Defined Benefit (Pension) · DOL Form 5500 · 2024
Wellspan Health Pension Plan
Data updated 2026-08-11
- $984M
- Total assets
- 3,265
- Participants
- 98th
- Percentile by assets
- $301,518
- Avg per participant
Official DOL plan name: The Wellspan Health System Merged Pension Plan · Sponsored by Wellspan Health · Pennsylvania · Healthcare & Social Assistance
$984M in assets, 3,265 participants
Wellspan Health's The Wellspan Health System Merged Pension Plan reported $984M in total assets and 3,265 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 123,622 plans)
- #16,672 in Healthcare & Social Assistance (16,916 peers)
Coverage in Pennsylvania
The Wellspan Health System Merged Pension Plan covers 3,265 participants in Pennsylvania, 4.0x the typical Pennsylvania plan (state average ~822 per filing). Assets: $984M.
- $984M
- total plan assets (2024 EOY)
- 3,265
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $301,518
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Wellspan Health System Merged Pension Plan reported net income rose from -$49M in the plan year 2023 filing to $13M in the plan year 2024 filing.
- The Wellspan Health System Merged Pension Plan reported participants fell from 3,568 in the plan year 2023 filing to 3,265 in the plan year 2024 filing.
- The Wellspan Health System Merged Pension Plan end-of-year assets rose from $971M in the plan year 2023 filing to $984M in the plan year 2024 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. The Wellspan Health System Merged Pension Plan reports 3,265 participants - 4.0x that state average ($984M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $971M |
|---|---|
| Net Assets (End of Year) | $984M |
| Net Income | $13M |
| Employer EIN | 230465970 |
| Plan Effective Date | 1965-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wellspan Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,027 | $1.2B |
| 2023 | 2 | 4,665 | $1.2B |
| 2024 | 2 | 4,396 | $1.2B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
The Wellspan Health System Merged Pension Plan 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 The Wellspan Health System Merged Pension Plan by total assets, not by location.
- The New York Times Companies Pension Plan (NY) $985M · 1,137
- Oregon Retail Employees Pension Plan (OR) $983M · 18,733
- Lockheed Martin Corporation Pension Plan for Specified Retirees (MD) $989M · N/A
- Ncr Pension Plan (GA) $992M · 769
Frequently Asked Questions
How did The Wellspan Health System Merged Pension Plan assets move in 2024? ▼
How have Wellspan Health plan assets changed over time? ▼
Where does The Wellspan Health System Merged Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to The Wellspan Health System Merged Pension Plan? ▼
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Filing takeaways
Ways to act on The Wellspan Health System Merged Pension Plan's numbers.
- By total assets, The Wellspan Health System Merged Pension Plan 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
- Wellspan Health's sponsor-wide assets have declined 1.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans