Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Massachusetts Institute Of Technology Supplemental 401(K) Plan is a benefit plan reported by Massachusetts Institute Of Technology under EIN 04-2103594 and plan number 005. The latest loaded filing year is 2023. The filing reports 25,951 participants and $6,829,912,863 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,829,912,863
- Total liabilities (EOY)
- $2,457,836
- Net assets (EOY)
- $6,827,455,027
- Net assets (BOY)
- $5,808,746,066
Income & contributions
- Employer contributions
- $80,038,030
- Participant contributions
- $156,127,372
- Total contributions
- $254,872,739
- Total income / additions
- $1,327,308,919
Expenses & distributions
- Benefits paid
- $307,495,080
- Administrative expenses
- $771,468
- Total expenses
- $308,599,958
- Net increase / (decrease)
- $1,018,708,961