Other · DOL Form 5500 · 2023

Gannon University Retirement Plan

Data updated 2026-08-11

$163M
Total assets
1,072
Participants
94th
Percentile by assets
$152,083
Avg per participant
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Official DOL plan name: Gannon University Defined Contribution Plan · Sponsored by Gannon University · Pennsylvania · Educational Services

$163M in assets, 1,072 participants

Gannon University's Gannon University Defined Contribution Plan reported $163M in total assets and 1,072 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #3,348 in Educational Services (3,735 peers)

Where Gannon University Defined Contribution Plan sits by assets

Gannon University Defined Contribution Plan sits in the top 10% of all filed plans by assets, $163M for 1,072 participants (~$152,083/participant), up 11.5% in 2023.

$163M
total plan assets (2023 EOY)
1,072
covered participants
94th
percentile by assets (of 127,072 plans)
$152,083
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gannon University Defined Contribution Plan reported net income rose from -$24M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Gannon University Defined Contribution Plan reported participants rose from 714 in the plan year 2022 filing to 1,072 in the plan year 2023 filing.
  • Gannon University Defined Contribution Plan end-of-year assets rose from $146M in the plan year 2022 filing to $163M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Gannon University Defined Contribution Plan vs the 2023 asset distribution

By assets, Gannon University Defined Contribution Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$146M
Net Assets (End of Year)$163M
Net Income$17M
Employer EIN250496976
Plan Effective Date1955-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gannon University)

$140M$150M$160M$170M$180M 202220232024 $146M $175M ▲ +19.9%
Total plan assets by year, all Gannon University plans on file
Year Plans Participants Total Assets
2022 1 714 $146M
2023 1 1,072 $163M
2024 1 1,064 $175M

Nearby Other Plans in Pennsylvania

Peer Other plans, same state, same plan type, ranked by total assets.

Gannon University Defined Contribution Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Gannon University Defined Contribution Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -202468 Total assets ($B) Participants Gannon University De…The University of Pe…Upmc 403(b) Retireme…The University of Pe…Carnegie Mellon Univ…Jefferson Defined Co…
Gannon University Defined Contribution Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Gannon University Defined Contribution Plan by total assets, not by location.

Frequently Asked Questions

How did Gannon University Defined Contribution Plan assets move in 2023?
Gannon University Defined Contribution Plan grew at a solid clip - up 11.5% during 2023, from $146M to $163M. Reported net income was $17M.
How have Gannon University plan assets changed over time?
Across 3 plan years on file (2022-2024), Gannon University's sponsor-wide assets grew 19.9%, from $146M to $175M.
Where does Gannon University Defined Contribution Plan rank by assets among Form 5500 filers?
Gannon University Defined Contribution Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to Gannon University Defined Contribution Plan?
Among Other plans in other states, the closest by assets is The Metropolitan Museum of Art 403(b) Matching Plan for Non-Union Employees in NY ($163M, 1,141 participants).

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