State · sponsors with a Pennsylvania filing address
Retirement plans in Pennsylvania
Form 5500 filings for plan years 2009 to 2025; medians for plan year 2024.
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. A plan is counted in the state of its sponsor's address, not where its participants live.
3,639 retirement plans based in Pennsylvania with 100 or more participants filed Form 5500 for plan year 2024 (3,258 defined contribution, 381 defined benefit). All Form 5500 pension filers in the group reported 7,168,475 participant records and $595.1B in net assets.
The median defined contribution plan held $57,379 per participant, above the national median of $53,031, and its employer put in $2,135 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $129 per participant against $123 nationally.
Employers contributed $15.8B and participants $18.1B during the year, and the plans paid out $55.4B in benefits.
In 2009 the same group numbered 4,438 plans with $234.8B; by 2024 it was 3,639 plans (down 18%) and $595.1B (up 153%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Beyond the full-form filers, 28,151 small plans based in Pennsylvania filed the short Form 5500-SF for 2024, with 800,499 participants and $54.6B in net assets. Small plans are counted here and nowhere else on this site.
Medians compared with all US plans
| Median plan, plan year 2024 | PA: DC | US: DC | PA: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $57,379 | $53,031 | $80,256 | $86,234 |
| Employer contributions per active participant | $2,135 | $2,174 | $11,111 | $10,244 |
| Schedule C compensation per participant | $129 | $123 | $338 | $344 |
| Schedule C compensation, share of net assets | 0.25% | 0.26% | 0.46% | 0.42% |
| Administrative expenses per participant | $123 | $116 | $558 | $527 |
Medians across plans with 100 or more participants (3,137 DC and 380 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $28,848 | $57,379 | $105,808 | 3,137 |
| Employer contributions per active participant | $1,070 | $2,135 | $4,001 | 3,016 |
| Schedule C compensation per participant | $56.74 | $129 | $238 | 2,892 |
| Administrative expenses per participant | $47.68 | $123 | $230 | 3,029 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 430 | 615,070 | $79.2B | $1.82B | $2.77B | $86,232 | $149 |
| 2024 | 3,639 | 7,168,475 | $595.1B | $15.8B | $18.1B | $57,379 | $129 |
| 2023 | 3,695 | 7,374,268 | $552.2B | $14.7B | $17.1B | $51,606 | $112 |
| 2022 | 4,133 | 7,033,674 | $487.4B | $14.2B | $15.7B | $39,889 | $104 |
| 2021 | 4,137 | 6,834,505 | $563.3B | $13.2B | $14.5B | $48,188 | $110 |
| 2020 | 4,170 | 6,769,948 | $529.3B | $13.7B | $13.3B | $45,473 | $94.98 |
| 2019 | 4,173 | 6,724,155 | $469.1B | $13.4B | $12.8B | $39,717 | $87.37 |
| 2018 | 4,110 | 6,585,967 | $401.2B | $12.0B | $11.6B | $34,566 | $75.78 |
| 2017 | 4,092 | 6,495,008 | $420.4B | $13.6B | $10.6B | $36,942 | $65.10 |
| 2016 | 4,133 | 6,537,220 | $376.8B | $13.1B | $10.1B | $32,706 | $55.37 |
| 2015 | 4,142 | 6,561,899 | $351.5B | $12.0B | $9.44B | $31,408 | $49.54 |
| 2014 | 4,147 | 6,457,254 | $352.5B | $11.1B | $8.77B | $32,106 | $45.48 |
| 2013 | 4,163 | 6,519,785 | $340.0B | $11.1B | $8.34B | $31,287 | $36.86 |
| 2012 | 4,201 | 6,568,557 | $302.0B | $11.5B | $7.85B | $27,589 | $36.52 |
| 2011 | 4,238 | 6,489,842 | $272.6B | $12.1B | $7.43B | $25,247 | $34.97 |
| 2010 | 4,350 | 6,483,015 | $266.9B | $11.2B | $6.99B | $25,363 | $33.14 |
| 2009 | 4,438 | 6,508,912 | $234.8B | $10.3B | $6.82B | $22,069 | $28.35 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 3,630 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 60 largest by participants of 3,630 plans with a page on this site.
