401(k) · DOL Form 5500 · 2023

Alerislife, Inc. 401(k) Plan

Data updated 2026-08-11

$126M
Total assets
9,391
Participants
93rd
Percentile by assets
$13,442
Avg per participant
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Official DOL plan name: The Alerislife Retirement Plan · Sponsored by Alerislife, Inc. · Massachusetts · Healthcare & Social Assistance

$126M in assets, 9,391 participants

Alerislife, Inc.'s The Alerislife Retirement Plan reported $126M in total assets and 9,391 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,557 in Healthcare & Social Assistance (17,684 peers)

Coverage in Massachusetts

The Alerislife Retirement Plan covers 9,391 participants in Massachusetts, 14x the typical Massachusetts plan (state average ~659 per filing). Assets: $126M.

$126M
total plan assets (2023 EOY)
9,391
covered participants
93rd
percentile by assets (of 127,072 plans)
$13,442
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Alerislife Retirement Plan reported net income rose from -$29M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • The Alerislife Retirement Plan end-of-year assets rose from $107M in the plan year 2022 filing to $126M in the plan year 2023 filing.
  • The Alerislife Retirement Plan reported participants rose from 9,147 in the plan year 2022 filing to 9,391 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. The Alerislife Retirement Plan reports 9,391 participants - 14x that state average ($126M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$107M
Net Assets (End of Year)$126M
Net Income$19M
Employer EIN043516029
Plan Effective Date2001-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Alerislife, Inc.)

$100M$110M$120M$130M$140M 202220232024 $107M $128M ▲ +19.5%
Total plan assets by year, all Alerislife, Inc. plans on file
Year Plans Participants Total Assets
2022 1 9,147 $107M
2023 1 9,391 $126M
2024 1 9,149 $128M

Nearby 401(k) Plans in Massachusetts

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

The Alerislife Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

The Alerislife Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants The Alerislife Retir…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…Philips North Americ…
The Alerislife Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Scale composition for The Alerislife Retirement Plan

The Alerislife Retirement Plan reports $126M in end-of-year assets across 9,391 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $13,442 per participant (10% of the national average assets-per-participant) . Net income for plan year 2023 was $19M.

This plan identity (EIN 043516029, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $107M to $128M (+19.4%) while covered participants moved from 9,147 to 9,149 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,147 $107M Open filing
2023 9,391 $126M This page
2024 · index core 9,149 $128M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Alerislife Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did The Alerislife Retirement Plan assets move in 2023?
The Alerislife Retirement Plan grew sharply - up 17.6% during 2023, from $107M to $126M. Reported net income was $19M.
How have Alerislife, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Alerislife, Inc.'s sponsor-wide assets grew 19.4%, from $107M to $128M.
Where does The Alerislife Retirement Plan rank by assets among Form 5500 filers?
The Alerislife Retirement Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The Alerislife Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Herzog Contracting Corp. 401(k) Plan in MO ($126M, 1,355 participants).

Filing takeaways

Ways to act on The Alerislife Retirement Plan's numbers.