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

Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust

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

Sponsored by Sentinel Benefits Group, Inc. · Massachusetts · Professional & Technical Services

What the 2023 filing shows

Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust holds $49M for 236 participants — about $206,165 per participant, down 12.0% over the 2022 plan year.

$49M
total plan assets (2022 EOY)
236
covered participants
$206,165
avg assets per participant
-12.0%
assets change YoY

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.

Total Assets (2023)
$49M
Participants
236
Industry
Professional & Technical Services

What the Filing Says About Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust

Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust is a 401(k) retirement plan sponsored by Sentinel Benefits Group, Inc., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $49M in total end-of-year assets and covers 236 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 043015875, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $55M at the beginning of 2022 to $49M at year-end — a decline of 12.0%. Net assets (after liabilities) closed the year at $49M, with reported net income of $-6,648,540 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)$55M
Total Assets (End of Year)$49M
Net Assets (End of Year)$49M
Net Income$-6,648,540
Plan Type401(k)
Employer EIN043015875
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sentinel Benefits Group, Inc.)

Year Plans Participants Total Assets
2022 1 236 $49M
2023 1 247 $59M
2024 1 273 $69M

Nearby 401(k) Plans in Massachusetts

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

Frequently Asked Questions

How much money is in the Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust?
As of the 2022 Form 5500 filing, Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust holds $49M in total assets with 236 participants. It is sponsored by Sentinel Benefits Group, Inc..
What type of plan is Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust?
Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust is a 401(k) plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 043015875.
Who sponsors the Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust?
Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust is sponsored by Sentinel Benefits Group, Inc., located in Massachusetts. The sponsor's EIN is 043015875 and the plan operates in the Professional & Technical Services industry.
How did Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust perform in 2022?
Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust declined by 12.0% during 2022, moving from $55M to $49M in total assets. Net income was $-6,648,540.
Where can I find official filings for Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust?
Official Form 5500 filings for Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 043015875 or plan name at efast.dol.gov.
How does Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust compare to other plans?
You can compare Sentinel Benefits Group, Inc. Profit Sharing & 401(k) Trust against other 401(k) plans on the plan type page, or view plans in Massachusetts 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 043015875.

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.