Other · DOL Form 5500 · 2023

Somerset Hospital Retirement Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
665
Participants Below avg headcount
81st
Percentile by assets National rank
$50,597
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Somerset Hospital 403(b) Plan · Sponsored by Somerset Hospital · Pennsylvania · Healthcare & Social Assistance

$34M in assets, 665 participants

Somerset Hospital's Somerset Hospital 403(b) Plan reported $34M in total assets and 665 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #14,794 in Healthcare & Social Assistance (17,684 peers)

Where Somerset Hospital 403(b) Plan sits by assets

Somerset Hospital 403(b) Plan sits in the top quartile of all filed plans by assets, $34M for 665 participants (~$50,597/participant), down 0.4% in 2023.

#14,794
in Healthcare & Social Assistance (17,684 peers)
-0.4%
assets change YoY
0.3×
vs typical plan assets (national mean)

Somerset Hospital 403(b) Plan's outsized position by total assets

Somerset Hospital 403(b) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$33,646,697 Top 19% higher than 81% of 127,068 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 2023

Somerset Hospital 403(b) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Somerset Hospital 403(b) Plan sits mid-pack in the medium band (665 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Somerset Hospital 403(b) Plan reported net income rose from -$9M in the plan year 2022 filing to $836K in the plan year 2023 filing.
  • Somerset Hospital 403(b) Plan reported participants fell from 762 in the plan year 2022 filing to 665 in the plan year 2023 filing.
  • Somerset Hospital 403(b) Plan end-of-year assets fell from $34M in the plan year 2022 filing to $34M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 250965570 · Somerset Hospital PY 2023 · Other

Somerset Hospital 403(b) Plan · $34M · 665 · 81st

  • PART $34M
  • PART 665
  • PART 81st
  • PART Other
  • PART near Berwick Academy Defined Contribution Retirement Plan
  • PART ind #14794

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 →

Somerset Hospital 403(b) Plan in the asset neighbourhood

Berwick Academy Defined Contribution Retirement PlanBerwick Academy Defined Cont…$34MSomerset Hospital 403(b) Plan$34MMemphis University School DC PlanMemphis University School DC…$34MTiaa-Cref Tax Deferred Annuity for All Employees OTiaa-Cref Tax Deferred Annui…$34MThe Winston Preparatory School 403(b) DC PlanThe Winston Preparatory Scho…$34M
End-of-year total assets ($M) among Somerset Hospital 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$34M
Net Income$836K
Employer EIN250965570
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Somerset Hospital)

Sponsor-wide plan assets over time

All Somerset Hospital plans reported in each filing year

Latest sponsor-wide plan assets
$32M 4.486160460282239% vs 2022
2024 filing year
$32M$32.5M$33M$33.5M$34M 202220232024 $33.8M $32.3M ▼ -4.5%
Year Plans Participants Total Assets
2022 1 762 $34M
2023 1 665 $34M
2024 1 489 $32M

Nearby Other Plans in Pennsylvania

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

Somerset Hospital 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -202468 Total assets ($B) Participants Somerset Hospital 403(b) Plan, Total assets ($B): 0.033646697 · Participants: 665Somerset Hospital 403(b) PlanThe University of Pennsylvania Matching Plan, Total assets ($B): 6.313953991 · Participants: 20979The University of Pennsylvania Matching PlanUpmc 403(b) Retirement Savings Plan, Total assets ($B): 4.172068489 · Participants: 78261Upmc 403(b) Retirement Savings PlanThe University of Pennsylvania Health System 403(b) Retirement Savings Plan, Total assets ($B): 3.057133387 · Participants: 41942The University of Pennsylvania Health System 403(b) Retirement Savings PlanCarnegie Mellon University Faculty and Staff Retirement Plan, Total assets ($B): 2.54984626 · Participants: 6370Carnegie Mellon University Faculty and Staff Retirement PlanJefferson Defined Contribution Retirement Plan, Total assets ($B): 2.466994136 · Participants: 15783Jefferson Defined Contribution Retirement Plan
Somerset Hospital 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants
Compare Somerset Hospital 403(b) Plan side-by-side with 3 peers →

Somerset Hospital 403(b) Plan's out-of-state Other peers by assets and headcount

Outside Pennsylvania, the nearest Other by assets is Berwick Academy Defined Contribution Retirement Plan in ME ($34M); by covered participants it is Androscoggin Home Care and Hospice Tax Sheltered Annuity Plan in ME (665 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (665 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Somerset Hospital 403(b) Plan assets move in 2023? ▼
Somerset Hospital 403(b) Plan held essentially flat - down 0.4% during 2023, from $34M to $34M. Reported net income was $836K.
How have Somerset Hospital plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Somerset Hospital's sponsor-wide assets declined 4.5%, from $34M to $32M.
Where does Somerset Hospital 403(b) Plan rank by assets among Form 5500 filers? ▼
Somerset Hospital 403(b) Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Somerset Hospital 403(b) Plan? ▼
Among Other plans in other states, the closest by assets is Berwick Academy Defined Contribution Retirement Plan in ME ($34M, 206 participants).
Which Other plans cover a similar participant headcount to Somerset Hospital 403(b) Plan? ▼
Among Other plans in other states, the closest by covered participants is Androscoggin Home Care and Hospice Tax Sheltered Annuity Plan in ME (665 participants, $33M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 250965570.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.