Defined Benefit (Pension) · DOL Form 5500 · 2023
UPMC Pension Plan
Data updated 2026-08-11
- $2.8B
- Total assets
- 70,746
- Participants
- 100th
- Percentile by assets
- $40,256
- Avg per participant
Official DOL plan name: Upmc Basic Retirement Plan · Sponsored by UPMC · Pennsylvania · Healthcare & Social Assistance
$2.8B in assets, 70,746 participants
UPMC's Upmc Basic Retirement Plan reported $2.8B in total assets and 70,746 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)
- #17,626 in Healthcare & Social Assistance (17,684 peers)
Coverage in Pennsylvania
Upmc Basic Retirement Plan covers 70,746 participants in Pennsylvania, 86x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.8B.
- $2.8B
- total plan assets (2023 EOY)
- 70,746
- covered participants
- 100th
- percentile by assets (of 127,072 plans)
- $40,256
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Upmc Basic Retirement Plan reported net income rose from -$379M in the plan year 2022 filing to $57M in the plan year 2023 filing.
- Upmc Basic Retirement Plan reported participants rose from 68,708 in the plan year 2022 filing to 70,746 in the plan year 2023 filing.
- Upmc Basic Retirement Plan end-of-year assets rose from $2.8B in the plan year 2022 filing to $2.8B in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Upmc Basic Retirement Plan reports 70,746 participants - 86x that state average ($2.8B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $2.8B |
|---|---|
| Net Assets (End of Year) | $2.8B |
| Net Income | $57M |
| Employer EIN | 251423657 |
| Plan Effective Date | 1974-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (UPMC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 237,521 | $9.7B |
| 2023 | 3 | 246,091 | $11.3B |
| 2024 | 3 | 252,147 | $12.6B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Upmc Basic 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 Upmc Basic Retirement Plan
Upmc Basic Retirement Plan reports $2.8B in end-of-year assets across 70,746 participants (0.023% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.075% of 93,925,755 covered participants) - about $40,256 per participant (29% of the national average assets-per-participant) . Net income for plan year 2023 was $57M.
This plan identity (EIN 251423657, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.8B to $3.0B (+7.9%) while covered participants moved from 68,708 to 74,793 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 68,708 | $2.8B | Open filing |
| 2023 | 70,746 | $2.8B | This page |
| 2024 · index core | 74,793 | $3.0B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Upmc 401(a) Retirement Savings Plan (401(k), $4.9B, 98,482 participants)
- Upmc 403(b) Retirement Savings Plan (Other, $4.7B, 78,872 participants)
- Upmc Basic Retirement Plan (Defined Benefit (Pension), $3.0B, 74,793 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Upmc Basic Retirement Plan by total assets, not by location.
- New York State Teamsters Conference Pension & Retirement Fund (NY) $2.8B · 10,056
- The Retirement Benefit Plan of American Airlines, Inc. for Agent, Management, Specialist, Support Personnel and Officers (TX) $2.9B · 5,096
- Bjc Pension Plan (MO) $2.8B · 19,553
- Verizon Management Pension Plan (NJ) $2.9B · 12,474
Frequently Asked Questions
How did Upmc Basic Retirement Plan assets move in 2023? ▼
How have UPMC plan assets changed over time? ▼
Where does Upmc Basic Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Upmc Basic Retirement Plan? ▼
Next read for Upmc Basic Retirement Plan
Filing takeaways
Ways to act on Upmc Basic Retirement Plan's numbers.
- By total assets, Upmc Basic 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
- UPMC's sponsor-wide assets have grown 29.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans