Profit Sharing · DOL Form 5500 · 2022

Element Care, Inc. Profit Sharing Plan

Data updated 2026-08-11

$18M
Total assets
325
Participants
75th
Percentile by assets
$54,391
Avg per participant
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Official DOL plan name: Element Care, Inc. 403(b) Plan · Sponsored by Element Care, Inc. · Massachusetts · Healthcare & Social Assistance

$18M in assets, 325 participants

Element Care, Inc.'s Element Care, Inc. 403(b) Plan reported $18M in total assets and 325 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 139,126 plans)
  • #15,933 in Healthcare & Social Assistance (20,060 peers)

Coverage in Massachusetts

Element Care, Inc. 403(b) Plan covers 325 participants in Massachusetts, about 49% of the average Massachusetts filer (state average ~659 per filing). Assets: $18M.

$18M
total plan assets (2022 EOY)
325
covered participants
75th
percentile by assets (of 139,126 plans)
$54,391
avg assets per participant

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Element Care, Inc. 403(b) Plan reports 325 participants - about 49% of that state average ($18M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$18M
Net Income$3M
Employer EIN043267751
Plan Effective Date2011-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Element Care, Inc.)

$15M$20M$25M$30M 202220232024 $17.7M $24.7M ▲ +39.9%
Total plan assets by year, all Element Care, Inc. plans on file
Year Plans Participants Total Assets
2022 1 325 $18M
2023 1 336 $22M
2024 1 359 $25M

Nearby Profit Sharing Plans in Massachusetts

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

Element Care, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Element Care, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Element Care, Inc. 4…Consolidated 403(b) …Demoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …
Element Care, Inc. 403(b) 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 Element Care, Inc. 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Element Care, Inc. 403(b) Plan assets move in 2022?
Element Care, Inc. 403(b) Plan grew sharply - up 18.9% during 2022, from $15M to $18M. Reported net income was $3M.
How have Element Care, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Element Care, Inc.'s sponsor-wide assets grew 40.0%, from $18M to $25M.
Where does Element Care, Inc. 403(b) Plan rank by assets among Form 5500 filers?
Element Care, Inc. 403(b) Plan ranks in the 75th 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 Element Care, Inc. 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is Periodontal Associates, Inc. Profit-Sharing Plan and Trust in OH ($18M, 24 participants).

Filing takeaways

Ways to act on Element Care, Inc. 403(b) Plan's numbers.