Profit Sharing · DOL Form 5500 · 2022
Westmass Eldercare, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $11M
- Total assets
- 195
- Participants
- 67th
- Percentile by assets
- $55,971
- Avg per participant
Official DOL plan name: Westmass Eldercare, Inc. Tax Shelter Retirement Plan · Sponsored by Westmass Eldercare, Inc. · Massachusetts · Healthcare & Social Assistance
$11M in assets, 195 participants
Westmass Eldercare, Inc.'s Westmass Eldercare, Inc. Tax Shelter Retirement Plan reported $11M in total assets and 195 participants in its 2022 DOL Form 5500 filing, ranking in the 67th 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.
- 67th percentile by assets (of 139,126 plans)
- #14,423 in Healthcare & Social Assistance (20,060 peers)
Coverage in Massachusetts
Westmass Eldercare, Inc. Tax Shelter Retirement Plan covers 195 participants in Massachusetts, about 30% of the average Massachusetts filer (state average ~659 per filing). Assets: $11M.
- $11M
- total plan assets (2022 EOY)
- 195
- covered participants
- 67th
- percentile by assets (of 139,126 plans)
- $55,971
- avg assets per participant
The plan reported a net loss of $116K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Westmass Eldercare, Inc. Tax Shelter Retirement Plan sits by total assets
Westmass Eldercare, Inc. Tax Shelter Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$10,914,438 Top 33% higher than 67% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Westmass Eldercare, Inc. Tax Shelter Retirement Plan reports 195 participants - about 30% of that state average ($11M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $11M |
| Net Income | -$116K |
| Employer EIN | 042545848 |
| Plan Effective Date | 1978-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Westmass Eldercare, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 319 | $11M |
| 2023 | 1 | 221 | $12M |
| 2024 | 1 | 232 | $10M |
Nearby Profit Sharing Plans in Massachusetts
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Westmass Eldercare, Inc. Tax Shelter Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
- Consolidated 403(b) Program of Mass General Brigham and Member Organizations $12.1B · 74,556
- Demoulas (Restated) Profit Sharing Plan & Trust $873M · 12,106
- Dana-Farber Cancer Institute Retirement Plan $635M · 4,216
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $573M · 5,008
- Sheet Metal Workers Local 17 Annuity Income Fund $540M · 2,153
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Westmass Eldercare, Inc. Tax Shelter Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Westmass Eldercare, Inc. Tax Shelter Retirement Plan assets move in 2022? ▼
How have Westmass Eldercare, Inc. plan assets changed over time? ▼
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Filing takeaways
Ways to act on Westmass Eldercare, Inc. Tax Shelter Retirement Plan's numbers.
- By total assets, Westmass Eldercare, Inc. Tax Shelter Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
- Westmass Eldercare, Inc.'s sponsor-wide assets have declined 8.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans