Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

Retirement Plan for Employees of Teradyne, Inc.

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Teradyne, Inc. & Subsidiaries · Massachusetts · Manufacturing

What the 2023 filing shows

Retirement Plan for Employees of Teradyne, Inc. holds $114M for 402 participants — about $282,940 per participant, up 1.6% over the 2023 plan year.

$114M
total plan assets (2023 EOY)
402
covered participants
$282,940
avg assets per participant
+1.6%
assets growth YoY
Total Assets (2023)
$114M
Participants
402
Industry
Manufacturing

What the Filing Says About Retirement Plan for Employees of Teradyne, Inc.

Retirement Plan for Employees of Teradyne, Inc. is a Defined Benefit (Pension) retirement plan sponsored by Teradyne, Inc. & Subsidiaries, headquartered in Massachusetts. As of the 2023 Form 5500 filing, the plan reports $114M in total end-of-year assets and covers 402 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 042272148, and the plan has been effective since 1980-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $112M at the beginning of 2023 to $114M at year-end — a gain of 1.6%. Net assets (after liabilities) closed the year at $113M, with reported net income of $858K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$112M
Total Assets (End of Year)$114M
Net Assets (End of Year)$113M
Net Income$858K
Plan TypeDefined Benefit (Pension)
Employer EIN042272148
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teradyne, Inc. & Subsidiaries)

Year Plans Participants Total Assets
2022 2 2,383 $995M
2023 2 2,470 $1.1B
2024 2 2,393 $1.2B

Nearby Defined Benefit (Pension) Plans in Massachusetts

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Retirement Plan for Employees of Teradyne, Inc.?
As of the 2023 Form 5500 filing, Retirement Plan for Employees of Teradyne, Inc. holds $114M in total assets with 402 participants. It is sponsored by Teradyne, Inc. & Subsidiaries.
What type of plan is Retirement Plan for Employees of Teradyne, Inc.?
Retirement Plan for Employees of Teradyne, Inc. is a Defined Benefit (Pension) plan. It has been effective since 1980-01-01. The plan is filed with the U.S. Department of Labor under EIN 042272148.
Who sponsors the Retirement Plan for Employees of Teradyne, Inc.?
Retirement Plan for Employees of Teradyne, Inc. is sponsored by Teradyne, Inc. & Subsidiaries, located in Massachusetts. The sponsor's EIN is 042272148 and the plan operates in the Manufacturing industry.
How did Retirement Plan for Employees of Teradyne, Inc. perform in 2023?
Retirement Plan for Employees of Teradyne, Inc. grew by 1.6% during 2023, moving from $112M to $114M in total assets. Net income was $858K.
Where can I find official filings for Retirement Plan for Employees of Teradyne, Inc.?
Official Form 5500 filings for Retirement Plan for Employees of Teradyne, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042272148 or plan name at efast.dol.gov.
How does Retirement Plan for Employees of Teradyne, Inc. compare to other plans?
You can compare Retirement Plan for Employees of Teradyne, Inc. against other Defined Benefit (Pension) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 042272148.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.