Defined Benefit (Pension) · DOL Form 5500 · 2023

Pension Fund for Hospital and Health Care Employees Pension Plan

Data updated 2026-08-11

$356M
Total assets: 1,911
Participants: 97th
Percentile by assets: $186,350
Avg per participant

Official DOL plan name: Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity · Sponsored by Pension Fund for Hospital and Health Care Employees · Pennsylvania · Healthcare & Social Assistance

$356M in assets, 1,911 participants

Pension Fund for Hospital and Health Care Employees's Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity reported $356M in total assets and 1,911 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#17,135 in Healthcare & Social Assistance (17,684 peers)

Coverage in Pennsylvania

Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity covers 1,911 participants in Pennsylvania, 2.3x the typical Pennsylvania plan (state average ~822 per filing). Assets: $356M.

$356M
total plan assets (2023 EOY): 1,911
covered participants: 97th
percentile by assets (of 127,072 plans): $186,350
avg assets per participant

The plan reported a net loss of $307K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity reported net income rose from -$64M in the plan year 2022 filing to -$307K in the plan year 2023 filing.
Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity reported participants rose from 1,880 in the plan year 2022 filing to 1,911 in the plan year 2023 filing.
Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity end-of-year assets fell from $357M in the plan year 2022 filing to $356M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Healthcare & Social Assistance

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity reports 1,911 participants - 2.3x that state average ($356M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$357M
Net Assets (End of Year)	$356M
Net Income	-$307K
Employer EIN	232627428
Plan Effective Date	1991-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Pension Fund for Hospital and Health Care Employees)

Total plan assets by year, all Pension Fund for Hospital and Health Care Employees plans on file

Year	Plans	Participants	Total Assets
2022	1	1,880	$357M
2023	1	1,911	$356M
2024	1	1,910	$353M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity 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

Compare Pension Fund for Hospital and Health Car… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity by total assets, not by location.

Retail, Wholesale & Department Store International Union and Industry Pension Fund (AL) $356M · 1,611
Retail Food Employers & Ufcw Local 711 Pension (UT) $355M · 8,448
Mativ Holdings, Inc. Pension Plan (GA) $357M · 594
Rayonier Advanced Materials Inc. Retirement Plan (FL) $357M · 421

Frequently Asked Questions

How did Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity assets move in 2023? ▼

Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity held essentially flat - down 0.1% during 2023, from $357M to $356M. Reported net income was -$307K.

How have Pension Fund for Hospital and Health Care Employees plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Pension Fund for Hospital and Health Care Employees's sponsor-wide assets declined 1.1%, from $357M to $353M.

Where does Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity rank by assets among Form 5500 filers? ▼

Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Retail, Wholesale & Department Store International Union and Industry Pension Fund in AL ($356M, 1,611 participants).

Next read for Pension Fund for Hospital and Health Car…

Filing takeaways

Ways to act on Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity's numbers.

By total assets, Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
Pension Fund for Hospital and Health Care Employees's sponsor-wide assets have declined 1.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 232627428.