Other · DOL Form 5500 · 2023

The Fay School Retirement Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
143
Participants Small participant base
81st
Percentile by assets National rank
$245,371
Avg per participant Above avg balance/head
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Official DOL plan name: The Fay School Defined Contribution Retirement Plan · Sponsored by The Fay School · Massachusetts · Educational Services

$35M in assets, 143 participants

The Fay School's The Fay School Defined Contribution Retirement Plan reported $35M in total assets and 143 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #2,517 in Educational Services (3,735 peers)

Coverage in Massachusetts

The Fay School Defined Contribution Retirement Plan covers 143 participants in Massachusetts, about 22% of the average Massachusetts filer (state average ~659 per filing). Assets: $35M.

#2,517
in Educational Services (3,735 peers)
+16.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Fay School Defined Contribution Retirement Plan's outsized position by total assets

The Fay School Defined Contribution Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$35,088,058 Top 19% higher than 81% of 127,068 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 2023

The Fay School Defined Contribution Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Fay School Defined Contribution Retirement Plan sits mid-pack in the medium band (143 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Fay School Defined Contribution Retirement Plan reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • The Fay School Defined Contribution Retirement Plan end-of-year assets rose from $30M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • The Fay School Defined Contribution Retirement Plan reported participants rose from 135 in the plan year 2022 filing to 143 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 042103573 · The Fay School PY 2023 · Other

The Fay School Defined Contribution Retirement Plan · $35M · 143 · 81st

  • EBSA $35M
  • EBSA 143
  • EBSA 81st
  • EBSA Other
  • EBSA near National Institute of Aerospace Associates Defined Contribution and Tda Plan
  • EBSA ind #2517

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 Educational Services retirement plans → · Plans in Massachusetts →

The Fay School Defined Contribution Retirement Plan in the asset neighbourhood

National Institute of Aerospace Associates Defined Contribution and Tda PlanNational Institute of Aerosp…$35MThe Fay School Defined Contribution Retirement PlanThe Fay School Defined Contr…$35MExcelsior University Supplemental 403(b) PlanExcelsior University Supplem…$35MChildserve Employee Retirement PlanChildserve Employee Retireme…$35MEpiscopal School of Jacksonville Defined Contribution Retirement PlanEpiscopal School of Jacksonv…$35M
End-of-year total assets ($M) among The Fay School Defined Contribution Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$35M
Net Income$5M
Employer EIN042103573
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Fay School)

Sponsor-wide plan assets over time

All The Fay School plans reported in each filing year

Latest sponsor-wide plan assets
$40M 33.51066443247566% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $30.1M $40.2M ▲ +33.5%
Year Plans Participants Total Assets
2022 1 135 $30M
2023 1 143 $35M
2024 1 148 $40M

Nearby Other Plans in Massachusetts

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

The Fay School Defined Contribution Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -20246 Total assets ($B) Participants The Fay School Defined Contribution Retirement Plan, Total assets ($B): 0.035088058 · Participants: 143The Fay School Defined Contribution Retirement PlanThe Mitre Corporation Tax Sheltered Annuity Plan, Total assets ($B): 4.700618255 · Participants: 11980The Mitre Corporation Tax Sheltered Annuity PlanHarvard University Tax Deferred Annuity Plan, Total assets ($B): 3.76566072 · Participants: 21064Harvard University Tax Deferred Annuity PlanBoston University Retirement Plan, Total assets ($B): 2.758080647 · Participants: 8130Boston University Retirement PlanBeth Israel Deaconess Medical Center Voluntary 403(b) Plan, Total assets ($B): 2.396382678 · Participants: 13981Beth Israel Deaconess Medical Center Voluntary 403(b) PlanNortheastern University Retirement Plan, Total assets ($B): 2.333339945 · Participants: 8553Northeastern University Retirement Plan
The Fay School Defined Contribution Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants
Compare The Fay School Defined Contribution Retirement Plan side-by-side with 3 peers →

The Fay School Defined Contribution Retirement Plan's out-of-state Other peers by assets and headcount

Outside Massachusetts, the nearest Other by assets is National Institute of Aerospace Associates Defined Contribution and Tda Plan in VA ($35M); by covered participants it is North Carolina Wesleyan University Retirement Plan in NC (143 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (143 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Fay School Defined Contribution Retirement Plan assets move in 2023? ▼
The Fay School Defined Contribution Retirement Plan grew sharply - up 16.6% during 2023, from $30M to $35M. Reported net income was $5M.
How have The Fay School plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Fay School's sponsor-wide assets grew 33.5%, from $30M to $40M.
Where does The Fay School Defined Contribution Retirement Plan rank by assets among Form 5500 filers? ▼
The Fay School Defined Contribution Retirement Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to The Fay School Defined Contribution Retirement Plan? ▼
Among Other plans in other states, the closest by assets is National Institute of Aerospace Associates Defined Contribution and Tda Plan in VA ($35M, 220 participants).
Which Other plans cover a similar participant headcount to The Fay School Defined Contribution Retirement Plan? ▼
Among Other plans in other states, the closest by covered participants is North Carolina Wesleyan University Retirement Plan in NC (143 participants, $27M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042103573.

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.