Profit Sharing · DOL Form 5500 · 2022

South Cove Community Health Center Profit Sharing Plan

Data updated 2026-08-11

$19M
Total assets
251
Participants
77th
Percentile by assets
$77,210
Avg per participant
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Official DOL plan name: Scchc Profit Sharing Retirement Plan · Sponsored by South Cove Community Health Center · Massachusetts · Healthcare & Social Assistance

$19M in assets, 251 participants

South Cove Community Health Center's Scchc Profit Sharing Retirement Plan reported $19M in total assets and 251 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • 77th percentile by assets (of 139,126 plans)
  • #16,148 in Healthcare & Social Assistance (20,060 peers)

Coverage in Massachusetts

Scchc Profit Sharing Retirement Plan covers 251 participants in Massachusetts, about 38% of the average Massachusetts filer (state average ~659 per filing). Assets: $19M.

$19M
total plan assets (2022 EOY)
251
covered participants
77th
percentile by assets (of 139,126 plans)
$77,210
avg assets per participant

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Scchc Profit Sharing Retirement Plan reports 251 participants - about 38% of that state average ($19M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$19M
Net Income$2M
Employer EIN042501818
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Cove Community Health Center)

$10M$20M$30M$40M$50M 202220232024 $19.4M $44.8M ▲ +131.3%
Total plan assets by year, all South Cove Community Health Center plans on file
Year Plans Participants Total Assets
2022 1 251 $19M
2023 1 258 $40M
2024 1 259 $45M

Nearby Profit Sharing Plans in Massachusetts

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

Scchc Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Scchc Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Scchc Profit Sharing…Consolidated 403(b) …Demoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …
Scchc Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Scchc Profit Sharing Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Scchc Profit Sharing Retirement Plan assets move in 2022?
Scchc Profit Sharing Retirement Plan grew at a solid clip - up 14.4% during 2022, from $17M to $19M. Reported net income was $2M.
How have South Cove Community Health Center plan assets changed over time?
Across 3 plan years on file (2022-2024), South Cove Community Health Center's sponsor-wide assets grew 131.3%, from $19M to $45M.
Where does Scchc Profit Sharing Retirement Plan rank by assets among Form 5500 filers?
Scchc Profit Sharing Retirement Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Scchc Profit Sharing Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Battle Ground Academy Pension Plan in TN ($19M, 205 participants).

Filing takeaways

Ways to act on Scchc Profit Sharing Retirement Plan's numbers.