401(k) · DOL Form 5500 · 2024

Highmark Health 401(k) Plan

Data updated 2026-08-25

$2.9B
Total assets Very large vs avg
15,661
Participants Very large workforce
99th
Percentile by assets National rank
$182,690
Avg per participant Above avg balance/head
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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.

  • #8,447 in Finance & Insurance (8,549 peers)

Coverage in Pennsylvania

Highmark Investment Plan covers 15,661 participants in Pennsylvania, 19x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.9B.

#8,447
in Finance & Insurance (8,549 peers)
+14.8%
assets growth YoY
29×
vs typical plan assets (national mean)

Highmark Investment Plan's outsized position by total assets

Highmark Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,861,110,381 Top 1% higher than 99% of 123,620 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 2024

Highmark Investment Plan'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. Highmark Investment Plan is a mega filing (15,661 participants), the rightmost band on the breakdown.

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 →

Form 5500 schedule snapshot

Filing strip 453674900 · Highmark Health PY 2024 · 401(k)

Highmark Investment Plan · $2.9B · 15,661 · 99th

  • ASSETS $2.9B
  • PCT 15,661
  • EIN 99th
  • RANK 401(k)
  • PHOTO near Piedmont Healthcare, Inc. 401(k) Tomorrowplan
  • IND ind #8447

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 Finance & Insurance retirement plans → · Plans in Pennsylvania →

Highmark Investment Plan in the asset neighbourhood

Hartford Healthcare 401(k) Retirement PlanHartford Healthcare 401(k) R…$2.9BHighmark Investment Plan$2.9BPiedmont Healthcare, Inc. 401(k) TomorrowplanPiedmont Healthcare, Inc. 40…$2.9BMufg Bank Ltd. 401(k) Plan$2.9BConsumers Energy Company Employees' Savings PlanConsumers Energy Company Emp…$2.9B
End-of-year total assets ($B) among Highmark Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Highmark Health plans reported in each filing year

Latest sponsor-wide plan assets
$6.0B 15.248406515244817% vs 2022
2024 filing year
$5B$5.5B$6B$6.5B 202220232024 $5.18B $5.97B ▲ +15.3%
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 Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Highmark Investment Plan, Total assets ($B): 2.861110381 · Participants: 15661Highmark Investment PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Highmark Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Highmark Investment Plan

Highmark Investment Plan reports $2.9B in end-of-year assets across 15,661 participants (0.023% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $182,690 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2024 was $368M.

This plan identity (EIN 453674900, plan #334) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $2.9B (+41.4%) while covered participants moved from 15,045 to 15,661 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 15,045 $2.0B Open filing
2023 15,996 $2.5B Open filing
2024 · index core 15,661 $2.9B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Highmark Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Piedmont Healthcare, Inc. 401(k) Tomorrowplan in GA ($2.9B); by covered participants it is Hospital Housekeeping Systems 401(k) Benefit Plan in TX (15,679 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (15,661 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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).
Which 401(k) plans cover a similar participant headcount to Highmark Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Hospital Housekeeping Systems 401(k) Benefit Plan in TX (15,679 participants, $36M in assets).