Defined Benefit (Pension) · DOL Form 5500 · 2023
Trustees of Massachusetts Service Employees' Pension Plan Pension Plan
Data updated 2026-08-11
- $276M
- Total assets
- 12,718
- Participants
- 96th
- Percentile by assets
- $21,707
- Avg per participant
Official DOL plan name: Massachusetts Service Employees Pension Plan · Sponsored by Trustees of Massachusetts Service Employees' Pension Plan · Massachusetts · Other Services
$276M in assets, 12,718 participants
Trustees of Massachusetts Service Employees' Pension Plan's Massachusetts Service Employees Pension Plan reported $276M in total assets and 12,718 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 127,072 plans)
- #7,776 in Other Services (7,857 peers)
Coverage in Massachusetts
Massachusetts Service Employees Pension Plan covers 12,718 participants in Massachusetts, 19x the typical Massachusetts plan (state average ~659 per filing). Assets: $276M.
- $276M
- total plan assets (2023 EOY)
- 12,718
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $21,707
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Massachusetts Service Employees Pension Plan reported net income rose from -$24M in the plan year 2022 filing to $28M in the plan year 2023 filing.
- Massachusetts Service Employees Pension Plan end-of-year assets rose from $248M in the plan year 2022 filing to $276M in the plan year 2023 filing.
- Massachusetts Service Employees Pension Plan reported participants rose from 12,521 in the plan year 2022 filing to 12,718 in the plan year 2023 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Massachusetts Service Employees Pension Plan reports 12,718 participants - 19x that state average ($276M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $248M |
|---|---|
| Net Assets (End of Year) | $273M |
| Net Income | $28M |
| Employer EIN | 046344921 |
| Plan Effective Date | 1973-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Massachusetts Service Employees' Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 12,521 | $248M |
| 2023 | 1 | 12,718 | $276M |
| 2024 | 1 | 12,813 | $300M |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Massachusetts Service Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $10.3B · 58,745
- New England Teamsters Pension Fund $9.1B · 21,786
- Liberty Mutual Retirement Benefit Plan $6.9B · 37,145
- Massachusetts Institute of Technology Basic Retirement Plan $5.4B · 11,888
- N. Atlantic States Carp. Pension Fund $5.0B · 17,166
Scale composition for Massachusetts Service Employees Pension Plan
Massachusetts Service Employees Pension Plan reports $276M in end-of-year assets across 12,718 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $21,707 per participant (16% of the national average assets-per-participant) . Net income for plan year 2023 was $28M.
This plan identity (EIN 046344921, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $248M to $300M (+21.0%) while covered participants moved from 12,521 to 12,813 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,521 | $248M | Open filing |
| 2023 | 12,718 | $276M | This page |
| 2024 · index core | 12,813 | $300M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Massachusetts Service Employees' Pension Fund (Defined Benefit (Pension), $300M, 12,813 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Massachusetts Service Employees Pension Plan by total assets, not by location.
- I.B.E.W. Local 456 Pension Plan (NJ) $276M · 766
- Akin Gump Strauss Hauer & Feld Partners' Retirement Plan (TX) $276M · 296
- Henkel of America Retirement Plan (CT) $276M · 436
- Pernod Ricard USA, LLC Employees' Retirement Plan (NY) $276M · 210
Frequently Asked Questions
How did Massachusetts Service Employees Pension Plan assets move in 2023? ▼
How have Trustees of Massachusetts Service Employees' Pension Plan plan assets changed over time? ▼
Where does Massachusetts Service Employees Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Massachusetts Service Employees Pension Plan? ▼
Next read for Massachusetts Service Employees Pension …
Filing takeaways
Ways to act on Massachusetts Service Employees Pension Plan's numbers.
- By total assets, Massachusetts Service Employees Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
- Trustees of Massachusetts Service Employees' Pension Plan's sponsor-wide assets have grown 21.0% since 2022 across 3 plan years on file. More Other Services plans