Other · DOL Form 5500 · 2023

Berklee College of Music, Inc. Retirement Plan

Data updated 2026-08-11

$266M
Total assets: 1,028
Participants: 96th
Percentile by assets: $258,281
Avg per participant

Official DOL plan name: Berklee College of Music, Inc. 403(b) Retirement Savings Plan · Sponsored by Berklee College of Music, Inc. · Massachusetts · Educational Services

$266M in assets, 1,028 participants

Berklee College of Music, Inc.'s Berklee College of Music, Inc. 403(b) Retirement Savings Plan reported $266M in total assets and 1,028 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.

96th percentile by assets (of 127,072 plans)
#3,482 in Educational Services (3,735 peers)

Where Berklee College of Music, Inc. 403(b) Retirement Savings Plan sits by assets

Berklee College of Music, Inc. 403(b) Retirement Savings Plan sits in the top 5% of all filed plans by assets, $266M for 1,028 participants (~$258,281/participant), up 15.3% in 2023.

$266M
total plan assets (2023 EOY): 1,028
covered participants: 96th
percentile by assets (of 127,072 plans): $258,281
avg assets per participant

Where Berklee College of Music, Inc. 403(b) Retirement Savings Plan sits by total assets

Berklee College of Music, Inc. 403(b) Retirement Savings Plan vs every filed plan by assets

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

$265,512,449 Top 4% higher than 96% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Berklee College of Music, Inc. 403(b) Retirement Savings Plan reported net income rose from -$43M in the plan year 2022 filing to $35M in the plan year 2023 filing.
Berklee College of Music, Inc. 403(b) Retirement Savings Plan reported participants fell from 1,714 in the plan year 2022 filing to 1,028 in the plan year 2023 filing.
Berklee College of Music, Inc. 403(b) Retirement Savings Plan end-of-year assets rose from $230M in the plan year 2022 filing to $266M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Educational Services

Berklee College of Music, Inc. 403(b) Retirement Savings Plan vs the 2023 asset distribution

By assets, Berklee College of Music, Inc. 403(b) Retirement Savings Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$230M
Net Assets (End of Year)	$266M
Net Income	$35M
Employer EIN	042300472
Plan Effective Date	2003-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Berklee College of Music, Inc.)

Total plan assets by year, all Berklee College of Music, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	2,071	$326M
2023	2	1,342	$365M
2024	2	1,233	$407M

Nearby Other Plans in Massachusetts

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

Berklee College of Music, Inc. 403(b) Retirement Savings Plan vs. nearby Other plans in Massachusetts, assets vs. participants

The Mitre Corporation Tax Sheltered Annuity Plan $4.7B · 11,980
Harvard University Tax Deferred Annuity Plan $3.8B · 21,064
Boston University Retirement Plan $2.8B · 8,130
Beth Israel Deaconess Medical Center Voluntary 403(b) Plan $2.4B · 13,981
Northeastern University Retirement Plan $2.3B · 8,553

Compare Berklee College of Music, Inc. 403(b) Re… side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

Other plans in other states closest to Berklee College of Music, Inc. 403(b) Retirement Savings Plan by total assets, not by location.

IBEW Local Union 269 Annuity Fund (NJ) $268M · 868
San Diego State University Foundation Defined Contribution Retirement Plan (CA) $262M · 2,948
Mount Sinai Matching Contribution Plan (FL) $262M · 4,154
Chapman University Tax Deferred Annuity (Tda) Retirement Plan (CA) $269M · 1,548

Frequently Asked Questions

How did Berklee College of Music, Inc. 403(b) Retirement Savings Plan assets move in 2023? ▼

Berklee College of Music, Inc. 403(b) Retirement Savings Plan grew sharply - up 15.3% during 2023, from $230M to $266M. Reported net income was $35M.

How have Berklee College of Music, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Berklee College of Music, Inc.'s sponsor-wide assets grew 24.7%, from $326M to $407M.

Where does Berklee College of Music, Inc. 403(b) Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Berklee College of Music, Inc. 403(b) Retirement Savings 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 Berklee College of Music, Inc. 403(b) Retirement Savings Plan? ▼

Among Other plans in other states, the closest by assets is IBEW Local Union 269 Annuity Fund in NJ ($268M, 868 participants).

Next read for Berklee College of Music, Inc. 403(b) Re…

Scale reading

Ways to act on Berklee College of Music, Inc. 403(b) Retirement Savings Plan's numbers.

By total assets, Berklee College of Music, Inc. 403(b) Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Other plans in Massachusetts. Compare plans
Berklee College of Music, Inc.'s sponsor-wide assets have grown 24.7% since 2022 across 3 plan years on file. More Educational Services plans

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 042300472.