Defined Benefit (Pension) · DOL Form 5500 · 2024
UPMC Pension Plan
Data updated 2026-08-25
- $3.0B
- Total assets Very large vs avg
- 74,793
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $40,250
- Avg per participant Low balance/head
Official DOL plan name: Upmc Basic Retirement Plan · Sponsored by UPMC · Pennsylvania · Healthcare & Social Assistance
$3.0B in assets, 74,793 participants
UPMC's Upmc Basic Retirement Plan reported $3.0B in total assets and 74,793 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.
- #16,852 in Healthcare & Social Assistance (16,916 peers)
Coverage in Pennsylvania
Upmc Basic Retirement Plan covers 74,793 participants in Pennsylvania, 91x the typical Pennsylvania plan (state average ~822 per filing). Assets: $3.0B.
- #16,852
- in Healthcare & Social Assistance (16,916 peers)
- +5.7%
- assets growth YoY
- 30×
- vs typical plan assets (national mean)
Upmc Basic Retirement Plan's outsized position by total assets
Upmc Basic Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$3,010,414,121 Top 1% higher than 99% 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
Upmc Basic Retirement 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. Upmc Basic Retirement Plan is a mega filing (74,793 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Upmc Basic Retirement Plan reported net income rose from $57M in the plan year 2023 filing to $164M in the plan year 2024 filing.
- Upmc Basic Retirement Plan reported participants rose from 70,746 in the plan year 2023 filing to 74,793 in the plan year 2024 filing.
- Upmc Basic Retirement Plan end-of-year assets rose from $2.8B in the plan year 2023 filing to $3.0B in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 251423657 · UPMC PY 2024 · Defined Benefit (Pension)
Upmc Basic Retirement Plan · $3.0B · 74,793 · 99th
- PART $3.0B
- PART 74,793
- PART 99th
- PART Defined Benefit (Pension)
- PART near Ernst & Young Partnership Defined Benefit Retirement Plan
- PART ind #16852
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 →
Upmc Basic Retirement Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $2.8B |
|---|---|
| Net Assets (End of Year) | $3.0B |
| Net Income | $164M |
| Employer EIN | 251423657 |
| Plan Effective Date | 1974-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (UPMC)
Sponsor-wide plan assets over time
All UPMC plans reported in each filing year
- Latest sponsor-wide plan assets
- $12.6B 29.82490698385764% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 237,521 | $9.7B |
| 2023 | 3 | 246,091 | $11.3B |
| 2024 | 3 | 252,147 | $12.6B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $12.2B · 28,308
- 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
Scale composition for Upmc Basic Retirement Plan
Upmc Basic Retirement Plan reports $3.0B in end-of-year assets across 74,793 participants (0.024% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.080% of 93,925,755 covered participants) - about $40,250 per participant (29% of the national average assets-per-participant) . Net income for plan year 2024 was $164M.
This plan identity (EIN 251423657, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.8B to $3.0B (+7.9%) while covered participants moved from 68,708 to 74,793 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 68,708 | $2.8B | Open filing |
| 2023 | 70,746 | $2.8B | Open filing |
| 2024 · index core | 74,793 | $3.0B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Upmc 401(a) Retirement Savings Plan (401(k), $4.9B, 98,482 participants)
- Upmc 403(b) Retirement Savings Plan (Other, $4.7B, 78,872 participants)
Upmc Basic Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Ernst & Young Partnership Defined Benefit Retirement Plan in NJ ($3.0B); by covered participants it is Sound Retirement Trust in WA (75,402 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.0B here).
- Ernst & Young Partnership Defined Benefit Retirement Plan (NJ) $3.0B · 3,910
- Pipe Fitters Retirement Fund, Local 597 (IL) $3.0B · 6,435
- Excavators Union Local 731 Pension Fund (NY) $3.0B · 5,257
- Factory Mutual Insurance Company Pension Plan (RI) $3.0B · 3,656
Similar participant headcount
Nearest other-state filings by covered participants (74,793 participants); asset peers above are excluded.
- Sound Retirement Trust (WA) 75,402 · 609 off
- Mayo Pension Plan (MN) 71,743 · 3,050 off
- Western Unite Here and Employers Pension Fund (CA) 71,253 · 3,540 off
- Pepsico, Inc. Employees Retirement Plan H (NY) 79,073 · 4,280 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.