Employer · plans filed under one EIN
Umass Memorial Health Care, Inc.
Worcester, MA · Health care and social assistance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Umass Memorial Health Care, Inc., based in Worcester, Massachusetts, sponsors 3 retirement plans with 100 or more participants: 2 defined contribution and 1 defined benefit. Together they reported 38,859 participant records and $3.36B in net assets.
The largest is Umass Memorial Health Care 401(k) Plan, a 401(k) plan with 17,359 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $76.3M and participant contributions $97.3M in the latest plan years; benefits paid were $237M. Schedule C compensation reported to service provider organisations totalled $4.5M.
Combined net assets moved from $329M in 2009 to $3.36B in 2024 (up 923%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Umass Memorial Health Care 401(k) Plan | 401(k) plan | 2024 | 17,359 | $1.43B | $82,116 | $2,203 | $815K |
| Umass Memorial Health Care Pension Plan | defined benefit pension plan | 2024 | 14,897 | $1.29B | $86,379 | $4,126 | $3.5M |
| Umass Memorial Health Care 403(b) Plan | 403(b) plan | 2024 | 6,603 | $650M | $98,389 | $311 | $224K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 3 | 38,859 | $3.36B | $76.3M | $97.3M |
| 2023 | 3 | 35,548 | $3.06B | $151M | $88.3M |
| 2022 | 3 | 33,547 | $2.51B | $66.8M | $78.0M |
| 2021 | 3 | 28,340 | $2.70B | $83.4M | $73.1M |
| 2020 | 3 | 27,267 | $2.71B | $87.1M | $68.8M |
| 2019 | 2 | 14,508 | $1.30B | $21.6M | $63.0M |
| 2018 | 2 | 13,991 | $1.04B | $20.6M | $59.5M |
| 2017 | 2 | 14,206 | $1.06B | $19.9M | $56.4M |
| 2016 | 2 | 12,942 | $861M | $14.2M | $52.7M |
| 2015 | 2 | 12,206 | $778M | $12.9M | $48.7M |
| 2014 | 2 | 12,446 | $743M | $13.1M | $47.1M |
| 2013 | 2 | 12,637 | $682M | $12.7M | $46.1M |
| 2012 | 1 | 2,069 | $151M | $0 | $18.5M |
| 2011 | 1 | 2,045 | $118M | $0 | $16.9M |
| 2010 | 2 | 12,419 | $415M | $11.0M | $39.4M |
| 2009 | 2 | 12,194 | $329M | $10.2M | $36.4M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Willis Towers Watson US LLC | Actuarial; Plan Administrator; Consulting (pension) | 1 | $1,335,808 |
| Fidelity Investments Institutional | Participant loan processing | 2 | $865,868 |
| Cambridge Associates LLC | Investment management | 1 | $600,000 |
| Boston Partners | Investment management | 1 | $316,053 |
| Silchester International Investors | Investment management | 1 | $290,728 |
| Acadian Asset Management | Investment management | 1 | $218,090 |
| The Bank of New York Mellon | Custodial (securities); Trustee (bank, trust company, or similar financial institution) | 1 | $215,386 |
| Pacific Investment Management | Investment management | 1 | $145,909 |
| Income Research & Management | Investment management | 1 | $133,472 |
| Fiducient Advisors | Investment advisory (plan) | 2 | $87,885 |
| Walter Scott & Partners Limited | Investment management | 1 | $86,086 |
| Strategic Advisors, Inc. | Investment advisory (plan) | 2 | $72,665 |
| Mellon Capital Management | Trustee (bank, trust company, or similar financial institution) | 1 | $59,648 |
| Marathon-London International Inves | Investment management | 1 | $33,591 |
| State Street Global Advisors | Investment management | 1 | $32,240 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Umass Memorial Health Care, Inc. have?
3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Umass Memorial Health Care 401(k) Plan, Umass Memorial Health Care Pension Plan and Umass Memorial Health Care 403(b) Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Umass Memorial Health Care, Inc. contribute to its plans?
$76,314,926 in employer contributions across these plans in their latest plan years, about $2,520 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Willis Towers Watson US LLC, Fidelity Investments Institutional, Cambridge Associates LLC and Boston Partners and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.