Defined Benefit (Pension) · DOL Form 5500 · 2023
Baystate Health, Inc. Pension Plan
Data updated 2026-08-11
- $791M
- Total assets
- 2,242
- Participants
- 98th
- Percentile by assets
- $352,742
- Avg per participant
Official DOL plan name: Baystate Health, Inc. Retirement Program · Sponsored by Baystate Health, Inc. · Massachusetts · Healthcare & Social Assistance
$791M in assets, 2,242 participants
Baystate Health, Inc.'s Baystate Health, Inc. Retirement Program reported $791M in total assets and 2,242 participants in its 2023 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.
- 98th percentile by assets (of 127,072 plans)
- #17,414 in Healthcare & Social Assistance (17,684 peers)
Coverage in Massachusetts
Baystate Health, Inc. Retirement Program covers 2,242 participants in Massachusetts, 3.4x the typical Massachusetts plan (state average ~659 per filing). Assets: $791M.
- $791M
- total plan assets (2023 EOY)
- 2,242
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $352,742
- avg assets per participant
The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Baystate Health, Inc. Retirement Program reported net income rose from -$191M in the plan year 2022 filing to -$12M in the plan year 2023 filing.
- Baystate Health, Inc. Retirement Program reported participants rose from 2,187 in the plan year 2022 filing to 2,242 in the plan year 2023 filing.
- Baystate Health, Inc. Retirement Program end-of-year assets fell from $795M in the plan year 2022 filing to $791M in the plan year 2023 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Baystate Health, Inc. Retirement Program reports 2,242 participants - 3.4x that state average ($791M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $795M |
|---|---|
| Net Assets (End of Year) | $774M |
| Net Income | -$12M |
| Employer EIN | 042105941 |
| Plan Effective Date | 1956-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Baystate Health, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 15,315 | $1.8B |
| 2023 | 2 | 15,393 | $2.0B |
| 2024 | 2 | 15,626 | $1.4B |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Baystate Health, Inc. Retirement Program 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Baystate Health, Inc. Retirement Program by total assets, not by location.
- Siemens Medical Solutions USA, Inc. Pension Plan (PA) $790M · 3,181
- Pacificorp Retirement Plan (OR) $789M · 1,136
- Fox Pension Plan (NY) $794M · 1,443
- Excellus Retirement Plan (NY) $787M · 2,138
Frequently Asked Questions
How did Baystate Health, Inc. Retirement Program assets move in 2023? ▼
How have Baystate Health, Inc. plan assets changed over time? ▼
Where does Baystate Health, Inc. Retirement Program rank by assets among Form 5500 filers? ▼
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Next read for Baystate Health, Inc. Retirement Program
Filing takeaways
Ways to act on Baystate Health, Inc. Retirement Program's numbers.
- By total assets, Baystate Health, Inc. Retirement Program 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
- Baystate Health, Inc.'s sponsor-wide assets have declined 20.5% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans