Defined Benefit (Pension) · DOL Form 5500 · 2023
Highmark Health Pension Plan
Data updated 2026-08-11
- $3.3B
- Total assets
- 14,778
- Participants
- 100th
- Percentile by assets
- $221,236
- Avg per participant
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.
- 100th percentile by assets (of 127,072 plans)
- #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.
- $3.3B
- total plan assets (2023 EOY)
- 14,778
- covered participants
- 100th
- percentile by assets (of 127,072 plans)
- $221,236
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Highmark Retirement Plan reports 14,778 participants - 18x that state average ($3.3B EOY assets).
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)
| 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.
Highmark Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- 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)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Highmark Retirement Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Highmark Retirement Plan assets move in 2023? ▼
How have Highmark Health plan assets changed over time? ▼
Where does Highmark Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Highmark Retirement Plan? ▼
Next read for Highmark Retirement Plan
Filing takeaways
Ways to act on Highmark Retirement Plan's numbers.
- By total assets, Highmark Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- Highmark Health's sponsor-wide assets have grown 15.2% since 2022 across 3 plan years on file. More Finance & Insurance plans