| Plan | Sponsor | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|
| Teamsters-National 401(k) Savings Plan | Board of Trustees of the Teamsters- National 401(k) Savings Plan Trust | DC | 164,679 | $1.48B | $8,958 | $168 | $16.45 |
| Comcast Corporation Retirement - Investment Plan | Comcast Corporation | DC | 124,285 | $19.7B | $158,410 | $6,794 | $71.30 |
| Steelworkers Pension Trust | Steelworkers Pension Trust | DB | 123,674 | $7.18B | $58,059 | $6,786 | $319 |
| The PNC Financial Services Group, Inc. Pension Plan | The PNC Financial Services Group, Inc. | DB | 115,646 | $5.53B | $47,784 | — | $184 |
| Upmc 401(a) Retirement Savings Plan | Upmc | DC | 112,002 | $4.90B | $43,775 | $1,983 | $45.25 |
| Upmc Basic Retirement Plan | Upmc | DB | 100,852 | $3.01B | $29,837 | $1,660 | $34.58 |
| Aramark Hourly 401(k) Plan | Aramark Services, Inc. Retirement Benefits | DC | 96,767 | $252M | $2,601 | $56 | $8.01 |
| Upmc 403(b) Retirement Savings Plan | Upmc | DC | 93,730 | $4.73B | $50,450 | — | $50.24 |
| The Cigna Group 401(k) Plan | The Cigna Group | DC | 91,385 | $14.1B | $154,730 | $4,486 | $25.13 |
| Universal Health Services, Inc. Retirement Savings Plan | Universal Health Services, Inc. | DC | 80,921 | $3.67B | $45,336 | $1,223 | $28.96 |
| The PNC Financial Services Group, Inc. Incentive Savings Plan | The PNC Financial Services Group, Inc. | DC | 75,644 | $10.2B | $134,705 | $3,334 | $105 |
| Thermo Fisher Scientific Inc. 401(k) Retirement Plan | Thermo Fisher Scientific Inc. | DC | 70,443 | $11.7B | $165,850 | $5,575 | $31.93 |
| Select Medical Corporation 401(k) Plan | Select Medical Corporation | DC | 58,404 | $2.84B | $48,622 | $670 | $39.57 |
| Dick's Sporting Goods, Inc. Smart Savings 401(k) Plan | Dick's Sporting Goods, Inc. | DC | 58,305 | $884M | $15,157 | $686 | $12.07 |
| The University of Pennsylvania Health System 403(b) Retirement Savings Plan | Trustees of the Univ. of Penn | DC | 56,762 | $3.55B | $62,582 | — | $41.54 |
| National Elevator Industry Pension Plan | National Elevator Industry Pension Plan Plan Board of Trustees | DB | 54,107 | $11.7B | $216,919 | $20,255 | $508 |
| The Bank of New York Mellon Corporation Pension Plan | The Bank of New York Mellon | DB | 54,048 | $5.18B | $95,816 | — | $264 |
| Cigna Pension Plan | Cigna Holding Company | DB | 51,700 | $3.84B | $74,319 | — | $166 |
| Oak View Group 401(k) Plan | Oak View Group, LLC | DC | 50,766 | $176M | $3,469 | $184 | $10.37 |
| Wawa, Inc. Employee Stock Ownership Plan | Wawa, Inc. | DC | 49,990 | $5.36B | $107,200 | — | $32.79 |
| Retirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health System | Trustees of the Univ. of Penn | DC | 47,760 | $1.11B | $23,245 | $3,476 | $8.73 |
| National Integrated Group Pension Plan | Board of Trustees of National Integrated Group Pension Plan | DB | 46,326 | $1.59B | $34,393 | $4,186 | $124 |
| The Bank of New York Mellon Corporation 401(k) Savings Plan | The Bank of New York Mellon Corporation | DC | 42,007 | $9.91B | $235,818 | $7,498 | $34.10 |
| The Giant Company 401(k) Plan | The Giant Company LLC | DC | 41,115 | $992M | $24,116 | $620 | $15.86 |
| Eastern Atlantic States Carpenters Pension Fund | Board of Trustees Eastern Atlantic States Carpenters Pension Fund | DB | 39,234 | $4.55B | $115,894 | $18,052 | $281 |
| University of Pennsylvania Basic Plan | Trustees of the University of PA | DC | 38,449 | $2.00B | $51,904 | $5,153 | $13.38 |
| Elevator Constructors Annuity and 401(k) Retirement Plan | BD of Trustees of the Elev Constu Annuity and 401(k) Ret Plan | DC | 37,105 | $7.29B | $196,467 | $16,604 | $80.76 |
| Glaxosmithkline Cash Balance Pension Plan | Glaxosmithkline LLC | DB | 35,701 | $2.90B | $81,255 | $18,425 | $181 |
| The University of Pennsylvania Matching Plan | Trustees of the University of PA | DC | 35,700 | $6.99B | $195,708 | $4,657 | $13.86 |
| Penske Cash Balance Benefit Plan | Penske Truck Leasing Co., L.P. | DB | 35,611 | $667M | $18,737 | — | $142 |
| Eastern Atlantic States Carpenters Annuity Fund | Board of Trustees Eastern Atlantic States Carpenters Annuity Fund | DC | 34,950 | $2.17B | $62,194 | $7,591 | $92.69 |
| Highmark Retirement Plan | Highmark Health | DB | 34,883 | $2.99B | $85,847 | — | $242 |
| Supplemental Retirement Annuity Plan of the University of Pennsylvania | Trustees of the University of PA | DC | 34,247 | $2.26B | $66,015 | — | $5.77 |
