Defined Benefit (Pension) · DOL Form 5500 · 2024

The Oconnell Companies, Inc. Pension Plan

Data updated 2026-08-11

$60M
Total assets: 156
Participants: 86th
Percentile by assets: $387,260
Avg per participant

Official DOL plan name: Retirement Plan for Employees of the O'connell Companies, Inc. · Sponsored by The Oconnell Companies, Inc. · Massachusetts · Management of Enterprises

$60M in assets, 156 participants

The Oconnell Companies, Inc.'s Retirement Plan for Employees of the O'connell Companies, Inc. reported $60M in total assets and 156 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

86th percentile by assets (of 123,622 plans)
#799 in Management of Enterprises (1,133 peers)

Coverage in Massachusetts

Retirement Plan for Employees of the O'connell Companies, Inc. covers 156 participants in Massachusetts, about 24% of the average Massachusetts filer (state average ~659 per filing). Assets: $60M.

$60M
total plan assets (2024 EOY): 156
covered participants: 86th
percentile by assets (of 123,622 plans): $387,260
avg assets per participant

The plan reported a net loss of $732K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Retirement Plan for Employees of the O'connell Companies, Inc. sits by total assets

Retirement Plan for Employees of the O'connell Companies, Inc. vs every filed plan by assets

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

$60,412,576 Top 14% higher than 86% 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

Retirement Plan for Employees of the O'connell Companies, Inc. reported net income fell from $4M in the plan year 2023 filing to -$732K in the plan year 2024 filing.
Retirement Plan for Employees of the O'connell Companies, Inc. reported participants fell from 175 in the plan year 2023 filing to 156 in the plan year 2024 filing.
Retirement Plan for Employees of the O'connell Companies, Inc. end-of-year assets fell from $61M in the plan year 2023 filing to $60M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Massachusetts

Industry

Management of Enterprises

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Retirement Plan for Employees of the O'connell Companies, Inc. reports 156 participants - about 24% of that state average ($60M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$61M
Net Assets (End of Year)	$60M
Net Income	-$732K
Employer EIN	042669288
Plan Effective Date	1951-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Oconnell Companies, Inc.)

Total plan assets by year, all The Oconnell Companies, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	392	$95M
2023	2	386	$99M
2024	2	359	$101M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Retirement Plan for Employees of the O'connell Companies, Inc. 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

Compare Retirement Plan for Employees of the O'c… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Retirement Plan for Employees of the O'connell Companies, Inc. by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan for Employees of the O'connell Companies, Inc. assets move in 2024? ▼

Retirement Plan for Employees of the O'connell Companies, Inc. edged down modestly - down 1.2% during 2024, from $61M to $60M. Reported net income was -$732K.

How have The Oconnell Companies, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), The Oconnell Companies, Inc.'s sponsor-wide assets grew 6.5%, from $95M to $101M.

Where does Retirement Plan for Employees of the O'connell Companies, Inc. rank by assets among Form 5500 filers? ▼

Retirement Plan for Employees of the O'connell Companies, Inc. ranks in the 86th 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 Defined Benefit (Pension) plans are similar in size to Retirement Plan for Employees of the O'connell Companies, Inc.? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is The Retirement Benefit Plan for Sky Chefs for Officer, Management & Specialist and Non-Management, Non-Union Personnel in TX ($60M, 60 participants).

Next read for Retirement Plan for Employees of the O'c…

Filing takeaways

Ways to act on Retirement Plan for Employees of the O'connell Companies, Inc.'s numbers.

By total assets, Retirement Plan for Employees of the O'connell Companies, Inc. ranks in the top quartile 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
The Oconnell Companies, Inc.'s sponsor-wide assets have grown 6.5% since 2022 across 3 plan years on file. More Management of Enterprises plans

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 042669288.