Massachusetts › Arts, entertainment and recreation › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Dec 2024 to 30 Nov 2025
National Amusements Pension Plan
Sponsored by National Amusements, Inc. N/k/a Harbor Lights Entertainment, Inc., Norwood, MA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
National Amusements Pension Plan is a defined benefit pension plan sponsored by National Amusements, Inc. N/k/a Harbor Lights Entertainment, Inc. of Norwood, Massachusetts. For the plan year ending 30 Nov 2025 it reported 1,356 participants, 420 of them active, and net assets of $135M.
Net assets came to $99,509 per participant, above the $87,371 median for defined benefit plans with 1,000 to 4,999 participants and close to the $99,509 median for defined benefit plans in arts, entertainment and recreation. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $372K: $274 per participant, below the same-size median of $324. Administrative expenses charged to the plan were $389K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $99.9M in 2018 to $135M in 2024 (up 35%), and participants from 1,704 to 1,356 (down 20%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $99,509 | $87,371 | $99,509 | $86,073 |
| Employer contributions per active participant | — | $10,551 | $8,490 | $10,170 |
| Schedule C compensation per participant | $274 | $324 | $435 | $344 |
| Schedule C compensation, share of net assets | 0.28% | 0.41% | 0.48% | 0.43% |
| Administrative expenses per participant | $287 | $513 | $711 | $526 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,558 plans), arts, entertainment and recreation (121) and all US plans (5,366). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 1,356 | $135M | $99,509 | — | — | $372K |
| 2023 | 1,385 | $132M | $95,210 | — | — | $414K |
| 2022 | 1,436 | $121M | $84,221 | $3.0M | — | $334K |
| 2021 | 1,341 | $118M | $87,754 | $4.8M | — | $109K |
| 2020 | 1,341 | $129M | $96,115 | $7.0M | — | $112K |
| 2019 | 1,569 | $111M | $70,948 | $6.3M | — | $81K |
| 2018 | 1,704 | $99.9M | $58,627 | $5.5M | — | $114K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$131,866,116
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$8,385,521
- Benefits paid$4,929,003
- Administrative expenses$388,810
- Total expenses$5,317,813
- Net income$3,067,708
- Net transfers$0
- Net assets, end of year$134,933,824
Participants
- Active participants420
- Retired or separated, receiving benefits355
- Retired or separated, entitled to future benefits525
- Total participants, end of year1,356
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Morgan Stanley Smith Barney | Investment advisory (plan) | $281,442 | $0 |
| First State Trust Company | Shareholder servicing fees; Sub-transfer agency fees; Distribution (12b-1) fees | $90,151 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$281,442
- Recordkeeping fees$90,151
- Other administrative expenses$10,875
- Other trustee fees and expenses$6,342
- Total administrative expenses$388,810
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$111M · 82.3%
- Corporate stocks$18.0M · 13.3%
- Partnership/joint venture interests$4.9M · 3.6%
- Cash (interest and non-interest bearing)$1.0M · 0.8%
- Receivables$21K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmKLR Ltd.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $10,000,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 713900: Other Amusement & Recreation Industries (including golf courses, skiing facilities, marinas, fitness centers, & bowling centers).
Other plans of National Amusements, Inc. N/k/a Harbor Lights Entertainment, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| National Amusements 401(k) Plan | 1,328 | $99.0M |
Similar plans in Massachusetts
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Major League Baseball Pension Plan for Non-Uniformed Personnel | Boston Red Sox Baseball Club Limited Partnership | 550 | $53.9M | $98,070 |
| Pension Fund of Local 11, IATSE | IATSE Local 11, Pension Fund | 548 | $66.5M | $121,382 |
| Retirement Plan for the Staff Employees of the Boston Symphony Orchestra, Inc. | Boston Symphony Orchestra, Inc. | 307 | $39.2M | $127,735 |
| Boston Symphony Orchestra Pension Institution | Boston Symphony Orchestra, Inc. | 192 | $80.1M | $417,371 |
| New England Aquarium Corporation Pension Plan | New England Aquarium Corporation | 126 | $4.6M | $36,888 |
Defined benefit plans in arts, entertainment and recreation closest in size.
Questions and answers
How big is National Amusements Pension Plan?
1,356 participants at the end of the plan year ending 30 Nov 2025, of whom 420 were active employees, with net assets of $134,933,824. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,558 plans in plan year 2024.
What does National Amusements, Inc. N/k/a Harbor Lights Entertainment, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $371,593 in compensation to service provider organisations, $274 per participant or 0.28% of net assets. The same-size median among plans reporting any Schedule C compensation was $324 per participant. Administrative expenses on Schedule H were $388,810. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is National Amusements, Inc. N/k/a Harbor Lights Entertainment, Inc.. Investment advisory or management: Morgan Stanley Smith Barney. The financial statements were audited by KLR Ltd.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Dec 2024 to 30 Nov 2025, received by the Department of Labor on 15 Sep 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Sep 2026. This page shows the latest filing on record for EIN 04-2261332, plan 001, received 15 Sep 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.