Penn State Health 401(K) Savings Plan — Form 5500 plan (Penn State Health)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Penn State Health 401(K) Savings Plan is a benefit plan reported by Penn State Health under EIN 47-3769205 and plan number 001. The latest loaded filing year is 2023. The filing reports 23,175 participants and $2,572,018,199 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Penn State Health
- EIN
- 47-3769205
- Plan number
- 001
- Plan type
- 2
- Location
- Hershey, PA
- Latest filing year
- 2023
- Participants
- 23,175
- End-of-year plan assets
- $2,572,018,199
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 23,175 | H, C | 20240724120131NAL0012919297001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,572,018,199
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,572,018,199
- Net assets (BOY)
- $2,142,657,407
Income & contributions
- Employer contributions
- $78,887,207
- Participant contributions
- $106,384,652
- Total contributions
- $204,246,071
- Total income / additions
- $582,758,295
Expenses & distributions
- Benefits paid
- $152,175,988
- Administrative expenses
- $687,330
- Total expenses
- $153,397,503
- Net increase / (decrease)
- $429,360,792
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Investment Company | RECORDKEEPER | $682,057 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $272,661 | not reported in the loaded dataset | 2023 |
| Forvis, Llp | AUDITOR | $28,010 | not reported in the loaded dataset | 2023 |
| Tiaa-Cref | RECORDKEEPER | $8,214 | $0 | 2023 |
| Hanlon Investment Management Inc. | INVESTMENT ADVISOR | $7,904 | not reported in the loaded dataset | 2023 |
| Larson Financial Group LLC | INVESTMENT ADVISOR | $5,252 | not reported in the loaded dataset | 2023 |
| Fort Pitt Capital Group LLC | INVESTMENT ADVISOR | $4,537 | not reported in the loaded dataset | 2023 |
| Fisher Investments | INVESTMENT ADVISOR | $4,366 | not reported in the loaded dataset | 2023 |
| Signature Estate & Investment | INVESTMENT ADVISOR | $3,674 | not reported in the loaded dataset | 2023 |
| Apollon Wealth Management LLC | INVESTMENT ADVISOR | $2,730 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | BROKERAGE SERVICES | $0 | $2,541 | 2023 |
| Flexible Plan Investments Ltd | INVESTMENT ADVISOR | $1,403 | not reported in the loaded dataset | 2023 |
| Macro Advisors Inc | INVESTMENT ADVISOR | $519 | not reported in the loaded dataset | 2023 |
| Mcadam LLC | INVESTMENT ADVISOR | $486 | not reported in the loaded dataset | 2023 |
| Chacon Diaz & Di Virgilio Wealth | INVESTMENT ADVISOR | $22 | not reported in the loaded dataset | 2023 |
| Virtu Americas LLC | BROKER COMMISSION FEES | $8 | not reported in the loaded dataset | 2023 |
| Mischler Financial Group, Inc | BROKERAGE FEE | $3 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Penn State Health
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Hershey, PA
- Empower Annuity Investment Company — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Forvis, Llp — Schedule C compensation
- Tiaa-Cref — Schedule C compensation
- Hanlon Investment Management Inc. — Schedule C compensation
- Larson Financial Group LLC — Schedule C compensation
- Fort Pitt Capital Group LLC — Schedule C compensation
- Fisher Investments — Schedule C compensation
- Signature Estate & Investment — Schedule C compensation
- Apollon Wealth Management LLC — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation
- Flexible Plan Investments Ltd — Schedule C compensation
- Macro Advisors Inc — Schedule C compensation
- Mcadam LLC — Schedule C compensation
- Chacon Diaz & Di Virgilio Wealth — Schedule C compensation
- Virtu Americas LLC — Schedule C compensation
- Mischler Financial Group, Inc — Schedule C compensation