Money Purchase · DOL Form 5500 · 2023

Bd. of Trustees of Mass. Laborers Annuity Fund Money Purchase Plan

Data updated 2026-08-25

$2.2B
Total assets Very large vs avg
11,709
Participants Very large workforce
99th
Percentile by assets National rank
$184,749
Avg per participant Above avg balance/head
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Official DOL plan name: Massachusetts Laborers' Annuity Fund · Sponsored by Bd. of Trustees of Mass. Laborers Annuity Fund · Massachusetts · Construction

$2.2B in assets, 11,709 participants

Bd. of Trustees of Mass. Laborers Annuity Fund's Massachusetts Laborers' Annuity Fund reported $2.2B in total assets and 11,709 participants in its 2023 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.

  • #8,984 in Construction (9,030 peers)

Coverage in Massachusetts

Massachusetts Laborers' Annuity Fund covers 11,709 participants in Massachusetts, 18x the typical Massachusetts plan (state average ~659 per filing). Assets: $2.2B.

#8,984
in Construction (9,030 peers)
+10.6%
assets growth YoY
22×
vs typical plan assets (national mean)

Massachusetts Laborers' Annuity Fund's outsized position by total assets

Massachusetts Laborers' Annuity Fund vs every filed plan by assets

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

$2,163,224,805 Top 1% higher than 99% 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

Massachusetts Laborers' Annuity Fund's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Massachusetts Laborers' Annuity Fund is a mega filing (11,709 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Massachusetts Laborers' Annuity Fund reported net income rose from -$192M in the plan year 2022 filing to $199M in the plan year 2023 filing.
  • Massachusetts Laborers' Annuity Fund end-of-year assets rose from $2.0B in the plan year 2022 filing to $2.2B in the plan year 2023 filing.
  • Massachusetts Laborers' Annuity Fund reported participants rose from 11,530 in the plan year 2022 filing to 11,709 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 046553616 · Bd. of Trustees of Mass. Laborers Annuity Fund PY 2023 · Money Purchase

Massachusetts Laborers' Annuity Fund · $2.2B · 11,709 · 99th

  • EOY $2.2B
  • EOY 11,709
  • EOY 99th
  • EOY Money Purchase
  • EOY near Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan
  • EOY ind #8984

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 Construction retirement plans → · Plans in Massachusetts →

Massachusetts Laborers' Annuity Fund in the asset neighbourhood

International Brotherhood of Electrical Workers District No.9 Pension PlanInternational Brotherhood of…$2.3BUPS/Ipa Defined Contribution Money Purchase Pension PlanUPS/Ipa Defined Contribution…$2.2BMassachusetts Laborers' Annuity FundMassachusetts Laborers' Annu…$2.2BDirectors Guild of America-Producer Pension Plan Supplemental Benefit PlanDirectors Guild of America-P…$2.2BMcKinsey & Company, Inc. (Mppp) Money Purchase Pension PlanMcKinsey & Company, Inc. (Mp…$2.0B
End-of-year total assets ($B) among Massachusetts Laborers' Annuity Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$2.1B
Net Income$199M
Employer EIN046553616
Plan Effective Date1986-01-22
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd. of Trustees of Mass. Laborers Annuity Fund)

Sponsor-wide plan assets over time

All Bd. of Trustees of Mass. Laborers Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$2.3B 17.197465610796304% vs 2022
2024 filing year
$1.9B$2B$2.1B$2.2B$2.3B$2.4B 202220232024 $1.96B $2.29B ▲ +16.8%
Year Plans Participants Total Assets
2022 1 11,530 $2.0B
2023 1 11,709 $2.2B
2024 1 11,506 $2.3B

Nearby Money Purchase Plans in Massachusetts

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

Massachusetts Laborers' Annuity Fund vs. nearby Money Purchase plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 050001000015000 0.511.522.53 Total assets ($B) Participants Massachusetts Laborers' Annuity Fund, Total assets ($B): 2.163224805 · Participants: 11709Massachusetts Laborers' Annuity FundThe Mitre Corporation Qualified Retirement Plan, Total assets ($B): 2.564495046 · Participants: 12551The Mitre Corporation Qualified Retirement PlanRetirement Income Plan for Teaching Faculty of Harvard University, Total assets ($B): 2.165044645 · Participants: 2687Retirement Income Plan for Teaching Faculty of Harvard UniversityHarvard University Defined Contribution Retirement Plan, Total assets ($B): 1.763325967 · Participants: 13259Harvard University Defined Contribution Retirement PlanElectrical Workers Deferred Income Plan Local 103, I.B.E.W., Total assets ($B): 1.633331243 · Participants: 8337Electrical Workers Deferred Income Plan Local 103, I.B.E.W.Tufts University Basic Retirement Plan, Total assets ($B): 0.941800008 · Participants: 6037Tufts University Basic Retirement Plan
Massachusetts Laborers' Annuity Fund vs. nearby Money Purchase plans in Massachusetts, assets vs. participants

Scale composition for Massachusetts Laborers' Annuity Fund

Massachusetts Laborers' Annuity Fund reports $2.2B in end-of-year assets across 11,709 participants (0.018% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $184,749 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $199M.

This plan identity (EIN 046553616, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $2.3B (+17.2%) while covered participants moved from 11,530 to 11,506 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,530 $2.0B Open filing
2023 11,709 $2.2B This page
2024 · index core 11,506 $2.3B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Massachusetts Laborers' Annuity Fund's out-of-state Money Purchase peers by assets and headcount

Outside Massachusetts, the nearest Money Purchase by assets is Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan in CA ($2.2B); by covered participants it is Tiaa Retirement Plan in NY (12,501 participants). Same-state nearby plans are listed separately above.

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 Massachusetts Laborers' Annuity Fund assets move in 2023?
Massachusetts Laborers' Annuity Fund grew at a solid clip - up 10.6% during 2023, from $2.0B to $2.2B. Reported net income was $199M.
How have Bd. of Trustees of Mass. Laborers Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd. of Trustees of Mass. Laborers Annuity Fund's sponsor-wide assets grew 17.2%, from $2.0B to $2.3B.
Where does Massachusetts Laborers' Annuity Fund rank by assets among Form 5500 filers?
Massachusetts Laborers' Annuity Fund ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Money Purchase plans are similar in size to Massachusetts Laborers' Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan in CA ($2.2B, 23,168 participants).
Which Money Purchase plans cover a similar participant headcount to Massachusetts Laborers' Annuity Fund?
Among Money Purchase plans in other states, the closest by covered participants is Tiaa Retirement Plan in NY (12,501 participants, $5.3B in assets).