Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Pension Fund for Hospital and Health Care Employees · Pennsylvania · Healthcare & Social Assistance

What the 2023 filing shows

Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity holds $357M for 1,880 participants — about $189,657 per participant, down 15.1% over the 2022 plan year.

$357M
total plan assets (2022 EOY)
1,880
covered participants
$189,657
avg assets per participant
-15.1%
assets change YoY

The plan reported a net loss of $64M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$357M
Participants
1,880
State
Industry
Healthcare & Social Assistance

What the Filing Says About Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity

Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity is a Defined Benefit (Pension) retirement plan sponsored by Pension Fund for Hospital and Health Care Employees, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $357M in total end-of-year assets and covers 1,880 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 232627428, and the plan has been effective since 1991-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $420M at the beginning of 2022 to $357M at year-end — a decline of 15.1%. Net assets (after liabilities) closed the year at $356M, with reported net income of $-63,569,550 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$420M
Total Assets (End of Year)$357M
Net Assets (End of Year)$356M
Net Income$-63,569,550
Plan TypeDefined Benefit (Pension)
Employer EIN232627428
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pension Fund for Hospital and Health Care Employees)

Year Plans Participants Total Assets
2022 1 1,880 $357M
2023 1 1,911 $356M
2024 1 1,910 $353M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Frequently Asked Questions

How much money is in the Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity?
As of the 2022 Form 5500 filing, Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity holds $357M in total assets with 1,880 participants. It is sponsored by Pension Fund for Hospital and Health Care Employees.
What type of plan is Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity?
Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity is a Defined Benefit (Pension) plan. It has been effective since 1991-01-01. The plan is filed with the U.S. Department of Labor under EIN 232627428.
Who sponsors the Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity?
Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity is sponsored by Pension Fund for Hospital and Health Care Employees, located in Pennsylvania. The sponsor's EIN is 232627428 and the plan operates in the Healthcare & Social Assistance industry.
How did Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity perform in 2022?
Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity declined by 15.1% during 2022, moving from $420M to $357M in total assets. Net income was $-63,569,550.
Where can I find official filings for Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity?
Official Form 5500 filings for Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 232627428 or plan name at efast.dol.gov.
How does Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity compare to other plans?
You can compare Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity against other Defined Benefit (Pension) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 232627428.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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