Defined Benefit (Pension) · DOL Form 5500 · 2023
Highmark Health Pension Plan
Data updated 2026-08-25
- $3.3B
- Total assets Very large vs avg
- 14,778
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $221,236
- Avg per participant Above avg balance/head
Official DOL plan name: Highmark Retirement Plan · Sponsored by Highmark Health · Pennsylvania · Finance & Insurance
$3.3B in assets, 14,778 participants
Highmark Health's Highmark Retirement Plan reported $3.3B in total assets and 14,778 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.
- #8,790 in Finance & Insurance (8,869 peers)
Coverage in Pennsylvania
Highmark Retirement Plan covers 14,778 participants in Pennsylvania, 18x the typical Pennsylvania plan (state average ~822 per filing). Assets: $3.3B.
- #8,790
- in Finance & Insurance (8,869 peers)
- +3.5%
- assets growth YoY
- 33×
- vs typical plan assets (national mean)
Highmark Retirement Plan's outsized position by total assets
Highmark Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$3,269,418,502 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
Highmark Retirement 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. Highmark Retirement Plan is a mega filing (14,778 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Highmark Retirement Plan reported net income rose from -$1.1B in the plan year 2022 filing to $103M in the plan year 2023 filing.
- Highmark Retirement Plan reported participants fell from 15,759 in the plan year 2022 filing to 14,778 in the plan year 2023 filing.
- Highmark Retirement Plan end-of-year assets rose from $3.2B in the plan year 2022 filing to $3.3B in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 453674900 · Highmark Health PY 2023 · Defined Benefit (Pension)
Highmark Retirement Plan · $3.3B · 14,778 · 100th
- RANK $3.3B
- PHOTO 14,778
- IND 100th
- EOY Defined Benefit (Pension)
- 5500 near Building Trades United Pension Trust Fund Milwaukee and Vicinity
- ASSETS ind #8790
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 Finance & Insurance retirement plans → · Plans in Pennsylvania →
Highmark Retirement Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $3.2B |
|---|---|
| Net Assets (End of Year) | $3.2B |
| Net Income | $103M |
| Employer EIN | 453674900 |
| Plan Effective Date | 1974-06-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Highmark Health)
Sponsor-wide plan assets over time
All Highmark Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $6.0B 15.248406515244817% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 30,804 | $5.2B |
| 2023 | 2 | 30,774 | $5.8B |
| 2024 | 2 | 29,485 | $6.0B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $11.2B · 27,434
- Steelworkers Pension Trust $6.6B · 47,052
- The PNC Financial Services Group, Inc. Pension Plan $5.6B · 63,680
- Constellation Retirement Program $5.3B · 5,080
- The Bank of New York Mellon Corporation Pension Plan $5.3B · 7,374
Scale composition for Highmark Retirement Plan
Highmark Retirement Plan reports $3.3B in end-of-year assets across 14,778 participants (0.027% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $221,236 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2023 was $103M.
This plan identity (EIN 453674900, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.2B to $3.1B (-1.5%) while covered participants moved from 15,759 to 13,824 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 15,759 | $3.2B | Open filing |
| 2023 | 14,778 | $3.3B | This page |
| 2024 · index core | 13,824 | $3.1B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Highmark Retirement Plan (Defined Benefit (Pension), $3.1B, 13,824 participants)
- Highmark Investment Plan (401(k), $2.9B, 15,661 participants)
Highmark Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Building Trades United Pension Trust Fund Milwaukee and Vicinity in WI ($3.3B); by covered participants it is Children's Hospital Medical Center Retirement Plan in OH (14,679 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.3B here).
- Building Trades United Pension Trust Fund Milwaukee and Vicinity (WI) $3.3B · 9,960
- Pinnacle West Capital Corporation Retirement Plan (AZ) $3.3B · 5,824
- Carpenters Pension Trust Fund of St. Louis (MO) $3.3B · 11,420
- Northwest Carpenters Retirement Plan (WA) $3.3B · 15,892
Similar participant headcount
Nearest other-state filings by covered participants (14,778 participants); asset peers above are excluded.
- Children's Hospital Medical Center Retirement Plan (OH) 14,679 · 99 off
- IBM Personal Pension Plan (NY) 14,881 · 103 off
- Bakery & Confectionery Union & Industry International Pension Fund (MD) 14,666 · 112 off
- Abbvie Pension Plan (IL) 14,619 · 159 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.