Defined Benefit (Pension) · DOL Form 5500 · 2022

Sun Life Financial U.S. Services Company, Inc. Pension Plan

Data updated 2026-08-25

$274M
Total assets Near avg plan size
346
Participants Below avg headcount
97th
Percentile by assets National rank
$792,157
Avg per participant High balance/head
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Official DOL plan name: Retirement Income Plan · Sponsored by Sun Life Financial U.S. Services Company, Inc. · Massachusetts · Finance & Insurance

$274M in assets, 346 participants

Sun Life Financial U.S. Services Company, Inc.'s Retirement Income Plan reported $274M in total assets and 346 participants in its 2022 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,708 in Finance & Insurance (9,261 peers)

Where Retirement Income Plan sits by assets

Retirement Income Plan sits in the top 5% of all filed plans by assets, $274M for 346 participants (~$792,157/participant), down 23.5% in 2022.

#8,708
in Finance & Insurance (9,261 peers)
-23.5%
assets change YoY
2.8×
vs typical plan assets (national mean)

The plan reported a net loss of $84M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Income Plan's outsized position by total assets

Retirement Income Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$274,086,244 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Retirement Income Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Income Plan sits mid-pack in the medium band (346 participants).

Published 5500 schedule card

Filing strip 263730703 · Sun Life Financial U.S. Services Company, Inc. PY 2022 · Defined Benefit (Pension)

Retirement Income Plan · $274M · 346 · 97th

  • EIN $274M
  • EIN 346
  • EIN 97th
  • EIN Defined Benefit (Pension)
  • EIN near I. B. E. W. Local 25 Pension Fund
  • EIN ind #8708

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Massachusetts →

Retirement Income Plan in the asset neighbourhood

I. B. E. W. Local 25 Pension FundI. B. E. W. Local 25 Pension…$275MRetirement Income Plan$274MEmployers & Operating Engineers Local 520 Pension FundEmployers & Operating Engine…$273MRetirement Income Plan of the National Board of Medical ExaminersRetirement Income Plan of th…$273MUnited Food & Commercial Workers Union - Employer Pension FundUnited Food & Commercial Wor…$273M
End-of-year total assets ($M) among Retirement Income Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$358M
Net Assets (End of Year)$274M
Net Income-$84M
Employer EIN263730703
Plan Effective Date1975-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sun Life Financial U.S. Services Company, Inc.)

Sponsor-wide plan assets over time

All Sun Life Financial U.S. Services Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.0B 31.7568497527177% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.54B $2.03B ▲ +31.8%
Year Plans Participants Total Assets
2022 2 3,893 $1.5B
2023 2 4,219 $1.8B
2024 2 6,306 $2.0B

Nearby Defined Benefit (Pension) Plans in Massachusetts

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246810 Total assets ($B) Participants Retirement Income Plan, Total assets ($B): 0.274086244 · Participants: 346Retirement Income PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 9.07532048 · Participants: 55495Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.756596242 · Participants: 33087Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.281152611 · Participants: 11835Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.758508912 · Participants: 17323N. Atlantic States Carp. Pension FundN. Atlantic States Carp. Guaranteed Annuity Fund, Total assets ($B): 3.594095954 · Participants: 10962N. Atlantic States Carp. Guaranteed Annuity Fund
Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Retirement Income Plan side-by-side with 3 peers →

Retirement Income Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is I. B. E. W. Local 25 Pension Fund in NY ($275M); by covered participants it is Imerys USA, Inc. Retirement Growth Account Plan in GA (346 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (346 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Retirement Income Plan assets move in 2022? ▼
Retirement Income Plan declined sharply - down 23.5% during 2022, from $358M to $274M. Reported net income was -$84M.
How have Sun Life Financial U.S. Services Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sun Life Financial U.S. Services Company, Inc.'s sponsor-wide assets grew 31.8%, from $1.5B to $2.0B.
Where does Retirement Income Plan rank by assets among Form 5500 filers? ▼
Retirement Income Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is I. B. E. W. Local 25 Pension Fund in NY ($275M, 1,794 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Imerys USA, Inc. Retirement Growth Account Plan in GA (346 participants, $97M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 263730703.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.