Defined Benefit (Pension) · DOL Form 5500 · 2024
Trustees of Massachusetts Service Employees' Pension Fund Pension Plan
Data updated 2026-08-11
- $300M
- Total assets
- 12,813
- Participants
- 96th
- Percentile by assets
- $23,427
- Avg per participant
Official DOL plan name: Massachusetts Service Employees' Pension Fund · Sponsored by Trustees of Massachusetts Service Employees' Pension Fund · New York · Other Services
$300M in assets, 12,813 participants
Trustees of Massachusetts Service Employees' Pension Fund's Massachusetts Service Employees' Pension Fund reported $300M in total assets and 12,813 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 123,622 plans)
- #7,637 in Other Services (7,719 peers)
Coverage in New York
Massachusetts Service Employees' Pension Fund covers 12,813 participants in New York, 16x the typical New York plan (state average ~798 per filing). Assets: $300M.
- $300M
- total plan assets (2024 EOY)
- 12,813
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $23,427
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Massachusetts Service Employees' Pension Fund reported net income fell from $28M in the plan year 2023 filing to $24M in the plan year 2024 filing.
- Massachusetts Service Employees' Pension Fund end-of-year assets rose from $276M in the plan year 2023 filing to $300M in the plan year 2024 filing.
- Massachusetts Service Employees' Pension Fund reported participants rose from 12,718 in the plan year 2023 filing to 12,813 in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Massachusetts Service Employees' Pension Fund reports 12,813 participants - 16x that state average ($300M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $276M |
|---|---|
| Net Assets (End of Year) | $297M |
| Net Income | $24M |
| Employer EIN | 046344921 |
| Plan Effective Date | 1973-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Massachusetts Service Employees' Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 12,521 | $248M |
| 2023 | 1 | 12,718 | $276M |
| 2024 | 1 | 12,813 | $300M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Massachusetts Service Employees' Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Scale composition for Massachusetts Service Employees' Pension Fund
Massachusetts Service Employees' Pension Fund reports $300M in end-of-year assets across 12,813 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $23,427 per participant (17% of the national average assets-per-participant) . Net income for plan year 2024 was $24M.
This plan identity (EIN 046344921, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $248M to $300M (+21.0%) while covered participants moved from 12,521 to 12,813 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,521 | $248M | Open filing |
| 2023 | 12,718 | $276M | Open filing |
| 2024 · index core | 12,813 | $300M | This page |
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Massachusetts Service Employees' Pension Fund by total assets, not by location.
Frequently Asked Questions
How did Massachusetts Service Employees' Pension Fund assets move in 2024? ▼
How have Trustees of Massachusetts Service Employees' Pension Fund plan assets changed over time? ▼
Where does Massachusetts Service Employees' Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Massachusetts Service Employees' Pension Fund? ▼
Next read for Massachusetts Service Employees' Pension…
Filing takeaways
Ways to act on Massachusetts Service Employees' Pension Fund's numbers.
- By total assets, Massachusetts Service Employees' Pension Fund 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 New York. Compare plans
- Trustees of Massachusetts Service Employees' Pension Fund's sponsor-wide assets have grown 21.0% since 2022 across 3 plan years on file. More Other Services plans