401(k) · DOL Form 5500 · 2024
Trustees of the Univ. of Penn 401(k) Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 39,758
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $27,924
- Avg per participant Low balance/head
Official DOL plan name: Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System · Sponsored by Trustees of the Univ. of Penn · Pennsylvania · Healthcare & Social Assistance
$1.1B in assets, 39,758 participants
Trustees of the Univ. of Penn's Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System reported $1.1B in total assets and 39,758 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.
- #16,698 in Healthcare & Social Assistance (16,916 peers)
Coverage in Pennsylvania
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System covers 39,758 participants in Pennsylvania, 48x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.1B.
- #16,698
- in Healthcare & Social Assistance (16,916 peers)
- +24.9%
- assets growth YoY
- 11×
- vs typical plan assets (national mean)
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System's outsized position by total assets
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,110,204,528 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
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System'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. Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System is a mega filing (39,758 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System end-of-year assets rose from $889M in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
- Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System reported net income fell from $233M in the plan year 2023 filing to $221M in the plan year 2024 filing.
- Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System reported participants rose from 38,179 in the plan year 2023 filing to 39,758 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 231352685 · Trustees of the Univ. of Penn PY 2024 · 401(k)
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System · $1.1B · 39,758 · 99th
- BOOK $1.1B
- VS-ST 39,758
- BOY 99th
- SCH 401(k)
- EBSA near Gaf LLC 401(k) Plan
- PART ind #16698
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 →
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $889M |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $221M |
| Employer EIN | 231352685 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the Univ. of Penn)
Sponsor-wide plan assets over time
All Trustees of the Univ. of Penn plans reported in each filing year
- Latest sponsor-wide plan assets
- $19.0B 27.12721195306361% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 8 | 129,893 | $14.9B |
| 2023 | 8 | 157,259 | $17.0B |
| 2024 | 8 | 162,824 | $19.0B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
- The Cigna Group 401(k) Plan $14.2B · 63,634
- The Vanguard Retirement and Savings Plan $11.1B · 18,066
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
- The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604
Scale composition for Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System reports $1.1B in end-of-year assets across 39,758 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.042% of 93,925,755 covered participants) - about $27,924 per participant (20% of the national average assets-per-participant) . Net income for plan year 2024 was $221M.
This plan identity (EIN 231352685, plan #039) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $656M to $1.1B (+69.1%) while covered participants moved from 34,360 to 39,758 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 34,360 | $656M | Open filing |
| 2023 | 38,179 | $889M | Open filing |
| 2024 · index core | 39,758 | $1.1B | This page |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- The University of Pennsylvania Matching Plan (Other, $7.0B, 22,110 participants)
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan (Other, $3.6B, 43,405 participants)
- University of Pennsylvania Health Sysytem Pension Plan (Defined Benefit (Pension), $2.8B, 7,714 participants)
- Supplemental Retirement Annuity Plan of the University of Pennsylvania (Other, $2.3B, 26,892 participants)
Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Gaf LLC 401(k) Plan in NJ ($1.1B); by covered participants it is Brinker International 401(k) Savings Plan in TX (39,821 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- Gaf LLC 401(k) Plan (NJ) $1.1B · 5,041
- Advance Auto Parts, Inc. 401(k) Plan (VA) $1.1B · 61,633
- Vizient 401(k) Savings Plan (TX) $1.1B · 4,733
- Kwik Trip Profit Sharing 401(k) Plan (WI) $1.1B · 26,983
Similar participant headcount
Nearest other-state filings by covered participants (39,758 participants); asset peers above are excluded.
- Brinker International 401(k) Savings Plan (TX) 39,821 · 63 off
- Ryder System, Inc. 401(k) Savings Plan (GA) 39,511 · 247 off
- Gardaworld Security Services U.S. 401(k) Plan (MO) 39,478 · 280 off
- Honeywell 401(k) Plan (NC) 39,468 · 290 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.