Defined Benefit (Pension) · DOL Form 5500 · 2023
Umass Memorial Health Care, Inc. Pension Plan
Data updated 2026-08-25
- $1.2B
- Total assets Very large vs avg
- 8,379
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $147,789
- Avg per participant Above avg balance/head
Official DOL plan name: Umass Memorial Health Care Pension Plan · Sponsored by Umass Memorial Health Care, Inc. · Massachusetts · Healthcare & Social Assistance
$1.2B in assets, 8,379 participants
Umass Memorial Health Care, Inc.'s Umass Memorial Health Care Pension Plan reported $1.2B in total assets and 8,379 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.
- #17,518 in Healthcare & Social Assistance (17,684 peers)
Coverage in Massachusetts
Umass Memorial Health Care Pension Plan covers 8,379 participants in Massachusetts, 13x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.2B.
- #17,518
- in Healthcare & Social Assistance (17,684 peers)
- +24.8%
- assets growth YoY
- 12×
- vs typical plan assets (national mean)
Umass Memorial Health Care Pension Plan's outsized position by total assets
Umass Memorial Health Care Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,238,321,729 Top 1% higher than 99% 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
Umass Memorial Health Care Pension Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Umass Memorial Health Care Pension Plan lands in the large band (8,379 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Umass Memorial Health Care Pension Plan reported net income rose from $60M in the plan year 2022 filing to $239M in the plan year 2023 filing.
- Umass Memorial Health Care Pension Plan end-of-year assets rose from $992M in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
- Umass Memorial Health Care Pension Plan reported participants rose from 8,364 in the plan year 2022 filing to 8,379 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 043358566 · Umass Memorial Health Care, Inc. PY 2023 · Defined Benefit (Pension)
Umass Memorial Health Care Pension Plan · $1.2B · 8,379 · 99th
- EBSA $1.2B
- PART 8,379
- TYPE 99th
- NET Defined Benefit (Pension)
- BOOK near Nysa-Ila Pension Trust Fund & Plan
- VS-ST ind #17518
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 Massachusetts →
Umass Memorial Health Care Pension Plan in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $992M |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | $239M |
| Employer EIN | 043358566 |
| Plan Effective Date | 1971-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Umass Memorial Health Care, Inc.)
Sponsor-wide plan assets over time
All Umass Memorial Health Care, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.4B 3.889211676403325% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 20,753 | $3.5B |
| 2023 | 3 | 24,923 | $3.1B |
| 2024 | 3 | 27,254 | $3.4B |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $10.3B · 58,745
- New England Teamsters Pension Fund $9.1B · 21,786
- Liberty Mutual Retirement Benefit Plan $6.9B · 37,145
- Massachusetts Institute of Technology Basic Retirement Plan $5.4B · 11,888
- N. Atlantic States Carp. Pension Fund $5.0B · 17,166
Scale composition for Umass Memorial Health Care Pension Plan
Umass Memorial Health Care Pension Plan reports $1.2B in end-of-year assets across 8,379 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $147,789 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $239M.
This plan identity (EIN 043358566, plan #005) has 4 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $995M to $1.3B (+29.8%) while covered participants moved from 95 to 9,506 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 95 | $995M | Open filing |
| 2022 | 8,364 | $992M | Open filing |
| 2023 | 8,379 | $1.2B | This page |
| 2024 · index core | 9,506 | $1.3B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Umass Memorial Health Care 401(k) Plan (401(k), $1.4B, 13,351 participants)
- Umass Memorial Health Care Pension Plan (Defined Benefit (Pension), $1.3B, 9,506 participants)
- Umass Memorial Health Care 403(b) Plan (Other, $650M, 4,397 participants)
Umass Memorial Health Care Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Nysa-Ila Pension Trust Fund & Plan in NJ ($1.2B); by covered participants it is University of Pennsylvania Health Sysytem Pension Plan in PA (8,369 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.2B here).
- Nysa-Ila Pension Trust Fund & Plan (NJ) $1.2B · 4,139
- Regions Financial Corporation Retirement Plan (AL) $1.2B · 292
- Local 282 Pension Trust Fund (NY) $1.2B · 3,020
- Greater Pennsylvania Carpenters' Pension Fund (PA) $1.2B · 8,460
Similar participant headcount
Nearest other-state filings by covered participants (8,379 participants); asset peers above are excluded.
- University of Pennsylvania Health Sysytem Pension Plan (PA) 8,369 · 10 off
- The Northwestern Mutual Employee Retirement Plan (WI) 8,348 · 31 off
- Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan (WA) 8,339 · 40 off
- Glaxosmithkline Cash Balance Pension Plan (PA) 8,441 · 62 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.