Penn State Health Tax Sheltered Annuity Program — 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 Tax Sheltered Annuity Program is a benefit plan reported by Penn State Health under EIN 47-3769205 and plan number 002. The latest loaded filing year is 2023. The filing reports 19,045 participants and $444,288,473 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
002
Plan type
2
Location
Hershey, PA
Latest filing year
2023
Participants
19,045
End-of-year plan assets
$444,288,473

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202319,045H, C20240724115950NAL0028243778001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$444,288,473
Total liabilities (EOY)
$0
Net assets (EOY)
$444,288,473
Net assets (BOY)
$372,847,406

Income & contributions

Employer contributions
$0
Participant contributions
$36,505,892
Total contributions
$36,977,426
Total income / additions
$101,829,112

Expenses & distributions

Benefits paid
$30,124,743
Administrative expenses
$247,605
Total expenses
$30,388,045
Net increase / (decrease)
$71,441,067

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Tiaa-Cref Investment ManagementRECORDKEEPER$128,293$02023
Empower Annuity Investment CompanyRECORDKEEPER$42,997$02023
Empower Advisory Group, LLCINVESTMENT MANAGMENT$31,016not reported in the loaded dataset2023
Forvis, LlpAUDITOR$22,950not reported in the loaded dataset2023
Hanlon Investment Management, Inc.INVESTMENT ADVISORY$5,196not reported in the loaded dataset2023
Variable Annuity Life Insurance Co.RECORDKEEPER$3,716$02023
Larson Financial GroupINVESTMENT ADVISORY$2,385not reported in the loaded dataset2023
Fort Pitt Capital Group, LLCINVESTMENT ADVISORY$2,211not reported in the loaded dataset2023
Signature Estate & InvestmentINVESTMENT ADVISORY$1,494not reported in the loaded dataset2023
Flexible Plan Investments,LtdINVESTMENT ADVISORY$1,017not reported in the loaded dataset2023
Charles Schwab & Co., Inc.BROKERAGE SERVICES$805not reported in the loaded dataset2023
Apollon Wealth Management, LLCINVESTMENT ADVISORY$746not reported in the loaded dataset2023

Related Form 5500 pages