401(k) · DOL Form 5500 · 2022

Massachusetts Financial Sevices Company 401(k) Plan

Data updated 2026-08-25

$442M
Total assets Above avg plan size
1,616
Participants Near avg headcount
98th
Percentile by assets National rank
$273,449
Avg per participant High balance/head
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Official DOL plan name: Mfsaving Retirement Plan · Sponsored by Massachusetts Financial Sevices Company · Massachusetts · Finance & Insurance

$442M in assets, 1,616 participants

Massachusetts Financial Sevices Company's Mfsaving Retirement Plan reported $442M in total assets and 1,616 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,870 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Mfsaving Retirement Plan covers 1,616 participants in Massachusetts, 2.5x the typical Massachusetts plan (state average ~659 per filing). Assets: $442M.

#8,870
in Finance & Insurance (9,261 peers)
-15.8%
assets change YoY
4.4×
vs typical plan assets (national mean)

The plan reported a net loss of $83M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mfsaving Retirement Plan's outsized position by total assets

Mfsaving Retirement Plan vs every filed plan by assets

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

$441,894,257 Top 2% higher than 98% 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

Mfsaving Retirement 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. Mfsaving Retirement Plan lands in the large band (1,616 participants).

EBSA filing schedule strip

Filing strip 042747644 · Massachusetts Financial Sevices Company PY 2022 · 401(k)

Mfsaving Retirement Plan · $442M · 1,616 · 98th

  • EOY $442M
  • 5500 1,616
  • ASSETS 98th
  • PCT 401(k)
  • EIN near Hensel Phelps Salary Retirement Plan
  • RANK ind #8870

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 →

Mfsaving Retirement Plan in the asset neighbourhood

Axalta Coating Systems, LLC Retirement Savings PlaAxalta Coating Systems, LLC …$443MEast West Bank Employees 401(k) Savings PlanEast West Bank Employees 401…$442MMfsaving Retirement Plan$442MHensel Phelps Salary Retirement PlanHensel Phelps Salary Retirem…$441MElectric Power Research Institute, Inc. 401(k) Plan 401(k) PlanElectric Power Research Inst…$441M
End-of-year total assets ($M) among Mfsaving Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$525M
Net Assets (End of Year)$442M
Net Income-$83M
Employer EIN042747644
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Massachusetts Financial Sevices Company)

Sponsor-wide plan assets over time

All Massachusetts Financial Sevices Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 28.633008315477177% vs 2022
2024 filing year
$1B$1.2B$1.4B$1.6B 202220232024 $1.17B $1.51B ▲ +29.1%
Year Plans Participants Total Assets
2022 2 3,256 $1.2B
2023 2 3,347 $1.3B
2024 2 3,434 $1.5B

Nearby 401(k) Plans in Massachusetts

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

Mfsaving Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -50510152025 Total assets ($B) Participants Mfsaving Retirement Plan, Total assets ($B): 0.441894257 · Participants: 1616Mfsaving Retirement 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
Mfsaving Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Mfsaving Retirement Plan side-by-side with 3 peers →

Mfsaving Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Hensel Phelps Salary Retirement Plan in CO ($441M); by covered participants it is Bobby Cox Companies, Inc. 401(k) Savings Plan in TX (1,616 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,616 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 Mfsaving Retirement Plan assets move in 2022? ▼
Mfsaving Retirement Plan declined sharply - down 15.8% during 2022, from $525M to $442M. Reported net income was -$83M.
How have Massachusetts Financial Sevices Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Massachusetts Financial Sevices Company's sponsor-wide assets grew 28.6%, from $1.2B to $1.5B.
Where does Mfsaving Retirement Plan rank by assets among Form 5500 filers? ▼
Mfsaving Retirement Plan ranks in the 98th 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 401(k) plans are similar in size to Mfsaving Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hensel Phelps Salary Retirement Plan in CO ($441M, 2,621 participants).
Which 401(k) plans cover a similar participant headcount to Mfsaving Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bobby Cox Companies, Inc. 401(k) Savings Plan in TX (1,616 participants, $17M 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 042747644.

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.