401(k) · DOL Form 5500 · 2022

Headway Workforce Solutions, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
1,100
Participants Near avg headcount
73rd
Percentile by assets National rank
$13,918
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Headway Workforce Solutions, Inc. Salary Savings Plan · Sponsored by Headway Workforce Solutions, Inc. · North Carolina · Administrative & Support Services

$15M in assets, 1,100 participants

Headway Workforce Solutions, Inc.'s Headway Workforce Solutions, Inc. Salary Savings Plan reported $15M in total assets and 1,100 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • #4,290 in Administrative & Support Services (4,927 peers)

2022 asset change

Headway Workforce Solutions, Inc. Salary Savings Plan declined sharply 20.4% in 2022 ($19M → $15M) for 1,100 participants.

#4,290
in Administrative & Support Services (4,927 peers)
-20.4%
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.

Headway Workforce Solutions, Inc. Salary Savings Plan's outsized position by total assets

Headway Workforce Solutions, Inc. Salary Savings Plan vs every filed plan by assets

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

$15,309,918 Top 27% higher than 73% 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

Headway Workforce Solutions, Inc. Salary Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Headway Workforce Solutions, Inc. Salary Savings Plan lands in the large band (1,100 participants).

Plan-year Form 5500 strip

Filing strip 752134871 · Headway Workforce Solutions, Inc. PY 2022 · 401(k)

Headway Workforce Solutions, Inc. Salary Savings Plan · $15M · 1,100 · 73rd

  • RANK $15M
  • RANK 1,100
  • RANK 73rd
  • RANK 401(k)
  • RANK near Paytronix Systems, Inc. 401(k) Profit Sharing Plan
  • RANK ind #4290

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 Administrative & Support Services retirement plans → · Plans in North Carolina →

Headway Workforce Solutions, Inc. Salary Savings Plan in the asset neighbourhood

Headway Workforce Solutions, Inc. Salary Savings PlanHeadway Workforce Solutions,…$15MPaytronix Systems, Inc. 401(k) Profit Sharing PlanPaytronix Systems, Inc. 401(…$15MJasper Wyman & Son Profit Sharing and Savings PlanJasper Wyman & Son Profit Sh…$15MSmith Douglas Homes 401(k) PlanSmith Douglas Homes 401(k) P…$15MYale Appliance 401(k) Profit Sharing Plan and TrustYale Appliance 401(k) Profit…$15M
End-of-year total assets ($M) among Headway Workforce Solutions, Inc. Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Headway Workforce Solutions, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Headway Workforce Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 1.3223846136863697% vs 2022
2023 filing year
$15M$15.1M$15.2M$15.3M$15.4M 20222023 $15.3M $15.1M ▼ -1.3%
Year Plans Participants Total Assets
2022 1 1,100 $15M
2023 2 1,805 $15M

2022 asset-move particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$15M
Net Income-$4M
Employer EIN752134871
Plan Effective Date1993-05-10
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Headway Workforce Solutions, Inc. Salary Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Headway Workforce Solutions, Inc. Salary Savings Plan, Total assets ($B): 0.015309918 · Participants: 1100Headway Workforce Solutions, Inc. Salary Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Headway Workforce Solutions, Inc. Salary Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Headway Workforce Solutions, Inc. Salary Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Paytronix Systems, Inc. 401(k) Profit Sharing Plan in MA ($15M); by covered participants it is Members 1st Federal Credit Union 401(k) Savings Plan in PA (1,100 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,100 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 Headway Workforce Solutions, Inc. Salary Savings Plan assets move in 2022?
Headway Workforce Solutions, Inc. Salary Savings Plan declined sharply - down 20.4% during 2022, from $19M to $15M. Reported net income was -$4M.
How have Headway Workforce Solutions, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Headway Workforce Solutions, Inc.'s sponsor-wide assets declined 1.3%, from $15M to $15M.
Which 401(k) plans are similar in size to Headway Workforce Solutions, Inc. Salary Savings Plan?
Among 401(k) plans in other states, the closest by assets is Paytronix Systems, Inc. 401(k) Profit Sharing Plan in MA ($15M, 234 participants).
Which 401(k) plans cover a similar participant headcount to Headway Workforce Solutions, Inc. Salary Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Members 1st Federal Credit Union 401(k) Savings Plan in PA (1,100 participants, $105M in assets).