Money Purchase · DOL Form 5500 · 2024

The Rand Corporation Money Purchase Plan

Data updated 2026-08-11

$656M
Total assets: 2,313
Participants: 98th
Percentile by assets: $283,498
Avg per participant

Official DOL plan name: The Rand Corporation 401(a) Qualified Retirement Plan · Sponsored by The Rand Corporation · California · Other Services

$656M in assets, 2,313 participants

The Rand Corporation's The Rand Corporation 401(a) Qualified Retirement Plan reported $656M in total assets and 2,313 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)
#7,684 in Other Services (7,719 peers)

Coverage in California

The Rand Corporation 401(a) Qualified Retirement Plan covers 2,313 participants in California, 3.7x the typical California plan (state average ~630 per filing). Assets: $656M.

$656M
total plan assets (2024 EOY): 2,313
covered participants: 98th
percentile by assets (of 123,622 plans): $283,498
avg assets per participant

The Rand Corporation 401(a) Qualified Retirement Plan reported net income fell from $80M in the plan year 2023 filing to $62M in the plan year 2024 filing.
The Rand Corporation 401(a) Qualified Retirement Plan end-of-year assets rose from $593M in the plan year 2023 filing to $656M in the plan year 2024 filing.
The Rand Corporation 401(a) Qualified Retirement Plan reported participants rose from 2,156 in the plan year 2023 filing to 2,313 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

California

Industry

Other Services

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. The Rand Corporation 401(a) Qualified Retirement Plan reports 2,313 participants - 3.7x that state average ($656M EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$593M
Net Assets (End of Year)	$656M
Net Income	$62M
Employer EIN	951958142
Plan Effective Date	1957-12-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Rand Corporation)

Total plan assets by year, all The Rand Corporation plans on file

Year	Plans	Participants	Total Assets
2022	2	3,800	$987M
2023	2	3,949	$1.1B
2024	2	4,254	$1.3B

Nearby Money Purchase Plans in California

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

The Rand Corporation 401(a) Qualified Retirement Plan vs. nearby Money Purchase plans in California, assets vs. participants

The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.9B · 18,550
Kaiser Permanente Supplemental Savings and Retirement Plan $5.7B · 37,013
University of Southern California Defined Contribution Retirement Plan $5.0B · 19,806
Carpenters Annuity Trust Fund for Northern California $3.5B · 24,741
Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan $2.3B · 23,032

Compare The Rand Corporation 401(a) Qualified Re… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to The Rand Corporation 401(a) Qualified Retirement Plan by total assets, not by location.

Hawaii Carpenters Financial Security Fund (HI) $662M · 4,066
UPS/Ibt Local 2727 Defined Contribution Money Purchase Pension Plan (KY) $618M · 1,824
Iron Workers District Council of New England Annuity Fund (MA) $614M · 7,659
Educational Testing Service 401(a) Retirement Plan (NJ) $593M · 3,097

Frequently Asked Questions

How did The Rand Corporation 401(a) Qualified Retirement Plan assets move in 2024? ▼

The Rand Corporation 401(a) Qualified Retirement Plan grew at a solid clip - up 10.5% during 2024, from $593M to $656M. Reported net income was $62M.

How have The Rand Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), The Rand Corporation's sponsor-wide assets grew 27.5%, from $987M to $1.3B.

Where does The Rand Corporation 401(a) Qualified Retirement Plan rank by assets among Form 5500 filers? ▼

The Rand Corporation 401(a) Qualified Retirement Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Money Purchase plans are similar in size to The Rand Corporation 401(a) Qualified Retirement Plan? ▼

Among Money Purchase plans in other states, the closest by assets is Hawaii Carpenters Financial Security Fund in HI ($662M, 4,066 participants).

Next read for The Rand Corporation 401(a) Qualified Re…

Filing takeaways

Ways to act on The Rand Corporation 401(a) Qualified Retirement Plan's numbers.

By total assets, The Rand Corporation 401(a) Qualified 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 Money Purchase plans in California. Compare plans
The Rand Corporation's sponsor-wide assets have grown 27.5% since 2022 across 3 plan years on file. More Other Services 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 951958142.