401(k) · DOL Form 5500 · 2022

Worksmart Systems, Inc. 401(k) Plan

Data updated 2026-08-06

$208M
Total assets
5,236
Participants
96th
Percentile by assets
$39,717
Avg per participant
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Official DOL plan name: Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust · Sponsored by Worksmart Systems, Inc. · Indiana · Professional & Technical Services

$208M in assets, 5,236 participants

Worksmart Systems, Inc.'s Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reported $208M in total assets and 5,236 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,258 plans)
  • #20,892 in Professional & Technical Services (21,577 peers)

Coverage in Indiana

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust covers 5,236 participants in Indiana, 9.4x the typical Indiana plan (state average ~555 per filing). Assets: $208M.

$208M
total plan assets (2022 EOY)
5,236
covered participants
96th
percentile by assets (of 139,258 plans)
$39,717
avg assets per participant

The plan reported a net loss of $20M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Indiana filers

In Indiana, the average filing covers about 555 participants across 2,178 plans. Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reports 5,236 participants - 9.4x that state average ($208M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$210M
Net Assets (End of Year)$208M
Net Income-$20M
Employer EIN352060071
Plan Effective Date1999-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Worksmart Systems, Inc.)

$150M$200M$250M$300M$350M 202220232024 $208M $328M ▲ +57.6%
Total plan assets by year, all Worksmart Systems, Inc. plans on file
Year Plans Participants Total Assets
2022 1 5,236 $208M
2023 1 5,477 $259M
2024 1 6,153 $328M

Nearby 401(k) Plans in Indiana

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

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -50510 Total assets ($B) Participants Worksmart Systems, I…Elevance Health 401(…The Lilly Employee 4…Cummins Retirement a…Iu Health 401(k) Sav…Steel Dynamics, Inc.…
Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants

Scale composition for Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reports $208M in end-of-year assets across 5,236 participants (0.002% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.006% of 89,805,449 covered participants) - about $39,717 per participant (29% of the national average assets-per-participant) . Net income for plan year 2022 was -$20M.

This plan identity (EIN 352060071, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $208M to $328M (+57.6%) while covered participants moved from 5,236 to 6,153 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,236 $208M This page
2023 5,477 $259M Open filing
2024 · index core 6,153 $328M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust assets move in 2022?
Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust held essentially flat - down 0.8% during 2022, from $210M to $208M. Reported net income was -$20M.
How have Worksmart Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Worksmart Systems, Inc.'s sponsor-wide assets grew 57.6%, from $208M to $328M.
Where does Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust rank by assets among Form 5500 filers?
Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust ranks in the 96th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Hormel Foods Corporation Tax Deferred Investment Plan B in MN ($208M, 3,072 participants).

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Filing takeaways

Ways to act on Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust's numbers.