401(k)
2022 plan-year 401(k) DOL Form 5500

Performance Services, Inc. Thrift Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Performance Services, Inc. · Indiana · Construction

What the 2023 filing shows

Performance Services, Inc. Thrift Plan holds $31M for 209 participants — about $150,370 per participant, down 10.6% over the 2022 plan year.

$31M
total plan assets (2022 EOY)
209
covered participants
$150,370
avg assets per participant
-10.6%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$31M
Participants
209
State
Industry
Construction

What the Filing Says About Performance Services, Inc. Thrift Plan

Performance Services, Inc. Thrift Plan is a 401(k) retirement plan sponsored by Performance Services, Inc., headquartered in Indiana. As of the 2022 Form 5500 filing, the plan reports $31M in total end-of-year assets and covers 209 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 352047928, and the plan has been effective since 1999-12-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $35M at the beginning of 2022 to $31M at year-end — a decline of 10.6%. Net assets (after liabilities) closed the year at $31M, with reported net income of $-3,716,508 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$35M
Total Assets (End of Year)$31M
Net Assets (End of Year)$31M
Net Income$-3,716,508
Plan Type401(k)
Employer EIN352047928
Plan Effective Date1999-12-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Performance Services, Inc.)

Year Plans Participants Total Assets
2022 1 209 $31M
2023 1 239 $41M
2024 1 281 $52M

Nearby 401(k) Plans in Indiana

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

Frequently Asked Questions

How much money is in the Performance Services, Inc. Thrift Plan?
As of the 2022 Form 5500 filing, Performance Services, Inc. Thrift Plan holds $31M in total assets with 209 participants. It is sponsored by Performance Services, Inc..
What type of plan is Performance Services, Inc. Thrift Plan?
Performance Services, Inc. Thrift Plan is a 401(k) plan. It has been effective since 1999-12-30. The plan is filed with the U.S. Department of Labor under EIN 352047928.
Who sponsors the Performance Services, Inc. Thrift Plan?
Performance Services, Inc. Thrift Plan is sponsored by Performance Services, Inc., located in Indiana. The sponsor's EIN is 352047928 and the plan operates in the Construction industry.
How did Performance Services, Inc. Thrift Plan perform in 2022?
Performance Services, Inc. Thrift Plan declined by 10.6% during 2022, moving from $35M to $31M in total assets. Net income was $-3,716,508.
Where can I find official filings for Performance Services, Inc. Thrift Plan?
Official Form 5500 filings for Performance Services, Inc. Thrift Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 352047928 or plan name at efast.dol.gov.
How does Performance Services, Inc. Thrift Plan compare to other plans?
You can compare Performance Services, Inc. Thrift Plan against other 401(k) plans on the plan type page, or view plans in Indiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 352047928.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.