Other · DOL Form 5500 · 2024

Trustees of Phillips Academy Retirement Plan

Data updated 2026-08-25

$349M
Total assets Above avg plan size
756
Participants Near avg headcount
96th
Percentile by assets National rank
$461,653
Avg per participant High balance/head
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Official DOL plan name: Phillips Academy Retirement Plan · Sponsored by Trustees of Phillips Academy · Massachusetts · Educational Services

$349M in assets, 756 participants

Trustees of Phillips Academy's Phillips Academy Retirement Plan reported $349M in total assets and 756 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #3,422 in Educational Services (3,638 peers)

Where Phillips Academy Retirement Plan sits by assets

Phillips Academy Retirement Plan sits in the top 5% of all filed plans by assets, $349M for 756 participants (~$461,653/participant), up 8.2% in 2024.

#3,422
in Educational Services (3,638 peers)
+8.2%
assets growth YoY
3.5×
vs typical plan assets (national mean)

Phillips Academy Retirement Plan's outsized position by total assets

Phillips Academy Retirement Plan vs every filed plan by assets

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

$349,009,889 Top 4% higher than 96% 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

Phillips Academy Retirement 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. Phillips Academy Retirement Plan sits mid-pack in the medium band (756 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Phillips Academy Retirement Plan reported net income fell from $42M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Phillips Academy Retirement Plan end-of-year assets rose from $323M in the plan year 2023 filing to $349M in the plan year 2024 filing.
  • Phillips Academy Retirement Plan reported participants rose from 723 in the plan year 2023 filing to 756 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 042103579 · Trustees of Phillips Academy PY 2024 · Other

Phillips Academy Retirement Plan · $349M · 756 · 96th

  • RANK $349M
  • PHOTO 756
  • IND 96th
  • EOY Other
  • 5500 near Furman University Defined Contribution and Tax Deferred Annuity Retirement Plan
  • ASSETS ind #3422

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 Educational Services retirement plans → · Plans in Massachusetts →

Phillips Academy Retirement Plan in the asset neighbourhood

Hamilton College 403(b) Retirement PlanHamilton College 403(b) Reti…$352MSrc, Inc. 403(b) Retirement PlanSrc, Inc. 403(b) Retirement …$351MPhillips Academy Retirement PlanPhillips Academy Retirement …$349MFurman University Defined Contribution and Tax Deferred Annuity Retirement PlanFurman University Defined Co…$347MSt. Lawrence University 403(b) Retirement PlanSt. Lawrence University 403(…$346M
End-of-year total assets ($M) among Phillips Academy Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$323M
Net Assets (End of Year)$349M
Net Income$26M
Employer EIN042103579
Plan Effective Date1974-08-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Phillips Academy)

Sponsor-wide plan assets over time

All Trustees of Phillips Academy plans reported in each filing year

Latest sponsor-wide plan assets
$349M 24.28103375957671% vs 2022
2024 filing year
$250M$300M$350M$400M 202220232024 $281M $349M ▲ +24.3%
Year Plans Participants Total Assets
2022 1 683 $281M
2023 1 723 $323M
2024 1 756 $349M

Nearby Other Plans in Massachusetts

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

Phillips Academy Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 012345 Total assets ($B) Participants Phillips Academy Retirement Plan, Total assets ($B): 0.349009889 · Participants: 756Phillips Academy Retirement PlanHarvard University Tax Deferred Annuity Plan, Total assets ($B): 4.299350229 · Participants: 24395Harvard University Tax Deferred Annuity PlanBeth Israel Lahey 403(b) Retirement Savings Plan, Total assets ($B): 3.507933231 · Participants: 33591Beth Israel Lahey 403(b) Retirement Savings PlanBoston University Retirement Plan, Total assets ($B): 2.976139 · Participants: 8173Boston University Retirement PlanNortheastern University Retirement Plan, Total assets ($B): 2.641546036 · Participants: 8900Northeastern University Retirement PlanBoston University Supplemental Retirement and Savings Plan, Total assets ($B): 1.735973854 · Participants: 12869Boston University Supplemental Retirement and Savings Plan
Phillips Academy Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants

Phillips Academy Retirement Plan's out-of-state Other peers by assets and headcount

Outside Massachusetts, the nearest Other by assets is Furman University Defined Contribution and Tax Deferred Annuity Retirement Plan in SC ($347M); by covered participants it is National Audubon Society Tax Deferred Annuity Plan in NY (755 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (756 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 Phillips Academy Retirement Plan assets move in 2024?
Phillips Academy Retirement Plan grew at a solid clip - up 8.2% during 2024, from $323M to $349M. Reported net income was $26M.
How have Trustees of Phillips Academy plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Phillips Academy's sponsor-wide assets grew 24.3%, from $281M to $349M.
Where does Phillips Academy Retirement Plan rank by assets among Form 5500 filers?
Phillips Academy Retirement Plan ranks in the 96th 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 Other plans are similar in size to Phillips Academy Retirement Plan?
Among Other plans in other states, the closest by assets is Furman University Defined Contribution and Tax Deferred Annuity Retirement Plan in SC ($347M, 1,412 participants).
Which Other plans cover a similar participant headcount to Phillips Academy Retirement Plan?
Among Other plans in other states, the closest by covered participants is National Audubon Society Tax Deferred Annuity Plan in NY (755 participants, $140M in assets).