Pennsylvania › Health care and social assistance › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
Lehigh Valley Health Network, Inc. Retirement Plan
Sponsored by Lehigh Valley Health Network, Inc., Allentown, PA
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Lehigh Valley Health Network, Inc. of Allentown, Pennsylvania sponsors Lehigh Valley Health Network, Inc. Retirement Plan, a defined benefit pension plan. Its Form 5500 for the plan year ending 30 Jun 2025 shows 10,605 participants (2,783 active) and $1.13B in net assets.
Net assets came to $106,920 per participant, above the $87,623 median for defined benefit plans with 5,000 to 24,999 participants and well above the $62,049 median for defined benefit plans in health care and social assistance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 5 service provider organisations paid $5,000 or more, with reported compensation of $2.2M: $210 per participant, below the same-size median of $232. Administrative expenses charged to the plan were $3.3M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $352M in 2009 to $1.13B in 2024 (up 222%), and participants from 10,121 to 10,605 (up 5%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $106,920 | $87,623 | $62,049 | $86,221 |
| Employer contributions per active participant | — | $9,468 | $7,491 | $10,244 |
| Schedule C compensation per participant | $210 | $232 | $248 | $344 |
| Schedule C compensation, share of net assets | 0.20% | 0.30% | 0.39% | 0.42% |
| Administrative expenses per participant | $307 | $396 | $427 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 5,000 to 24,999 participants (651 plans), health care and social assistance (542) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 10,605 | $1.13B | $106,920 | — | — | $2.2M |
| 2023 | 10,803 | $1.13B | $104,842 | $0 | $0 | $2.3M |
| 2022 | 10,987 | $1.16B | $106,001 | $3.0M | — | $2.4M |
| 2021 | 11,135 | $1.20B | $107,451 | $28.7M | — | $3.5M |
| 2020 | 11,354 | $1.42B | $124,912 | $21.6M | — | $4.0M |
| 2019 | 11,500 | $1.23B | $106,540 | — | — | $3.6M |
| 2017 | 11,856 | $1.13B | $94,959 | $20.9M | — | $3.8M |
| 2016 | 9,678 | $956M | $98,738 | $31.7M | — | $2.5M |
| 2015 | 9,740 | $861M | $88,442 | $32.8M | — | $2.0M |
| 2014 | 9,796 | $796M | $81,296 | $38.0M | — | $2.5M |
| 2013 | 9,978 | $816M | $81,745 | $54.9M | — | $1.5M |
| 2012 | 10,063 | $659M | $65,515 | $56.8M | — | $1.3M |
| 2011 | 10,114 | $577M | $57,051 | $81.8M | — | $1.1M |
| 2010 | 10,113 | $460M | $45,493 | $51.6M | — | $905K |
| 2009 | 10,121 | $352M | $34,753 | $20.2M | — | $824K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$1,132,607,181
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions—
- Total income, including investment results$75,090,835
- Benefits paid$70,550,555
- Administrative expenses$3,260,207
- Total expenses$73,810,762
- Net income$1,280,073
- Net transfers$0
- Net assets, end of year$1,133,887,254
Participants
- Active participants2,783
- Retired or separated, receiving benefits5,163
- Retired or separated, entitled to future benefits2,214
- Total participants, end of year10,605
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Mercer | Actuarial; Plan Administrator; Consulting (pension) | $932,417 | $0 |
| Aon Investments | Investment management | $858,680 | $0 |
| Prudential Bank & Trust | Investment management | $275,523 | $0 |
| Northern Trust Company | Trustee (bank, trust company, or similar financial institution) | $138,729 | $0 |
| State Street Research & Management | Investment management | $17,097 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$1,262,590
- Investment advisory and management fees$1,151,300
- Actuarial fees$932,417
- Total administrative expenses$3,260,207
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$1.01B · 89.2%
- Partnership/joint venture interests$62.0M · 5.5%
- Real estate$52.0M · 4.6%
- Other investments$7.0M · 0.6%
- Cash (interest and non-interest bearing)$1.6M · 0.1%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmBaker Tilly US, LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $5,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related1IFrozen plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 622000: Hospitals.
Other plans of Lehigh Valley Health Network, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Lehigh Valley Health Network, Inc. 403(b) Savings Plan | 27,887 | $1.35B |
| Lehigh Valley Health Network, Inc. Defined Contribution Retirement Plan | 25,978 | $630M |
| Lehigh Valley Health Network, Inc. 401(k) Savings Plan | 3,596 | $199M |
| Lehigh Valley Health Network, Inc. Erisa 403(b) Plan | 2,082 | $6.7M |
| Pocono Health System Defined Contribution Plan | 1,435 | $43.4M |
| Northeastern Pennsylvania Health Corporation 401(a) Plan | 564 | $9.3M |
| Schuylkill Health System Defined Contribution Plan | 422 | $6.1M |
Similar plans in Pennsylvania
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity | Pension Fund for Hospital and Health Care Employees | 10,841 | $352M | $32,512 |
| The Wellspan Health System Merged Pension Plan | Wellspan Health | 7,634 | $984M | $128,957 |
| Main Line Health, Inc. Retirement Income Plan | Main Line Health, Inc. | 19,375 | $1.49B | $76,953 |
| PPG Industries, Inc. Retirement Plan F | PPG Industries, Inc. | 5,798 | $689M | $118,849 |
| University of Pennsylvania Health Sysytem Pension Plan | Trustees of the University of Pennsylvania | 23,429 | $2.84B | $121,311 |
| St. Lukes Health Network Pension Plan | ST Lukes University Health Network | 4,643 | $459M | $98,830 |
Defined benefit plans in health care and social assistance closest in size.
Questions and answers
How big is Lehigh Valley Health Network, Inc. Retirement Plan?
10,605 participants at the end of the plan year ending 30 Jun 2025, of whom 2,783 were active employees, with net assets of $1,133,887,254. Among defined benefit plans that places it in the 5,000 to 24,999 participants band, which held 651 plans in plan year 2024.
What does Lehigh Valley Health Network, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $2,222,446 in compensation to service provider organisations, $210 per participant or 0.20% of net assets. The same-size median among plans reporting any Schedule C compensation was $232 per participant. Administrative expenses on Schedule H were $3,260,207. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Lehigh Valley Health Network, Inc.. Recordkeeping or administration: Mercer. Investment advisory or management: Aon Investments, Prudential Bank & Trust and State Street Research & Management. Trustee or custodian: Northern Trust Company. The financial statements were audited by Baker Tilly US, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 10 Apr 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 22-2458317, plan 001, received 10 Apr 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.