Defined Benefit (Pension) · DOL Form 5500 · 2024
Boston Shipping Association, Inc Pension Plan
Data updated 2026-08-11
- $111M
- Total assets
- 277
- Participants
- 91st
- Percentile by assets
- $399,907
- Avg per participant
Official DOL plan name: Bsa-Ila Pension Plan · Sponsored by Boston Shipping Association, Inc · Massachusetts · Transportation & Warehousing
$111M in assets, 277 participants
Boston Shipping Association, Inc's Bsa-Ila Pension Plan reported $111M in total assets and 277 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 123,622 plans)
- #2,942 in Transportation & Warehousing (3,299 peers)
Coverage in Massachusetts
Bsa-Ila Pension Plan covers 277 participants in Massachusetts, about 42% of the average Massachusetts filer (state average ~659 per filing). Assets: $111M.
- $111M
- total plan assets (2024 EOY)
- 277
- covered participants
- 91st
- percentile by assets (of 123,622 plans)
- $399,907
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Bsa-Ila Pension Plan reported net income fell from $13M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Bsa-Ila Pension Plan reported participants rose from 244 in the plan year 2023 filing to 277 in the plan year 2024 filing.
- Bsa-Ila Pension Plan end-of-year assets rose from $108M in the plan year 2023 filing to $111M in the plan year 2024 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Bsa-Ila Pension Plan reports 277 participants - about 42% of that state average ($111M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $108M |
|---|---|
| Net Assets (End of Year) | $111M |
| Net Income | $3M |
| Employer EIN | 042034907 |
| Plan Effective Date | 1950-12-21 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Boston Shipping Association, Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 380 | $43M |
| 2023 | 3 | 627 | $162M |
| 2024 | 3 | 657 | $174M |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Bsa-Ila Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
- 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Bsa-Ila Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Bsa-Ila Pension Plan assets move in 2024? ▼
How have Boston Shipping Association, Inc plan assets changed over time? ▼
Where does Bsa-Ila Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Bsa-Ila Pension Plan? ▼
Next read for Bsa-Ila Pension Plan
Filing takeaways
Ways to act on Bsa-Ila Pension Plan's numbers.
- By total assets, Bsa-Ila Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
- Boston Shipping Association, Inc's sponsor-wide assets have grown 299.9% since 2022 across 3 plan years on file. More Transportation & Warehousing plans