Defined Benefit (Pension) · DOL Form 5500 · 2023

State Street Corporation Pension Plan

Data updated 2026-08-25

$889M
Total assets Above avg plan size
3,253
Participants Above avg headcount
98th
Percentile by assets National rank
$273,330
Avg per participant High balance/head
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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.

  • #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.

#1,069
in Management of Enterprises (1,137 peers)
+4.6%
assets growth YoY
8.9×
vs typical plan assets (national mean)

State Street Retirement Plan's outsized position by total assets

State Street Retirement Plan vs every filed plan by assets

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

$889,141,824 Top 2% higher than 98% 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

State Street Retirement 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. State Street Retirement Plan lands in the large band (3,253 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

DOL schedule card

Filing strip 042456637 · State Street Corporation PY 2023 · Defined Benefit (Pension)

State Street Retirement Plan · $889M · 3,253 · 98th

  • EOY $889M
  • EOY 3,253
  • EOY 98th
  • EOY Defined Benefit (Pension)
  • EOY near Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW
  • EOY ind #1069

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 Management of Enterprises retirement plans → · Plans in Massachusetts →

State Street Retirement Plan in the asset neighbourhood

Unicare Retirement Plan$893MUniversity Hospitals Health System, Inc. Retirement PlanUniversity Hospitals Health …$891MChristian School Pension Plan and Trust FundChristian School Pension Pla…$891MState Street Retirement Plan$889MElectrical Workers Pension Trust Fund of Local Union No. 58 - IBEWElectrical Workers Pension T…$888M
End-of-year total assets ($M) among State Street Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$850M
Net Assets (End of Year)$887M
Net Income$36M
Employer EIN042456637
Plan Effective Date1946-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Street Corporation)

Sponsor-wide plan assets over time

All State Street Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$7.4B 30.41346548084554% vs 2022
2024 filing year
$5B$6B$7B$8B 202220232024 $5.67B $7.4B ▲ +30.5%
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 Scatter plot of 6 data points. 020000400006000080000 051015 Total assets ($B) Participants State Street Retirement Plan, Total assets ($B): 0.889141824 · Participants: 3253State Street Retirement PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 10.325856564 · Participants: 58745Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.092299586 · Participants: 21786New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.892259637 · Participants: 37145Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.381626447 · Participants: 11888Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.973349354 · Participants: 17166N. Atlantic States Carp. Pension Fund
State Street Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare State Street Retirement Plan side-by-side with 3 peers →

State Street Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW in MI ($888M); by covered participants it is Itw Retirement Accumulation Plan in IL (3,256 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,253 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to State Street Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Itw Retirement Accumulation Plan in IL (3,256 participants, $1.3B 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 042456637.

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.