401(k) · DOL Form 5500 · 2022

Workforce Software, LLC 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
450
Participants Below avg headcount
88th
Percentile by assets National rank
$105,701
Avg per participant Below avg balance/head
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Official DOL plan name: Workforce Software, LLC 401(k) Plan · Sponsored by Workforce Software, LLC · Michigan · Professional & Technical Services

$48M in assets, 450 participants

Workforce Software, LLC's Workforce Software, LLC 401(k) Plan reported $48M in total assets and 450 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #19,095 in Professional & Technical Services (21,562 peers)

Where Workforce Software, LLC 401(k) Plan sits by assets

Workforce Software, LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $48M for 450 participants (~$105,701/participant), down 12.6% in 2022.

#19,095
in Professional & Technical Services (21,562 peers)
-12.6%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Workforce Software, LLC 401(k) Plan's outsized position by total assets

Workforce Software, LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$47,565,510 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Workforce Software, LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Workforce Software, LLC 401(k) Plan sits mid-pack in the medium band (450 participants).

Form 5500 schedule snapshot

Filing strip 453862733 · Workforce Software, LLC PY 2022 · 401(k)

Workforce Software, LLC 401(k) Plan · $48M · 450 · 88th

  • 5500 $48M
  • 5500 450
  • 5500 88th
  • 5500 401(k)
  • 5500 near Southern Bank 401(k) Retirement Plan
  • 5500 ind #19095

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Michigan →

Workforce Software, LLC 401(k) Plan in the asset neighbourhood

Workforce Software, LLC 401(k) PlanWorkforce Software, LLC 401(…$48MSouthern Bank 401(k) Retirement PlanSouthern Bank 401(k) Retirem…$48MMorgan Properties 401(k) Plan$48MPremier Medical Group,P.C.401(k) Profit Sharing PlanPremier Medical Group,P.C.40…$48MPhototype Engraving Company, Inc. Retirement Savings PlanPhototype Engraving Company,…$48M
End-of-year total assets ($M) among Workforce Software, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$48M
Net Income-$7M
Employer EIN453862733
Plan Effective Date2002-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Workforce Software, LLC)

Sponsor-wide plan assets over time

All Workforce Software, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$67M 41.784452642261165% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $47.6M $67.4M ▲ +41.8%
Year Plans Participants Total Assets
2022 1 450 $48M
2023 1 442 $59M
2024 2 855 $67M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Workforce Software, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Workforce Software, LLC 401(k) Plan, Total assets ($B): 0.04756551 · Participants: 450Workforce Software, LLC 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Workforce Software, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Workforce Software, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Southern Bank 401(k) Retirement Plan in MO ($48M); by covered participants it is Intellia Tx, Inc. 401(k) Plan in MA (450 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (450 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Workforce Software, LLC 401(k) Plan assets move in 2022?
Workforce Software, LLC 401(k) Plan pulled back noticeably - down 12.6% during 2022, from $54M to $48M. Reported net income was -$7M.
How have Workforce Software, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Workforce Software, LLC's sponsor-wide assets grew 41.8%, from $48M to $67M.
Where does Workforce Software, LLC 401(k) Plan rank by assets among Form 5500 filers?
Workforce Software, LLC 401(k) Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Workforce Software, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Southern Bank 401(k) Retirement Plan in MO ($48M, 501 participants).
Which 401(k) plans cover a similar participant headcount to Workforce Software, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Intellia Tx, Inc. 401(k) Plan in MA (450 participants, $31M in assets).