Defined Benefit (Pension) · DOL Form 5500 · 2024
The Charles Stark Draper Laboratory, Inc. Pension Plan
Data updated 2026-08-11
- $1.3B
- Total assets
- 2,288
- Participants
- 99th
- Percentile by assets
- $572,077
- Avg per participant
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.
- 99th percentile by assets (of 123,622 plans)
- #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.
- $1.3B
- total plan assets (2024 EOY)
- 2,288
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $572,077
- avg assets per participant
Where Retirement Plan for Draper Employees sits 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
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
- 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.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Retirement Plan for Draper Employees reports 2,288 participants - 3.5x that state average ($1.3B EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | $117M |
| Employer EIN | 042505372 |
| Plan Effective Date | 1973-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Charles Stark Draper Laboratory, Inc.)
| 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
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $11.6B · 60,621
- New England Teamsters Pension Fund $9.1B · 21,577
- Liberty Mutual Retirement Benefit Plan $6.3B · 34,910
- Massachusetts Institute of Technology Basic Retirement Plan $5.9B · 12,533
- N. Atlantic States Carp. Pension Fund $5.1B · 16,946
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Plan for Draper Employees by total assets, not by location.
- Baxter International Inc. and Subsidiaries Pension Plan (IL) $1.3B · 1,722
- Bmo U.S. Pension Plan (IL) $1.3B · 6,469
- Itw Retirement Accumulation Plan (IL) $1.3B · 2,893
- Rocky Mountain Ufcw Unions and Employers Retail and Meat Pension Plan (CO) $1.3B · 38,340
Frequently Asked Questions
How did Retirement Plan for Draper Employees assets move in 2024? ▼
How have The Charles Stark Draper Laboratory, Inc. plan assets changed over time? ▼
Where does Retirement Plan for Draper Employees rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for Draper Employees? ▼
Next read for Retirement Plan for Draper Employees
Filing takeaways
Ways to act on Retirement Plan for Draper Employees's numbers.
- By total assets, Retirement Plan for Draper Employees ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
- The Charles Stark Draper Laboratory, Inc.'s sponsor-wide assets have grown 24.5% since 2022 across 3 plan years on file. More Other Services plans