Other · DOL Form 5500 · 2024

Berklee College of Music, Inc. Retirement Plan

Data updated 2026-08-11

$303M
Total assets
942
Participants
96th
Percentile by assets
$321,409
Avg per participant
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Official DOL plan name: Berklee College of Music, Inc. 403(b) Retirement Savings Plan · Sponsored by Berklee College of Music, Inc. · Massachusetts · Educational Services

$303M in assets, 942 participants

Berklee College of Music, Inc.'s Berklee College of Music, Inc. 403(b) Retirement Savings Plan reported $303M in total assets and 942 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)
  • #3,388 in Educational Services (3,638 peers)

Where Berklee College of Music, Inc. 403(b) Retirement Savings Plan sits by assets

Berklee College of Music, Inc. 403(b) Retirement Savings Plan sits in the top 5% of all filed plans by assets, $303M for 942 participants (~$321,409/participant), up 14.0% in 2024.

$303M
total plan assets (2024 EOY)
942
covered participants
96th
percentile by assets (of 123,622 plans)
$321,409
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Berklee College of Music, Inc. 403(b) Retirement Savings Plan end-of-year assets rose from $266M in the plan year 2023 filing to $303M in the plan year 2024 filing.
  • Berklee College of Music, Inc. 403(b) Retirement Savings Plan reported participants fell from 1,028 in the plan year 2023 filing to 942 in the plan year 2024 filing.
  • Berklee College of Music, Inc. 403(b) Retirement Savings Plan reported net income rose from $35M in the plan year 2023 filing to $37M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Berklee College of Music, Inc. 403(b) Retirement Savings Plan vs the 2024 asset distribution

By assets, Berklee College of Music, Inc. 403(b) Retirement Savings Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$266M
Net Assets (End of Year)$303M
Net Income$37M
Employer EIN042300472
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Berklee College of Music, Inc.)

$300M$350M$400M$450M 202220232024 $326M $407M ▲ +24.7%
Total plan assets by year, all Berklee College of Music, Inc. plans on file
Year Plans Participants Total Assets
2022 2 2,071 $326M
2023 2 1,342 $365M
2024 2 1,233 $407M

Nearby Other Plans in Massachusetts

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

Berklee College of Music, Inc. 403(b) Retirement Savings Plan vs. nearby Other plans in Massachusetts, assets vs. participants

Berklee College of Music, Inc. 403(b) Retirement Savings Plan vs. nearby Other plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 012345 Total assets ($B) Participants Berklee College of M…Harvard University T…Beth Israel Lahey 40…Boston University Re…Northeastern Univers…Boston University Su…
Berklee College of Music, Inc. 403(b) Retirement Savings Plan vs. nearby Other plans in Massachusetts, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Berklee College of Music, Inc. 403(b) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Berklee College of Music, Inc. 403(b) Retirement Savings Plan assets move in 2024?
Berklee College of Music, Inc. 403(b) Retirement Savings Plan grew at a solid clip - up 14.0% during 2024, from $266M to $303M. Reported net income was $37M.
How have Berklee College of Music, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Berklee College of Music, Inc.'s sponsor-wide assets grew 24.7%, from $326M to $407M.
Where does Berklee College of Music, Inc. 403(b) Retirement Savings Plan rank by assets among Form 5500 filers?
Berklee College of Music, Inc. 403(b) Retirement Savings Plan ranks in the 96th 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 Other plans are similar in size to Berklee College of Music, Inc. 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by assets is Connecticut College Defined Contribution and Tda Retirement Plan in CT ($302M, 660 participants).

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Ways to act on Berklee College of Music, Inc. 403(b) Retirement Savings Plan's numbers.

  • By total assets, Berklee College of Music, Inc. 403(b) Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Other plans in Massachusetts. Compare plans
  • Berklee College of Music, Inc.'s sponsor-wide assets have grown 24.7% since 2022 across 3 plan years on file. More Educational Services plans