Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of the University of Pennsylvania Pension Plan

Data updated 2026-08-25

$2.9B
Total assets Very large vs avg
5,489
Participants Above avg headcount
100th
Percentile by assets National rank
$527,995
Avg per participant High balance/head
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Official DOL plan name: University of Pennsylvania Health System Pension Plan · Sponsored by Trustees of the University of Pennsylvania · Pennsylvania · Healthcare & Social Assistance

$2.9B in assets, 5,489 participants

Trustees of the University of Pennsylvania's University of Pennsylvania Health System Pension Plan reported $2.9B in total assets and 5,489 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.

  • #20,017 in Healthcare & Social Assistance (20,060 peers)

Coverage in Pennsylvania

University of Pennsylvania Health System Pension Plan covers 5,489 participants in Pennsylvania, 6.7x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.9B.

#20,017
in Healthcare & Social Assistance (20,060 peers)
+31.5%
assets growth YoY
29×
vs typical plan assets (national mean)

The plan reported a net loss of $42M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

University of Pennsylvania Health System Pension Plan's outsized position by total assets

University of Pennsylvania Health System Pension Plan vs every filed plan by assets

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

$2,898,166,129 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

University of Pennsylvania Health System Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. University of Pennsylvania Health System Pension Plan lands in the large band (5,489 participants).

Form 5500 schedule snapshot

Filing strip 231352685 · Trustees of the University of Pennsylvania PY 2022 · Defined Benefit (Pension)

University of Pennsylvania Health System Pension Plan · $2.9B · 5,489 · 100th

  • EBSA $2.9B
  • PART 5,489
  • TYPE 100th
  • NET Defined Benefit (Pension)
  • BOOK near U.S. Bank Legacy Pension Plan
  • VS-ST ind #20017

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 →

University of Pennsylvania Health System Pension Plan in the asset neighbourhood

General Dynamics Retirement Plan (Government)General Dynamics Retirement …$2.9BU.S. Bank Legacy Pension Plan$2.9BUniversity of Pennsylvania Health System Pension PlanUniversity of Pennsylvania H…$2.9BPension Plan of Public Service Enterprise Group IncorporatedPension Plan of Public Servi…$2.9BConstruction Laborers Pension Trust Fund for Southern CaliforniaConstruction Laborers Pensio…$2.9B
End-of-year total assets ($B) among University of Pennsylvania Health System Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.2B
Net Assets (End of Year)$2.9B
Net Income-$42M
Employer EIN231352685
Plan Effective Date1978-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the University of Pennsylvania)

Sponsor-wide plan assets over time

All Trustees of the University of Pennsylvania 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 Defined Benefit (Pension) Plans in Pennsylvania

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

University of Pennsylvania Health System Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 24681012 Total assets ($B) Participants University of Pennsylvania Health System Pension Plan, Total assets ($B): 2.898166129 · Participants: 5489University of Pennsylvania Health System Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
University of Pennsylvania Health System Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Scale composition for University of Pennsylvania Health System Pension Plan

University of Pennsylvania Health System Pension Plan reports $2.9B in end-of-year assets across 5,489 participants (0.024% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $527,995 per participant (3.8x the national average assets-per-participant) . Net income for plan year 2022 was -$42M.

This plan identity (EIN 231352685, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.9B to $2.8B (-1.9%) while covered participants moved from 5,489 to 7,714 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,489 $2.9B This page
2023 8,369 $2.8B Open filing
2024 · index core 7,714 $2.8B Open filing

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

University of Pennsylvania Health System Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is U.S. Bank Legacy Pension Plan in MN ($2.9B); by covered participants it is The Retirement Benefit Plan of American Airlines, Inc. for Agent, Management, Specialist, Support Personnel and Officers in TX (5,477 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,489 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 University of Pennsylvania Health System Pension Plan assets move in 2022? ▼
University of Pennsylvania Health System Pension Plan surged - up 31.5% during 2022, from $2.2B to $2.9B. Reported net income was -$42M.
How have Trustees of the University of Pennsylvania plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of the University of Pennsylvania's sponsor-wide assets grew 27.1%, from $14.9B to $19.0B.
Where does University of Pennsylvania Health System Pension Plan rank by assets among Form 5500 filers? ▼
University of Pennsylvania Health System Pension 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 Defined Benefit (Pension) plans are similar in size to University of Pennsylvania Health System Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is U.S. Bank Legacy Pension Plan in MN ($2.9B, 1,398 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to University of Pennsylvania Health System Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Retirement Benefit Plan of American Airlines, Inc. for Agent, Management, Specialist, Support Personnel and Officers in TX (5,477 participants, $2.8B in assets).