Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of the University of PA Pension Plan

Data updated 2026-08-25

$195M
Total assets Near avg plan size
959
Participants Near avg headcount
95th
Percentile by assets National rank
$203,514
Avg per participant Above avg balance/head
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Official DOL plan name: Retirement Allowance Plan of the University of Pennsylvania · Sponsored by Trustees of the University of PA · Pennsylvania · Educational Services

$195M in assets, 959 participants

Trustees of the University of PA's Retirement Allowance Plan of the University of Pennsylvania reported $195M in total assets and 959 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #3,406 in Educational Services (3,735 peers)

Where Retirement Allowance Plan of the University of Pennsylvania sits by assets

Retirement Allowance Plan of the University of Pennsylvania sits in the top 5% of all filed plans by assets, $195M for 959 participants (~$203,514/participant), down 6.1% in 2023.

#3,406
in Educational Services (3,735 peers)
-6.1%
assets change YoY
2.0×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Allowance Plan of the University of Pennsylvania's outsized position by total assets

Retirement Allowance Plan of the University of Pennsylvania vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$195,170,272 Top 5% higher than 95% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Retirement Allowance Plan of the University of Pennsylvania among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Allowance Plan of the University of Pennsylvania sits mid-pack in the medium band (959 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Allowance Plan of the University of Pennsylvania reported net income rose from -$16M in the plan year 2022 filing to -$13M in the plan year 2023 filing.
  • Retirement Allowance Plan of the University of Pennsylvania reported participants fell from 1,062 in the plan year 2022 filing to 959 in the plan year 2023 filing.
  • Retirement Allowance Plan of the University of Pennsylvania end-of-year assets fell from $208M in the plan year 2022 filing to $195M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 231352685 · Trustees of the University of PA PY 2023 · Defined Benefit (Pension)

Retirement Allowance Plan of the University of Pennsylvania · $195M · 959 · 95th

  • RANK $195M
  • PHOTO 959
  • IND 95th
  • EOY Defined Benefit (Pension)
  • 5500 near Sylvamo Pension Plan
  • ASSETS ind #3406

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 Educational Services retirement plans → · Plans in Pennsylvania →

Retirement Allowance Plan of the University of Pennsylvania in the asset neighbourhood

Talen Montana Retirement Plan$195MSylvamo Pension Plan$195MRetirement Allowance Plan of the University of PennsylvaniaRetirement Allowance Plan of…$195MRetirement Plan of Marathon Oil CompanyRetirement Plan of Marathon …$195MDonnelley Financial Pension PlanDonnelley Financial Pension …$195M
End-of-year total assets ($M) among Retirement Allowance Plan of the University of Pennsylvania and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$208M
Net Assets (End of Year)$195M
Net Income-$13M
Employer EIN231352685
Plan Effective Date1948-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the University of PA)

Sponsor-wide plan assets over time

All Trustees of the University of PA plans reported in each filing year

Latest sponsor-wide plan assets
$19.0B 27.12721195306361% vs 2022
2024 filing year
$14B$16B$18B$20B 202220232024 $14.9B $19B ▲ +27.1%
Year Plans Participants Total Assets
2022 8 129,893 $14.9B
2023 8 157,259 $17.0B
2024 8 162,824 $19.0B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Retirement Allowance Plan of the University of Pennsylvania vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Retirement Allowance Plan of the University of Pennsylvania, Total assets ($B): 0.195170272 · Participants: 959Retirement Allowance Plan of the University of PennsylvaniaNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Retirement Allowance Plan of the University of Pennsylvania vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Retirement Allowance Plan of the University of Pennsylvania's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Sylvamo Pension Plan in TN ($195M); by covered participants it is Plumbers and Pipefitters Local 520 Pension Plan in MI (959 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($195M here).

Similar participant headcount

Nearest other-state filings by covered participants (959 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Retirement Allowance Plan of the University of Pennsylvania assets move in 2023?
Retirement Allowance Plan of the University of Pennsylvania pulled back noticeably - down 6.1% during 2023, from $208M to $195M. Reported net income was -$13M.
How have Trustees of the University of PA plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of the University of PA's sponsor-wide assets grew 27.1%, from $14.9B to $19.0B.
Where does Retirement Allowance Plan of the University of Pennsylvania rank by assets among Form 5500 filers?
Retirement Allowance Plan of the University of Pennsylvania ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Allowance Plan of the University of Pennsylvania?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sylvamo Pension Plan in TN ($195M, 833 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Allowance Plan of the University of Pennsylvania?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Plumbers and Pipefitters Local 520 Pension Plan in MI (959 participants, $277M in assets).