Other · DOL Form 5500 · 2023
Trustees of the University of PA Retirement Plan
Data updated 2026-08-25
- $6.3B
- Total assets Very large vs avg
- 20,979
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $300,965
- Avg per participant High balance/head
Official DOL plan name: The University of Pennsylvania Matching Plan · Sponsored by Trustees of the University of PA · Pennsylvania · Educational Services
$6.3B in assets, 20,979 participants
Trustees of the University of PA's The University of Pennsylvania Matching Plan reported $6.3B in total assets and 20,979 participants in its 2023 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.
- #3,728 in Educational Services (3,735 peers)
Coverage in Pennsylvania
The University of Pennsylvania Matching Plan covers 20,979 participants in Pennsylvania, 26x the typical Pennsylvania plan (state average ~822 per filing). Assets: $6.3B.
- #3,728
- in Educational Services (3,735 peers)
- +14.2%
- assets growth YoY
- 63×
- vs typical plan assets (national mean)
The University of Pennsylvania Matching Plan's outsized position by total assets
The University of Pennsylvania Matching Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$6,313,953,991 Highest reported value at or above every one 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
The University of Pennsylvania Matching 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. The University of Pennsylvania Matching Plan is a mega filing (20,979 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The University of Pennsylvania Matching Plan reported net income rose from -$871M in the plan year 2022 filing to $783M in the plan year 2023 filing.
- The University of Pennsylvania Matching Plan reported participants rose from 13,262 in the plan year 2022 filing to 20,979 in the plan year 2023 filing.
- The University of Pennsylvania Matching Plan end-of-year assets rose from $5.5B in the plan year 2022 filing to $6.3B in the plan year 2023 filing.
DOL schedule card
Filing strip 231352685 · Trustees of the University of PA PY 2023 · Other
The University of Pennsylvania Matching Plan · $6.3B · 20,979 · 100th
- EOY $6.3B
- EOY 20,979
- EOY 100th
- EOY Other
- EOY near Sutter Health 403(b) Savings Plan
- EOY ind #3728
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 Educational Services retirement plans → · Plans in Pennsylvania →
The University of Pennsylvania Matching Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $5.5B |
|---|---|
| Net Assets (End of Year) | $6.3B |
| Net Income | $783M |
| Employer EIN | 231352685 |
| Plan Effective Date | 1920-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the University of PA)
Sponsor-wide plan assets over time
All Trustees of the University of PA plans reported in each filing year
- Latest sponsor-wide plan assets
- $19.0B 27.12721195306361% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 8 | 129,893 | $14.9B |
| 2023 | 8 | 157,259 | $17.0B |
| 2024 | 8 | 162,824 | $19.0B |
Nearby Other Plans in Pennsylvania
Peer Other plans, same state, same plan type, ranked by total assets.
- Upmc 403(b) Retirement Savings Plan $4.2B · 78,261
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan $3.1B · 41,942
- Carnegie Mellon University Faculty and Staff Retirement Plan $2.5B · 6,370
- Jefferson Defined Contribution Retirement Plan $2.5B · 15,783
- The Children's Hospital of Philadelphia Retirement Savings Plan $2.1B · 18,109
Scale composition for The University of Pennsylvania Matching Plan
The University of Pennsylvania Matching Plan reports $6.3B in end-of-year assets across 20,979 participants (0.051% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $300,965 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2023 was $783M.
This plan identity (EIN 231352685, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.5B to $7.0B (+26.3%) while covered participants moved from 13,262 to 22,110 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 13,262 | $5.5B | Open filing |
| 2023 | 20,979 | $6.3B | This page |
| 2024 · index core | 22,110 | $7.0B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- The University of Pennsylvania Matching Plan (Other, $7.0B, 22,110 participants)
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan (Other, $3.6B, 43,405 participants)
- University of Pennsylvania Health Sysytem Pension Plan (Defined Benefit (Pension), $2.8B, 7,714 participants)
- Supplemental Retirement Annuity Plan of the University of Pennsylvania (Other, $2.3B, 26,892 participants)
The University of Pennsylvania Matching Plan's out-of-state Other peers by assets and headcount
Outside Pennsylvania, the nearest Other by assets is Sutter Health 403(b) Savings Plan in CA ($6.5B); by covered participants it is Carpenters & Joiners Defined Contribution Plan in MN (21,043 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6.3B here).
- Sutter Health 403(b) Savings Plan (CA) $6.5B · 50,273
- Washington University Retirement Savings Plan (MO) $6.7B · 25,521
- Stanford Health Care Retirement Savings Plan (CA) $5.8B · 22,681
- Memorial Sloan Kettering Cancer Center Retirement Savings Plan (NY) $5.6B · 22,855
Similar participant headcount
Nearest other-state filings by covered participants (20,979 participants); asset peers above are excluded.
- Carpenters & Joiners Defined Contribution Plan (MN) 21,043 · 64 off
- Harvard University Tax Deferred Annuity Plan (MA) 21,064 · 85 off
- Prisma Health 401(a) Plan (SC) 21,235 · 256 off
- Stanford Contributory Retirement Plan (CA) 21,674 · 695 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.