Other · DOL Form 5500 · 2023

UPMC Retirement Plan

Data updated 2026-08-25

$4.2B
Total assets Very large vs avg
78,261
Participants Very large workforce
100th
Percentile by assets National rank
$53,310
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Upmc 403(b) Retirement Savings Plan · Sponsored by UPMC · Pennsylvania · Healthcare & Social Assistance

$4.2B in assets, 78,261 participants

UPMC's Upmc 403(b) Retirement Savings Plan reported $4.2B in total assets and 78,261 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.

  • #17,649 in Healthcare & Social Assistance (17,684 peers)

Coverage in Pennsylvania

Upmc 403(b) Retirement Savings Plan covers 78,261 participants in Pennsylvania, 95x the typical Pennsylvania plan (state average ~822 per filing). Assets: $4.2B.

#17,649
in Healthcare & Social Assistance (17,684 peers)
+20.7%
assets growth YoY
42×
vs typical plan assets (national mean)

Upmc 403(b) Retirement Savings Plan's outsized position by total assets

Upmc 403(b) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$4,172,068,489 Highest reported value at or above every one of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Upmc 403(b) Retirement Savings 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. Upmc 403(b) Retirement Savings Plan is a mega filing (78,261 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Upmc 403(b) Retirement Savings Plan reported net income rose from -$642M in the plan year 2022 filing to $703M in the plan year 2023 filing.
  • Upmc 403(b) Retirement Savings Plan end-of-year assets rose from $3.5B in the plan year 2022 filing to $4.2B in the plan year 2023 filing.
  • Upmc 403(b) Retirement Savings Plan reported participants rose from 75,307 in the plan year 2022 filing to 78,261 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 251423657 · UPMC PY 2023 · Other

Upmc 403(b) Retirement Savings Plan · $4.2B · 78,261 · 100th

  • EBSA $4.2B
  • PART 78,261
  • TYPE 100th
  • NET Other
  • BOOK near Columbia University Voluntary Retirement Savings Plan
  • VS-ST ind #17649

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 Healthcare & Social Assistance retirement plans → · Plans in Pennsylvania →

Upmc 403(b) Retirement Savings Plan in the asset neighbourhood

University of Southern California Tax-Deferred Annuity PlanUniversity of Southern Calif…$4.3BUpmc 403(b) Retirement Savings PlanUpmc 403(b) Retirement Savin…$4.2BColumbia University Voluntary Retirement Savings PlanColumbia University Voluntar…$4.1BThe Retirement Savings Plan$4.1BVanderbilt University Medical Center Retirement PlanVanderbilt University Medica…$4.1B
End-of-year total assets ($B) among Upmc 403(b) Retirement Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$3.5B
Net Assets (End of Year)$4.2B
Net Income$703M
Employer EIN251423657
Plan Effective Date1967-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (UPMC)

Sponsor-wide plan assets over time

All UPMC plans reported in each filing year

Latest sponsor-wide plan assets
$12.6B 29.82490698385764% vs 2022
2024 filing year
$9B$10B$11B$12B$13B 202220232024 $9.74B $12.6B ▲ +29.8%
Year Plans Participants Total Assets
2022 3 237,521 $9.7B
2023 3 246,091 $11.3B
2024 3 252,147 $12.6B

Nearby Other Plans in Pennsylvania

Peer Other plans, same state, same plan type, ranked by total assets.

Upmc 403(b) Retirement Savings Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 1234567 Total assets ($B) Participants Upmc 403(b) Retirement Savings Plan, Total assets ($B): 4.172068489 · Participants: 78261Upmc 403(b) Retirement Savings PlanThe University of Pennsylvania Matching Plan, Total assets ($B): 6.313953991 · Participants: 20979The University of Pennsylvania Matching PlanThe University of Pennsylvania Health System 403(b) Retirement Savings Plan, Total assets ($B): 3.057133387 · Participants: 41942The University of Pennsylvania Health System 403(b) Retirement Savings PlanCarnegie Mellon University Faculty and Staff Retirement Plan, Total assets ($B): 2.54984626 · Participants: 6370Carnegie Mellon University Faculty and Staff Retirement PlanJefferson Defined Contribution Retirement Plan, Total assets ($B): 2.466994136 · Participants: 15783Jefferson Defined Contribution Retirement PlanThe Children's Hospital of Philadelphia Retirement Savings Plan, Total assets ($B): 2.141294592 · Participants: 18109The Children's Hospital of Philadelphia Retirement Savings Plan
Upmc 403(b) Retirement Savings Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Scale composition for Upmc 403(b) Retirement Savings Plan

Upmc 403(b) Retirement Savings Plan reports $4.2B in end-of-year assets across 78,261 participants (0.034% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.083% of 93,925,755 covered participants) - about $53,310 per participant (39% of the national average assets-per-participant) . Net income for plan year 2023 was $703M.

This plan identity (EIN 251423657, plan #334) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.5B to $4.7B (+36.8%) while covered participants moved from 75,307 to 78,872 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 75,307 $3.5B Open filing
2023 78,261 $4.2B This page
2024 · index core 78,872 $4.7B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Upmc 403(b) Retirement Savings Plan's out-of-state Other peers by assets and headcount

Outside Pennsylvania, the nearest Other by assets is Columbia University Voluntary Retirement Savings Plan in NY ($4.1B); by covered participants it is Mayo 403(b) Plan in MN (84,098 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (78,261 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Upmc 403(b) Retirement Savings Plan assets move in 2023?
Upmc 403(b) Retirement Savings Plan grew sharply - up 20.7% during 2023, from $3.5B to $4.2B. Reported net income was $703M.
How have UPMC plan assets changed over time?
Across 3 plan years on file (2022-2024), UPMC's sponsor-wide assets grew 29.8%, from $9.7B to $12.6B.
Where does Upmc 403(b) Retirement Savings Plan rank by assets among Form 5500 filers?
Upmc 403(b) Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Other plans are similar in size to Upmc 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by assets is Columbia University Voluntary Retirement Savings Plan in NY ($4.1B, 23,835 participants).
Which Other plans cover a similar participant headcount to Upmc 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by covered participants is Mayo 403(b) Plan in MN (84,098 participants, $11.2B in assets).