Defined Benefit (Pension) · DOL Form 5500 · 2024
Highmark Health Pension Plan
Data updated 2026-07-24
- $3.1B
- Total assets
- 13,824
- Participants
- 100th
- Percentile by assets
- $225,062
- Avg per participant
Official DOL plan name: Highmark Retirement Plan · Sponsored by Highmark Health · Pennsylvania · Finance & Insurance
$3.1B in assets, 13,824 participants
Highmark Health's Highmark Retirement Plan reported $3.1B in total assets and 13,824 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 116,472 plans)
Coverage in Pennsylvania
Highmark Retirement Plan covers 13,824 participants in Pennsylvania, 17x the typical Pennsylvania plan (state average ~824 per filing). Assets: $3.1B.
- $3.1B
- total plan assets (2024 EOY)
- 13,824
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $225,062
- avg assets per participant
The plan reported a net loss of $223M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Highmark Retirement Plan reported net income fell from $103M in the plan year 2023 filing to -$223M in the plan year 2024 filing.
- Highmark Retirement Plan reported participants fell from 14,778 in the plan year 2023 filing to 13,824 in the plan year 2024 filing.
- Highmark Retirement Plan end-of-year assets fell from $3.3B in the plan year 2023 filing to $3.1B in the plan year 2024 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Highmark Retirement Plan reports 13,824 participants - 17x that state average ($3.1B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $3.3B |
|---|---|
| Net Assets (End of Year) | $3.0B |
| Net Income | -$223M |
| Employer EIN | 453674900 |
| Plan Effective Date | 1974-06-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Highmark Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 30,804 | $5.2B |
| 2023 | 2 | 30,774 | $5.8B |
| 2024 | 2 | 29,485 | $6.0B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Highmark Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
- Eastern Atlantic States Carpenters Pension Fund $5.0B · 12,421
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Highmark Retirement Plan by total assets, not by location.
- American International Group, Inc. Retirement Plan (NY) $3.1B · 3,424
- Pinnacle West Capital Corporation Retirement Plan (AZ) $3.1B · 6,044
- Kpmg Pension Plan (NJ) $3.1B · 20,564
- Kodak Retirement Income Plan (NY) $3.1B · 1,968
Frequently Asked Questions
How did Highmark Retirement Plan assets move in 2024? ▼
How have Highmark Health plan assets changed over time? ▼
Where does Highmark Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Highmark Retirement Plan? ▼
Next read for Highmark Retirement Plan
Filing takeaways
Ways to act on Highmark Retirement Plan's numbers.
- By total assets, Highmark Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- Highmark Health's sponsor-wide assets have grown 15.2% since 2022 across 3 plan years on file. More Finance & Insurance plans
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.
Read our methodology - how this data is sourced, computed, and verified.