Defined Benefit (Pension) · DOL Form 5500 · 2023

State Street Corporation Pension Plan

Data updated 2026-08-11

$889M
Total assets: 3,253
Participants: 98th
Percentile by assets: $273,330
Avg per participant

Official DOL plan name: State Street Retirement Plan · Sponsored by State Street Corporation · Massachusetts · Management of Enterprises

$889M in assets, 3,253 participants

State Street Corporation's State Street Retirement Plan reported $889M in total assets and 3,253 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.

98th percentile by assets (of 127,072 plans)
#1,069 in Management of Enterprises (1,137 peers)

Coverage in Massachusetts

State Street Retirement Plan covers 3,253 participants in Massachusetts, 4.9x the typical Massachusetts plan (state average ~659 per filing). Assets: $889M.

$889M
total plan assets (2023 EOY): 3,253
covered participants: 98th
percentile by assets (of 127,072 plans): $273,330
avg assets per participant

State Street Retirement Plan reported net income rose from -$215M in the plan year 2022 filing to $36M in the plan year 2023 filing.
State Street Retirement Plan reported participants fell from 3,416 in the plan year 2022 filing to 3,253 in the plan year 2023 filing.
State Street Retirement Plan end-of-year assets rose from $850M in the plan year 2022 filing to $889M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Management of Enterprises

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. State Street Retirement Plan reports 3,253 participants - 4.9x that state average ($889M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$850M
Net Assets (End of Year)	$887M
Net Income	$36M
Employer EIN	042456637
Plan Effective Date	1946-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (State Street Corporation)

Total plan assets by year, all State Street Corporation plans on file

Year	Plans	Participants	Total Assets
2022	2	15,837	$5.7B
2023	2	15,421	$6.6B
2024	2	15,853	$7.4B

Nearby Defined Benefit (Pension) Plans in Massachusetts

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

State Street Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

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

Compare State Street Retirement Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to State Street Retirement Plan by total assets, not by location.

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW (MI) $888M · 2,976
Christian School Pension Plan and Trust Fund (MI) $891M · 2,884
University Hospitals Health System, Inc. Retirement Plan (OH) $891M · 23,194
Unicare Retirement Plan (NJ) $893M · 1,006

Frequently Asked Questions

How did State Street Retirement Plan assets move in 2023? ▼

State Street Retirement Plan edged up modestly - up 4.6% during 2023, from $850M to $889M. Reported net income was $36M.

How have State Street Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), State Street Corporation's sponsor-wide assets grew 30.4%, from $5.7B to $7.4B.

Where does State Street Retirement Plan rank by assets among Form 5500 filers? ▼

State Street Retirement Plan ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to State Street Retirement Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW in MI ($888M, 2,976 participants).

Next read for State Street Retirement Plan

Filing takeaways

Ways to act on State Street Retirement Plan's numbers.

By total assets, State Street Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
State Street Corporation's sponsor-wide assets have grown 30.4% since 2022 across 3 plan years on file. More Management of Enterprises 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 042456637.