Defined Benefit (Pension) · DOL Form 5500 · 2024
Institution for Savings in Newburyport Pension Plan
Data updated 2026-08-25
- $72M
- Total assets Below avg plan size
- 162
- Participants Small participant base
- 88th
- Percentile by assets National rank
- $442,410
- Avg per participant High balance/head
Official DOL plan name: The Defined Benefit Plan of the Institution for Savings in Newburyport · Sponsored by Institution for Savings in Newburyport · Massachusetts · Finance & Insurance
$72M in assets, 162 participants
Institution for Savings in Newburyport's The Defined Benefit Plan of the Institution for Savings in Newburyport reported $72M in total assets and 162 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.
- #6,932 in Finance & Insurance (8,549 peers)
Coverage in Massachusetts
The Defined Benefit Plan of the Institution for Savings in Newburyport covers 162 participants in Massachusetts, about 25% of the average Massachusetts filer (state average ~659 per filing). Assets: $72M.
- #6,932
- in Finance & Insurance (8,549 peers)
- +9.8%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
The Defined Benefit Plan of the Institution for Savings in Newburyport's outsized position by total assets
The Defined Benefit Plan of the Institution for Savings in Newburyport vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$71,670,350 Top 12% higher than 88% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
The Defined Benefit Plan of the Institution for Savings in Newburyport among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Defined Benefit Plan of the Institution for Savings in Newburyport sits mid-pack in the medium band (162 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Defined Benefit Plan of the Institution for Savings in Newburyport reported net income fell from $16M in the plan year 2023 filing to $6M in the plan year 2024 filing.
- The Defined Benefit Plan of the Institution for Savings in Newburyport end-of-year assets rose from $65M in the plan year 2023 filing to $72M in the plan year 2024 filing.
- The Defined Benefit Plan of the Institution for Savings in Newburyport reported participants rose from 154 in the plan year 2023 filing to 162 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 921546128 · Institution for Savings in Newburyport PY 2024 · Defined Benefit (Pension)
The Defined Benefit Plan of the Institution for Savings in Newburyport · $72M · 162 · 88th
- NET $72M
- NET 162
- NET 88th
- NET Defined Benefit (Pension)
- NET near Retirement Plan for Employees of Meadville Medical Center
- NET ind #6932
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Massachusetts →
The Defined Benefit Plan of the Institution for Savings in Newburyport in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $65M |
|---|---|
| Net Assets (End of Year) | $72M |
| Net Income | $6M |
| Employer EIN | 921546128 |
| Plan Effective Date | 1981-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Institution for Savings in Newburyport)
Sponsor-wide plan assets over time
All Institution for Savings in Newburyport plans reported in each filing year
- Latest sponsor-wide plan assets
- $72M 44.61710503071156% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 154 | $50M |
| 2023 | 1 | 154 | $65M |
| 2024 | 1 | 162 | $72M |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $11.6B · 60,621
- New England Teamsters Pension Fund $9.1B · 21,577
- Liberty Mutual Retirement Benefit Plan $6.3B · 34,910
- Massachusetts Institute of Technology Basic Retirement Plan $5.9B · 12,533
- N. Atlantic States Carp. Pension Fund $5.1B · 16,946
The Defined Benefit Plan of the Institution for Savings in Newburyport's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Meadville Medical Center in PA ($72M); by covered participants it is Sheet Metal Workers Intn Local 17nh Pension Plan in CT (162 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($72M here).
Similar participant headcount
Nearest other-state filings by covered participants (162 participants); asset peers above are excluded.
- Sheet Metal Workers Intn Local 17nh Pension Plan (CT) 162 · 0 off
- Pension Plan for Employees of York Hospital (ME) 162 · 0 off
- Davis Polk Partner Defined Benefit Pension Plan (NY) 162 · 0 off
- Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) (VA) 162 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.