Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

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

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by The L.S. Starrett Company Β· Massachusetts Β· Manufacturing

What the 2023 filing shows

The Retirement Plan for Employees of the L.S. Starrett Company holds $87M for 334 participants - about $259,704 per participant, up 3.3% over the 2023 plan year.

$87M
total plan assets (2023 EOY)
334
covered participants
$259,704
avg assets per participant
+3.3%
assets growth YoY
Total Assets (2023)
$87M
Participants
334
Industry
Manufacturing

What the Filing Says About The Retirement Plan for Employees of the L.S. Starrett Company

The Retirement Plan for Employees of the L.S. Starrett Company is a Defined Benefit (Pension) retirement plan sponsored by The L.S. Starrett Company, headquartered in Massachusetts. As of the 2023 Form 5500 filing, the plan reports $87M in total end-of-year assets and covers 334 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 041866480, and the plan has been effective since 1945-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $84M at the beginning of 2023 to $87M at year-end β€” a gain of 3.3%. Net assets (after liabilities) closed the year at $87M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

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

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

Year Plans Participants Total Assets
2022 4 1,469 $108M
2023 4 1,383 $116M
2024 1 543 $29M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Frequently Asked Questions

How much money is in the The Retirement Plan for Employees of the L.S. Starrett Company?
As of the 2023 Form 5500 filing, The Retirement Plan for Employees of the L.S. Starrett Company holds $87M in total assets with 334 participants. It is sponsored by The L.S. Starrett Company.
What type of plan is The Retirement Plan for Employees of the L.S. Starrett Company?
The Retirement Plan for Employees of the L.S. Starrett Company is a Defined Benefit (Pension) plan. It has been effective since 1945-07-01. The plan is filed with the U.S. Department of Labor under EIN 041866480.
Who sponsors the The Retirement Plan for Employees of the L.S. Starrett Company?
The Retirement Plan for Employees of the L.S. Starrett Company is sponsored by The L.S. Starrett Company, located in Massachusetts. The sponsor's EIN is 041866480 and the plan operates in the Manufacturing industry.
How did The Retirement Plan for Employees of the L.S. Starrett Company perform in 2023?
The Retirement Plan for Employees of the L.S. Starrett Company grew by 3.3% during 2023, moving from $84M to $87M in total assets. Net income was $3M.
Where can I find official filings for The Retirement Plan for Employees of the L.S. Starrett Company?
Official Form 5500 filings for The Retirement Plan for Employees of the L.S. Starrett Company are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 041866480 or plan name at efast.dol.gov.
How does The Retirement Plan for Employees of the L.S. Starrett Company compare to other plans?
You can compare The Retirement Plan for Employees of the L.S. Starrett Company against other Defined Benefit (Pension) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 041866480.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.