Hamot Health Foundation Employee Tax-Deferred Savings Plan

ESOP · DOL Form 5500 · 2023

What the Filing Says About Hamot Health Foundation Employee Tax-Deferred Savings Plan

Hamot Health Foundation Employee Tax-Deferred Savings Plan is an ESOP retirement plan sponsored by Upmc Hamot, headquartered in Pennsylvania. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $69M in total end-of-year assets and covers 764 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 250965387, and the plan has been effective since 1987-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets held essentially flat from $68M at the beginning of 2023 to $69M at year-end - up 0.9%. Net assets (after liabilities) closed the year at $69M, with reported net income of $938K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Across the 2 plan years Upmc Hamot has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $68M to $69M, a gain of 0.9%, while reported participants moved from 1,535 to 764 (-50.2%). Year-by-year, sponsor-wide filings show: 2022 - $68M in assets across 1 plan covering 1,535 participants; 2023 - $69M in assets across 1 plan covering 764 participants.

By assets, Hamot Health Foundation Employee Tax-Deferred Savings Plan outranks 88% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.7x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Hamot Health Foundation Employee Tax-Deferred Savings Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.