401(k) · DOL Form 5500 · 2022
Trustees of the Univ. of Penn 401(k) Plan
Data updated 2026-08-25
- $656M
- Total assets Above avg plan size
- 34,360
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $19,103
- Avg per participant Low balance/head
Official DOL plan name: Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System · Sponsored by Trustees of the Univ. of Penn · Pennsylvania · Healthcare & Social Assistance
$656M in assets, 34,360 participants
Trustees of the Univ. of Penn's Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System reported $656M in total assets and 34,360 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- #19,775 in Healthcare & Social Assistance (20,060 peers)
Coverage in Pennsylvania
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System covers 34,360 participants in Pennsylvania, 42x the typical Pennsylvania plan (state average ~822 per filing). Assets: $656M.
- #19,775
- in Healthcare & Social Assistance (20,060 peers)
- -16.0%
- assets change YoY
- 6.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $125M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System's outsized position by total assets
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$656,375,070 Top 2% higher than 98% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System'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. Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System is a mega filing (34,360 participants), the rightmost band on the breakdown.
Plan-year Form 5500 strip
Filing strip 231352685 · Trustees of the Univ. of Penn PY 2022 · 401(k)
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System · $656M · 34,360 · 98th
- 5500 $656M
- 5500 34,360
- 5500 98th
- 5500 401(k)
- 5500 near Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan
- 5500 ind #19775
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 →
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $781M |
|---|---|
| Net Assets (End of Year) | $656M |
| Net Income | -$125M |
| Employer EIN | 231352685 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 8 | 129,893 | $14.9B |
| 2023 | 8 | 157,259 | $17.0B |
| 2024 | 8 | 162,824 | $19.0B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $14.8B · 97,769
- Cigna 401(k) Plan $11.5B · 66,147
- The PNC Financial Services Group, Inc. Incentive Savings Plan $8.1B · 59,451
- The Vanguard Retirement and Savings Plan $8.1B · 17,073
- The Bank of New York Mellon Corporation 401(k) Savings Plan $7.8B · 25,071
Scale composition for Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System reports $656M in end-of-year assets across 34,360 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.037% of 93,925,755 covered participants) - about $19,103 per participant (14% of the national average assets-per-participant) . Net income for plan year 2022 was -$125M.
This plan identity (EIN 231352685, plan #039) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $656M to $1.1B (+69.1%) while covered participants moved from 34,360 to 39,758 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 34,360 | $656M | This page |
| 2023 | 38,179 | $889M | Open filing |
| 2024 · index core | 39,758 | $1.1B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- The University of Pennsylvania Matching Plan (Other, $7.0B, 22,110 participants)
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan (Other, $3.6B, 43,405 participants)
- University of Pennsylvania Health Sysytem Pension Plan (Defined Benefit (Pension), $2.8B, 7,714 participants)
- Supplemental Retirement Annuity Plan of the University of Pennsylvania (Other, $2.3B, 26,892 participants)
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan in MN ($656M); by covered participants it is Red Lobster 401(k) Plan in FL (34,346 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($656M here).
- Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan (MN) $656M · 4,060
- Luxottica Group Tax Incentive Savings Plan (OH) $656M · 28,029
- Cbera Plan a (MA) $658M · 3,030
- Trinity Health 401(k) Retirement Savings Plan (MI) $655M · 6,709
Similar participant headcount
Nearest other-state filings by covered participants (34,360 participants); asset peers above are excluded.
- Red Lobster 401(k) Plan (FL) 34,346 · 14 off
- Global Medical Response, Inc. 401(k) Plan (CO) 34,386 · 26 off
- Advantage 401(k) Savings Plan (CA) 34,467 · 107 off
- J.B. Hunt Transport Services, Inc. Employee Retirement Plan (AR) 34,174 · 186 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.