Other · DOL Form 5500 · 2024
Somerset Hospital Retirement Plan
Data updated 2026-08-25
- $32M
- Total assets Below avg plan size
- 489
- Participants Below avg headcount
- 78th
- Percentile by assets National rank
- $65,985
- Avg per participant Below avg balance/head
Official DOL plan name: Somerset Hospital 403(b) Plan · Sponsored by Somerset Hospital · Pennsylvania · Healthcare & Social Assistance
$32M in assets, 489 participants
Somerset Hospital's Somerset Hospital 403(b) Plan reported $32M in total assets and 489 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.
- #13,809 in Healthcare & Social Assistance (16,916 peers)
Where Somerset Hospital 403(b) Plan sits by assets
Somerset Hospital 403(b) Plan sits in the top quartile of all filed plans by assets, $32M for 489 participants (~$65,985/participant), down 4.1% in 2024.
- #13,809
- in Healthcare & Social Assistance (16,916 peers)
- -4.1%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Somerset Hospital 403(b) Plan's outsized position by total assets
Somerset Hospital 403(b) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$32,266,704 Top 22% higher than 78% 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
Somerset Hospital 403(b) Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Somerset Hospital 403(b) Plan sits mid-pack in the medium band (489 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Somerset Hospital 403(b) Plan reported net income fell from $836K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
- Somerset Hospital 403(b) Plan reported participants fell from 665 in the plan year 2023 filing to 489 in the plan year 2024 filing.
- Somerset Hospital 403(b) Plan end-of-year assets fell from $34M in the plan year 2023 filing to $32M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 250965570 · Somerset Hospital PY 2024 · Other
Somerset Hospital 403(b) Plan · $32M · 489 · 78th
- BOOK $32M
- BOOK 489
- BOOK 78th
- BOOK Other
- BOOK near Lycee Francais De San Francisco 403(b) DC Plan
- BOOK ind #13809
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 →
Somerset Hospital 403(b) Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $34M |
|---|---|
| Net Assets (End of Year) | $32M |
| Net Income | -$1M |
| Employer EIN | 250965570 |
| Plan Effective Date | 1996-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Somerset Hospital)
Sponsor-wide plan assets over time
All Somerset Hospital plans reported in each filing year
- Latest sponsor-wide plan assets
- $32M 4.486160460282239% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 762 | $34M |
| 2023 | 1 | 665 | $34M |
| 2024 | 1 | 489 | $32M |
Nearby Other Plans in Pennsylvania
Peer Other plans, same state, same plan type, ranked by total assets.
- The University of Pennsylvania Matching Plan $7.0B · 22,110
- Upmc 403(b) Retirement Savings Plan $4.7B · 78,872
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan $3.6B · 43,405
- Carnegie Mellon University Faculty and Staff Retirement Plan $2.8B · 6,772
- Jefferson Defined Contribution Retirement Plan $2.8B · 17,497
Somerset Hospital 403(b) Plan's out-of-state Other peers by assets and headcount
Outside Pennsylvania, the nearest Other by assets is Lycee Francais De San Francisco 403(b) DC Plan in CA ($32M); by covered participants it is Freshworks Inc. 401(k) Plan in CA (489 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($32M here).
Similar participant headcount
Nearest other-state filings by covered participants (489 participants); asset peers above are excluded.
- Freshworks Inc. 401(k) Plan (CA) 489 · 0 off
- Freed-Hardeman University 403(b) Retirement Plan (TN) 489 · 0 off
- Employee Benefit Plan of Bridgeway Rehabilitation Services (NJ) 488 · 1 off
- Allosource Employees' Retirement Plan (CO) 488 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.