401(k) · DOL Form 5500 · 2022

Work Skills Corporation 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
1,718
Participants Near avg headcount
40th
Percentile by assets National rank
$1,718
Avg per participant Low balance/head
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Official DOL plan name: 403(b) Thrift Plan of Work Skills Corporation · Sponsored by Work Skills Corporation · Michigan · Other Services

$3M in assets, 1,718 participants

Work Skills Corporation's 403(b) Thrift Plan of Work Skills Corporation reported $3M in total assets and 1,718 participants in its 2022 DOL Form 5500 filing, ranking in the 40th 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.

  • #5,188 in Other Services (8,398 peers)

Coverage in Michigan

403(b) Thrift Plan of Work Skills Corporation covers 1,718 participants in Michigan, 2.7x the typical Michigan plan (state average ~638 per filing). Assets: $3M.

#5,188
in Other Services (8,398 peers)
-15.4%
assets change YoY

The plan reported a net loss of $536K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

403(b) Thrift Plan of Work Skills Corporation's mid-pack asset rank among Other Services and all filers

403(b) Thrift Plan of Work Skills Corporation vs every filed plan by assets

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

$2,951,386 40th percentile higher than 40% 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

403(b) Thrift Plan of Work Skills Corporation'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. 403(b) Thrift Plan of Work Skills Corporation lands in the large band (1,718 participants).

Plan-year Form 5500 strip

Filing strip 382025701 · Work Skills Corporation PY 2022 · 401(k)

403(b) Thrift Plan of Work Skills Corporation · $3M · 1,718 · 40th

  • RANK $3M
  • PHOTO 1,718
  • IND 40th
  • EOY 401(k)
  • 5500 near Signature Mortgage Corporation 401(k) Plan
  • ASSETS ind #5188

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 Other Services retirement plans → · Plans in Michigan →

403(b) Thrift Plan of Work Skills Corporation in the asset neighbourhood

403(b) Thrift Plan of Work Skills Corporation403(b) Thrift Plan of Work S…$3MSignature Mortgage Corporation 401(k) PlanSignature Mortgage Corporati…$3MBbl Hospitality Group 401(k) Retirement Savings Plan and TrustBbl Hospitality Group 401(k)…$3MLaurel Heights Employees 401(k) Retirement Savings PlanLaurel Heights Employees 401…$3MRodda Electric, Inc 401(k) Profit Sharing Plan & TrustRodda Electric, Inc 401(k) P…$3M
End-of-year total assets ($M) among 403(b) Thrift Plan of Work Skills Corporation and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$536K
Employer EIN382025701
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Work Skills Corporation)

Sponsor-wide plan assets over time

All Work Skills Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$4M 38.31948786095753% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.95M $4.08M ▲ +38.3%
Year Plans Participants Total Assets
2022 1 1,718 $3M
2023 1 1,718 $3M
2024 1 372 $4M

Nearby 401(k) Plans in Michigan

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

403(b) Thrift Plan of Work Skills Corporation vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants 403(b) Thrift Plan of Work Skills Corporation, Total assets ($B): 0.002951386 · Participants: 1718403(b) Thrift Plan of Work Skills CorporationGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
403(b) Thrift Plan of Work Skills Corporation vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare 403(b) Thrift Plan of Work Skills Corporation side-by-side with 3 peers →

403(b) Thrift Plan of Work Skills Corporation's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Signature Mortgage Corporation 401(k) Plan in OH ($3M); by covered participants it is Specialist Staffing Solutions, Inc. Retirement Plan in TX (1,718 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,718 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 403(b) Thrift Plan of Work Skills Corporation assets move in 2022? ▼
403(b) Thrift Plan of Work Skills Corporation declined sharply - down 15.4% during 2022, from $3M to $3M. Reported net income was -$536K.
How have Work Skills Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Work Skills Corporation's sponsor-wide assets grew 38.3%, from $3M to $4M.
Which 401(k) plans are similar in size to 403(b) Thrift Plan of Work Skills Corporation? ▼
Among 401(k) plans in other states, the closest by assets is Signature Mortgage Corporation 401(k) Plan in OH ($3M, 2 participants).
Which 401(k) plans cover a similar participant headcount to 403(b) Thrift Plan of Work Skills Corporation? ▼
Among 401(k) plans in other states, the closest by covered participants is Specialist Staffing Solutions, Inc. Retirement Plan in TX (1,718 participants, $25M in assets).

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 382025701.

Read our methodology - how this data is sourced, computed, and verified.

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