Defined Benefit (Pension) · DOL Form 5500 · 2023

Thomas Jefferson University Pension Plan

Data updated 2026-08-11

$1.6B
Total assets
6,814
Participants
99th
Percentile by assets
$239,572
Avg per participant
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Official DOL plan name: Jefferson Defined Benefit Plan · Sponsored by Thomas Jefferson University · Pennsylvania · Healthcare & Social Assistance

$1.6B in assets, 6,814 participants

Thomas Jefferson University's Jefferson Defined Benefit Plan reported $1.6B in total assets and 6,814 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)
  • #17,567 in Healthcare & Social Assistance (17,684 peers)

Coverage in Pennsylvania

Jefferson Defined Benefit Plan covers 6,814 participants in Pennsylvania, 8.3x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.6B.

$1.6B
total plan assets (2023 EOY)
6,814
covered participants
99th
percentile by assets (of 127,072 plans)
$239,572
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Jefferson Defined Benefit Plan reported net income rose from -$422M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Jefferson Defined Benefit Plan reported participants fell from 7,255 in the plan year 2022 filing to 6,814 in the plan year 2023 filing.
  • Jefferson Defined Benefit Plan end-of-year assets rose from $1.6B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Jefferson Defined Benefit Plan reports 6,814 participants - 8.3x that state average ($1.6B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.6B
Net Income$8M
Employer EIN231352651
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thomas Jefferson University)

$3.5B$4B$4.5B$5B 202220232024 $3.74B $4.87B ▲ +30.2%
Total plan assets by year, all Thomas Jefferson University plans on file
Year Plans Participants Total Assets
2022 2 21,557 $3.7B
2023 2 22,597 $4.1B
2024 2 23,676 $4.9B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Jefferson Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Jefferson Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 051015 Total assets ($B) Participants Jefferson Defined Be…National Elevator In…Steelworkers Pension…The PNC Financial Se…Constellation Retire…The Bank of New York…
Jefferson Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Scale composition for Jefferson Defined Benefit Plan

Jefferson Defined Benefit Plan reports $1.6B in end-of-year assets across 6,814 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $239,572 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2023 was $8M.

This plan identity (EIN 231352651, plan #010) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $2.1B (+28.1%) while covered participants moved from 7,255 to 6,179 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,255 $1.6B Open filing
2023 6,814 $1.6B This page
2024 · index core 6,179 $2.1B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Jefferson Defined Benefit Plan by total assets, not by location.

Frequently Asked Questions

How did Jefferson Defined Benefit Plan assets move in 2023?
Jefferson Defined Benefit Plan held essentially flat - up 0.5% during 2023, from $1.6B to $1.6B. Reported net income was $8M.
How have Thomas Jefferson University plan assets changed over time?
Across 3 plan years on file (2022-2024), Thomas Jefferson University's sponsor-wide assets grew 30.5%, from $3.7B to $4.9B.
Where does Jefferson Defined Benefit Plan rank by assets among Form 5500 filers?
Jefferson Defined Benefit 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 Defined Benefit (Pension) plans are similar in size to Jefferson Defined Benefit Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Boehringer Ingelheim USA Corporation & Its Affiliates Retirement Plan in CT ($1.6B, 8,178 participants).

Filing takeaways

Ways to act on Jefferson Defined Benefit Plan's numbers.