401(k) · DOL Form 5500 · 2023

UPMC 401(k) Plan

Data updated 2026-08-06

$4.3B
Total assets
97,084
Participants
100th
Percentile by assets
$43,905
Avg per participant
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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.

  • 100th percentile by assets (of 126,618 plans)
  • #17,592 in Healthcare & Social Assistance (17,626 peers)

Coverage in Pennsylvania

Upmc 401(a) Retirement Savings Plan covers 97,084 participants in Pennsylvania, 118x the typical Pennsylvania plan (state average ~824 per filing). Assets: $4.3B.

$4.3B
total plan assets (2023 EOY)
97,084
covered participants
100th
percentile by assets (of 126,618 plans)
$43,905
avg assets per participant

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 2023→2024 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Upmc 401(a) Retirement Savings Plan reports 97,084 participants - 118x that state average ($4.3B EOY assets).

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)

$9B$10B$11B$12B$13B 202220232024 $9.74B $12.6B ▲ +29.8%
Total plan assets by year, all UPMC plans on file
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

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) Retireme…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Upmc 401(a) Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

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 (0.037% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.11% of 89,805,449 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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Upmc 401(a) Retirement Savings Plan by total assets, not by location.

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 126,618 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).

Filing takeaways

Ways to act on Upmc 401(a) Retirement Savings Plan's numbers.