401(k) · DOL Form 5500 · 2023
Trustees of the Univ. of Penn 401(k) Plan
Data updated 2026-08-25
- $889M
- Total assets Above avg plan size
- 38,179
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $23,283
- Avg per participant Low balance/head
Official DOL plan name: Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System · Sponsored by Trustees of the Univ. of Penn · Pennsylvania · Healthcare & Social Assistance
$889M in assets, 38,179 participants
Trustees of the Univ. of Penn's Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System reported $889M in total assets and 38,179 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #17,445 in Healthcare & Social Assistance (17,684 peers)
Coverage in Pennsylvania
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System covers 38,179 participants in Pennsylvania, 46x the typical Pennsylvania plan (state average ~822 per filing). Assets: $889M.
- #17,445
- in Healthcare & Social Assistance (17,684 peers)
- +35.4%
- assets growth YoY
- 8.9×
- vs typical plan assets (national mean)
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System's outsized position by total assets
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$888,915,386 Top 2% higher than 98% 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
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System'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. Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System is a mega filing (38,179 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System reported net income rose from -$125M in the plan year 2022 filing to $233M in the plan year 2023 filing.
- Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System end-of-year assets rose from $656M in the plan year 2022 filing to $889M in the plan year 2023 filing.
- Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System reported participants rose from 34,360 in the plan year 2022 filing to 38,179 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 231352685 · Trustees of the Univ. of Penn PY 2023 · 401(k)
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System · $889M · 38,179 · 98th
- BOY $889M
- SCH 38,179
- EBSA 98th
- PART 401(k)
- TYPE near Owens & Minor 401(k) Savings and Retirement Plan
- NET ind #17445
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 →
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $656M |
|---|---|
| Net Assets (End of Year) | $889M |
| Net Income | $233M |
| Employer EIN | 231352685 |
| Plan Effective Date | 1994-01-01 |
| 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 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
Scale composition for Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System reports $889M in end-of-year assets across 38,179 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.041% of 93,925,755 covered participants) - about $23,283 per participant (17% of the national average assets-per-participant) . Net income for plan year 2023 was $233M.
This plan identity (EIN 231352685, plan #039) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $656M to $1.1B (+69.1%) while covered participants moved from 34,360 to 39,758 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 34,360 | $656M | Open filing |
| 2023 | 38,179 | $889M | This page |
| 2024 · index core | 39,758 | $1.1B | 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)
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Owens & Minor 401(k) Savings and Retirement Plan in VA ($889M); by covered participants it is Allegis Group, Inc Retirement Savings Plan Three in MD (38,071 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($889M here).
- Owens & Minor 401(k) Savings and Retirement Plan (VA) $889M · 7,878
- Usg Corporation Investment Plan (IL) $889M · 5,865
- Dpr Construction Retirement Savings Plan (CA) $888M · 6,932
- Dollar Tree Retirement Savings Plan (VA) $891M · 89,133
Similar participant headcount
Nearest other-state filings by covered participants (38,179 participants); asset peers above are excluded.
- Allegis Group, Inc Retirement Savings Plan Three (MD) 38,071 · 108 off
- Kindercare Education Savings and Investment Plan (OR) 38,045 · 134 off
- Abbott Laboratories Stock Retirement Plan (IL) 38,012 · 167 off
- Supply Chain Retirement Savings Plan (OH) 37,894 · 285 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.