Money Purchase · DOL Form 5500 · 2024

Bd. of Trustees of Mass. Laborers Annuity Fund Money Purchase Plan

Data updated 2026-08-06

$2.3B
Total assets
11,506
Participants
99th
Percentile by assets
$199,178
Avg per participant
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Official DOL plan name: Massachusetts Laborers' Annuity Fund · Sponsored by Bd. of Trustees of Mass. Laborers Annuity Fund · Massachusetts · Construction

$2.3B in assets, 11,506 participants

Bd. of Trustees of Mass. Laborers Annuity Fund's Massachusetts Laborers' Annuity Fund reported $2.3B in total assets and 11,506 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 116,472 plans)
  • #8,272 in Construction (8,304 peers)

Coverage in Massachusetts

Massachusetts Laborers' Annuity Fund covers 11,506 participants in Massachusetts, 18x the typical Massachusetts plan (state average ~641 per filing). Assets: $2.3B.

$2.3B
total plan assets (2024 EOY)
11,506
covered participants
99th
percentile by assets (of 116,472 plans)
$199,178
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Massachusetts Laborers' Annuity Fund reported net income fell from $199M in the plan year 2023 filing to $132M in the plan year 2024 filing.
  • Massachusetts Laborers' Annuity Fund end-of-year assets rose from $2.2B in the plan year 2023 filing to $2.3B in the plan year 2024 filing.
  • Massachusetts Laborers' Annuity Fund reported participants fell from 11,709 in the plan year 2023 filing to 11,506 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Massachusetts Laborers' Annuity Fund reports 11,506 participants - 18x that state average ($2.3B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$2.2B
Net Assets (End of Year)$2.3B
Net Income$132M
Employer EIN046553616
Plan Effective Date1986-01-22
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd. of Trustees of Mass. Laborers Annuity Fund)

$1.9B$2B$2.1B$2.2B$2.3B$2.4B 202220232024 $1.96B $2.29B ▲ +16.8%
Total plan assets by year, all Bd. of Trustees of Mass. Laborers Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 11,530 $2.0B
2023 1 11,709 $2.2B
2024 1 11,506 $2.3B

Nearby Money Purchase Plans in Massachusetts

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

Massachusetts Laborers' Annuity Fund vs. nearby Money Purchase plans in Massachusetts, assets vs. participants

Massachusetts Laborers' Annuity Fund vs. nearby Money Purchase plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 0.511.522.5 Total assets ($B) Participants Massachusetts Labore…Retirement Income Pl…Harvard University D…Tufts University Bas…Massachusetts Financ…Pipefitters Local Un…
Massachusetts Laborers' Annuity Fund vs. nearby Money Purchase plans in Massachusetts, assets vs. participants

Scale composition for Massachusetts Laborers' Annuity Fund

Massachusetts Laborers' Annuity Fund reports $2.3B in end-of-year assets across 11,506 participants (0.020% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.013% of 89,805,449 covered participants) - about $199,178 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2024 was $132M.

This plan identity (EIN 046553616, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $2.3B (+17.2%) while covered participants moved from 11,530 to 11,506 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,530 $2.0B Open filing
2023 11,709 $2.2B Open filing
2024 · index core 11,506 $2.3B This page

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Massachusetts Laborers' Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Massachusetts Laborers' Annuity Fund assets move in 2024?
Massachusetts Laborers' Annuity Fund grew at a solid clip - up 5.9% during 2024, from $2.2B to $2.3B. Reported net income was $132M.
How have Bd. of Trustees of Mass. Laborers Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd. of Trustees of Mass. Laborers Annuity Fund's sponsor-wide assets grew 17.2%, from $2.0B to $2.3B.
Where does Massachusetts Laborers' Annuity Fund rank by assets among Form 5500 filers?
Massachusetts Laborers' Annuity Fund ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Money Purchase plans are similar in size to Massachusetts Laborers' Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan in CA ($2.3B, 23,032 participants).

Next read for Massachusetts Laborers' Annuity Fund

Filing takeaways

Ways to act on Massachusetts Laborers' Annuity Fund's numbers.

  • By total assets, Massachusetts Laborers' Annuity Fund ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Massachusetts. Compare plans
  • Bd. of Trustees of Mass. Laborers Annuity Fund's sponsor-wide assets have grown 17.2% since 2022 across 3 plan years on file. More Construction plans