Defined Benefit (Pension) · DOL Form 5500 · 2024
State Street Corporation Pension Plan
Data updated 2026-08-11
- $866M
- Total assets
- 3,076
- Participants
- 98th
- Percentile by assets
- $281,551
- Avg per participant
Official DOL plan name: State Street Retirement Plan · Sponsored by State Street Corporation · Massachusetts · Management of Enterprises
$866M in assets, 3,076 participants
State Street Corporation's State Street Retirement Plan reported $866M in total assets and 3,076 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 123,622 plans)
- #1,070 in Management of Enterprises (1,133 peers)
Coverage in Massachusetts
State Street Retirement Plan covers 3,076 participants in Massachusetts, 4.7x the typical Massachusetts plan (state average ~659 per filing). Assets: $866M.
- $866M
- total plan assets (2024 EOY)
- 3,076
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $281,551
- avg assets per participant
The plan reported a net loss of $26M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- State Street Retirement Plan reported net income fell from $36M in the plan year 2023 filing to -$26M in the plan year 2024 filing.
- State Street Retirement Plan reported participants fell from 3,253 in the plan year 2023 filing to 3,076 in the plan year 2024 filing.
- State Street Retirement Plan end-of-year assets fell from $889M in the plan year 2023 filing to $866M in the plan year 2024 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. State Street Retirement Plan reports 3,076 participants - 4.7x that state average ($866M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $889M |
|---|---|
| Net Assets (End of Year) | $861M |
| Net Income | -$26M |
| Employer EIN | 042456637 |
| Plan Effective Date | 1946-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (State Street Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 15,837 | $5.7B |
| 2023 | 2 | 15,421 | $6.6B |
| 2024 | 2 | 15,853 | $7.4B |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
State Street Retirement Plan 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 State Street Retirement Plan by total assets, not by location.
- Pension Plan for Pactiv Evergreen (IL) $866M · 3,875
- National Hockey League Players Retirement Benefit Plan (NY) $865M · 1,075
- Modern Woodmen of America Employees' Retirement Plan (IL) $865M · 1,030
- Gannett Retirement Plan (NY) $864M · 1,128
Frequently Asked Questions
How did State Street Retirement Plan assets move in 2024? ▼
How have State Street Corporation plan assets changed over time? ▼
Where does State Street Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to State Street Retirement Plan? ▼
Next read for State Street Retirement Plan
Filing takeaways
Ways to act on State Street Retirement Plan's numbers.
- By total assets, State Street Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
- State Street Corporation's sponsor-wide assets have grown 30.4% since 2022 across 3 plan years on file. More Management of Enterprises plans