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Original filing (PDF)20250723140603NAL0004587456001
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
Form 5500
FILING_RECEIVED
MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN
Defined-benefit pension plan
Signals · 2
No recordkeeper disclosed10 service providers
Active participants
13,100
Accounts w/ balance
—
Plan assets (EOY)
$5.9B
Net assets (EOY)
$5.7B
Plan health score (directional)
87
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
80
Vendor stack
68
Participation health
100
Knocking points off
- 7 bps in Schedule C fees — modestly above peer band of 5 bps.
- No recordkeeper disclosed on Schedule C.
- Highly fragmented vendor stack (10 disclosed providers, 5 categories).
Helping the score
- Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MASSACHUSETTS INSTITUTE OF TECHNOLOGY.
Plan sponsor
Name
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
EIN
04-2103594
Address
77 MASSACHUSETTS AVENUE · NE49-3142 · CAMBRIDGE, MA · 02139
Phone
(617) 253-2734
Industry
Educational Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-23
Pension benefit codes
1A · Pay-related DB formula
1C · Cash balance or similar hybrid DB
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
PRICEWATERHOUSECOOPERS
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
10 rowsCustodian
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| STATE STREET BANK AND TRUST COMPANY | 04-1867445 | — | CUSTODIAN | $647K | — |
| THE BANK OF NEW YORK MELLON | 13-5160382 | — | CUSTODIAN | $21K | — |
Accountant / Auditor
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| HEDGESERVE CAYMAN LTD | 98-0577592 | — | INVESTMENT ACCOUNTING | $408K | — |
| NORTHEAST RETIREMENT SERVICES | 81-5140646 | — | INVESTMENT ACCOUNTING | $90K | — |
| PRICEWATERHOUSECOOPERS | 13-4008324 | — | AUDITOR | $69K | — |
Actuary
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WILLIS TOWERS WATSON | 25-1159360 | — | ACTUARY AND PENSION ADMIN | $2.4M | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GROOM LAW | 73-1471973 | — | ATTORNEY | $36K | — |
Other
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| KPMG LLP | 13-5565207 | — | TAX PREPARER | $432K | — |
| K1X | 88-3572428 | — | FINANCIAL SERVICES | $32K | — |
| CURCIO WEBB | 36-4171366 | — | CONSULTING (GENERAL) | $17K | — |
Investments
The Schedule of Assets is filed as a free-form PDF attachment on EFAST2; we parse these offline and coverage is partial (priority is the largest plans by EOY assets). This plan also reports no pooled (Schedule D) interests, so its holdings aren’t hidden on a master-trust filing. The line-item data lives on DOL EFAST2 under the same ACK_ID.
See Methodology > Data linkages for how Form 5500 / Schedule H / Schedule D / Schedule of Assets fit together.