Defined Benefit (Pension) · DOL Form 5500 · 2023
The Charles Stark Draper Laboratory Pension Plan
Data updated 2026-08-25
- $1.2B
- Total assets Very large vs avg
- 2,046
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $582,765
- Avg per participant High balance/head
Official DOL plan name: Retirement Plan for Draper Employees · Sponsored by The Charles Stark Draper Laboratory · Massachusetts · Other Services
$1.2B in assets, 2,046 participants
The Charles Stark Draper Laboratory's Retirement Plan for Draper Employees reported $1.2B in total assets and 2,046 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.
- #7,842 in Other Services (7,857 peers)
Coverage in Massachusetts
Retirement Plan for Draper Employees covers 2,046 participants in Massachusetts, 3.1x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.2B.
- #7,842
- in Other Services (7,857 peers)
- +14.0%
- assets growth YoY
- 12×
- vs typical plan assets (national mean)
Retirement Plan for Draper Employees's outsized position by total assets
Retirement Plan for Draper Employees vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,192,337,718 Top 1% higher than 99% 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
Retirement Plan for Draper Employees's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for Draper Employees lands in the large band (2,046 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Retirement Plan for Draper Employees reported net income rose from -$163M in the plan year 2022 filing to $146M in the plan year 2023 filing.
- Retirement Plan for Draper Employees end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
- Retirement Plan for Draper Employees reported participants rose from 1,854 in the plan year 2022 filing to 2,046 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 042505372 · The Charles Stark Draper Laboratory PY 2023 · Defined Benefit (Pension)
Retirement Plan for Draper Employees · $1.2B · 2,046 · 99th
- VS-ST $1.2B
- VS-ST 2,046
- VS-ST 99th
- VS-ST Defined Benefit (Pension)
- VS-ST near United Assn Full-Time Sal Off & Emp of Locl Unions Councils, St & Prov Pen Plan
- VS-ST ind #7842
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 Other Services retirement plans → · Plans in Massachusetts →
Retirement Plan for Draper Employees in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $1.0B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | $146M |
| Employer EIN | 042505372 |
| Plan Effective Date | 1973-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Charles Stark Draper Laboratory)
Sponsor-wide plan assets over time
All The Charles Stark Draper Laboratory plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.9B 24.54875703323976% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 3,316 | $1.5B |
| 2023 | 3 | 3,582 | $1.7B |
| 2024 | 3 | 3,936 | $1.9B |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $10.3B · 58,745
- New England Teamsters Pension Fund $9.1B · 21,786
- Liberty Mutual Retirement Benefit Plan $6.9B · 37,145
- Massachusetts Institute of Technology Basic Retirement Plan $5.4B · 11,888
- N. Atlantic States Carp. Pension Fund $5.0B · 17,166
Retirement Plan for Draper Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is United Assn Full-Time Sal Off & Emp of Locl Unions Councils, St & Prov Pen Plan in MD ($1.2B); by covered participants it is Roofers Pension Fund in IL (2,046 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.2B here).
- United Assn Full-Time Sal Off & Emp of Locl Unions Councils, St & Prov Pen Plan (MD) $1.2B · 1,846
- Eighth District Electrical Pension Fund (NV) $1.2B · 10,900
- Transocean U.S. Retirement Plan () $1.2B · 992
- Retirement Plan for Employees of Southwest Gas Corporation (NV) $1.2B · 2,020
Similar participant headcount
Nearest other-state filings by covered participants (2,046 participants); asset peers above are excluded.
- Roofers Pension Fund (IL) 2,046 · 0 off
- United Teamster Pension Fund a (NY) 2,041 · 5 off
- Retirement Plan for Employees of the Univ of Miami (FL) 2,051 · 5 off
- New York University Staff Pension Plan for Non-Contributory (NY) 2,051 · 5 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.