Defined Benefit (Pension) · DOL Form 5500 · 2023

The L.S. Starrett Company Pension Plan

Data updated 2026-08-25

$87M
Total assets Below avg plan size
334
Participants Below avg headcount
90th
Percentile by assets National rank
$259,704
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Retirement Plan for Employees of the L.S. Starrett Company · Sponsored by The L.S. Starrett Company · Massachusetts · Manufacturing

$87M in assets, 334 participants

The L.S. Starrett Company's The Retirement Plan for Employees of the L.S. Starrett Company reported $87M in total assets and 334 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #16,011 in Manufacturing (18,722 peers)

Where The Retirement Plan for Employees of the L.S. Starrett Company sits by assets

The Retirement Plan for Employees of the L.S. Starrett Company sits in the top 10% of all filed plans by assets, $87M for 334 participants (~$259,704/participant), up 3.3% in 2023.

#16,011
in Manufacturing (18,722 peers)
+3.3%
assets growth YoY
0.9×
vs typical plan assets (national mean)

The Retirement Plan for Employees of the L.S. Starrett Company's outsized position by total assets

The Retirement Plan for Employees of the L.S. Starrett Company vs every filed plan by assets

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

$86,741,149 Top 10% higher than 90% 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

The Retirement Plan for Employees of the L.S. Starrett Company among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Retirement Plan for Employees of the L.S. Starrett Company sits mid-pack in the medium band (334 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Retirement Plan for Employees of the L.S. Starrett Company reported net income fell from $5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Retirement Plan for Employees of the L.S. Starrett Company reported participants fell from 358 in the plan year 2022 filing to 334 in the plan year 2023 filing.
  • The Retirement Plan for Employees of the L.S. Starrett Company end-of-year assets rose from $84M in the plan year 2022 filing to $87M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 041866480 · The L.S. Starrett Company PY 2023 · Defined Benefit (Pension)

The Retirement Plan for Employees of the L.S. Starrett Company · $87M · 334 · 90th

  • RANK $87M
  • PHOTO 334
  • IND 90th
  • EOY Defined Benefit (Pension)
  • 5500 near Retirement Plan for Employees of Cass Information Systems, Inc.
  • ASSETS ind #16011

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 Manufacturing retirement plans → · Plans in Massachusetts →

The Retirement Plan for Employees of the L.S. Starrett Company in the asset neighbourhood

Studio Mechanics Local 476 Iatse Retirement PlanStudio Mechanics Local 476 I…$87MEmployees Retirement Plan of St. Barnabas Hospital and AffiliatesEmployees Retirement Plan of…$87MRetirement Plan for Employees of Cass Information Systems, Inc.Retirement Plan for Employee…$87MThe Retirement Plan for Employees of the L.S. Starrett CompanyThe Retirement Plan for Empl…$87MThe Manitowoc Company, Inc. Pension PlanThe Manitowoc Company, Inc. …$87M
End-of-year total assets ($M) among The Retirement Plan for Employees of the L.S. Starrett Company and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$84M
Net Assets (End of Year)$87M
Net Income$3M
Employer EIN041866480
Plan Effective Date1945-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The L.S. Starrett Company)

Sponsor-wide plan assets over time

All The L.S. Starrett Company plans reported in each filing year

Latest sponsor-wide plan assets
$116M 7.118980074849635% vs 2022
2024 filing year
$105M$110M$115M$120M 202220232024 $108M $116M ▲ +7.1%
Year Plans Participants Total Assets
2022 4 1,469 $108M
2023 4 1,383 $116M
2024 4 1,279 $116M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

The Retirement Plan for Employees of the L.S. Starrett Company vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants The Retirement Plan for Employees of the L.S. Starrett Company, Total assets ($B): 0.086741149 · Participants: 334The Retirement Plan for Employees of the L.S. Starrett CompanyConsolidated 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
The Retirement Plan for Employees of the L.S. Starrett Company vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

The Retirement Plan for Employees of the L.S. Starrett Company's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Cass Information Systems, Inc. in MO ($87M); by covered participants it is Liquor Salesmen's Union Local 2 Pension Fund in NY (334 participants). Same-state nearby plans are listed separately above.

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 The Retirement Plan for Employees of the L.S. Starrett Company assets move in 2023?
The Retirement Plan for Employees of the L.S. Starrett Company edged up modestly - up 3.3% during 2023, from $84M to $87M. Reported net income was $3M.
How have The L.S. Starrett Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The L.S. Starrett Company's sponsor-wide assets grew 7.1%, from $108M to $116M.
Where does The Retirement Plan for Employees of the L.S. Starrett Company rank by assets among Form 5500 filers?
The Retirement Plan for Employees of the L.S. Starrett Company ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Retirement Plan for Employees of the L.S. Starrett Company?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Cass Information Systems, Inc. in MO ($87M, 448 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Retirement Plan for Employees of the L.S. Starrett Company?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Liquor Salesmen's Union Local 2 Pension Fund in NY (334 participants, $75M in assets).