Money Purchase · DOL Form 5500 · 2023

President & Fellows of Harvard College Harvard Human Resources, Benefi Money Purchase Plan

Data updated 2026-08-25

$1.8B
Total assets Very large vs avg
13,259
Participants Very large workforce
99th
Percentile by assets National rank
$132,991
Avg per participant Near avg balance/head
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Official DOL plan name: Harvard University Defined Contribution Retirement Plan · Sponsored by President & Fellows of Harvard College Harvard Human Resources, Benefi · Massachusetts · Educational Services

$1.8B in assets, 13,259 participants

President & Fellows of Harvard College Harvard Human Resources, Benefi's Harvard University Defined Contribution Retirement Plan reported $1.8B in total assets and 13,259 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.

  • #3,693 in Educational Services (3,735 peers)

Coverage in Massachusetts

Harvard University Defined Contribution Retirement Plan covers 13,259 participants in Massachusetts, 20x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.8B.

#3,693
in Educational Services (3,735 peers)
+21.4%
assets growth YoY
18×
vs typical plan assets (national mean)

Harvard University Defined Contribution Retirement Plan's outsized position by total assets

Harvard University Defined Contribution Retirement Plan vs every filed plan by assets

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

$1,763,325,967 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

Harvard University Defined Contribution Retirement Plan'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. Harvard University Defined Contribution Retirement Plan is a mega filing (13,259 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Harvard University Defined Contribution Retirement Plan reported net income rose from -$183M in the plan year 2022 filing to $311M in the plan year 2023 filing.
  • Harvard University Defined Contribution Retirement Plan end-of-year assets rose from $1.5B in the plan year 2022 filing to $1.8B in the plan year 2023 filing.
  • Harvard University Defined Contribution Retirement Plan reported participants rose from 12,417 in the plan year 2022 filing to 13,259 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 042103580 · President & Fellows of Harvard College Harvard Human Resources, Benefi PY 2023 · Money Purchase

Harvard University Defined Contribution Retirement Plan · $1.8B · 13,259 · 99th

  • BOOK $1.8B
  • BOOK 13,259
  • BOOK 99th
  • BOOK Money Purchase
  • BOOK near Local No. 1 IBEW Pension Benefit Trust Fund
  • BOOK ind #3693

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 →

Harvard University Defined Contribution Retirement Plan in the asset neighbourhood

McKinsey & Company, Inc. (Mppp) Money Purchase Pension PlanMcKinsey & Company, Inc. (Mp…$2.0BSouthern Electrical Retirement FundSouthern Electrical Retireme…$1.9BHarvard University Defined Contribution Retirement PlanHarvard University Defined C…$1.8BLocal No. 1 IBEW Pension Benefit Trust FundLocal No. 1 IBEW Pension Ben…$1.7BThe Sherwin-Williams Company Salaried Employees' Revised Pension Investment PlanThe Sherwin-Williams Company…$1.6B
End-of-year total assets ($B) among Harvard University Defined Contribution Retirement Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.8B
Net Income$311M
Employer EIN042103580
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (President & Fellows of Harvard College Harvard Human Resources, Benefi)

Sponsor-wide plan assets over time

All President & Fellows of Harvard College Harvard Human Resources, Benefi plans reported in each filing year

Latest sponsor-wide plan assets
$10.3B 28.115920433204305% vs 2022
2024 filing year
$7B$8B$9B$10B$11B 202220232024 $8.02B $10.3B ▲ +28.1%
Year Plans Participants Total Assets
2022 4 39,221 $8.0B
2023 4 39,785 $9.3B
2024 4 44,472 $10.3B

Nearby Money Purchase Plans in Massachusetts

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

Harvard University Defined Contribution Retirement Plan vs. nearby Money Purchase plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 050001000015000 0.511.522.53 Total assets ($B) Participants Harvard University Defined Contribution Retirement Plan, Total assets ($B): 1.763325967 · Participants: 13259Harvard University Defined Contribution Retirement PlanThe 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 UniversityMassachusetts Laborers' Annuity Fund, Total assets ($B): 2.163224805 · Participants: 11709Massachusetts Laborers' Annuity FundElectrical Workers Deferred Income Plan Local 103, I.B.E.W., Total assets ($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
Harvard University Defined Contribution Retirement Plan vs. nearby Money Purchase plans in Massachusetts, assets vs. participants
Compare Harvard University Defined Contribution Retirement Plan side-by-side with 3 peers →

Scale composition for Harvard University Defined Contribution Retirement Plan

Harvard University Defined Contribution Retirement Plan reports $1.8B in end-of-year assets across 13,259 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $132,991 per participant (96% of the national average assets-per-participant) . Net income for plan year 2023 was $311M.

This plan identity (EIN 042103580, plan #007) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $2.0B (+40.0%) while covered participants moved from 12,417 to 14,571 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,417 $1.5B Open filing
2023 13,259 $1.8B This page
2024 · index core 14,571 $2.0B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Harvard University Defined Contribution Retirement Plan's out-of-state Money Purchase peers by assets and headcount

Outside Massachusetts, the nearest Money Purchase by assets is Local No. 1 IBEW Pension Benefit Trust Fund in MO ($1.7B); by covered participants it is Southern States Savings & Retirement Plan Trust in FL (13,258 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13,259 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 Harvard University Defined Contribution Retirement Plan assets move in 2023? ▼
Harvard University Defined Contribution Retirement Plan grew sharply - up 21.4% during 2023, from $1.5B to $1.8B. Reported net income was $311M.
How have President & Fellows of Harvard College Harvard Human Resources, Benefi plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), President & Fellows of Harvard College Harvard Human Resources, Benefi's sponsor-wide assets grew 28.1%, from $8.0B to $10.3B.
Where does Harvard University Defined Contribution Retirement Plan rank by assets among Form 5500 filers? ▼
Harvard University Defined Contribution Retirement Plan 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 Harvard University Defined Contribution Retirement Plan? ▼
Among Money Purchase plans in other states, the closest by assets is Local No. 1 IBEW Pension Benefit Trust Fund in MO ($1.7B, 4,647 participants).
Which Money Purchase plans cover a similar participant headcount to Harvard University Defined Contribution Retirement Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Southern States Savings & Retirement Plan Trust in FL (13,258 participants, $178M 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 042103580.

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.