Plan Snapshot
- Plan Sponsor: Upmc
- Sponsor EIN: 251423657
- Sponsor Address: USS TOWER, 56TH FL, 600 GRANT ST, PITTSBURGH, PA, 15219
- Plan Type: 403(b)
- Total Participants: 79,337
- Total Assets: $4.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 79,337 | $4.7B | $0 | $367.8M |
| 2023 | 72,264 | $4.2B | $0 | $346.6M |
| 2022 | 69,147 | $3.5B | $0 | $323.6M |
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 | $2,561,090 | — | $2,561,090 |
| ALIGHT FINANCIAL SOLUTIONS, LLC | RECORDKEEPER | $1,714,880 | — | $1,714,880 |
| BANK OF NEW YORK MELLON, N.A. | TRUSTEE | $206,117 | — | $206,117 |
| D.B. ROOT COMPANY, LLC | CONSULTING | $112,747 | — | $112,747 |
| ERNST & YOUNG, LLP | AUDITING | $73,056 | — | $73,056 |
| VANGUARD | RECORDKEEPING | $30,585 | — | $30,585 |
| COZEN O'CONNOR | LEGAL | $10,732 | — | $10,732 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT FINANCIAL ADVISORS, LLC — PARTICIPANT ADVISORY
- ALIGHT FINANCIAL 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: $4,709,207
- Estimated Expense Ratio: 0.100% 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 | $7,207,907 | $112,747 | $2,561,090 | $73,056 | — |
| 2023 | $2,399,000 | $112,800 | $354,551 | $67,882 | — |
| 2022 | $2,229,096 | $72,961 | $2,075,891 | — | $80,244 |