Profit Sharing · DOL Form 5500 · 2023
Elder Services of Worcester Area Profit Sharing Plan
Data updated 2026-08-11
- $14M
- Total assets
- 264
- Participants
- 66th
- Percentile by assets
- $54,690
- Avg per participant
Official DOL plan name: 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. · Sponsored by Elder Services of Worcester Area · Massachusetts · Healthcare & Social Assistance
$14M in assets, 264 participants
Elder Services of Worcester Area's 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. reported $14M in total assets and 264 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.
- 66th percentile by assets (of 127,072 plans)
- #12,651 in Healthcare & Social Assistance (17,684 peers)
Coverage in Massachusetts
403(b) Thrift Plan of Elder Services of Worcester Area, Inc. covers 264 participants in Massachusetts, about 40% of the average Massachusetts filer (state average ~659 per filing). Assets: $14M.
- $14M
- total plan assets (2023 EOY)
- 264
- covered participants
- 66th
- percentile by assets (of 127,072 plans)
- $54,690
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. reported participants rose from 198 in the plan year 2022 filing to 264 in the plan year 2023 filing.
- 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. reports 264 participants - about 40% of that state average ($14M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $12M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | $3M |
| Employer EIN | 042545221 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Elder Services of Worcester Area)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 198 | $12M |
| 2023 | 1 | 264 | $14M |
| 2024 | 1 | 296 | $16M |
Nearby Profit Sharing Plans in Massachusetts
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
403(b) Thrift Plan of Elder Services of Worcester Area, Inc. vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
- Consolidated 403(b) Program of Mass General Brigham and Member Organizations $14.9B · 74,212
- Demoulas (Restated) Profit Sharing Plan & Trust $1.0B · 12,622
- Dana-Farber Cancer Institute Retirement Plan $788M · 4,630
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $679M · 6,360
- Sheet Metal Workers Local 17 Annuity Income Fund $617M · 2,868
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. by total assets, not by location.
- Vna of Care New England 403(b) Plan (RI) $14M · 156
- Lewis County Primary Care 403(b) Plan (KY) $14M · 393
- First Palmetto Bank Retirement Plan (SC) $14M · 160
- Kalb Construction Co. Profit Sharing Plan (NV) $14M · N/A
Frequently Asked Questions
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Filing takeaways
Ways to act on 403(b) Thrift Plan of Elder Services of Worcester Area, Inc.'s numbers.
- By total assets, 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. 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
- Elder Services of Worcester Area's sponsor-wide assets have grown 35.5% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans