Defined Benefit (Pension) · DOL Form 5500 · 2024

The Charles Stark Draper Laboratory, Inc. Pension Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
2,288
Participants Above avg headcount
99th
Percentile by assets National rank
$572,077
Avg per participant High balance/head
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Official DOL plan name: Retirement Plan for Draper Employees · Sponsored by The Charles Stark Draper Laboratory, Inc. · Massachusetts · Other Services

$1.3B in assets, 2,288 participants

The Charles Stark Draper Laboratory, Inc.'s Retirement Plan for Draper Employees reported $1.3B in total assets and 2,288 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.

  • #7,704 in Other Services (7,719 peers)

Coverage in Massachusetts

Retirement Plan for Draper Employees covers 2,288 participants in Massachusetts, 3.5x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.3B.

#7,704
in Other Services (7,719 peers)
+9.8%
assets growth YoY
13×
vs typical plan assets (national mean)

Retirement Plan for Draper Employees's outsized position by total assets

Retirement Plan for Draper Employees vs every filed plan by assets

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

$1,308,912,497 Top 1% higher than 99% 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 Plan for Draper Employees'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. Retirement Plan for Draper Employees lands in the large band (2,288 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan for Draper Employees reported net income fell from $146M in the plan year 2023 filing to $117M in the plan year 2024 filing.
  • Retirement Plan for Draper Employees reported participants rose from 2,046 in the plan year 2023 filing to 2,288 in the plan year 2024 filing.
  • Retirement Plan for Draper Employees end-of-year assets rose from $1.2B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 042505372 · The Charles Stark Draper Laboratory, Inc. PY 2024 · Defined Benefit (Pension)

Retirement Plan for Draper Employees · $1.3B · 2,288 · 99th

  • EIN $1.3B
  • EIN 2,288
  • EIN 99th
  • EIN Defined Benefit (Pension)
  • EIN near Baxter International Inc. and Subsidiaries Pension Plan
  • EIN ind #7704

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 Other Services retirement plans → · Plans in Massachusetts →

Retirement Plan for Draper Employees in the asset neighbourhood

Retirement Plan for Draper EmployeesRetirement Plan for Draper E…$1.3BBaxter International Inc. and Subsidiaries Pension PlanBaxter International Inc. an…$1.3BBmo U.S. Pension Plan$1.3BItw Retirement Accumulation PlanItw Retirement Accumulation …$1.3BRocky Mountain Ufcw Unions and Employers Retail and Meat Pension PlanRocky Mountain Ufcw Unions a…$1.3B
End-of-year total assets ($B) among Retirement Plan for Draper Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.3B
Net Income$117M
Employer EIN042505372
Plan Effective Date1973-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Charles Stark Draper Laboratory, Inc.)

Sponsor-wide plan assets over time

All The Charles Stark Draper Laboratory, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 24.54875703323976% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B 202220232024 $1.5B $1.86B ▲ +24.0%
Year Plans Participants Total Assets
2022 3 3,316 $1.5B
2023 3 3,582 $1.7B
2024 3 3,936 $1.9B

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Retirement Plan for Draper Employees vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Retirement Plan for Draper Employees, Total assets ($B): 1.308912497 · Participants: 2288Retirement Plan for Draper EmployeesConsolidated 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 Plan for Draper Employees vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Retirement Plan for Draper Employees side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Baxter International Inc. and Subsidiaries Pension Plan in IL ($1.3B); by covered participants it is Csx Pension Plan in FL (2,293 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (2,288 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 Plan for Draper Employees assets move in 2024? ▼
Retirement Plan for Draper Employees grew at a solid clip - up 9.8% during 2024, from $1.2B to $1.3B. Reported net income was $117M.
How have The Charles Stark Draper Laboratory, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Charles Stark Draper Laboratory, Inc.'s sponsor-wide assets grew 24.5%, from $1.5B to $1.9B.
Where does Retirement Plan for Draper Employees rank by assets among Form 5500 filers? ▼
Retirement Plan for Draper Employees ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for Draper Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Baxter International Inc. and Subsidiaries Pension Plan in IL ($1.3B, 1,722 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Draper Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Csx Pension Plan in FL (2,293 participants, $2.3B 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 042505372.

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.