401(k) · DOL Form 5500 · 2022
Trustees of the Univ. of Penn 401(k) Plan
Data updated 2026-08-11
- $656M
- Total assets
- 34,360
- Participants
- 98th
- Percentile by assets
- $19,103
- Avg per participant
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.
- 98th percentile by assets (of 139,126 plans)
- #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.
- $656M
- total plan assets (2022 EOY)
- 34,360
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $19,103
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System reports 34,360 participants - 42x that state average ($656M EOY assets).
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)
| 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.
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System by total assets, not by location.
- 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
Frequently Asked Questions
How did Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System assets move in 2022? ▼
How have Trustees of the Univ. of Penn plan assets changed over time? ▼
Where does Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System? ▼
Next read for Retirement Contribution and 403(b) Match…
Filing takeaways
Ways to act on Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System's numbers.
- By total assets, Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Trustees of the Univ. of Penn's sponsor-wide assets have grown 27.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans