Massachusetts › Health care and social assistance › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Children's Hospital Corporation Pension Plan
Sponsored by The Children's Hospital Corporation, Boston, 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.
The Children's Hospital Corporation of Boston, Massachusetts sponsors Children's Hospital Corporation Pension Plan, a cash balance pension plan. Its Form 5500 for the plan year ending 31 Dec 2025 shows 18,514 participants (11,721 active) and $1.08B in net assets.
Net assets came to $59,141 per participant in plan year 2024, well below the $87,623 median for defined benefit plans with 5,000 to 24,999 participants and close to the $62,049 median for defined benefit plans in health care and social assistance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $29.2M for the year ($2,493 per active participant) and benefits paid were $118M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 6 service provider organisations paid $5,000 or more, with reported compensation of $2.0M: $110 per participant, well below the same-size median of $232. Administrative expenses charged to the plan were $3.9M. 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 $346M in 2009 to $1.08B in 2025 (up 212%), and participants from 7,658 to 18,514 (up 142%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $59,141 | $87,623 | $62,049 | $86,221 |
| Employer contributions per active participant | $2,461 | $9,468 | $7,491 | $10,244 |
| Schedule C compensation per participant | $169 | $232 | $248 | $344 |
| Schedule C compensation, share of net assets | 0.28% | 0.30% | 0.39% | 0.42% |
| Administrative expenses per participant | $273 | $396 | $427 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 5,000 to 24,999 participants (651 plans), health care and social assistance (542) and all US plans (5,308). 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 |
|---|---|---|---|---|---|---|
| 2025 | 18,514 | $1.08B | $58,260 | $29.2M | — | $2.0M |
| 2024 | 17,341 | $1.03B | $59,141 | $27.0M | — | $2.9M |
| 2023 | 16,336 | $935M | $57,215 | $26.3M | — | $2.1M |
| 2022 | 14,926 | $849M | $56,885 | $11.9M | — | $1.6M |
| 2021 | 14,183 | $976M | $68,805 | $26.1M | — | $1.6M |
| 2020 | 13,869 | $873M | $62,970 | $26.7M | — | $1.1M |
| 2019 | 12,943 | $744M | $57,486 | $24.4M | — | $1.2M |
| 2018 | 12,288 | $653M | $53,154 | $34.6M | — | $1.5M |
| 2017 | 11,791 | $662M | $56,118 | $20.6M | — | $1.4M |
| 2016 | 11,065 | $582M | $52,553 | $28.0M | — | $1.6M |
| 2015 | 10,357 | $532M | $51,411 | $18.1M | — | $1.7M |
| 2014 | 9,786 | $546M | $55,807 | $18.0M | — | $1.9M |
| 2013 | 9,342 | $527M | $56,412 | $18.4M | — | $2.0M |
| 2012 | 9,216 | $478M | $51,862 | $20.9M | — | $1.5M |
| 2011 | 8,681 | $425M | $48,983 | $21.6M | — | $1.7M |
| 2010 | 8,130 | $426M | $52,344 | $47.7M | — | $1.7M |
| 2009 | 7,658 | $346M | $45,138 | $41.2M | — | $1.3M |
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$1,025,569,790
- Employer contributions$29,217,457
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$29,217,457
- Total income, including investment results$174,744,735
- Benefits paid$117,783,145
- Administrative expenses$3,912,719
- Total expenses$121,695,864
- Net income$53,048,871
- Net transfers$0
- Net assets, end of year$1,078,618,661
Participants
- Active participants11,721
- Retired or separated, receiving benefits895
- Retired or separated, entitled to future benefits5,823
- Total participants, end of year18,514
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Mercer | Actuarial | $1,133,761 | $0 |
| Conifer Fund Services | Custodial (other than securities); Investment management | $351,080 | $0 |
| Wellington Management Company, LLP | Investment management fees paid directly by plan | $279,000 | $0 |
| Boston Partner Global (Robeco) | Investment management | $107,565 | $0 |
| The Bank of New York Mellon | Custodial (other than securities); Investment management | $86,503 | $0 |
| Ernst & Young US LLP | Accounting (including auditing) | $69,739 | $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
- Other administrative expenses$1,931,559
- Actuarial fees$1,133,761
- Trustee and custodial fees$437,584
- Investment advisory and management fees$340,076
- IQPA audit fees$69,739
- Total administrative expenses$3,912,719
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.
- Partnership/joint venture interests$699M · 64.7%
- Corporate stocks$206M · 19.1%
- Corporate debt instruments$82.6M · 7.6%
- Other investments$39.2M · 3.6%
- Receivables$20.6M · 1.9%
- Registered investment companies (mutual funds)$19.8M · 1.8%
- Common/collective trusts$10.8M · 1.0%
- Cash (interest and non-interest bearing)$2.0M · 0.2%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $10,000,000
- Blackout period during the yearNo
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 related1CCash balance or similar plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 622000: Hospitals.
Other plans of The Children's Hospital Corporation
| Plan | Participants | Net assets |
|---|---|---|
| The Children's Hospital Corporation Tax-Deferred Annuity Plan | 26,644 | $1.92B |
| The Children's Hospital Corporation Joint Appointees Retirement Plan | 1,989 | $271M |
Similar plans in Massachusetts
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Consolidated Cash Balance Program of Mass General Brigham and Member Organizations | Mass General Brigham Incorporated | 96,507 | $11.6B | $120,057 |
| Umass Memorial Health Care Pension Plan | Umass Memorial Health Care, Inc. | 14,897 | $1.29B | $86,379 |
| Beth Israel Lahey Health Defined Benefit Plan I | Beth Israel Lahey Health, Inc. | 13,755 | $703M | $51,094 |
| Fresenius Medical Care North America Retirement Plan | National Medical Care, Inc. | 13,431 | $326M | $24,264 |
| Beth Israel Lahey Health Defined Benefit Plan II | Beth Israel Lahey Health, Inc. | 5,765 | $546M | $94,683 |
| Sturdy Memorial Hospital Inc. Retirement Plan | Sturdy Memorial Hospital Inc. | 2,962 | $409M | $138,219 |
Defined benefit plans in health care and social assistance closest in size.
Questions and answers
How big is Children's Hospital Corporation Pension Plan?
18,514 participants at the end of the plan year ending 31 Dec 2025, of whom 11,721 were active employees, with net assets of $1,078,618,661. Among defined benefit plans that places it in the 5,000 to 24,999 participants band, which held 651 plans in plan year 2024.
What does The Children's Hospital Corporation contribute per participant?
The filing reports $29,217,457 in employer contributions for the year, which is $2,493 per active participant; the median for plans of the same type and size was $9,468 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $2,027,648 in compensation to service provider organisations, $110 per participant or 0.19% of net assets. The same-size median among plans reporting any Schedule C compensation was $232 per participant. Administrative expenses on Schedule H were $3,912,719. 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 The Children's Hospital Corporation. Investment advisory or management: Conifer Fund Services, Boston Partner Global (Robeco) and The Bank of New York Mellon. Trustee or custodian: Conifer Fund Services and The Bank of New York Mellon. 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. 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 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 12 Aug 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 Aug 2026. This page shows the latest filing on record for EIN 04-2774441, plan 001, received 12 Aug 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.