Other · DOL Form 5500 · 2023

Mercyhurst University Retirement Plan

Data updated 2026-08-11

$84M
Total assets
388
Participants
90th
Percentile by assets
$217,654
Avg per participant
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Official DOL plan name: Mercyhurst University Defined Contribution Retirement Plan · Sponsored by Mercyhurst University · Pennsylvania · Educational Services

$84M in assets, 388 participants

Mercyhurst University's Mercyhurst University Defined Contribution Retirement Plan reported $84M in total assets and 388 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 127,072 plans)
  • #3,080 in Educational Services (3,735 peers)

Coverage in Pennsylvania

Mercyhurst University Defined Contribution Retirement Plan covers 388 participants in Pennsylvania, about 47% of the average Pennsylvania filer (state average ~822 per filing). Assets: $84M.

$84M
total plan assets (2023 EOY)
388
covered participants
90th
percentile by assets (of 127,072 plans)
$217,654
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mercyhurst University Defined Contribution Retirement Plan reported net income rose from -$1M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Mercyhurst University Defined Contribution Retirement Plan end-of-year assets rose from $76M in the plan year 2022 filing to $84M in the plan year 2023 filing.
  • Mercyhurst University Defined Contribution Retirement Plan reported participants fell from 409 in the plan year 2022 filing to 388 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Mercyhurst University Defined Contribution Retirement Plan reports 388 participants - about 47% of that state average ($84M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$84M
Net Income$9M
Employer EIN250965430
Plan Effective Date1964-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mercyhurst University)

$70M$75M$80M$85M$90M 202220232024 $75.9M $87.6M ▲ +15.4%
Total plan assets by year, all Mercyhurst University plans on file
Year Plans Participants Total Assets
2022 1 409 $76M
2023 1 388 $84M
2024 1 414 $88M

Nearby Other Plans in Pennsylvania

Peer Other plans, same state, same plan type, ranked by total assets.

Mercyhurst University Defined Contribution Retirement Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Mercyhurst University Defined Contribution Retirement Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -202468 Total assets ($B) Participants Mercyhurst Universit…The University of Pe…Upmc 403(b) Retireme…The University of Pe…Carnegie Mellon Univ…Jefferson Defined Co…
Mercyhurst University Defined Contribution Retirement Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Mercyhurst University Defined Contribution Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Mercyhurst University Defined Contribution Retirement Plan assets move in 2023?
Mercyhurst University Defined Contribution Retirement Plan grew at a solid clip - up 11.3% during 2023, from $76M to $84M. Reported net income was $9M.
How have Mercyhurst University plan assets changed over time?
Across 3 plan years on file (2022-2024), Mercyhurst University's sponsor-wide assets grew 15.4%, from $76M to $88M.
Where does Mercyhurst University Defined Contribution Retirement Plan rank by assets among Form 5500 filers?
Mercyhurst University Defined Contribution Retirement Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to Mercyhurst University Defined Contribution Retirement Plan?
Among Other plans in other states, the closest by assets is Asian Health Services 403(b) Plan in CA ($85M, 646 participants).

Next read for Mercyhurst University Defined Contributi…

Filing takeaways

Ways to act on Mercyhurst University Defined Contribution Retirement Plan's numbers.