Other · DOL Form 5500 · 2023

Trustees of Phillips Academy Retirement Plan

Data updated 2026-08-25

$323M
Total assets Above avg plan size
723
Participants Near avg headcount
96th
Percentile by assets National rank
$446,082
Avg per participant High balance/head
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Official DOL plan name: Phillips Academy Retirement Plan · Sponsored by Trustees of Phillips Academy · Massachusetts · Educational Services

$323M in assets, 723 participants

Trustees of Phillips Academy's Phillips Academy Retirement Plan reported $323M in total assets and 723 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.

  • #3,520 in Educational Services (3,735 peers)

Where Phillips Academy Retirement Plan sits by assets

Phillips Academy Retirement Plan sits in the top 5% of all filed plans by assets, $323M for 723 participants (~$446,082/participant), up 14.8% in 2023.

#3,520
in Educational Services (3,735 peers)
+14.8%
assets growth YoY
3.2×
vs typical plan assets (national mean)

Phillips Academy Retirement Plan's outsized position by total assets

Phillips Academy Retirement Plan vs every filed plan by assets

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

$322,517,219 Top 4% higher than 96% 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

Phillips Academy 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. Phillips Academy Retirement Plan sits mid-pack in the medium band (723 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Phillips Academy Retirement Plan reported net income rose from -$40M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Phillips Academy Retirement Plan end-of-year assets rose from $281M in the plan year 2022 filing to $323M in the plan year 2023 filing.
  • Phillips Academy Retirement Plan reported participants rose from 683 in the plan year 2022 filing to 723 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 042103579 · Trustees of Phillips Academy PY 2023 · Other

Phillips Academy Retirement Plan · $323M · 723 · 96th

  • TYPE $323M
  • NET 723
  • BOOK 96th
  • VS-ST Other
  • BOY near Mary Washington Healthcare 403(b) Plan
  • SCH ind #3520

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 →

Phillips Academy Retirement Plan in the asset neighbourhood

Au Health System, Inc. 403(b) Retirement Savings PlanAu Health System, Inc. 403(b…$326MFurman University Defined Contribution and Tax Deferred Annuity Retirement PlanFurman University Defined Co…$325MMary Washington Healthcare 403(b) PlanMary Washington Healthcare 4…$323MPhillips Academy Retirement PlanPhillips Academy Retirement …$323MRetirement Plan of Saratoga HospitalRetirement Plan of Saratoga …$322M
End-of-year total assets ($M) among Phillips Academy Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$281M
Net Assets (End of Year)$323M
Net Income$42M
Employer EIN042103579
Plan Effective Date1974-08-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Phillips Academy)

Sponsor-wide plan assets over time

All Trustees of Phillips Academy plans reported in each filing year

Latest sponsor-wide plan assets
$349M 24.28103375957671% vs 2022
2024 filing year
$250M$300M$350M$400M 202220232024 $281M $349M ▲ +24.3%
Year Plans Participants Total Assets
2022 1 683 $281M
2023 1 723 $323M
2024 1 756 $349M

Nearby Other Plans in Massachusetts

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

Phillips Academy Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 012345 Total assets ($B) Participants Phillips Academy Retirement Plan, Total assets ($B): 0.322517219 · Participants: 723Phillips Academy 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
Phillips Academy Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants
Compare Phillips Academy Retirement Plan side-by-side with 3 peers →

Phillips Academy Retirement Plan's out-of-state Other peers by assets and headcount

Outside Massachusetts, the nearest Other by assets is Mary Washington Healthcare 403(b) Plan in VA ($323M); by covered participants it is Way Station, Inc. Retirement Plan in MD (722 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (723 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 Phillips Academy Retirement Plan assets move in 2023? ▼
Phillips Academy Retirement Plan grew at a solid clip - up 14.8% during 2023, from $281M to $323M. Reported net income was $42M.
How have Trustees of Phillips Academy plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Phillips Academy's sponsor-wide assets grew 24.3%, from $281M to $349M.
Where does Phillips Academy Retirement Plan rank by assets among Form 5500 filers? ▼
Phillips Academy Retirement Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Phillips Academy Retirement Plan? ▼
Among Other plans in other states, the closest by assets is Mary Washington Healthcare 403(b) Plan in VA ($323M, 2,958 participants).
Which Other plans cover a similar participant headcount to Phillips Academy Retirement Plan? ▼
Among Other plans in other states, the closest by covered participants is Way Station, Inc. Retirement Plan in MD (722 participants, N/A 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 042103579.

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.