Defined Benefit (Pension) · DOL Form 5500 · 2022
Trustees of Massachusetts Service Employees' Pension Plan Pension Plan
Data updated 2026-08-11
- $248M
- Total assets
- 12,521
- Participants
- 96th
- Percentile by assets
- $19,817
- Avg per participant
Official DOL plan name: Massachusetts Service Employees Pension Plan · Sponsored by Trustees of Massachusetts Service Employees' Pension Plan · Massachusetts · Other Services
$248M in assets, 12,521 participants
Trustees of Massachusetts Service Employees' Pension Plan's Massachusetts Service Employees Pension Plan reported $248M in total assets and 12,521 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #8,319 in Other Services (8,398 peers)
Coverage in Massachusetts
Massachusetts Service Employees Pension Plan covers 12,521 participants in Massachusetts, 19x the typical Massachusetts plan (state average ~659 per filing). Assets: $248M.
- $248M
- total plan assets (2022 EOY)
- 12,521
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $19,817
- avg assets per participant
The plan reported a net loss of $24M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Massachusetts Service Employees Pension Plan reports 12,521 participants - 19x that state average ($248M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $269M |
|---|---|
| Net Assets (End of Year) | $244M |
| Net Income | -$24M |
| Employer EIN | 046344921 |
| Plan Effective Date | 1973-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Massachusetts Service Employees' Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 12,521 | $248M |
| 2023 | 1 | 12,718 | $276M |
| 2024 | 1 | 12,813 | $300M |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Massachusetts Service Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $9.1B · 55,495
- Liberty Mutual Retirement Benefit Plan $6.8B · 33,087
- Massachusetts Institute of Technology Basic Retirement Plan $5.3B · 11,835
- N. Atlantic States Carp. Pension Fund $4.8B · 17,323
- N. Atlantic States Carp. Guaranteed Annuity Fund $3.6B · 10,962
Scale composition for Massachusetts Service Employees Pension Plan
Massachusetts Service Employees Pension Plan reports $248M in end-of-year assets across 12,521 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $19,817 per participant (14% of the national average assets-per-participant) . Net income for plan year 2022 was -$24M.
This plan identity (EIN 046344921, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $248M to $300M (+21.0%) while covered participants moved from 12,521 to 12,813 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,521 | $248M | This page |
| 2023 | 12,718 | $276M | Open filing |
| 2024 · index core | 12,813 | $300M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Massachusetts Service Employees' Pension Fund (Defined Benefit (Pension), $300M, 12,813 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Massachusetts Service Employees Pension Plan by total assets, not by location.
- Mitsubishi Motors NA, Inc. - Manufacturing Div Pension Plan for Associates (TN) $248M · N/A
- Local 553 Pension Fund (NY) $248M · 355
- Benjamin Moore & Co. Retirement Income Plan (NJ) $248M · 446
- Hunt Consolidated, Inc. Fidelity Pension Plan (TX) $249M · 267
Frequently Asked Questions
How did Massachusetts Service Employees Pension Plan assets move in 2022? ▼
How have Trustees of Massachusetts Service Employees' Pension Plan plan assets changed over time? ▼
Where does Massachusetts Service Employees Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Massachusetts Service Employees Pension Plan? ▼
Next read for Massachusetts Service Employees Pension …
Filing takeaways
Ways to act on Massachusetts Service Employees Pension Plan's numbers.
- By total assets, Massachusetts Service Employees Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
- Trustees of Massachusetts Service Employees' Pension Plan's sponsor-wide assets have grown 21.0% since 2022 across 3 plan years on file. More Other Services plans