Defined Benefit (Pension) · DOL Form 5500 · 2024
Pension Fund for Hospital and Health Care Employees Pension Plan
Data updated 2026-08-11
- $353M
- Total assets
- 1,910
- Participants
- 96th
- Percentile by assets
- $184,681
- Avg per participant
Official DOL plan name: Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity · Sponsored by Pension Fund for Hospital and Health Care Employees · Pennsylvania · Healthcare & Social Assistance
$353M in assets, 1,910 participants
Pension Fund for Hospital and Health Care Employees's Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity reported $353M in total assets and 1,910 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 123,622 plans)
- #16,312 in Healthcare & Social Assistance (16,916 peers)
Coverage in Pennsylvania
Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity covers 1,910 participants in Pennsylvania, 2.3x the typical Pennsylvania plan (state average ~822 per filing). Assets: $353M.
- $353M
- total plan assets (2024 EOY)
- 1,910
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $184,681
- avg assets per participant
The plan reported a net loss of $4M 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
- Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity reported net income fell from -$307K in the plan year 2023 filing to -$4M in the plan year 2024 filing.
- Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity end-of-year assets fell from $356M in the plan year 2023 filing to $353M in the plan year 2024 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity reports 1,910 participants - 2.3x that state average ($353M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $356M |
|---|---|
| Net Assets (End of Year) | $352M |
| Net Income | -$4M |
| Employer EIN | 232627428 |
| Plan Effective Date | 1991-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Pension Fund for Hospital and Health Care Employees)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,880 | $357M |
| 2023 | 1 | 1,911 | $356M |
| 2024 | 1 | 1,910 | $353M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity by total assets, not by location.
- Univar Solutions Retirement Plan (IL) $353M · 478
- Basf Corporation Consolidated Bargaining Unit Employees' Pension Plan (NJ) $352M · 449
- Packaging Corporation of America Hourly Pension Plan (IL) $352M · 3,177
- Cleveland Bakers and Teamsters Pension Fund (OH) $350M · 1,990
Frequently Asked Questions
How did Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity assets move in 2024? ▼
How have Pension Fund for Hospital and Health Care Employees plan assets changed over time? ▼
Where does Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity? ▼
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Filing takeaways
Ways to act on Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity's numbers.
- By total assets, Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- Pension Fund for Hospital and Health Care Employees's sponsor-wide assets have declined 1.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans