Profit Sharing · DOL Form 5500 · 2022

Westmass Eldercare, Inc. Profit Sharing Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
195
Participants Below avg headcount
67th
Percentile by assets National rank
$55,971
Avg per participant Low balance/head
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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.

  • #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.

#14,423
in Healthcare & Social Assistance (20,060 peers)
+25.3%
assets growth YoY

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.

Westmass Eldercare, Inc. Tax Shelter Retirement Plan's outsized position 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

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

Westmass Eldercare, Inc. Tax Shelter Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westmass Eldercare, Inc. Tax Shelter Retirement Plan sits mid-pack in the medium band (195 participants).

EBSA filing schedule strip

Filing strip 042545848 · Westmass Eldercare, Inc. PY 2022 · Profit Sharing

Westmass Eldercare, Inc. Tax Shelter Retirement Plan · $11M · 195 · 67th

  • SCH $11M
  • EBSA 195
  • PART 67th
  • TYPE Profit Sharing
  • NET near First Spice Mixing Co., Inc. Profit Sharing Plan
  • BOOK ind #14423

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 Healthcare & Social Assistance retirement plans → · Plans in Massachusetts →

Westmass Eldercare, Inc. Tax Shelter Retirement Plan in the asset neighbourhood

Siu Pharmacies, Inc. Profit Sharing Plan and TrustSiu Pharmacies, Inc. Profit …$11MMuseum Associates Dba Los Angeles County Museum of Art 401(a) PlanMuseum Associates Dba Los An…$11MWestmass Eldercare, Inc. Tax Shelter Retirement PlanWestmass Eldercare, Inc. Tax…$11MFirst Spice Mixing Co., Inc. Profit Sharing PlanFirst Spice Mixing Co., Inc.…$11MGood Earth Tools, Inc. Profit Sharing PlanGood Earth Tools, Inc. Profi…$11M
End-of-year total assets ($M) among Westmass Eldercare, Inc. Tax Shelter Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income-$116K
Employer EIN042545848
Plan Effective Date1978-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westmass Eldercare, Inc.)

Sponsor-wide plan assets over time

All Westmass Eldercare, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 8.420122043846876% vs 2022
2024 filing year
$9.5M$10M$10.5M$11M$11.5M$12M 202220232024 $10.9M $10M ▼ -8.3%
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 Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Westmass Eldercare, Inc. Tax Shelter Retirement Plan, Total assets ($B): 0.010914438 · Participants: 195Westmass Eldercare, Inc. Tax Shelter Retirement PlanConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 12.088048631 · Participants: 74556Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 0.873013175 · Participants: 12106Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.635251544 · Participants: 4216Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.573445261 · Participants: 5008The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.540464451 · Participants: 2153Sheet Metal Workers Local 17 Annuity Income Fund
Westmass Eldercare, Inc. Tax Shelter Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
Compare Westmass Eldercare, Inc. Tax Shelter Retirement Plan side-by-side with 3 peers →

Westmass Eldercare, Inc. Tax Shelter Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is First Spice Mixing Co., Inc. Profit Sharing Plan in NY ($11M); by covered participants it is G. B. Cooley Hospital Service District 401(k) Profit Sharing in LA (195 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (195 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 Westmass Eldercare, Inc. Tax Shelter Retirement Plan assets move in 2022? ▼
Westmass Eldercare, Inc. Tax Shelter Retirement Plan grew sharply - up 25.3% during 2022, from $9M to $11M. Reported net income was -$116K.
How have Westmass Eldercare, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Westmass Eldercare, Inc.'s sponsor-wide assets declined 8.4%, from $11M to $10M.
Which Profit Sharing plans are similar in size to Westmass Eldercare, Inc. Tax Shelter Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is First Spice Mixing Co., Inc. Profit Sharing Plan in NY ($11M, 22 participants).
Which Profit Sharing plans cover a similar participant headcount to Westmass Eldercare, Inc. Tax Shelter Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is G. B. Cooley Hospital Service District 401(k) Profit Sharing in LA (195 participants, N/A 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 042545848.

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.