Plan Snapshot
- Plan Sponsor: Upmc
- Sponsor EIN: 251423657
- Sponsor Address: USS TOWER, 56TH FL, 600 GRANT ST, PITTSBURGH, PA, 15219
- Plan Type: 401(k)
- Total Participants: 98,498
- Total Assets: $4.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 98,498 | $4.9B | $195.3M | $157.1M |
| 2023 | 91,121 | $4.3B | $153.2M | $179.5M |
| 2022 | 87,260 | $3.5B | $141.1M | $172.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ALIGHT FINANCIAL ADVISORS, LLC | PARTICIPANT ADVISORY | $2,774,515 | — | $2,774,515 |
| ALIGHT SOLUTIONS, LLC | RECORDKEEPER | $1,857,786 | — | $1,857,786 |
| THE BNAK OF NEW YORK MELLON | TRUSTEE | $223,293 | — | $223,293 |
| D.B. ROOT COMPANY, LLC | CONSULTING | $122,142 | — | $122,142 |
| ERNST & YOUNG, LLP | AUDITING | $79,144 | — | $79,144 |
| COZEN O'CONNOR | LEGAL | $11,627 | — | $11,627 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT FINANCIAL ADVISORS, LLC — PARTICIPANT ADVISORY
- ALIGHT SOLUTIONS, LLC — RECORDKEEPER
- ERNST & YOUNG, LLP — AUDITING
- COZEN O'CONNOR — LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,068,507
- Estimated Expense Ratio: 0.103% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $4,772,150 | $122,142 | $2,478,158 | $79,144 | — |
| 2023 | $2,567,001 | $122,200 | $384,132 | $73,539 | — |
| 2022 | $2,385,584 | $122,200 | $2,176,452 | — | $86,932 |