401(k) · DOL Form 5500 · 2023
Highmark Health 401(k) Plan
Data updated 2026-08-06
- $2.5B
- Total assets
- 15,996
- Participants
- 99th
- Percentile by assets
- $155,836
- Avg per participant
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.
- 99th percentile by assets (of 126,618 plans)
- #8,748 in Finance & Insurance (8,852 peers)
Coverage in Pennsylvania
Highmark Investment Plan covers 15,996 participants in Pennsylvania, 19x the typical Pennsylvania plan (state average ~824 per filing). Assets: $2.5B.
- $2.5B
- total plan assets (2023 EOY)
- 15,996
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $155,836
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Highmark Investment Plan reports 15,996 participants - 19x that state average ($2.5B EOY assets).
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)
| 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.
Highmark Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- 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 (0.021% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.018% of 89,805,449 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Highmark Investment Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Highmark Investment Plan assets move in 2023? ▼
How have Highmark Health plan assets changed over time? ▼
Where does Highmark Investment Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Highmark Investment Plan? ▼
Next read for Highmark Investment Plan
Filing takeaways
Ways to act on Highmark Investment Plan's numbers.
- By total assets, Highmark Investment Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Highmark Health's sponsor-wide assets have grown 15.2% since 2022 across 3 plan years on file. More Finance & Insurance plans