Defined Benefit (Pension) · DOL Form 5500 · 2023
UPMC Pension Plan
Data updated 2026-08-25
- $2.8B
- Total assets Very large vs avg
- 70,746
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $40,256
- Avg per participant Low balance/head
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.
- #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.
- #17,626
- in Healthcare & Social Assistance (17,684 peers)
- +2.1%
- assets growth YoY
- 29×
- vs typical plan assets (national mean)
Upmc Basic Retirement Plan's outsized position by total assets
Upmc Basic Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,847,967,223 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Upmc Basic Retirement 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 Basic Retirement Plan is a mega filing (70,746 participants), the rightmost band on the breakdown.
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.
DOL schedule card
Filing strip 251423657 · UPMC PY 2023 · Defined Benefit (Pension)
Upmc Basic Retirement Plan · $2.8B · 70,746 · 100th
- SCH $2.8B
- SCH 70,746
- SCH 100th
- SCH Defined Benefit (Pension)
- SCH near New York State Teamsters Conference Pension & Retirement Fund
- SCH ind #17626
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 Basic Retirement Plan in the asset neighbourhood
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)
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
| 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.
- 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)
Upmc Basic Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is New York State Teamsters Conference Pension & Retirement Fund in NY ($2.8B); by covered participants it is UPS/Ibt Full-Time Employee Pension Plan in GA (70,241 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.8B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (70,746 participants); asset peers above are excluded.
- UPS/Ibt Full-Time Employee Pension Plan (GA) 70,241 · 505 off
- Mayo Pension Plan (MN) 69,155 · 1,591 off
- Motion Picture Industry Pension Plan (CA) 68,019 · 2,727 off
- Pepsico, Inc. Employees Retirement Plan H (NY) 73,934 · 3,188 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.