Profit Sharing · DOL Form 5500 · 2023
Trustees of the University of PA Profit Sharing Plan
Data updated 2026-08-25
- $1.7B
- Total assets Very large vs avg
- 21,016
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $81,715
- Avg per participant Below avg balance/head
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.
- #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.
- #3,690
- in Educational Services (3,735 peers)
- +21.1%
- assets growth YoY
- 17×
- vs typical plan assets (national mean)
University of Pennsylvania Basic Plan's outsized position by total assets
University of Pennsylvania Basic Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,717,324,210 Top 1% higher than 99% 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
University of Pennsylvania Basic 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. University of Pennsylvania Basic Plan is a mega filing (21,016 participants), the rightmost band on the breakdown.
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.
Plan-year Form 5500 strip
Filing strip 231352685 · Trustees of the University of PA PY 2023 · Profit Sharing
University of Pennsylvania Basic Plan · $1.7B · 21,016 · 99th
- RANK $1.7B
- PHOTO 21,016
- IND 99th
- EOY Profit Sharing
- 5500 near Baylor College of Medicine Retirement Plan
- ASSETS ind #3690
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 →
University of Pennsylvania Basic Plan in the asset neighbourhood
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)
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 Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- 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)
University of Pennsylvania Basic Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Pennsylvania, the nearest Profit Sharing by assets is Baylor College of Medicine Retirement Plan in TX ($1.7B); by covered participants it is Emory Healthcare, Inc. Retirement Savings and Matching Plan in GA (20,830 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.7B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (21,016 participants); asset peers above are excluded.
- Emory Healthcare, Inc. Retirement Savings and Matching Plan (GA) 20,830 · 186 off
- Intel Retirement Contribution Plan (CA) 21,513 · 497 off
- University of Maryland Medical System 403(b) Retirement Savings Plan (MD) 20,496 · 520 off
- Cargill Employee Retirement Account Plan (MN) 19,870 · 1,146 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.