401(k) · DOL Form 5500 · 2022

Sun Life Financial U.S. Services Company, Inc. 401(k) Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
3,547
Participants Above avg headcount
99th
Percentile by assets National rank
$357,290
Avg per participant High balance/head
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Official DOL plan name: Sun Advantage Savings and Investment Plan · Sponsored by Sun Life Financial U.S. Services Company, Inc. · Massachusetts · Finance & Insurance

$1.3B in assets, 3,547 participants

Sun Life Financial U.S. Services Company, Inc.'s Sun Advantage Savings and Investment Plan reported $1.3B in total assets and 3,547 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #9,100 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Sun Advantage Savings and Investment Plan covers 3,547 participants in Massachusetts, 5.4x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.3B.

#9,100
in Finance & Insurance (9,261 peers)
-5.3%
assets change YoY
13×
vs typical plan assets (national mean)

The plan reported a net loss of $233M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sun Advantage Savings and Investment Plan's outsized position by total assets

Sun Advantage Savings and Investment Plan vs every filed plan by assets

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

$1,267,305,896 Top 1% higher than 99% 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

Sun Advantage Savings and Investment Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sun Advantage Savings and Investment Plan lands in the large band (3,547 participants).

DOL schedule card

Filing strip 263730703 · Sun Life Financial U.S. Services Company, Inc. PY 2022 · 401(k)

Sun Advantage Savings and Investment Plan · $1.3B · 3,547 · 99th

  • EOY $1.3B
  • 5500 3,547
  • ASSETS 99th
  • PCT 401(k)
  • EIN near The Lubrizol Corporation Employees' Profit Sharing and Savings Plan
  • RANK ind #9100

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 →

Sun Advantage Savings and Investment Plan in the asset neighbourhood

Sun Advantage Savings and Investment PlanSun Advantage Savings and In…$1.3BThe Lubrizol Corporation Employees' Profit Sharing and Savings PlanThe Lubrizol Corporation Emp…$1.3BTeamhealth 401(k) Plan$1.3BSwiss Re Group U.S. Employees' Savings PlanSwiss Re Group U.S. Employee…$1.3BGlobal Medical Response, Inc. 401(k) PlanGlobal Medical Response, Inc…$1.3B
End-of-year total assets ($B) among Sun Advantage Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.3B
Net Income-$233M
Employer EIN263730703
Plan Effective Date1986-04-01
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 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sun Advantage Savings and Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0200004000060000 0510152025 Total assets ($B) Participants Sun Advantage Savings and Investment Plan, Total assets ($B): 1.267305896 · Participants: 3547Sun Advantage Savings and Investment PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Sun Advantage Savings and Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Sun Advantage Savings and Investment Plan side-by-side with 3 peers →

Sun Advantage Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is The Lubrizol Corporation Employees' Profit Sharing and Savings Plan in OH ($1.3B); by covered participants it is Service Experts LLC 401(k) Plan in TX (3,546 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,547 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 Sun Advantage Savings and Investment Plan assets move in 2022? ▼
Sun Advantage Savings and Investment Plan pulled back noticeably - down 5.3% during 2022, from $1.3B to $1.3B. Reported net income was -$233M.
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 Sun Advantage Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Sun Advantage Savings and Investment Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Sun Advantage Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Lubrizol Corporation Employees' Profit Sharing and Savings Plan in OH ($1.3B, 4,387 participants).
Which 401(k) plans cover a similar participant headcount to Sun Advantage Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Service Experts LLC 401(k) Plan in TX (3,546 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.