Defined Benefit (Pension) · DOL Form 5500 · 2024

Boston Shipping Association, Inc Pension Plan

Data updated 2026-08-25

$111M
Total assets Near avg plan size
277
Participants Below avg headcount
91st
Percentile by assets National rank
$399,907
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#2,942
in Transportation & Warehousing (3,299 peers)
+2.8%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Bsa-Ila Pension Plan's outsized position by total assets

Bsa-Ila Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$110,774,232 Top 9% higher than 91% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Bsa-Ila Pension Plan 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. Bsa-Ila Pension Plan sits mid-pack in the medium band (277 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 042034907 · Boston Shipping Association, Inc PY 2024 · Defined Benefit (Pension)

Bsa-Ila Pension Plan · $111M · 277 · 91st

  • PHOTO $111M
  • PHOTO 277
  • PHOTO 91st
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Sunward Federal Credit Union Employees' Cash Balance Pension Plan
  • PHOTO ind #2942

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 Transportation & Warehousing retirement plans → · Plans in Massachusetts →

Bsa-Ila Pension Plan in the asset neighbourhood

Building Material Drivers Local 436 Pension FundBuilding Material Drivers Lo…$111MSunward Federal Credit Union Employees' Cash Balance Pension PlanSunward Federal Credit Union…$111MBsa-Ila Pension Plan$111MArentfox Schiff Flexible Deferral PlanArentfox Schiff Flexible Def…$111MEmblemhealth Services Company, LLC Employees' Retirement Plan and Trust IIEmblemhealth Services Compan…$111M
End-of-year total assets ($M) among Bsa-Ila Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$108M
Net Assets (End of Year)$111M
Net Income$3M
Employer EIN042034907
Plan Effective Date1950-12-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Boston Shipping Association, Inc)

Sponsor-wide plan assets over time

All Boston Shipping Association, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$174M 299.9438548194716% vs 2022
2024 filing year
$0M$50M$100M$150M$200M 202220232024 $43.4M $174M ▲ +299.9%
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 Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Bsa-Ila Pension Plan, Total assets ($B): 0.110774232 · Participants: 277Bsa-Ila Pension PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.093299462 · Participants: 21577New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States Carp. Pension Fund
Bsa-Ila Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Bsa-Ila Pension Plan side-by-side with 3 peers →

Bsa-Ila Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Sunward Federal Credit Union Employees' Cash Balance Pension Plan in NM ($111M); by covered participants it is Mcs Supplementary Pension Plan in MD (277 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (277 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bsa-Ila Pension Plan assets move in 2024? ▼
Bsa-Ila Pension Plan edged up modestly - up 2.8% during 2024, from $108M to $111M. Reported net income was $3M.
How have Boston Shipping Association, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Boston Shipping Association, Inc's sponsor-wide assets grew 299.9%, from $43M to $174M.
Where does Bsa-Ila Pension Plan rank by assets among Form 5500 filers? ▼
Bsa-Ila Pension Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Bsa-Ila Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sunward Federal Credit Union Employees' Cash Balance Pension Plan in NM ($111M, 373 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Bsa-Ila Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mcs Supplementary Pension Plan in MD (277 participants, $7M in assets).

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 042034907.

Read our methodology - how this data is sourced, computed, and verified.

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