Penn State Health 401(k) Plan: Login, Facts & Contact Information
Penn State Health 401(k) Login
Retirement plan providers can change. This information is from the plan's 2024 filing.
Penn State Health 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 29, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $220.2 million went into the plan in contributions, $84.7 million of it from the employer (39%).
- $204.2 million was paid out to participants.
- Investment and other income added $338.6 million.
- Administrative expenses were $751,094, about $35 per account.
How the Penn State Health 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 15,404 | $1.65 billion | $47.7 million | $88.1 million |
| 2020 | 15,928 | $1.97 billion | $57.9 million | $93.4 million |
| 2021 | 23,618 | $2.50 billion | $68.8 million | $133.1 million |
| 2022 | 26,173 | $2.14 billion | $72.3 million | $142.5 million |
| 2023 | 23,175 | $2.57 billion | $78.9 million | $152.2 million |
| 2024 | 22,540 | $2.93 billion | $84.7 million | $204.2 million |
Penn State Health 401(k) Contact Information
Questions about the Penn State Health 401(k)
Does Penn State Health contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $84.7 million, 39% of all contributions.
Does the Penn State Health 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Penn State Health 401(k) plan?
22,540 participants at the start of plan year 2024, 15,720 of them active employees.
What is the average 401(k) balance at Penn State Health?
About $134,491 per account: $2.93 billion in plan assets across 21,753 accounts with a balance at the end of plan year 2024.
Who manages the Penn State Health 401(k) accounts?
Empower (listed on the filing as EMPOWER ANNUITY INVESTMENT COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Penn State Health. How do I access my 401(k)?
Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.