Defined Benefit (Pension) · DOL Form 5500 · 2024

Thomas Jefferson University Pension Plan

Data updated 2026-07-24

$2.1B
Total assets: 6,179
Participants: 99th
Percentile by assets: $336,808
Avg per participant

Official DOL plan name: Jefferson Defined Benefit Plan · Sponsored by Thomas Jefferson University · Pennsylvania · Healthcare & Social Assistance

$2.1B in assets, 6,179 participants

Thomas Jefferson University's Jefferson Defined Benefit Plan reported $2.1B in total assets and 6,179 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

Jefferson Defined Benefit Plan covers 6,179 participants in Pennsylvania, 7.5x the typical Pennsylvania plan (state average ~824 per filing). Assets: $2.1B.

$2.1B
total plan assets (2024 EOY): 6,179
covered participants: 99th
percentile by assets (of 116,472 plans): $336,808
avg assets per participant

The plan reported a net loss of $97M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Jefferson Defined Benefit Plan reported net income fell from $8M in the plan year 2023 filing to -$97M in the plan year 2024 filing.
Jefferson Defined Benefit Plan end-of-year assets rose from $1.6B in the plan year 2023 filing to $2.1B in the plan year 2024 filing.
Jefferson Defined Benefit Plan reported participants fell from 6,814 in the plan year 2023 filing to 6,179 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Healthcare & Social Assistance

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Jefferson Defined Benefit Plan reports 6,179 participants - 7.5x that state average ($2.1B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$1.6B
Net Assets (End of Year)	$2.1B
Net Income	-$97M
Employer EIN	231352651
Plan Effective Date	2018-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Thomas Jefferson University)

Total plan assets by year, all Thomas Jefferson University plans on file

Year	Plans	Participants	Total Assets
2022	2	21,557	$3.7B
2023	2	22,597	$4.1B
2024	2	23,676	$4.9B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Jefferson Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

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
Eastern Atlantic States Carpenters Pension Fund $5.0B · 12,421

Compare Jefferson Defined Benefit Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Jefferson Defined Benefit Plan by total assets, not by location.

Linde U.S. Pension Plan (CT) $2.1B · 6,738
Navy Federal Credit Union Employees' Retirement Plan (VA) $2.1B · 18,657
The Northwestern Mutual Life Insurance Company Agents Retirement Plan (WI) $2.1B · 7,653
Alaska Electrical Pension Plan (AK) $2.1B · 3,898

Frequently Asked Questions

How did Jefferson Defined Benefit Plan assets move in 2024? ▼

Jefferson Defined Benefit Plan grew sharply - up 27.5% during 2024, from $1.6B to $2.1B. Reported net income was -$97M.

How have Thomas Jefferson University plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Thomas Jefferson University's sponsor-wide assets grew 30.5%, from $3.7B to $4.9B.

Where does Jefferson Defined Benefit Plan rank by assets among Form 5500 filers? ▼

Jefferson Defined Benefit 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 Defined Benefit (Pension) plans are similar in size to Jefferson Defined Benefit Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Linde U.S. Pension Plan in CT ($2.1B, 6,738 participants).

Next read for Jefferson Defined Benefit Plan

Filing takeaways

Ways to act on Jefferson Defined Benefit Plan's numbers.

By total assets, Jefferson Defined Benefit Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
Thomas Jefferson University's sponsor-wide assets have grown 30.5% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

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 231352651.

Read our methodology - how this data is sourced, computed, and verified.

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