401(k) · DOL Form 5500 · 2023
Highmark Health 401(k) Plan
Data updated 2026-08-25
- $2.5B
- Total assets Very large vs avg
- 15,996
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $155,836
- Avg per participant Above avg balance/head
Official DOL plan name: Highmark Investment Plan · Sponsored by Highmark Health · Pennsylvania · Finance & Insurance
$2.5B in assets, 15,996 participants
Highmark Health's Highmark Investment Plan reported $2.5B in total assets and 15,996 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #8,765 in Finance & Insurance (8,869 peers)
Coverage in Pennsylvania
Highmark Investment Plan covers 15,996 participants in Pennsylvania, 19x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.5B.
- #8,765
- in Finance & Insurance (8,869 peers)
- +23.2%
- assets growth YoY
- 25×
- vs typical plan assets (national mean)
Highmark Investment Plan's outsized position by total assets
Highmark Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,492,746,476 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Highmark Investment Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Highmark Investment Plan is a mega filing (15,996 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Highmark Investment Plan reported net income rose from -$302M in the plan year 2022 filing to $461M in the plan year 2023 filing.
- Highmark Investment Plan end-of-year assets rose from $2.0B in the plan year 2022 filing to $2.5B in the plan year 2023 filing.
- Highmark Investment Plan reported participants rose from 15,045 in the plan year 2022 filing to 15,996 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 453674900 · Highmark Health PY 2023 · 401(k)
Highmark Investment Plan · $2.5B · 15,996 · 99th
- BOOK $2.5B
- BOOK 15,996
- BOOK 99th
- BOOK 401(k)
- BOOK near Trinet Select 401(k) Plan
- BOOK ind #8765
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 Finance & Insurance retirement plans → · Plans in Pennsylvania →
Highmark Investment Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $2.5B |
| Net Income | $461M |
| Employer EIN | 453674900 |
| Plan Effective Date | 1984-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Highmark Health)
Sponsor-wide plan assets over time
All Highmark Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $6.0B 15.248406515244817% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 30,804 | $5.2B |
| 2023 | 2 | 30,774 | $5.8B |
| 2024 | 2 | 29,485 | $6.0B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
Scale composition for Highmark Investment Plan
Highmark Investment Plan reports $2.5B in end-of-year assets across 15,996 participants (0.020% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $155,836 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $461M.
This plan identity (EIN 453674900, plan #334) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $2.9B (+41.4%) while covered participants moved from 15,045 to 15,661 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 15,045 | $2.0B | Open filing |
| 2023 | 15,996 | $2.5B | This page |
| 2024 · index core | 15,661 | $2.9B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Highmark Retirement Plan (Defined Benefit (Pension), $3.1B, 13,824 participants)
- Highmark Investment Plan (401(k), $2.9B, 15,661 participants)
Highmark Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Trinet Select 401(k) Plan in FL ($2.5B); by covered participants it is Bright Horizons 401(k) Plan in MA (15,998 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.5B here).
- Trinet Select 401(k) Plan (FL) $2.5B · 21,888
- Gordon Food Service, Inc. Profit Sharing Plan (MI) $2.5B · 13,416
- Advanced Micro Devices, Inc. Retirement Savings Plan (TX) $2.5B · 8,898
- Gundersen Lutheran Employees' Retirement Plan (WI) $2.5B · 7,313
Similar participant headcount
Nearest other-state filings by covered participants (15,996 participants); asset peers above are excluded.
- Bright Horizons 401(k) Plan (MA) 15,998 · 2 off
- Clean Harbors Savings and Retirement Plan (MA) 15,989 · 7 off
- Waste Connections, Inc. 401(k) Profit Sharing Plan (TX) 16,010 · 14 off
- Nfi Industries, Inc. Employee Retirement Savings Plan (NJ) 15,956 · 40 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.