Defined Benefit (Pension) · DOL Form 5500 · 2024

Magee Rehabilitation Hospital Defined Benefit Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$69M
Total assets
322
Participants
78th
Percentile by assets

Sponsored by Magee Rehabilitation Hospital · Pennsylvania · Healthcare & Social Assistance

What the 2024 filing shows

Magee Rehabilitation Hospital Defined Benefit Pension Plan holds $69M for 322 participants - about $215,243 per participant, in the top quartile of all filed plans by assets, down 14.3% over the 2024 plan year.

$69M
total plan assets (2024 EOY)
322
covered participants
78th
percentile by assets (of 67,083 plans)
$215,243
avg assets per participant

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$69M
Participants
322
State
Industry
Healthcare & Social Assistance

What the Filing Says About Magee Rehabilitation Hospital Defined Benefit Pension Plan

Magee Rehabilitation Hospital Defined Benefit Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Magee Rehabilitation Hospital, headquartered in Pennsylvania. As of the 2024 Form 5500 filing, the plan reports $69M in total end-of-year assets and covers 322 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 231476328, and the plan has been effective since 1959-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $81M at the beginning of 2024 to $69M at year-end - a decline of 14.3%. Net assets (after liabilities) closed the year at N/A, with reported net income of $-11,432,276 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.

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.

Financial Summary (2023)

Total Assets (Beginning of Year)$81M
Total Assets (End of Year)$69M
Net Assets (End of Year)N/A
Net Income$-11,432,276
Plan TypeDefined Benefit (Pension)
Employer EIN231476328
Plan Effective Date1959-03-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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Frequently Asked Questions

How much money is in the Magee Rehabilitation Hospital Defined Benefit Pension Plan?
As of the 2024 Form 5500 filing, Magee Rehabilitation Hospital Defined Benefit Pension Plan holds $69M in total assets with 322 participants. It is sponsored by Magee Rehabilitation Hospital.
What type of plan is Magee Rehabilitation Hospital Defined Benefit Pension Plan?
Magee Rehabilitation Hospital Defined Benefit Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1959-03-01. The plan is filed with the U.S. Department of Labor under EIN 231476328.
Who sponsors the Magee Rehabilitation Hospital Defined Benefit Pension Plan?
Magee Rehabilitation Hospital Defined Benefit Pension Plan is sponsored by Magee Rehabilitation Hospital, located in Pennsylvania. The sponsor's EIN is 231476328 and the plan operates in the Healthcare & Social Assistance industry.
How did Magee Rehabilitation Hospital Defined Benefit Pension Plan perform in 2024?
Magee Rehabilitation Hospital Defined Benefit Pension Plan declined by 14.3% during 2024, moving from $81M to $69M in total assets. Net income was $-11,432,276.
Where can I find official filings for Magee Rehabilitation Hospital Defined Benefit Pension Plan?
Official Form 5500 filings for Magee Rehabilitation Hospital Defined Benefit Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 231476328 or plan name at efast.dol.gov.
How does Magee Rehabilitation Hospital Defined Benefit Pension Plan compare to other plans?
You can compare Magee Rehabilitation Hospital Defined Benefit Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 231476328.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.