Money Purchase · DOL Form 5500 · 2023
Massachusetts Financial Services Company Money Purchase Plan
Data updated 2026-08-25
- $839M
- Total assets Above avg plan size
- 1,683
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $498,416
- Avg per participant High balance/head
Official DOL plan name: Massachusetts Financial Services Company Defined Contribution Plan · Sponsored by Massachusetts Financial Services Company · Massachusetts · Finance & Insurance
$839M in assets, 1,683 participants
Massachusetts Financial Services Company's Massachusetts Financial Services Company Defined Contribution Plan reported $839M in total assets and 1,683 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #8,603 in Finance & Insurance (8,869 peers)
Coverage in Massachusetts
Massachusetts Financial Services Company Defined Contribution Plan covers 1,683 participants in Massachusetts, 2.6x the typical Massachusetts plan (state average ~659 per filing). Assets: $839M.
- #8,603
- in Finance & Insurance (8,869 peers)
- +14.6%
- assets growth YoY
- 8.4×
- vs typical plan assets (national mean)
Massachusetts Financial Services Company Defined Contribution Plan's outsized position by total assets
Massachusetts Financial Services Company Defined Contribution Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$838,833,624 Top 2% higher than 98% 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
Massachusetts Financial Services Company Defined Contribution Plan'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. Massachusetts Financial Services Company Defined Contribution Plan lands in the large band (1,683 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Massachusetts Financial Services Company Defined Contribution Plan reported net income rose from -$158M in the plan year 2022 filing to $107M in the plan year 2023 filing.
- Massachusetts Financial Services Company Defined Contribution Plan end-of-year assets rose from $732M in the plan year 2022 filing to $839M in the plan year 2023 filing.
- Massachusetts Financial Services Company Defined Contribution Plan reported participants rose from 1,640 in the plan year 2022 filing to 1,683 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 042747644 · Massachusetts Financial Services Company PY 2023 · Money Purchase
Massachusetts Financial Services Company Defined Contribution Plan · $839M · 1,683 · 98th
- RANK $839M
- RANK 1,683
- RANK 98th
- RANK Money Purchase
- RANK near Teamster Local 282 Annuity Trust Fund
- RANK ind #8603
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 Finance & Insurance retirement plans → · Plans in Massachusetts →
Massachusetts Financial Services Company Defined Contribution Plan in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $732M |
|---|---|
| Net Assets (End of Year) | $839M |
| Net Income | $107M |
| Employer EIN | 042747644 |
| Plan Effective Date | 1952-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Massachusetts Financial Services Company)
Sponsor-wide plan assets over time
All Massachusetts Financial Services Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.5B 28.633008315477177% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,256 | $1.2B |
| 2023 | 2 | 3,347 | $1.3B |
| 2024 | 2 | 3,434 | $1.5B |
Nearby Money Purchase Plans in Massachusetts
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- The Mitre Corporation Qualified Retirement Plan $2.6B · 12,551
- Retirement Income Plan for Teaching Faculty of Harvard University $2.2B · 2,687
- Massachusetts Laborers' Annuity Fund $2.2B · 11,709
- Harvard University Defined Contribution Retirement Plan $1.8B · 13,259
- Electrical Workers Deferred Income Plan Local 103, I.B.E.W. $1.6B · 8,337
Massachusetts Financial Services Company Defined Contribution Plan's out-of-state Money Purchase peers by assets and headcount
Outside Massachusetts, the nearest Money Purchase by assets is Teamster Local 282 Annuity Trust Fund in NY ($839M); by covered participants it is Greater Texas IBEW NECA Annuity Plan in TX (1,683 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($839M here).
- Teamster Local 282 Annuity Trust Fund (NY) $839M · 3,943
- William Marsh Rice University Defined Contribution Retirement Plan (TX) $831M · 6,776
- Excavators Union Local 731 Annuity Fund (NY) $848M · 5,582
- 401(a) Def Cont Ret Plan for Dartmouth College Faculty/Staff (NH) $820M · 3,918
Similar participant headcount
Nearest other-state filings by covered participants (1,683 participants); asset peers above are excluded.
- Greater Texas IBEW NECA Annuity Plan (TX) 1,683 · 0 off
- Retirement Plan for Employees of Fermi Research Alliance, LLC (IL) 1,685 · 2 off
- Middlebury College Core Retirement Plan (VT) 1,661 · 22 off
- IBEW Local 595 Money Purchase Pension Plan (CA) 1,709 · 26 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.