 near Sutter Health 403(b) Savings Plan
  • ASSETS ind #4017

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 Educational Services retirement plans → · Plans in Pennsylvania →

The University of Pennsylvania Matching Plan in the asset neighbourhood

University of Rochester Retirement ProgramUniversity of Rochester Reti…$6.4BCleveland Clinic Savings and Investment PlanCleveland Clinic Savings and…$6.3BWashington University Retirement Savings PlanWashington University Retire…$5.9BThe University of Pennsylvania Matching PlanThe University of Pennsylvan…$5.5BSutter Health 403(b) Savings PlanSutter Health 403(b) Savings…$5.3B
End-of-year total assets ($B) among The University of Pennsylvania Matching Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$6.4B
Net Assets (End of Year)$5.5B
Net Income-$871M
Employer EIN231352685
Plan Effective Date1920-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the University of PA)

Sponsor-wide plan assets over time

All Trustees of the University of PA plans reported in each filing year

Latest sponsor-wide plan assets
$19.0B 27.12721195306361% vs 2022
2024 filing year
$14B$16B$18B$20B 202220232024 $14.9B $19B ▲ +27.1%
Year Plans Participants Total Assets
2022 8 129,893 $14.9B
2023 8 157,259 $17.0B
2024 8 162,824 $19.0B

Nearby Other Plans in Pennsylvania

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

The University of Pennsylvania Matching Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 123456 Total assets ($B) Participants The University of Pennsylvania Matching Plan, Total assets ($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 PlanThe Children's Hospital of Philadelphia Retirement Savings Plan, Total assets ($B): 1.761242911 · Participants: 15989The Children's Hospital of Philadelphia Retirement Savings Plan
The University of Pennsylvania Matching Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Scale composition for The University of Pennsylvania Matching Plan

The University of Pennsylvania Matching Plan reports $5.5B in end-of-year assets across 13,262 participants (0.045% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $417,029 per participant (3.0x the national average assets-per-participant) . Net income for plan year 2022 was -$871M.

This plan identity (EIN 231352685, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.5B to $7.0B (+26.3%) while covered participants moved from 13,262 to 22,110 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,262 $5.5B This page
2023 20,979 $6.3B Open filing
2024 · index core 22,110 $7.0B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

The University of Pennsylvania Matching Plan's out-of-state Other peers by assets and headcount

Outside Pennsylvania, the nearest Other by assets is Sutter Health 403(b) Savings Plan in CA ($5.3B); by covered participants it is The Moses H. Cone Memorial Hospital Voluntary Savings Plan in NC (13,292 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (13,262 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 The University of Pennsylvania Matching Plan assets move in 2022?
The University of Pennsylvania Matching Plan pulled back noticeably - down 13.6% during 2022, from $6.4B to $5.5B. Reported net income was -$871M.
How have Trustees of the University of PA plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of the University of PA's sponsor-wide assets grew 27.1%, from $14.9B to $19.0B.
Where does The University of Pennsylvania Matching Plan rank by assets among Form 5500 filers?
The University of Pennsylvania Matching 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 Other plans are similar in size to The University of Pennsylvania Matching Plan?
Among Other plans in other states, the closest by assets is Sutter Health 403(b) Savings Plan in CA ($5.3B, 48,591 participants).
Which Other plans cover a similar participant headcount to The University of Pennsylvania Matching Plan?
Among Other plans in other states, the closest by covered participants is The Moses H. Cone Memorial Hospital Voluntary Savings Plan in NC (13,292 participants, $1.2B in assets).