Other · DOL Form 5500 · 2023
Trustees of the Univ. of Penn Retirement Plan
Data updated 2026-08-25
- $3.1B
- Total assets Very large vs avg
- 41,942
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $72,890
- Avg per participant Below avg balance/head
Official DOL plan name: The University of Pennsylvania Health System 403(b) Retirement Savings Plan · Sponsored by Trustees of the Univ. of Penn · Pennsylvania · Healthcare & Social Assistance
$3.1B in assets, 41,942 participants
Trustees of the Univ. of Penn's The University of Pennsylvania Health System 403(b) Retirement Savings Plan reported $3.1B in total assets and 41,942 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.
- #17,634 in Healthcare & Social Assistance (17,684 peers)
Coverage in Pennsylvania
The University of Pennsylvania Health System 403(b) Retirement Savings Plan covers 41,942 participants in Pennsylvania, 51x the typical Pennsylvania plan (state average ~822 per filing). Assets: $3.1B.
- #17,634
- in Healthcare & Social Assistance (17,684 peers)
- +22.7%
- assets growth YoY
- 31×
- vs typical plan assets (national mean)
The University of Pennsylvania Health System 403(b) Retirement Savings Plan's outsized position by total assets
The University of Pennsylvania Health System 403(b) Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$3,057,133,387 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
The University of Pennsylvania Health System 403(b) Retirement Savings 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. The University of Pennsylvania Health System 403(b) Retirement Savings Plan is a mega filing (41,942 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan reported net income rose from -$348M in the plan year 2022 filing to $566M in the plan year 2023 filing.
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan end-of-year assets rose from $2.5B in the plan year 2022 filing to $3.1B in the plan year 2023 filing.
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan reported participants rose from 39,740 in the plan year 2022 filing to 41,942 in the plan year 2023 filing.
DOL schedule card
Filing strip 231352685 · Trustees of the Univ. of Penn PY 2023 · Other
The University of Pennsylvania Health System 403(b) Retirement Savings Plan · $3.1B · 41,942 · 100th
- EIN $3.1B
- RANK 41,942
- PHOTO 100th
- IND Other
- EOY near Columbia University Voluntary Retirement Savings Plan
- 5500 ind #17634
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 →
The University of Pennsylvania Health System 403(b) Retirement Savings Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $2.5B |
|---|---|
| Net Assets (End of Year) | $3.1B |
| Net Income | $566M |
| Employer EIN | 231352685 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the Univ. of Penn)
Sponsor-wide plan assets over time
All Trustees of the Univ. of Penn plans reported in each filing year
- Latest sponsor-wide plan assets
- $19.0B 27.12721195306361% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 8 | 129,893 | $14.9B |
| 2023 | 8 | 157,259 | $17.0B |
| 2024 | 8 | 162,824 | $19.0B |
Nearby Other Plans in Pennsylvania
Peer Other plans, same state, same plan type, ranked by total assets.
- The University of Pennsylvania Matching Plan $6.3B · 20,979
- Upmc 403(b) Retirement Savings Plan $4.2B · 78,261
- Carnegie Mellon University Faculty and Staff Retirement Plan $2.5B · 6,370
- Jefferson Defined Contribution Retirement Plan $2.5B · 15,783
- The Children's Hospital of Philadelphia Retirement Savings Plan $2.1B · 18,109
Scale composition for The University of Pennsylvania Health System 403(b) Retirement Savings Plan
The University of Pennsylvania Health System 403(b) Retirement Savings Plan reports $3.1B in end-of-year assets across 41,942 participants (0.025% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.045% of 93,925,755 covered participants) - about $72,890 per participant (53% of the national average assets-per-participant) . Net income for plan year 2023 was $566M.
This plan identity (EIN 231352685, plan #018) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.5B to $3.6B (+42.6%) while covered participants moved from 39,740 to 43,405 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 39,740 | $2.5B | Open filing |
| 2023 | 41,942 | $3.1B | This page |
| 2024 · index core | 43,405 | $3.6B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- The University of Pennsylvania Matching Plan (Other, $7.0B, 22,110 participants)
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan (Other, $3.6B, 43,405 participants)
- University of Pennsylvania Health Sysytem Pension Plan (Defined Benefit (Pension), $2.8B, 7,714 participants)
- Supplemental Retirement Annuity Plan of the University of Pennsylvania (Other, $2.3B, 26,892 participants)
The University of Pennsylvania Health System 403(b) Retirement Savings Plan's out-of-state Other peers by assets and headcount
Outside Pennsylvania, the nearest Other by assets is Columbia University Voluntary Retirement Savings Plan in NY ($3.0B); by covered participants it is Intermountain Healthcare Tax Deferred Savings 403(b) Plan in UT (41,571 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.1B here).
- Columbia University Voluntary Retirement Savings Plan (NY) $3.0B · 15,290
- Medstar Health, Inc. Retirement Savings Plan (MD) $3.0B · 31,642
- Nyu Langone Health 403(b) Plan (NY) $2.9B · 33,011
- Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan (NC) $3.2B · 18,961
Similar participant headcount
Nearest other-state filings by covered participants (41,942 participants); asset peers above are excluded.
- Intermountain Healthcare Tax Deferred Savings 403(b) Plan (UT) 41,571 · 371 off
- The Retirement Savings Plan (NY) 41,528 · 414 off
- The Duke University Faculty and Staff Retirement Plan (NC) 44,809 · 2,867 off
- National Plus Plan (RI) 35,858 · 6,084 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.