Profit Sharing · DOL Form 5500 · 2023
Trustees of the University of PA Profit Sharing Plan
Data updated 2026-08-11
- $1.7B
- Total assets
- 21,016
- Participants
- 99th
- Percentile by assets
- $81,715
- Avg per participant
Official DOL plan name: University of Pennsylvania Basic Plan · Sponsored by Trustees of the University of PA · Pennsylvania · Educational Services
$1.7B in assets, 21,016 participants
Trustees of the University of PA's University of Pennsylvania Basic Plan reported $1.7B in total assets and 21,016 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 127,072 plans)
- #3,690 in Educational Services (3,735 peers)
Coverage in Pennsylvania
University of Pennsylvania Basic Plan covers 21,016 participants in Pennsylvania, 26x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.7B.
- $1.7B
- total plan assets (2023 EOY)
- 21,016
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $81,715
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- University of Pennsylvania Basic Plan reported net income rose from -$209M in the plan year 2022 filing to $299M in the plan year 2023 filing.
- University of Pennsylvania Basic Plan reported participants rose from 14,515 in the plan year 2022 filing to 21,016 in the plan year 2023 filing.
- University of Pennsylvania Basic Plan end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.7B in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. University of Pennsylvania Basic Plan reports 21,016 participants - 26x that state average ($1.7B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $1.4B |
|---|---|
| Net Assets (End of Year) | $1.7B |
| Net Income | $299M |
| Employer EIN | 231352685 |
| Plan Effective Date | 2000-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the University of PA)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 8 | 129,893 | $14.9B |
| 2023 | 8 | 157,259 | $17.0B |
| 2024 | 8 | 162,824 | $19.0B |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
University of Pennsylvania Basic Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
- Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.1B · 3,905
- Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458
- Steamfitters Local Union No. 420 Srp $671M · 6,295
Scale composition for University of Pennsylvania Basic Plan
University of Pennsylvania Basic Plan reports $1.7B in end-of-year assets across 21,016 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $81,715 per participant (59% of the national average assets-per-participant) . Net income for plan year 2023 was $299M.
This plan identity (EIN 231352685, plan #028) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $2.0B (+40.8%) while covered participants moved from 14,515 to 21,954 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 14,515 | $1.4B | Open filing |
| 2023 | 21,016 | $1.7B | This page |
| 2024 · index core | 21,954 | $2.0B | 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)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to University of Pennsylvania Basic Plan by total assets, not by location.
- Baylor College of Medicine Retirement Plan (TX) $1.7B · 10,240
- Henry Ford Health System Retirement Savings Plan (MI) $1.7B · 14,349
- Nfl Player Annuity Program (MD) $1.7B · 2,736
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO (NY) $1.7B · 5,807
Frequently Asked Questions
How did University of Pennsylvania Basic Plan assets move in 2023? ▼
How have Trustees of the University of PA plan assets changed over time? ▼
Where does University of Pennsylvania Basic Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to University of Pennsylvania Basic Plan? ▼
Next read for University of Pennsylvania Basic Plan
Filing takeaways
Ways to act on University of Pennsylvania Basic Plan's numbers.
- By total assets, University of Pennsylvania Basic Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Trustees of the University of PA's sponsor-wide assets have grown 27.1% since 2022 across 3 plan years on file. More Educational Services plans