Defined Benefit (Pension) · DOL Form 5500 · 2023
Mount Nittany Medical Center Pension Plan
Data updated 2026-08-11
- $181M
- Total assets
- 1,164
- Participants
- 94th
- Percentile by assets
- $155,781
- Avg per participant
Official DOL plan name: Pension Plan for Employees of Mount Nittany Medical Center · Sponsored by Mount Nittany Medical Center · Pennsylvania · Healthcare & Social Assistance
$181M in assets, 1,164 participants
Mount Nittany Medical Center's Pension Plan for Employees of Mount Nittany Medical Center reported $181M in total assets and 1,164 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 127,072 plans)
- #16,806 in Healthcare & Social Assistance (17,684 peers)
Where Pension Plan for Employees of Mount Nittany Medical Center sits by assets
Pension Plan for Employees of Mount Nittany Medical Center sits in the top 10% of all filed plans by assets, $181M for 1,164 participants (~$155,781/participant), down 32.4% in 2023.
- $181M
- total plan assets (2023 EOY)
- 1,164
- covered participants
- 94th
- percentile by assets (of 127,072 plans)
- $155,781
- avg assets per participant
The plan reported a net loss of $89M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Pension Plan for Employees of Mount Nittany Medical Center end-of-year assets fell from $268M in the plan year 2022 filing to $181M in the plan year 2023 filing.
- Pension Plan for Employees of Mount Nittany Medical Center reported participants fell from 1,277 in the plan year 2022 filing to 1,164 in the plan year 2023 filing.
- Pension Plan for Employees of Mount Nittany Medical Center reported net income rose from -$97M in the plan year 2022 filing to -$89M in the plan year 2023 filing.
Pension Plan for Employees of Mount Nittany Medical Center vs the 2023 asset distribution
By assets, Pension Plan for Employees of Mount Nittany Medical Center outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.8x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $268M |
|---|---|
| Net Assets (End of Year) | $179M |
| Net Income | -$89M |
| Employer EIN | 240795682 |
| Plan Effective Date | 1968-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mount Nittany Medical Center)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,571 | $383M |
| 2023 | 2 | 3,574 | $324M |
| 2024 | 2 | 3,538 | $354M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Pension Plan for Employees of Mount Nittany Medical Center 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Pension Plan for Employees of Mount Nittany Medical Center by total assets, not by location.
- Cic-Toc Pension Plan (WA) $181M · 61
- Bricklayers' Pension Trust Fund-Metropolitan Area (MI) $182M · 484
- Lee Enterprises, Incorporated Pension Plan (IA) $182M · 291
- Samford University Pension Plan (AL) $181M · 370
Frequently Asked Questions
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Ways to act on Pension Plan for Employees of Mount Nittany Medical Center's numbers.
- By total assets, Pension Plan for Employees of Mount Nittany Medical Center ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- Mount Nittany Medical Center's sponsor-wide assets have declined 7.7% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans