Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Greater Lawrence Family Health Center 403(b) Plan

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

Sponsored by Greater Lawrence Family Health Center, Inc. · Massachusetts · Healthcare & Social Assistance

What the 2023 filing shows

Greater Lawrence Family Health Center 403(b) Plan holds $42M for 769 participants — about $54,138 per participant, down 12.2% over the 2022 plan year.

$42M
total plan assets (2022 EOY)
769
covered participants
$54,138
avg assets per participant
-12.2%
assets change YoY

The plan reported a net loss of $6M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$42M
Participants
769
Industry
Healthcare & Social Assistance

What the Filing Says About Greater Lawrence Family Health Center 403(b) Plan

Greater Lawrence Family Health Center 403(b) Plan is a Profit Sharing retirement plan sponsored by Greater Lawrence Family Health Center, Inc., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $42M in total end-of-year assets and covers 769 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 042708824, and the plan has been effective since 2007-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $47M at the beginning of 2022 to $42M at year-end — a decline of 12.2%. Net assets (after liabilities) closed the year at $42M, with reported net income of $-5,761,915 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)$47M
Total Assets (End of Year)$42M
Net Assets (End of Year)$42M
Net Income$-5,761,915
Plan TypeProfit Sharing
Employer EIN042708824
Plan Effective Date2007-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Greater Lawrence Family Health Center, Inc.)

Year Plans Participants Total Assets
2022 1 769 $42M
2023 1 738 $49M
2024 1 739 $58M

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Greater Lawrence Family Health Center 403(b) Plan?
As of the 2022 Form 5500 filing, Greater Lawrence Family Health Center 403(b) Plan holds $42M in total assets with 769 participants. It is sponsored by Greater Lawrence Family Health Center, Inc..
What type of plan is Greater Lawrence Family Health Center 403(b) Plan?
Greater Lawrence Family Health Center 403(b) Plan is a Profit Sharing plan. It has been effective since 2007-07-01. The plan is filed with the U.S. Department of Labor under EIN 042708824.
Who sponsors the Greater Lawrence Family Health Center 403(b) Plan?
Greater Lawrence Family Health Center 403(b) Plan is sponsored by Greater Lawrence Family Health Center, Inc., located in Massachusetts. The sponsor's EIN is 042708824 and the plan operates in the Healthcare & Social Assistance industry.
How did Greater Lawrence Family Health Center 403(b) Plan perform in 2022?
Greater Lawrence Family Health Center 403(b) Plan declined by 12.2% during 2022, moving from $47M to $42M in total assets. Net income was $-5,761,915.
Where can I find official filings for Greater Lawrence Family Health Center 403(b) Plan?
Official Form 5500 filings for Greater Lawrence Family Health Center 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042708824 or plan name at efast.dol.gov.
How does Greater Lawrence Family Health Center 403(b) Plan compare to other plans?
You can compare Greater Lawrence Family Health Center 403(b) Plan against other Profit Sharing 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 042708824.

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.