Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Boston Mutual Life Insurance Co · Massachusetts · Finance & Insurance

What the 2023 filing shows

Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company holds $43M for 72 participants — about $597,900 per participant, down 23.5% over the 2022 plan year.

$43M
total plan assets (2022 EOY)
72
covered participants
$597,900
avg assets per participant
-23.5%
assets change YoY

The plan reported a net loss of $13M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$43M
Participants
72
Industry
Finance & Insurance

What the Filing Says About Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company

Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company is a Defined Benefit (Pension) retirement plan sponsored by Boston Mutual Life Insurance Co, headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $43M in total end-of-year assets and covers 72 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 041106240, and the plan has been effective since 1947-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $56M at the beginning of 2022 to $43M at year-end — a decline of 23.5%. Net assets (after liabilities) closed the year at $43M, with reported net income of $-13,222,554 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$56M
Total Assets (End of Year)$43M
Net Assets (End of Year)$43M
Net Income$-13,222,554
Plan TypeDefined Benefit (Pension)
Employer EIN041106240
Plan Effective Date1947-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boston Mutual Life Insurance Co)

Year Plans Participants Total Assets
2022 2 362 $115M
2023 2 388 $129M
2024 2 384 $144M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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Frequently Asked Questions

How much money is in the Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company?
As of the 2022 Form 5500 filing, Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company holds $43M in total assets with 72 participants. It is sponsored by Boston Mutual Life Insurance Co.
What type of plan is Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company?
Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company is a Defined Benefit (Pension) plan. It has been effective since 1947-04-01. The plan is filed with the U.S. Department of Labor under EIN 041106240.
Who sponsors the Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company?
Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company is sponsored by Boston Mutual Life Insurance Co, located in Massachusetts. The sponsor's EIN is 041106240 and the plan operates in the Finance & Insurance industry.
How did Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company perform in 2022?
Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company declined by 23.5% during 2022, moving from $56M to $43M in total assets. Net income was $-13,222,554.
Where can I find official filings for Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company?
Official Form 5500 filings for Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 041106240 or plan name at efast.dol.gov.
How does Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company compare to other plans?
You can compare Retirement Plan for the Benefit of Salaried and Other Employees of Boston Mutual Life Insurance Company against other Defined Benefit (Pension) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 041106240.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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