401(k) · DOL Form 5500 · 2024

Select Medical Corporation 401(k) Plan

Data updated 2026-07-24

$2.8B
Total assets
43,419
Participants
99th
Percentile by assets
$65,402
Avg per participant
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Official DOL plan name: Select Medical Corporation 401(k) Plan · Sponsored by Select Medical Corporation · Pennsylvania · Healthcare & Social Assistance

$2.8B in assets, 43,419 participants

Select Medical Corporation's Select Medical Corporation 401(k) Plan reported $2.8B in total assets and 43,419 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

Select Medical Corporation 401(k) Plan covers 43,419 participants in Pennsylvania, 53x the typical Pennsylvania plan (state average ~824 per filing). Assets: $2.8B.

$2.8B
total plan assets (2024 EOY)
43,419
covered participants
99th
percentile by assets (of 116,472 plans)
$65,402
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Select Medical Corporation 401(k) Plan reported net income fell from $425M in the plan year 2023 filing to $357M in the plan year 2024 filing.
  • Select Medical Corporation 401(k) Plan end-of-year assets rose from $2.5B in the plan year 2023 filing to $2.8B in the plan year 2024 filing.
  • Select Medical Corporation 401(k) Plan reported participants rose from 42,145 in the plan year 2023 filing to 43,419 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. Select Medical Corporation 401(k) Plan reports 43,419 participants - 53x that state average ($2.8B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.5B
Net Assets (End of Year)$2.8B
Net Income$357M
Employer EIN232872718
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Select Medical Corporation)

$1.5B$2B$2.5B$3B 202220232024 $2.05B $2.84B ▲ +38.5%
Total plan assets by year, all Select Medical Corporation plans on file
Year Plans Participants Total Assets
2022 1 39,306 $2.1B
2023 1 42,145 $2.5B
2024 1 43,419 $2.8B

Nearby 401(k) Plans in Pennsylvania

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

Select Medical Corporation 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Select Medical Corporation 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Select Medical Corpo…Comcast Corporation …The Cigna Group 401(…The Vanguard Retirem…Thermo Fisher Scient…The PNC Financial Se…
Select Medical Corporation 401(k) 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 Select Medical Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Select Medical Corporation 401(k) Plan assets move in 2024?
Select Medical Corporation 401(k) Plan grew at a solid clip - up 14.4% during 2024, from $2.5B to $2.8B. Reported net income was $357M.
How have Select Medical Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Select Medical Corporation's sponsor-wide assets grew 38.5%, from $2.1B to $2.8B.
Where does Select Medical Corporation 401(k) Plan rank by assets among Form 5500 filers?
Select Medical Corporation 401(k) 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 Select Medical Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Corebridge Financial, Inc. Retirement Savings 401(k) Plan in TX ($2.8B, 5,280 participants).

Filing takeaways

Ways to act on Select Medical Corporation 401(k) 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 232872718.

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