Other · DOL Form 5500 · 2022

Trustees of Phillips Academy Retirement Plan

Data updated 2026-08-11

$281M
Total assets
683
Participants
97th
Percentile by assets
$411,161
Avg per participant
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Official DOL plan name: Phillips Academy Retirement Plan · Sponsored by Trustees of Phillips Academy · Massachusetts · Educational Services

$281M in assets, 683 participants

Trustees of Phillips Academy's Phillips Academy Retirement Plan reported $281M in total assets and 683 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #3,805 in Educational Services (4,024 peers)

Where Phillips Academy Retirement Plan sits by assets

Phillips Academy Retirement Plan sits in the top 5% of all filed plans by assets, $281M for 683 participants (~$411,161/participant), down 12.6% in 2022.

$281M
total plan assets (2022 EOY)
683
covered participants
97th
percentile by assets (of 139,126 plans)
$411,161
avg assets per participant

The plan reported a net loss of $40M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Phillips Academy Retirement Plan vs the 2022 asset distribution

By assets, Phillips Academy Retirement Plan outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$321M
Net Assets (End of Year)$281M
Net Income-$40M
Employer EIN042103579
Plan Effective Date1974-08-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Phillips Academy)

$250M$300M$350M$400M 202220232024 $281M $349M ▲ +24.3%
Total plan assets by year, all Trustees of Phillips Academy plans on file
Year Plans Participants Total Assets
2022 1 683 $281M
2023 1 723 $323M
2024 1 756 $349M

Nearby Other Plans in Massachusetts

Peer Other plans, same state, same plan type, ranked by total assets.

Phillips Academy Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants

Phillips Academy Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 012345 Total assets ($B) Participants Phillips Academy Ret…The Mitre Corporatio…Harvard University T…Boston University Re…Northeastern Univers…Boston University Su…
Phillips Academy Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Phillips Academy Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Phillips Academy Retirement Plan assets move in 2022?
Phillips Academy Retirement Plan pulled back noticeably - down 12.6% during 2022, from $321M to $281M. Reported net income was -$40M.
How have Trustees of Phillips Academy plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Phillips Academy's sponsor-wide assets grew 24.3%, from $281M to $349M.
Where does Phillips Academy Retirement Plan rank by assets among Form 5500 filers?
Phillips Academy Retirement Plan ranks in the 97th 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 Other plans are similar in size to Phillips Academy Retirement Plan?
Among Other plans in other states, the closest by assets is Marist College Defined Contribution Retirement Plan in NY ($281M, 842 participants).

Scale reading

Ways to act on Phillips Academy Retirement Plan's numbers.