Other · DOL Form 5500 · 2022

Trustees of the Univ. of Penn Retirement Plan

Data updated 2026-08-25

$2.5B
Total assets Very large vs avg
39,740
Participants Very large workforce
100th
Percentile by assets National rank
$62,682
Avg per participant Low balance/head
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Official DOL plan name: The University of Pennsylvania Health System 403(b) Retirement Savings Plan · Sponsored by Trustees of the Univ. of Penn · Pennsylvania · Healthcare & Social Assistance

$2.5B in assets, 39,740 participants

Trustees of the Univ. of Penn's The University of Pennsylvania Health System 403(b) Retirement Savings Plan reported $2.5B in total assets and 39,740 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.

  • #20,005 in Healthcare & Social Assistance (20,060 peers)

Coverage in Pennsylvania

The University of Pennsylvania Health System 403(b) Retirement Savings Plan covers 39,740 participants in Pennsylvania, 48x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.5B.

#20,005
in Healthcare & Social Assistance (20,060 peers)
-11.3%
assets change YoY
25×
vs typical plan assets (national mean)

The plan reported a net loss of $348M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The University of Pennsylvania Health System 403(b) Retirement Savings Plan's outsized position by total assets

The University of Pennsylvania Health System 403(b) Retirement Savings Plan vs every filed plan by assets

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

$2,490,968,748 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 Health System 403(b) Retirement Savings 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 Health System 403(b) Retirement Savings Plan is a mega filing (39,740 participants), the rightmost band on the breakdown.

Published 5500 schedule card

Filing strip 231352685 · Trustees of the Univ. of Penn PY 2022 · Other

The University of Pennsylvania Health System 403(b) Retirement Savings Plan · $2.5B · 39,740 · 100th

  • PHOTO $2.5B
  • IND 39,740
  • EOY 100th
  • 5500 Other
  • ASSETS near The Johns Hopkins University Applied Physics Laboratory Pension Plan B
  • PCT ind #20005

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 →

The University of Pennsylvania Health System 403(b) Retirement Savings Plan in the asset neighbourhood

The University of Pennsylvania Health System 403(b) Retirement Savings PlanThe University of Pennsylvan…$2.5BThe Johns Hopkins University Applied Physics Laboratory Pension Plan BThe Johns Hopkins University…$2.5BBoston University Retirement PlanBoston University Retirement…$2.5BInt'l Brotherhood of Electrical Workers' Pension Benefit FundInt'l Brotherhood of Electri…$2.5BCornell University Retirement Plan for the Employees of the Endowed Colleges at IthacaCornell University Retiremen…$2.4B
End-of-year total assets ($B) among The University of Pennsylvania Health System 403(b) Retirement Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.8B
Net Assets (End of Year)$2.5B
Net Income-$348M
Employer EIN231352685
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the Univ. of Penn)

Sponsor-wide plan assets over time

All Trustees of the Univ. of Penn 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 Health System 403(b) Retirement Savings Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 123456 Total assets ($B) Participants The University of Pennsylvania Health System 403(b) Retirement Savings Plan, Total assets ($B): 2.490968748 · Participants: 39740The University of Pennsylvania Health System 403(b) Retirement Savings 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 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 Health System 403(b) Retirement Savings Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Scale composition for The University of Pennsylvania Health System 403(b) Retirement Savings Plan

The University of Pennsylvania Health System 403(b) Retirement Savings Plan reports $2.5B in end-of-year assets across 39,740 participants (0.020% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.042% of 93,925,755 covered participants) - about $62,682 per participant (45% of the national average assets-per-participant) . Net income for plan year 2022 was -$348M.

This plan identity (EIN 231352685, plan #018) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.5B to $3.6B (+42.6%) while covered participants moved from 39,740 to 43,405 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 39,740 $2.5B This page
2023 41,942 $3.1B Open filing
2024 · index core 43,405 $3.6B Open filing

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

The University of Pennsylvania Health System 403(b) Retirement Savings Plan's out-of-state Other peers by assets and headcount

Outside Pennsylvania, the nearest Other by assets is The Johns Hopkins University Applied Physics Laboratory Pension Plan B in MD ($2.5B); by covered participants it is The Retirement Savings Plan in NY (39,938 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (39,740 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 Health System 403(b) Retirement Savings Plan assets move in 2022?
The University of Pennsylvania Health System 403(b) Retirement Savings Plan pulled back noticeably - down 11.3% during 2022, from $2.8B to $2.5B. Reported net income was -$348M.
How have Trustees of the Univ. of Penn plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of the Univ. of Penn's sponsor-wide assets grew 27.1%, from $14.9B to $19.0B.
Where does The University of Pennsylvania Health System 403(b) Retirement Savings Plan rank by assets among Form 5500 filers?
The University of Pennsylvania Health System 403(b) Retirement Savings 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 Health System 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by assets is The Johns Hopkins University Applied Physics Laboratory Pension Plan B in MD ($2.5B, 8,736 participants).
Which Other plans cover a similar participant headcount to The University of Pennsylvania Health System 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by covered participants is The Retirement Savings Plan in NY (39,938 participants, $3.3B in assets).