Defined Benefit (Pension) · DOL Form 5500 · 2022

State Street Corporation Pension Plan

Data updated 2026-08-06

$850M
Total assets
3,416
Participants
99th
Percentile by assets
$248,950
Avg per participant
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Official DOL plan name: State Street Retirement Plan · Sponsored by State Street Corporation · Massachusetts · Management of Enterprises

$850M in assets, 3,416 participants

State Street Corporation's State Street Retirement Plan reported $850M in total assets and 3,416 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.

  • 99th percentile by assets (of 139,258 plans)
  • #1,132 in Management of Enterprises (1,193 peers)

Coverage in Massachusetts

State Street Retirement Plan covers 3,416 participants in Massachusetts, 5.3x the typical Massachusetts plan (state average ~641 per filing). Assets: $850M.

$850M
total plan assets (2022 EOY)
3,416
covered participants
99th
percentile by assets (of 139,258 plans)
$248,950
avg assets per participant

The plan reported a net loss of $215M 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 641 participants across 3,941 plans. State Street Retirement Plan reports 3,416 participants - 5.3x that state average ($850M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$850M
Net Income-$215M
Employer EIN042456637
Plan Effective Date1946-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Street Corporation)

$5B$6B$7B$8B 202220232024 $5.67B $7.4B ▲ +30.5%
Total plan assets by year, all State Street Corporation plans on file
Year Plans Participants Total Assets
2022 2 15,837 $5.7B
2023 2 15,421 $6.6B
2024 2 15,853 $7.4B

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

State Street Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

State Street Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0200004000060000 0246810 Total assets ($B) Participants State Street Retirem…Consolidated Cash Ba…Liberty Mutual Retir…Massachusetts Instit…N. Atlantic States C…N. Atlantic States C…
State Street Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to State Street Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did State Street Retirement Plan assets move in 2022?
State Street Retirement Plan declined sharply - down 20.5% during 2022, from $1.1B to $850M. Reported net income was -$215M.
How have State Street Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), State Street Corporation's sponsor-wide assets grew 30.4%, from $5.7B to $7.4B.
Where does State Street Retirement Plan rank by assets among Form 5500 filers?
State Street Retirement Plan ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to State Street Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Operating Engineers Local 101 Pension Fund in MO ($852M, 2,881 participants).

Filing takeaways

Ways to act on State Street Retirement Plan's numbers.