Other · DOL Form 5500 · 2023

Cushing Academy Retirement Plan

Data updated 2026-08-11

$51M
Total assets
201
Participants
86th
Percentile by assets
$253,636
Avg per participant
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Official DOL plan name: Cushing Academy Defined Contribution Retirement Plan · Sponsored by Cushing Academy · Massachusetts · Educational Services

$51M in assets, 201 participants

Cushing Academy's Cushing Academy Defined Contribution Retirement Plan reported $51M in total assets and 201 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 127,072 plans)
  • #2,781 in Educational Services (3,735 peers)

Coverage in Massachusetts

Cushing Academy Defined Contribution Retirement Plan covers 201 participants in Massachusetts, about 31% of the average Massachusetts filer (state average ~659 per filing). Assets: $51M.

$51M
total plan assets (2023 EOY)
201
covered participants
86th
percentile by assets (of 127,072 plans)
$253,636
avg assets per participant

Where Cushing Academy Defined Contribution Retirement Plan sits by total assets

Cushing Academy Defined Contribution Retirement Plan vs every filed plan by assets

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

$50,980,895 Top 14% higher than 86% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cushing Academy Defined Contribution Retirement Plan reported net income rose from -$7M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Cushing Academy Defined Contribution Retirement Plan reported participants rose from 159 in the plan year 2022 filing to 201 in the plan year 2023 filing.
  • Cushing Academy Defined Contribution Retirement Plan end-of-year assets rose from $45M in the plan year 2022 filing to $51M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Massachusetts
Industry
Educational Services

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Cushing Academy Defined Contribution Retirement Plan reports 201 participants - about 31% of that state average ($51M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$51M
Net Income$6M
Employer EIN042104048
Plan Effective Date1947-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cushing Academy)

$40M$45M$50M$55M 202220232024 $45.4M $53.7M ▲ +18.2%
Total plan assets by year, all Cushing Academy plans on file
Year Plans Participants Total Assets
2022 1 159 $45M
2023 1 201 $51M
2024 1 169 $54M

Nearby Other Plans in Massachusetts

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

Cushing Academy Defined Contribution Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -20246 Total assets ($B) Participants Cushing Academy Defi…, Total assets ($B): 0.050980895 · Participants: 201Cushing Academy Defi…The Mitre Corporatio…, Total assets ($B): 4.700618255 · Participants: 11980The Mitre Corporatio…Harvard University T…, Total assets ($B): 3.76566072 · Participants: 21064Harvard University T…Boston University Re…, Total assets ($B): 2.758080647 · Participants: 8130Boston University Re…Beth Israel Deacones…, Total assets ($B): 2.396382678 · Participants: 13981Beth Israel Deacones…Northeastern Univers…, Total assets ($B): 2.333339945 · Participants: 8553Northeastern Univers…
Cushing Academy Defined Contribution Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants
Compare Cushing Academy Defined Contribution Ret… side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

Other plans in other states closest to Cushing Academy Defined Contribution Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Cushing Academy Defined Contribution Retirement Plan assets move in 2023? ▼
Cushing Academy Defined Contribution Retirement Plan grew at a solid clip - up 12.2% during 2023, from $45M to $51M. Reported net income was $6M.
How have Cushing Academy plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cushing Academy's sponsor-wide assets grew 18.2%, from $45M to $54M.
Where does Cushing Academy Defined Contribution Retirement Plan rank by assets among Form 5500 filers? ▼
Cushing Academy Defined Contribution Retirement Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Cushing Academy Defined Contribution Retirement Plan? ▼
Among Other plans in other states, the closest by assets is National Church Residences 403(b) Savings Plan in OH ($51M, 2,337 participants).

Next read for Cushing Academy Defined Contribution Ret…

Filing takeaways

Ways to act on Cushing Academy Defined Contribution Retirement Plan's numbers.

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 042104048.

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.