Defined Benefit (Pension) · DOL Form 5500 · 2024

Sun Life Financial U.S. Services Company, Inc. Pension Plan

Data updated 2026-08-25

$253M
Total assets Near avg plan size
310
Participants Below avg headcount
95th
Percentile by assets National rank
$814,734
Avg per participant High balance/head
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Official DOL plan name: Retirement Income Plan · Sponsored by Sun Life Financial U.S. Services Company, Inc. · Massachusetts · Finance & Insurance

$253M in assets, 310 participants

Sun Life Financial U.S. Services Company, Inc.'s Retirement Income Plan reported $253M in total assets and 310 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #7,876 in Finance & Insurance (8,549 peers)

Coverage in Massachusetts

Retirement Income Plan covers 310 participants in Massachusetts, about 47% of the average Massachusetts filer (state average ~659 per filing). Assets: $253M.

#7,876
in Finance & Insurance (8,549 peers)
-6.7%
assets change YoY
2.5×
vs typical plan assets (national mean)

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Income Plan's outsized position by total assets

Retirement Income Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$252,567,463 Top 5% higher than 95% of 123,620 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 2024

Retirement Income Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Income Plan sits mid-pack in the medium band (310 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Income Plan reported net income fell from -$3M in the plan year 2023 filing to -$18M in the plan year 2024 filing.
  • Retirement Income Plan end-of-year assets fell from $271M in the plan year 2023 filing to $253M in the plan year 2024 filing.
  • Retirement Income Plan reported participants fell from 319 in the plan year 2023 filing to 310 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 263730703 · Sun Life Financial U.S. Services Company, Inc. PY 2024 · Defined Benefit (Pension)

Retirement Income Plan · $253M · 310 · 95th

  • IND $253M
  • EOY 310
  • 5500 95th
  • ASSETS Defined Benefit (Pension)
  • PCT near Tdk U. S. a. Corporation Retirement Plan
  • EIN ind #7876

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 →

Retirement Income Plan in the asset neighbourhood

Local 553 Pension Fund$253MIBEW Local No. 117 Pension FundIBEW Local No. 117 Pension F…$253MRetirement Income Plan$253MTdk U. S. a. Corporation Retirement PlanTdk U. S. a. Corporation Ret…$253MPension Plan for Office Employees of the International Brotherhood of Electrical WorkersPension Plan for Office Empl…$252M
End-of-year total assets ($M) among Retirement Income Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$271M
Net Assets (End of Year)$252M
Net Income-$18M
Employer EIN263730703
Plan Effective Date1975-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sun Life Financial U.S. Services Company, Inc.)

Sponsor-wide plan assets over time

All Sun Life Financial U.S. Services Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.0B 31.7568497527177% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.54B $2.03B ▲ +31.8%
Year Plans Participants Total Assets
2022 2 3,893 $1.5B
2023 2 4,219 $1.8B
2024 2 6,306 $2.0B

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Retirement Income Plan, Total assets ($B): 0.252567463 · Participants: 310Retirement Income PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.093299462 · Participants: 21577New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States Carp. Pension Fund
Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Retirement Income Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Tdk U. S. a. Corporation Retirement Plan in NY ($253M); by covered participants it is Firelands Regional Medical Center Retirement Plan in OH (310 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (310 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Retirement Income Plan assets move in 2024? ▼
Retirement Income Plan pulled back noticeably - down 6.7% during 2024, from $271M to $253M. Reported net income was -$18M.
How have Sun Life Financial U.S. Services Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sun Life Financial U.S. Services Company, Inc.'s sponsor-wide assets grew 31.8%, from $1.5B to $2.0B.
Where does Retirement Income Plan rank by assets among Form 5500 filers? ▼
Retirement Income Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Tdk U. S. a. Corporation Retirement Plan in NY ($253M, 422 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Firelands Regional Medical Center Retirement Plan in OH (310 participants, $95M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 263730703.

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.