Profit Sharing · DOL Form 5500 · 2022

Elder Services of Worcester Ar Profit Sharing Plan

Data updated 2026-08-11

$12M
Total assets
198
Participants
68th
Percentile by assets
$59,819
Avg per participant
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Official DOL plan name: 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. · Sponsored by Elder Services of Worcester Ar · Massachusetts · Healthcare & Social Assistance

$12M in assets, 198 participants

Elder Services of Worcester Ar's 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. reported $12M in total assets and 198 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • 68th percentile by assets (of 139,126 plans)
  • #14,723 in Healthcare & Social Assistance (20,060 peers)

Coverage in Massachusetts

403(b) Thrift Plan of Elder Services of Worcester Area, Inc. covers 198 participants in Massachusetts, about 30% of the average Massachusetts filer (state average ~659 per filing). Assets: $12M.

$12M
total plan assets (2022 EOY)
198
covered participants
68th
percentile by assets (of 139,126 plans)
$59,819
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. reports 198 participants - about 30% of that state average ($12M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$12M
Net Income-$1M
Employer EIN042545221
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elder Services of Worcester Ar)

$10M$12M$14M$16M$18M 202220232024 $11.8M $16.1M ▲ +35.6%
Total plan assets by year, all Elder Services of Worcester Ar plans on file
Year Plans Participants Total Assets
2022 1 198 $12M
2023 1 264 $14M
2024 1 296 $16M

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

403(b) Thrift Plan of Elder Services of Worcester Area, Inc. vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

403(b) Thrift Plan of Elder Services of Worcester Area, Inc. vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants 403(b) Thrift Plan o…Consolidated 403(b) …Demoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …
403(b) Thrift Plan of Elder Services of Worcester Area, Inc. vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. by total assets, not by location.

Frequently Asked Questions

How did 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. assets move in 2022?
403(b) Thrift Plan of Elder Services of Worcester Area, Inc. pulled back noticeably - down 9.8% during 2022, from $13M to $12M. Reported net income was -$1M.
How have Elder Services of Worcester Ar plan assets changed over time?
Across 3 plan years on file (2022-2024), Elder Services of Worcester Ar's sponsor-wide assets grew 35.5%, from $12M to $16M.
Which Profit Sharing plans are similar in size to 403(b) Thrift Plan of Elder Services of Worcester Area, Inc.?
Among Profit Sharing plans in other states, the closest by assets is 401(a) Profit-Sharing Plan for Employees of Evident Change in CA ($12M, 100 participants).

Next read for 403(b) Thrift Plan of Elder Services of …

Filing takeaways

Ways to act on 403(b) Thrift Plan of Elder Services of Worcester Area, Inc.'s numbers.