Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Berklee College of Music, Inc. Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Berklee College of Music, Inc. · Massachusetts · Educational Services

What the 2023 filing shows

Berklee College of Music, Inc. Retirement Plan holds $104M for 291 participants — about $357,217 per participant, up 4.8% over the 2024 plan year.

$104M
total plan assets (2024 EOY)
291
covered participants
$357,217
avg assets per participant
+4.8%
assets growth YoY
Total Assets (2023)
$104M
Participants
291
Industry
Educational Services

What the Filing Says About Berklee College of Music, Inc. Retirement Plan

Berklee College of Music, Inc. Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Berklee College of Music, Inc., headquartered in Massachusetts. As of the 2024 Form 5500 filing, the plan reports $104M in total end-of-year assets and covers 291 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 042300472, and the plan has been effective since 1959-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $99M at the beginning of 2024 to $104M at year-end — a gain of 4.8%. Net assets (after liabilities) closed the year at $104M, with reported net income of $5M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$99M
Total Assets (End of Year)$104M
Net Assets (End of Year)$104M
Net Income$5M
Plan TypeDefined Benefit (Pension)
Employer EIN042300472
Plan Effective Date1959-02-01
Filing StatusFILING RECEIVED

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

Year Plans Participants Total Assets
2022 2 2,071 $326M
2023 2 1,342 $365M
2024 2 1,233 $407M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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Frequently Asked Questions

How much money is in the Berklee College of Music, Inc. Retirement Plan?
As of the 2024 Form 5500 filing, Berklee College of Music, Inc. Retirement Plan holds $104M in total assets with 291 participants. It is sponsored by Berklee College of Music, Inc..
What type of plan is Berklee College of Music, Inc. Retirement Plan?
Berklee College of Music, Inc. Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1959-02-01. The plan is filed with the U.S. Department of Labor under EIN 042300472.
Who sponsors the Berklee College of Music, Inc. Retirement Plan?
Berklee College of Music, Inc. Retirement Plan is sponsored by Berklee College of Music, Inc., located in Massachusetts. The sponsor's EIN is 042300472 and the plan operates in the Educational Services industry.
How did Berklee College of Music, Inc. Retirement Plan perform in 2024?
Berklee College of Music, Inc. Retirement Plan grew by 4.8% during 2024, moving from $99M to $104M in total assets. Net income was $5M.
Where can I find official filings for Berklee College of Music, Inc. Retirement Plan?
Official Form 5500 filings for Berklee College of Music, Inc. Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042300472 or plan name at efast.dol.gov.
How does Berklee College of Music, Inc. Retirement Plan compare to other plans?
You can compare Berklee College of Music, Inc. Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 042300472.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.