401(k) · DOL Form 5500 · 2024
Sun Life Financial U.S. Services Company, Inc. 401(k) Plan
Data updated 2026-08-25
- $1.8B
- Total assets Very large vs avg
- 5,996
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $296,585
- Avg per participant High balance/head
Official DOL plan name: Sun Advantage Savings and Investment Plan · Sponsored by Sun Life Financial U.S. Services Company, Inc. · Massachusetts · Finance & Insurance
$1.8B in assets, 5,996 participants
Sun Life Financial U.S. Services Company, Inc.'s Sun Advantage Savings and Investment Plan reported $1.8B in total assets and 5,996 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- #8,399 in Finance & Insurance (8,549 peers)
Coverage in Massachusetts
Sun Advantage Savings and Investment Plan covers 5,996 participants in Massachusetts, 9.1x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.8B.
- #8,399
- in Finance & Insurance (8,549 peers)
- +15.2%
- assets growth YoY
- 18×
- vs typical plan assets (national mean)
Sun Advantage Savings and Investment Plan's outsized position by total assets
Sun Advantage Savings and Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,778,322,263 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Sun Advantage Savings and Investment Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sun Advantage Savings and Investment Plan lands in the large band (5,996 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sun Advantage Savings and Investment Plan reported participants rose from 3,900 in the plan year 2023 filing to 5,996 in the plan year 2024 filing.
- Sun Advantage Savings and Investment Plan end-of-year assets rose from $1.5B in the plan year 2023 filing to $1.8B in the plan year 2024 filing.
- Sun Advantage Savings and Investment Plan reported net income fell from $276M in the plan year 2023 filing to $235M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 263730703 · Sun Life Financial U.S. Services Company, Inc. PY 2024 · 401(k)
Sun Advantage Savings and Investment Plan · $1.8B · 5,996 · 99th
- ASSETS $1.8B
- PCT 5,996
- EIN 99th
- RANK 401(k)
- PHOTO near Pacific Life Insurance Company Retirement Incentive Savings Plan
- IND ind #8399
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 →
Sun Advantage Savings and Investment Plan in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $1.5B |
|---|---|
| Net Assets (End of Year) | $1.8B |
| Net Income | $235M |
| Employer EIN | 263730703 |
| Plan Effective Date | 1986-04-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,893 | $1.5B |
| 2023 | 2 | 4,219 | $1.8B |
| 2024 | 2 | 6,306 | $2.0B |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fidelity Retirement Savings Plan $34.2B · 66,907
- Liberty Mutual 401(k) Plan $11.4B · 34,618
- Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
- Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
- State Street Salary Savings Program $6.5B · 12,777
Scale composition for Sun Advantage Savings and Investment Plan
Sun Advantage Savings and Investment Plan reports $1.8B in end-of-year assets across 5,996 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $296,585 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2024 was $235M.
This plan identity (EIN 263730703, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.8B (+40.3%) while covered participants moved from 3,547 to 5,996 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 3,547 | $1.3B | Open filing |
| 2023 | 3,900 | $1.5B | Open filing |
| 2024 · index core | 5,996 | $1.8B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Retirement Income Plan (Defined Benefit (Pension), $253M, 310 participants)
Sun Advantage Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside Massachusetts, the nearest 401(k) by assets is Pacific Life Insurance Company Retirement Incentive Savings Plan in CA ($1.8B); by covered participants it is Kohler Co. 401(k) Savings Plan in WI (5,995 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.8B here).
- Pacific Life Insurance Company Retirement Incentive Savings Plan (CA) $1.8B · 3,250
- Telephone and Data Systems, Inc. Tax-Deferred Savings Plan (WI) $1.8B · 8,892
- Chs Inc. 401(k) Plan (MN) $1.8B · 8,589
- Pacificorp K Plus Employee Savings Plan (OR) $1.8B · 5,201
Similar participant headcount
Nearest other-state filings by covered participants (5,996 participants); asset peers above are excluded.
- Kohler Co. 401(k) Savings Plan (WI) 5,995 · 1 off
- Longwood Management Corporation 401(k) Savings Plan (CA) 5,992 · 4 off
- Staffing Partners Holdings 401(k) Plan (CA) 5,991 · 5 off
- Gpi Hourly Savings Plan (GA) 6,004 · 8 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.