401(k) · DOL Form 5500 · 2023

UPMC 401(k) Plan

Data updated 2026-08-25

$4.3B
Total assets Very large vs avg
97,084
Participants Very large workforce
100th
Percentile by assets National rank
$43,905
Avg per participant Low balance/head
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Official DOL plan name: Upmc 401(a) Retirement Savings Plan · Sponsored by UPMC · Pennsylvania · Healthcare & Social Assistance

$4.3B in assets, 97,084 participants

UPMC's Upmc 401(a) Retirement Savings Plan reported $4.3B in total assets and 97,084 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.

  • #17,650 in Healthcare & Social Assistance (17,684 peers)

Coverage in Pennsylvania

Upmc 401(a) Retirement Savings Plan covers 97,084 participants in Pennsylvania, 118x the typical Pennsylvania plan (state average ~822 per filing). Assets: $4.3B.

#17,650
in Healthcare & Social Assistance (17,684 peers)
+22.1%
assets growth YoY
43×
vs typical plan assets (national mean)

Upmc 401(a) Retirement Savings Plan's outsized position by total assets

Upmc 401(a) Retirement Savings Plan vs every filed plan by assets

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

$4,262,516,708 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 401(a) 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 401(a) Retirement Savings Plan is a mega filing (97,084 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Upmc 401(a) Retirement Savings Plan reported net income rose from -$610M in the plan year 2022 filing to $769M in the plan year 2023 filing.
  • Upmc 401(a) Retirement Savings Plan end-of-year assets rose from $3.5B in the plan year 2022 filing to $4.3B in the plan year 2023 filing.
  • Upmc 401(a) Retirement Savings Plan reported participants rose from 93,506 in the plan year 2022 filing to 97,084 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 251423657 · UPMC PY 2023 · 401(k)

Upmc 401(a) Retirement Savings Plan · $4.3B · 97,084 · 100th

  • TYPE $4.3B
  • TYPE 97,084
  • TYPE 100th
  • TYPE 401(k)
  • TYPE near Dominion Energy Salaried Savings Plan
  • TYPE ind #17650

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 401(a) Retirement Savings Plan in the asset neighbourhood

Banner Health Employees 401(k) PlanBanner Health Employees 401(…$4.3BUpmc 401(a) Retirement Savings PlanUpmc 401(a) Retirement Savin…$4.3BDominion Energy Salaried Savings PlanDominion Energy Salaried Sav…$4.3BMacys Inc 401(k) Retirement Investment PlanMacys Inc 401(k) Retirement …$4.3BThe Savings and Investment PlanThe Savings and Investment P…$4.3B
End-of-year total assets ($B) among Upmc 401(a) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$3.5B
Net Assets (End of Year)$4.3B
Net Income$769M
Employer EIN251423657
Plan Effective Date1996-01-01
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 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Upmc 401(a) Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 05101520 Total assets ($B) Participants Upmc 401(a) Retirement Savings Plan, Total assets ($B): 4.262516708 · Participants: 97084Upmc 401(a) Retirement Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Upmc 401(a) Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Upmc 401(a) Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Upmc 401(a) Retirement Savings Plan

Upmc 401(a) Retirement Savings Plan reports $4.3B in end-of-year assets across 97,084 participants (0.035% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.10% of 93,925,755 covered participants) - about $43,905 per participant (32% of the national average assets-per-participant) . Net income for plan year 2023 was $769M.

This plan identity (EIN 251423657, plan #335) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.5B to $4.9B (+40.4%) while covered participants moved from 93,506 to 98,482 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 93,506 $3.5B Open filing
2023 97,084 $4.3B This page
2024 · index core 98,482 $4.9B Open filing

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

Upmc 401(a) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Dominion Energy Salaried Savings Plan in VA ($4.3B); by covered participants it is I.a.T.S.E. Annuity Fund in NY (96,657 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (97,084 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 401(a) Retirement Savings Plan assets move in 2023? ▼
Upmc 401(a) Retirement Savings Plan grew sharply - up 22.1% during 2023, from $3.5B to $4.3B. Reported net income was $769M.
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 401(a) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Upmc 401(a) 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 401(k) plans are similar in size to Upmc 401(a) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dominion Energy Salaried Savings Plan in VA ($4.3B, 13,734 participants).
Which 401(k) plans cover a similar participant headcount to Upmc 401(a) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is I.a.T.S.E. Annuity Fund in NY (96,657 participants, $1.3B in assets).

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 251423657.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.