Defined Benefit (Pension) · DOL Form 5500 · 2023

Boston Shipping Association, Inc Pension Plan

Data updated 2026-08-25

$108M
Total assets Near avg plan size
244
Participants Below avg headcount
92nd
Percentile by assets National rank
$441,613
Avg per participant High balance/head
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Official DOL plan name: Bsa-Ila Pension Plan · Sponsored by Boston Shipping Association, Inc · Massachusetts · Transportation & Warehousing

$108M in assets, 244 participants

Boston Shipping Association, Inc's Bsa-Ila Pension Plan reported $108M in total assets and 244 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #3,018 in Transportation & Warehousing (3,362 peers)

Coverage in Massachusetts

Bsa-Ila Pension Plan covers 244 participants in Massachusetts, about 37% of the average Massachusetts filer (state average ~659 per filing). Assets: $108M.

#3,018
in Transportation & Warehousing (3,362 peers)
+13.5%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Bsa-Ila Pension Plan's outsized position by total assets

Bsa-Ila Pension Plan vs every filed plan by assets

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

$107,753,584 Top 8% higher than 92% 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

Bsa-Ila Pension Plan 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. Bsa-Ila Pension Plan sits mid-pack in the medium band (244 participants).

Form 5500 schedule snapshot

Filing strip 042034907 · Boston Shipping Association, Inc PY 2023 · Defined Benefit (Pension)

Bsa-Ila Pension Plan · $108M · 244 · 92nd

  • RANK $108M
  • PHOTO 244
  • IND 92nd
  • EOY Defined Benefit (Pension)
  • 5500 near Sheet Metal Workers Local 7, Zone 2 Pension Plan
  • ASSETS ind #3018

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 Transportation & Warehousing retirement plans → · Plans in Massachusetts →

Bsa-Ila Pension Plan in the asset neighbourhood

Atlanta Postal Credit Union Cash Balance Defined Benefit Plan and TrustAtlanta Postal Credit Union …$108MThe Methodist Hospitals, Inc. Retirement PlanThe Methodist Hospitals, Inc…$108MSiltronic Corporation Pension PlanSiltronic Corporation Pensio…$108MSheet Metal Workers Local 7, Zone 2 Pension PlanSheet Metal Workers Local 7,…$108MBsa-Ila Pension Plan$108M
End-of-year total assets ($M) among Bsa-Ila Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$108M
Net Income$13M
Employer EIN042034907
Plan Effective Date1950-12-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Boston Shipping Association, Inc)

Sponsor-wide plan assets over time

All Boston Shipping Association, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$174M 299.9438548194716% vs 2022
2024 filing year
$0M$50M$100M$150M$200M 202220232024 $43.4M $174M ▲ +299.9%
Year Plans Participants Total Assets
2022 2 380 $43M
2023 3 627 $162M
2024 3 657 $174M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Bsa-Ila Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Bsa-Ila Pension Plan, Total assets ($B): 0.107753584 · Participants: 244Bsa-Ila Pension 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
Bsa-Ila Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Bsa-Ila Pension Plan side-by-side with 3 peers →

Bsa-Ila Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Sheet Metal Workers Local 7, Zone 2 Pension Plan in MI ($108M); by covered participants it is Bss Retirement Plan for Bargained Employees in WA (244 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (244 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 Bsa-Ila Pension Plan assets move in 2023? ▼
Bsa-Ila Pension Plan grew at a solid clip - up 13.5% during 2023, from $95M to $108M. Reported net income was $13M.
How have Boston Shipping Association, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Boston Shipping Association, Inc's sponsor-wide assets grew 299.9%, from $43M to $174M.
Where does Bsa-Ila Pension Plan rank by assets among Form 5500 filers? ▼
Bsa-Ila Pension Plan ranks in the 92nd 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 Bsa-Ila Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sheet Metal Workers Local 7, Zone 2 Pension Plan in MI ($108M, 353 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Bsa-Ila Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bss Retirement Plan for Bargained Employees in WA (244 participants, $115M 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 042034907.

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.