401(k) · DOL Form 5500 · 2023

Umass Memorial Health Care, Inc. 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
12,451
Participants Very large workforce
99th
Percentile by assets National rank
$100,093
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Umass Memorial Health Care 401(k) Plan · Sponsored by Umass Memorial Health Care, Inc. · Massachusetts · Healthcare & Social Assistance

$1.2B in assets, 12,451 participants

Umass Memorial Health Care, Inc.'s Umass Memorial Health Care 401(k) Plan reported $1.2B in total assets and 12,451 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #17,520 in Healthcare & Social Assistance (17,684 peers)

Coverage in Massachusetts

Umass Memorial Health Care 401(k) Plan covers 12,451 participants in Massachusetts, 19x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.2B.

#17,520
in Healthcare & Social Assistance (17,684 peers)
+21.7%
assets growth YoY
13×
vs typical plan assets (national mean)

Umass Memorial Health Care 401(k) Plan's outsized position by total assets

Umass Memorial Health Care 401(k) Plan vs every filed plan by assets

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

$1,246,261,606 Top 1% higher than 99% 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

Umass Memorial Health Care 401(k) 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. Umass Memorial Health Care 401(k) Plan is a mega filing (12,451 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Umass Memorial Health Care 401(k) Plan reported net income rose from -$229M in the plan year 2022 filing to $222M in the plan year 2023 filing.
  • Umass Memorial Health Care 401(k) Plan reported participants rose from 9,422 in the plan year 2022 filing to 12,451 in the plan year 2023 filing.
  • Umass Memorial Health Care 401(k) Plan end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 043358566 · Umass Memorial Health Care, Inc. PY 2023 · 401(k)

Umass Memorial Health Care 401(k) Plan · $1.2B · 12,451 · 99th

  • VS-ST $1.2B
  • BOY 12,451
  • SCH 99th
  • EBSA 401(k)
  • PART near Wakemed Retirement Savings Plan
  • TYPE ind #17520

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 Massachusetts →

Umass Memorial Health Care 401(k) Plan in the asset neighbourhood

Umass Memorial Health Care 401(k) PlanUmass Memorial Health Care 4…$1.2BWakemed Retirement Savings PlanWakemed Retirement Savings P…$1.2BHarris Teeter Supermarkets, Inc. Retirement and Savings PlanHarris Teeter Supermarkets, …$1.2BTransdigm Inc. 401(k) Plan$1.2BThe Neiman Marcus Group LLC Retirement Savings PlanThe Neiman Marcus Group LLC …$1.2B
End-of-year total assets ($B) among Umass Memorial Health Care 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.2B
Net Income$222M
Employer EIN043358566
Plan Effective Date1999-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Umass Memorial Health Care, Inc.)

Sponsor-wide plan assets over time

All Umass Memorial Health Care, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3.4B 3.889211676403325% vs 2022
2024 filing year
$3B$3.2B$3.4B$3.6B 202220232024 $3.5B $3.37B ▼ -3.7%
Year Plans Participants Total Assets
2022 4 20,753 $3.5B
2023 3 24,923 $3.1B
2024 3 27,254 $3.4B

Nearby 401(k) Plans in Massachusetts

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

Umass Memorial Health Care 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Umass Memorial Health Care 401(k) Plan, Total assets ($B): 1.246261606 · Participants: 12451Umass Memorial Health Care 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Umass Memorial Health Care 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Umass Memorial Health Care 401(k) Plan side-by-side with 3 peers →

Scale composition for Umass Memorial Health Care 401(k) Plan

Umass Memorial Health Care 401(k) Plan reports $1.2B in end-of-year assets across 12,451 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $100,093 per participant (72% of the national average assets-per-participant) . Net income for plan year 2023 was $222M.

This plan identity (EIN 043358566, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $1.4B (+39.2%) while covered participants moved from 9,422 to 13,351 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,422 $1.0B Open filing
2023 12,451 $1.2B This page
2024 · index core 13,351 $1.4B Open filing

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

Umass Memorial Health Care 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Wakemed Retirement Savings Plan in NC ($1.2B); by covered participants it is Nexstar Media Group, Inc. 401(k) Plan in TX (12,438 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (12,451 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 Umass Memorial Health Care 401(k) Plan assets move in 2023? ▼
Umass Memorial Health Care 401(k) Plan grew sharply - up 21.7% during 2023, from $1.0B to $1.2B. Reported net income was $222M.
How have Umass Memorial Health Care, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Umass Memorial Health Care, Inc.'s sponsor-wide assets declined 3.9%, from $3.5B to $3.4B.
Where does Umass Memorial Health Care 401(k) Plan rank by assets among Form 5500 filers? ▼
Umass Memorial Health Care 401(k) Plan ranks in the 99th 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 Umass Memorial Health Care 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wakemed Retirement Savings Plan in NC ($1.2B, 11,758 participants).
Which 401(k) plans cover a similar participant headcount to Umass Memorial Health Care 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nexstar Media Group, Inc. 401(k) Plan in TX (12,438 participants, $1.8B 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 043358566.

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.