Other · DOL Form 5500 · 2024
Penn State Health Retirement Plan
Data updated 2026-08-25
- $532M
- Total assets Above avg plan size
- 18,777
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $28,357
- Avg per participant Low balance/head
Official DOL plan name: Penn State Health Tax Sheltered Annuity Program · Sponsored by Penn State Health · Pennsylvania · Healthcare & Social Assistance
$532M in assets, 18,777 participants
Penn State Health's Penn State Health Tax Sheltered Annuity Program reported $532M in total assets and 18,777 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #16,476 in Healthcare & Social Assistance (16,916 peers)
Coverage in Pennsylvania
Penn State Health Tax Sheltered Annuity Program covers 18,777 participants in Pennsylvania, 23x the typical Pennsylvania plan (state average ~822 per filing). Assets: $532M.
- #16,476
- in Healthcare & Social Assistance (16,916 peers)
- +19.8%
- assets growth YoY
- 5.3×
- vs typical plan assets (national mean)
Penn State Health Tax Sheltered Annuity Program's outsized position by total assets
Penn State Health Tax Sheltered Annuity Program vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$532,454,952 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Penn State Health Tax Sheltered Annuity Program's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Penn State Health Tax Sheltered Annuity Program is a mega filing (18,777 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Penn State Health Tax Sheltered Annuity Program end-of-year assets rose from $444M in the plan year 2023 filing to $532M in the plan year 2024 filing.
- Penn State Health Tax Sheltered Annuity Program reported net income fell from $71M in the plan year 2023 filing to $69M in the plan year 2024 filing.
- Penn State Health Tax Sheltered Annuity Program reported participants rose from 18,215 in the plan year 2023 filing to 18,777 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 473769205 · Penn State Health PY 2024 · Other
Penn State Health Tax Sheltered Annuity Program · $532M · 18,777 · 97th
- NET $532M
- NET 18,777
- NET 97th
- NET Other
- NET near Noblis, Inc. Tax Sheltered Annuity Plan
- NET ind #16476
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 Pennsylvania →
Penn State Health Tax Sheltered Annuity Program in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $444M |
|---|---|
| Net Assets (End of Year) | $532M |
| Net Income | $69M |
| Employer EIN | 473769205 |
| Plan Effective Date | 2017-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Penn State Health)
Sponsor-wide plan assets over time
All Penn State Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.5B 37.468703821557746% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 33,697 | $2.5B |
| 2023 | 2 | 32,980 | $3.0B |
| 2024 | 2 | 34,333 | $3.5B |
Nearby Other Plans in Pennsylvania
Peer Other plans, same state, same plan type, ranked by total assets.
- The University of Pennsylvania Matching Plan $7.0B · 22,110
- Upmc 403(b) Retirement Savings Plan $4.7B · 78,872
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan $3.6B · 43,405
- Carnegie Mellon University Faculty and Staff Retirement Plan $2.8B · 6,772
- Jefferson Defined Contribution Retirement Plan $2.8B · 17,497
Scale composition for Penn State Health Tax Sheltered Annuity Program
Penn State Health Tax Sheltered Annuity Program reports $532M in end-of-year assets across 18,777 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.020% of 93,925,755 covered participants) - about $28,357 per participant (21% of the national average assets-per-participant) . Net income for plan year 2024 was $69M.
This plan identity (EIN 473769205, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $373M to $532M (+42.8%) while covered participants moved from 16,787 to 18,777 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 16,787 | $373M | Open filing |
| 2023 | 18,215 | $444M | Open filing |
| 2024 · index core | 18,777 | $532M | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Penn State Health 401(k) Savings Plan (401(k), $2.9B, 15,556 participants)
Penn State Health Tax Sheltered Annuity Program's out-of-state Other peers by assets and headcount
Outside Pennsylvania, the nearest Other by assets is Noblis, Inc. Tax Sheltered Annuity Plan in VA ($533M); by covered participants it is Johns Hopkins Health System Corporation 403(b) Plan in MD (18,810 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($532M here).
- Noblis, Inc. Tax Sheltered Annuity Plan (VA) $533M · 2,475
- Suffolk University Employee Retirement Plan (MA) $531M · 1,583
- Oberlin College Defined Contribution and Tax Deferred Annuity Retirement Plan (OH) $529M · 1,295
- Loyola Marymount University Defined Contribution Retirement Plan (CA) $538M · 3,095
Similar participant headcount
Nearest other-state filings by covered participants (18,777 participants); asset peers above are excluded.
- Johns Hopkins Health System Corporation 403(b) Plan (MD) 18,810 · 33 off
- The Arc New York Affiliated Employers 403(b) Plan (NY) 19,257 · 480 off
- Children's Hospital Medical Center Employee Savings Plan (OH) 19,570 · 793 off
- Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan (NC) 19,745 · 968 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.