Other · DOL Form 5500 · 2024

The May Institute, Inc. Retirement Plan

Data updated 2026-08-11

$85M
Total assets
1,763
Participants
89th
Percentile by assets
$48,223
Avg per participant
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Official DOL plan name: May Institute, Inc. Defined Contribution Retirement Plan · Sponsored by The May Institute, Inc. · Massachusetts · Healthcare & Social Assistance

$85M in assets, 1,763 participants

The May Institute, Inc.'s May Institute, Inc. Defined Contribution Retirement Plan reported $85M in total assets and 1,763 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 123,622 plans)
  • #15,320 in Healthcare & Social Assistance (16,916 peers)

Coverage in Massachusetts

May Institute, Inc. Defined Contribution Retirement Plan covers 1,763 participants in Massachusetts, 2.7x the typical Massachusetts plan (state average ~659 per filing). Assets: $85M.

$85M
total plan assets (2024 EOY)
1,763
covered participants
89th
percentile by assets (of 123,622 plans)
$48,223
avg assets per participant

Where May Institute, Inc. Defined Contribution Retirement Plan sits by total assets

May Institute, Inc. Defined Contribution Retirement Plan vs every filed plan by assets

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

$85,017,213 Top 11% higher than 89% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • May Institute, Inc. Defined Contribution Retirement Plan end-of-year assets rose from $75M in the plan year 2023 filing to $85M in the plan year 2024 filing.
  • May Institute, Inc. Defined Contribution Retirement Plan reported net income fell from $11M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • May Institute, Inc. Defined Contribution Retirement Plan reported participants rose from 1,744 in the plan year 2023 filing to 1,763 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. May Institute, Inc. Defined Contribution Retirement Plan reports 1,763 participants - 2.7x that state average ($85M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$85M
Net Income$10M
Employer EIN042197449
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The May Institute, Inc.)

$60M$70M$80M$90M 202220232024 $63.9M $85M ▲ +33.0%
Total plan assets by year, all The May Institute, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,761 $64M
2023 1 1,744 $75M
2024 1 1,763 $85M

Nearby Other Plans in Massachusetts

Peer Other plans, same state, same plan type, ranked by total assets.

May Institute, Inc. Defined Contribution Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants

May Institute, Inc. Defined Contribution Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 -1012345 Total assets ($B) Participants May Institute, Inc. …Harvard University T…Beth Israel Lahey 40…Boston University Re…Northeastern Univers…Boston University Su…
May Institute, Inc. Defined Contribution Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to May Institute, Inc. Defined Contribution Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did May Institute, Inc. Defined Contribution Retirement Plan assets move in 2024?
May Institute, Inc. Defined Contribution Retirement Plan grew at a solid clip - up 13.6% during 2024, from $75M to $85M. Reported net income was $10M.
How have The May Institute, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The May Institute, Inc.'s sponsor-wide assets grew 33.0%, from $64M to $85M.
Where does May Institute, Inc. Defined Contribution Retirement Plan rank by assets among Form 5500 filers?
May Institute, Inc. Defined Contribution Retirement Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to May Institute, Inc. Defined Contribution Retirement Plan?
Among Other plans in other states, the closest by assets is Morehouse College Defined Contribution Plan in GA ($85M, 734 participants).

Next read for May Institute, Inc. Defined Contribution…

Filing takeaways

Ways to act on May Institute, Inc. Defined Contribution Retirement Plan's numbers.