401(k) · DOL Form 5500 · 2024

Highmark Health 401(k) Plan

Data updated 2026-07-24

$2.9B
Total assets
15,661
Participants
99th
Percentile by assets
$182,690
Avg per participant
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Official DOL plan name: Highmark Investment Plan · Sponsored by Highmark Health · Pennsylvania · Finance & Insurance

$2.9B in assets, 15,661 participants

Highmark Health's Highmark Investment Plan reported $2.9B in total assets and 15,661 participants in its 2024 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.

  • 99th percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

Highmark Investment Plan covers 15,661 participants in Pennsylvania, 19x the typical Pennsylvania plan (state average ~824 per filing). Assets: $2.9B.

$2.9B
total plan assets (2024 EOY)
15,661
covered participants
99th
percentile by assets (of 116,472 plans)
$182,690
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Highmark Investment Plan reported net income fell from $461M in the plan year 2023 filing to $368M in the plan year 2024 filing.
  • Highmark Investment Plan end-of-year assets rose from $2.5B in the plan year 2023 filing to $2.9B in the plan year 2024 filing.
  • Highmark Investment Plan reported participants fell from 15,996 in the plan year 2023 filing to 15,661 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Highmark Investment Plan reports 15,661 participants - 19x that state average ($2.9B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.5B
Net Assets (End of Year)$2.9B
Net Income$368M
Employer EIN453674900
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Highmark Health)

$5B$5.5B$6B$6.5B 202220232024 $5.18B $5.97B ▲ +15.3%
Total plan assets by year, all Highmark Health plans on file
Year Plans Participants Total Assets
2022 2 30,804 $5.2B
2023 2 30,774 $5.8B
2024 2 29,485 $6.0B

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Highmark Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Highmark Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Highmark Investment …Comcast Corporation …The Cigna Group 401(…The Vanguard Retirem…Thermo Fisher Scient…The PNC Financial Se…
Highmark Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Highmark Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Highmark Investment Plan assets move in 2024?
Highmark Investment Plan grew at a solid clip - up 14.8% during 2024, from $2.5B to $2.9B. Reported net income was $368M.
How have Highmark Health plan assets changed over time?
Across 3 plan years on file (2022-2024), Highmark Health's sponsor-wide assets grew 15.2%, from $5.2B to $6.0B.
Where does Highmark Investment Plan rank by assets among Form 5500 filers?
Highmark Investment Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Highmark Investment Plan?
Among 401(k) plans in other states, the closest by assets is Piedmont Healthcare, Inc. 401(k) Tomorrowplan in GA ($2.9B, 33,958 participants).

Filing takeaways

Ways to act on Highmark Investment Plan's numbers.

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 453674900.

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