Defined Benefit (Pension) · DOL Form 5500 · 2023

Institution for Savings in Newburyport Pension Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
154
Participants Small participant base
88th
Percentile by assets National rank
$423,994
Avg per participant High balance/head
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Official DOL plan name: The Defined Benefit Plan of the Institution for Savings in Newburyport · Sponsored by Institution for Savings in Newburyport · Massachusetts · Finance & Insurance

$65M in assets, 154 participants

Institution for Savings in Newburyport's The Defined Benefit Plan of the Institution for Savings in Newburyport reported $65M in total assets and 154 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,235 in Finance & Insurance (8,869 peers)

Coverage in Massachusetts

The Defined Benefit Plan of the Institution for Savings in Newburyport covers 154 participants in Massachusetts, about 23% of the average Massachusetts filer (state average ~659 per filing). Assets: $65M.

#7,235
in Finance & Insurance (8,869 peers)
+31.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

The Defined Benefit Plan of the Institution for Savings in Newburyport's outsized position by total assets

The Defined Benefit Plan of the Institution for Savings in Newburyport vs every filed plan by assets

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

$65,295,036 Top 12% higher than 88% 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 Defined Benefit Plan of the Institution for Savings in Newburyport 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 Defined Benefit Plan of the Institution for Savings in Newburyport sits mid-pack in the medium band (154 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Defined Benefit Plan of the Institution for Savings in Newburyport reported net income rose from $3M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • The Defined Benefit Plan of the Institution for Savings in Newburyport end-of-year assets rose from $50M in the plan year 2022 filing to $65M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 921546128 · Institution for Savings in Newburyport PY 2023 · Defined Benefit (Pension)

The Defined Benefit Plan of the Institution for Savings in Newburyport · $65M · 154 · 88th

  • PART $65M
  • TYPE 154
  • NET 88th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Alixpartners, LLP Cash Balance Plan
  • BOY ind #7235

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 →

The Defined Benefit Plan of the Institution for Savings in Newburyport in the asset neighbourhood

Rally Credit Union Defined Benefit PlanRally Credit Union Defined B…$65MSgl Group US Retirement Plan$65MThe Defined Benefit Plan of the Institution for Savings in NewburyportThe Defined Benefit Plan of …$65MAlixpartners, LLP Cash Balance PlanAlixpartners, LLP Cash Balan…$65MAmerican Postal Workers Union Health Plan Employee Pension PlanAmerican Postal Workers Unio…$65M
End-of-year total assets ($M) among The Defined Benefit Plan of the Institution for Savings in Newburyport and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$65M
Net Income$16M
Employer EIN921546128
Plan Effective Date1981-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Institution for Savings in Newburyport)

Sponsor-wide plan assets over time

All Institution for Savings in Newburyport plans reported in each filing year

Latest sponsor-wide plan assets
$72M 44.61710503071156% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $49.6M $71.7M ▲ +44.6%
Year Plans Participants Total Assets
2022 1 154 $50M
2023 1 154 $65M
2024 1 162 $72M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

The Defined Benefit Plan of the Institution for Savings in Newburyport vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants The Defined Benefit Plan of the Institution for Savings in Newburyport, Total assets ($B): 0.065295036 · Participants: 154The Defined Benefit Plan of the Institution for Savings in NewburyportConsolidated 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 Defined Benefit Plan of the Institution for Savings in Newburyport vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare The Defined Benefit Plan of the Institution for Savings in Newburyport side-by-side with 3 peers →

The Defined Benefit Plan of the Institution for Savings in Newburyport's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Alixpartners, LLP Cash Balance Plan in MI ($65M); by covered participants it is Clariant Corporation Combined Retirement Plan in NC (154 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (154 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 The Defined Benefit Plan of the Institution for Savings in Newburyport assets move in 2023? ▼
The Defined Benefit Plan of the Institution for Savings in Newburyport surged - up 31.8% during 2023, from $50M to $65M. Reported net income was $16M.
How have Institution for Savings in Newburyport plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Institution for Savings in Newburyport's sponsor-wide assets grew 44.6%, from $50M to $72M.
Where does The Defined Benefit Plan of the Institution for Savings in Newburyport rank by assets among Form 5500 filers? ▼
The Defined Benefit Plan of the Institution for Savings in Newburyport ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Defined Benefit Plan of the Institution for Savings in Newburyport? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alixpartners, LLP Cash Balance Plan in MI ($65M, 188 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Defined Benefit Plan of the Institution for Savings in Newburyport? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Clariant Corporation Combined Retirement Plan in NC (154 participants, $199M 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 921546128.

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.