401(k) · DOL Form 5500 · 2023
Umass Memorial Health Care, Inc. 401(k) Plan
Data updated 2026-08-11
- $1.2B
- Total assets
- 12,451
- Participants
- 99th
- Percentile by assets
- $100,093
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $1.2B
- total plan assets (2023 EOY)
- 12,451
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $100,093
- avg assets per participant
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.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Umass Memorial Health Care 401(k) Plan reports 12,451 participants - 19x that state average ($1.2B EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $1.0B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | $222M |
| Employer EIN | 043358566 |
| Plan Effective Date | 1999-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Umass Memorial Health Care, Inc.)
| 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
- Fidelity Retirement Savings Plan $28.6B · 62,289
- Liberty Mutual 401(k) Plan $10.6B · 37,052
- Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
- Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
- Philips North America 401(k) Plan $5.8B · 19,120
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 (401(k), $1.4B, 13,351 participants)
- Umass Memorial Health Care Pension Plan (Defined Benefit (Pension), $1.3B, 9,506 participants)
- Umass Memorial Health Care 403(b) Plan (Other, $650M, 4,397 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Umass Memorial Health Care 401(k) Plan by total assets, not by location.
- Wakemed Retirement Savings Plan (NC) $1.2B · 11,758
- Harris Teeter Supermarkets, Inc. Retirement and Savings Plan (NC) $1.2B · 31,912
- Transdigm Inc. 401(k) Plan (OH) $1.2B · 7,334
- The Neiman Marcus Group LLC Retirement Savings Plan (TX) $1.2B · 10,654
Frequently Asked Questions
How did Umass Memorial Health Care 401(k) Plan assets move in 2023? ▼
How have Umass Memorial Health Care, Inc. plan assets changed over time? ▼
Where does Umass Memorial Health Care 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Umass Memorial Health Care 401(k) Plan? ▼
Next read for Umass Memorial Health Care 401(k) Plan
Filing takeaways
Ways to act on Umass Memorial Health Care 401(k) Plan's numbers.
- By total assets, Umass Memorial Health Care 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- Umass Memorial Health Care, Inc.'s sponsor-wide assets have declined 3.9% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans