401(k) · DOL Form 5500 · 2022

Select Medical Corporation 401(k) Plan

Data updated 2026-08-25

$2.1B
Total assets Very large vs avg
39,306
Participants Very large workforce
99th
Percentile by assets National rank
$52,175
Avg per participant Low balance/head
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Official DOL plan name: Select Medical Corporation 401(k) Plan · Sponsored by Select Medical Corporation · Pennsylvania · Healthcare & Social Assistance

$2.1B in assets, 39,306 participants

Select Medical Corporation's Select Medical Corporation 401(k) Plan reported $2.1B in total assets and 39,306 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.

  • #19,987 in Healthcare & Social Assistance (20,060 peers)

Coverage in Pennsylvania

Select Medical Corporation 401(k) Plan covers 39,306 participants in Pennsylvania, 48x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.1B.

#19,987
in Healthcare & Social Assistance (20,060 peers)
-16.5%
assets change YoY
21×
vs typical plan assets (national mean)

The plan reported a net loss of $405M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Select Medical Corporation 401(k) Plan's outsized position by total assets

Select Medical Corporation 401(k) Plan vs every filed plan by assets

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

$2,050,781,819 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

Select Medical Corporation 401(k) 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. Select Medical Corporation 401(k) Plan is a mega filing (39,306 participants), the rightmost band on the breakdown.

Published 5500 schedule card

Filing strip 232872718 · Select Medical Corporation PY 2022 · 401(k)

Select Medical Corporation 401(k) Plan · $2.1B · 39,306 · 99th

  • IND $2.1B
  • IND 39,306
  • IND 99th
  • IND 401(k)
  • IND near Keysight Technologies, Inc. 401(k) Plan
  • IND ind #19987

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 →

Select Medical Corporation 401(k) Plan in the asset neighbourhood

Weyerhaeuser 401(k) Plan$2.1BSelect Medical Corporation 401(k) PlanSelect Medical Corporation 4…$2.1BKeysight Technologies, Inc. 401(k) PlanKeysight Technologies, Inc. …$2.0BBusiness Performance Savings Plan of Hallmark Cards, IncorporatedBusiness Performance Savings…$2.0BPaccar Inc Savings Investment PlanPaccar Inc Savings Investmen…$2.0B
End-of-year total assets ($B) among Select Medical Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.5B
Net Assets (End of Year)$2.1B
Net Income-$405M
Employer EIN232872718
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Select Medical Corporation)

Sponsor-wide plan assets over time

All Select Medical Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$2.8B 38.46879564129782% vs 2022
2024 filing year
$1.5B$2B$2.5B$3B 202220232024 $2.05B $2.84B ▲ +38.5%
Year Plans Participants Total Assets
2022 1 39,306 $2.1B
2023 1 42,145 $2.5B
2024 1 43,419 $2.8B

Nearby 401(k) Plans in Pennsylvania

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

Select Medical Corporation 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 05101520 Total assets ($B) Participants Select Medical Corporation 401(k) Plan, Total assets ($B): 2.050781819 · Participants: 39306Select Medical Corporation 401(k) 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
Select Medical Corporation 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Select Medical Corporation 401(k) Plan side-by-side with 3 peers →

Scale composition for Select Medical Corporation 401(k) Plan

Select Medical Corporation 401(k) Plan reports $2.1B in end-of-year assets across 39,306 participants (0.017% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.042% of 93,925,755 covered participants) - about $52,175 per participant (38% of the national average assets-per-participant) . Net income for plan year 2022 was -$405M.

This plan identity (EIN 232872718, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.1B to $2.8B (+38.5%) while covered participants moved from 39,306 to 43,419 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 39,306 $2.1B This page
2023 42,145 $2.5B Open filing
2024 · index core 43,419 $2.8B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Select Medical Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Keysight Technologies, Inc. 401(k) Plan in CA ($2.0B); by covered participants it is Iu Health 401(k) Savings Plan in IN (39,243 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (39,306 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 Select Medical Corporation 401(k) Plan assets move in 2022? ▼
Select Medical Corporation 401(k) Plan declined sharply - down 16.5% during 2022, from $2.5B to $2.1B. Reported net income was -$405M.
How have Select Medical Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Select Medical Corporation's sponsor-wide assets grew 38.5%, from $2.1B to $2.8B.
Where does Select Medical Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Select Medical Corporation 401(k) 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 Select Medical Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Keysight Technologies, Inc. 401(k) Plan in CA ($2.0B, 5,070 participants).
Which 401(k) plans cover a similar participant headcount to Select Medical Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Iu Health 401(k) Savings Plan in IN (39,243 participants, $3.2B 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 232872718.

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.