| Geisinger System Services 401(k) Savings Plan | Geisinger System Services | DC | 32,497 | $2.96B | $91,131 | $4,482 | $28.89 |
| The Children's Hospital of Philadelphia Retirement Savings Plan | The Children's Hospital of Philadelphia | DC | 32,162 | $2.50B | $77,668 | $1,980 | $35.93 |
| Jefferson Defined Contribution Retirement Plan | Thomas Jefferson University | DC | 31,847 | $2.79B | $87,684 | $3,637 | $35.97 |
| The Rite Aid 401(k) Plan | Rite Aid Corporation | DC | 30,990 | $3.21B | $103,445 | $1,828 | $52.36 |
| Allegheny Health Network 401(k) Plan | Allegheny Health Network | DC | 30,839 | $1.44B | $46,750 | $3,838 | $56.94 |
| UFCW Union & Partcipating Food Industry Employers Tri-State Pension Fund | UFCW Union & Participating Food Industry Employers Tri-State Pension F | DB | 29,592 | $869M | $29,370 | $1,686 | $90.26 |
| Genesis Administrative Services 401(k) Plan #1 | Genesis Administrative Services LLC | DC | 29,049 | $981M | $33,785 | $29 | $30.82 |
| Rentokil Initial USA 401(k) Plan | Rentokil North America, Inc. | DC | 28,927 | $1.31B | $45,288 | $1,660 | $67.61 |
| Penn Entertainment, Inc. 401(k) Plan | Penn Entertainment, Inc. | DC | 28,522 | $694M | $24,331 | $886 | $39.44 |
| Kraft Heinz Retirement Plan | Kraft Heinz Foods Company | DB | 28,131 | $2.99B | $106,176 | — | — |
| Lehigh Valley Health Network, Inc. 403(b) Savings Plan | Lehigh Valley Health Network, Inc. | DC | 27,887 | $1.35B | $48,408 | $1,228 | $84.49 |
| Wellspan 403(b) Retirement Savings Plan | Wellspan Health | DC | 27,878 | $2.64B | $94,780 | $4,390 | $67.97 |
| Geisinger System Services Tax Sheltered Annuity Program | Geisinger System Services | DC | 27,871 | $1.05B | $37,684 | — | $1.64 |
| Aramark Retirement Savings Plan for Salaried Employees | Aramark Retirement Savings Plan for Salaried Employees | DC | 27,719 | $1.43B | $51,647 | $754 | $27.92 |
| Urban Outfitters, Inc. 401(k) Savings Plan | Urban Outfitters, Inc. | DC | 27,598 | $513M | $18,597 | $415 | $20.98 |
| The Vanguard Retirement and Savings Plan | The Vanguard Group, Inc. | DC | 26,679 | $11.1B | $415,489 | $17,800 | — |
| Lehigh Valley Health Network, Inc. Defined Contribution Retirement Plan | Lehigh Valley Health Network, Inc. | DC | 25,978 | $630M | $24,240 | $3,352 | $53.94 |
| Wawa, Inc. 401(k) Plan | Wawa, Inc. | DC | 25,954 | $1.12B | $43,230 | $1,574 | $76.11 |
| Central Pennsylvania Teamsters Defined Benefit Plan | Central Pennsylvania Teamsters Pension Fund, Trustees | DB | 25,602 | $1.49B | $58,095 | $18,476 | $187 |
| The Children's Hospital of Philadelphia Funded Retirement Savings Plan | The Children's Hospital of Philadelphia | DC | 25,422 | $390M | $15,327 | $3,419 | $8.85 |
| Sap America, Inc. 401(k) Plan | Sap America, Inc. | DC | 25,294 | $9.22B | $364,554 | $7,025 | $184 |
| Jefferson Defined Benefit Plan | Thomas Jefferson University | DB | 25,167 | $2.08B | $82,681 | $3,367 | $219 |
| St. Luke's Health Network 403(b) Plan | St. Luke's Health Network, Inc. | DC | 24,937 | $810M | $32,491 | — | $35.72 |
| St. Luke's Health Network Defined Contribution Plan | St. Luke's Health Network, Inc. | DC | 24,019 | $423M | $17,611 | $3,553 | $27.58 |
| Vegetation and Utility Services Employees 401(k) Savings Plan | Asplundh Tree Expert, LLC | DC | 23,914 | $323M | $13,523 | $400 | $18.64 |
| University of Pennsylvania Health Sysytem Pension Plan | Trustees of the University of Pennsylvania | DB | 23,429 | $2.84B | $121,311 | $5,063 | — |
| United States Steel Corporation Plan for Employee Pension Benefits (Revision of 2003) | United States Steel Corporation and Affiliated Cos. | DB | 23,108 | $3.91B | $169,042 | — | $109 |
By plan size
By industry
By plan year
Questions and answers
How many retirement plans are there in Pennsylvania?
3,639 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 5,669 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in Pennsylvania?
The median defined contribution plan reported $57,379 in net assets per participant (middle half of plans: $28,848 to $105,808); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in Pennsylvania?
The median defined contribution plan received $2,135 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in Pennsylvania?
Among defined contribution plans that report any Schedule C compensation, the median was $129 per participant and 0.25% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 and Form 5500-SF research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.