401(k) · DOL Form 5500 · 2023

People, Inc. 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
3,488
Participants Above avg headcount
86th
Percentile by assets National rank
$14,983
Avg per participant Low balance/head
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Official DOL plan name: People, Inc. 401(k) Profit Sharing Plan · Sponsored by People, Inc. · New York · Healthcare & Social Assistance

$52M in assets, 3,488 participants

People, Inc.'s People, Inc. 401(k) Profit Sharing Plan reported $52M in total assets and 3,488 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #15,587 in Healthcare & Social Assistance (17,684 peers)

Coverage in New York

People, Inc. 401(k) Profit Sharing Plan covers 3,488 participants in New York, 4.4x the typical New York plan (state average ~798 per filing). Assets: $52M.

#15,587
in Healthcare & Social Assistance (17,684 peers)
+17.3%
assets growth YoY
0.5×
vs typical plan assets (national mean)

People, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

People, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$52,259,308 Top 14% higher than 86% of 127,068 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 2023

People, Inc. 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. People, Inc. 401(k) Profit Sharing Plan lands in the large band (3,488 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • People, Inc. 401(k) Profit Sharing Plan reported net income rose from -$8M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • People, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $45M in the plan year 2022 filing to $52M in the plan year 2023 filing.
  • People, Inc. 401(k) Profit Sharing Plan reported participants rose from 3,090 in the plan year 2022 filing to 3,488 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 160975538 · People, Inc. PY 2023 · 401(k)

People, Inc. 401(k) Profit Sharing Plan · $52M · 3,488 · 86th

  • 5500 $52M
  • ASSETS 3,488
  • PCT 86th
  • EIN 401(k)
  • RANK near H.F. Lenz Company 401(k) and Profit Sharing Plan
  • PHOTO ind #15587

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 New York →

People, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Hgl-Lbm Holdings, LLC Profit Sharing PlanHgl-Lbm Holdings, LLC Profit…$52MPeople, Inc. 401(k) Profit Sharing PlanPeople, Inc. 401(k) Profit S…$52MH.F. Lenz Company 401(k) and Profit Sharing PlanH.F. Lenz Company 401(k) and…$52MMedical Specialists of the Palm Beaches, Inc. 401(k) Savings PlanMedical Specialists of the P…$52MElektrisola Incorporated Profit Sharing PlanElektrisola Incorporated Pro…$52M
End-of-year total assets ($M) among People, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$52M
Net Income$8M
Employer EIN160975538
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (People, Inc.)

Sponsor-wide plan assets over time

All People, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$61M 36.39712812534558% vs 2022
2024 filing year
$40M$45M$50M$55M$60M$65M 202220232024 $44.6M $60.8M ▲ +36.4%
Year Plans Participants Total Assets
2022 1 3,090 $45M
2023 1 3,488 $52M
2024 1 3,627 $61M

Nearby 401(k) Plans in New York

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

People, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants People, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.052259308 · Participants: 3488People, Inc. 401(k) Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
People, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare People, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

People, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is H.F. Lenz Company 401(k) and Profit Sharing Plan in PA ($52M); by covered participants it is Valley National Bank Savings and Investment Plan in NJ (3,489 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,488 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did People, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
People, Inc. 401(k) Profit Sharing Plan grew sharply - up 17.3% during 2023, from $45M to $52M. Reported net income was $8M.
How have People, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), People, Inc.'s sponsor-wide assets grew 36.4%, from $45M to $61M.
Where does People, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
People, Inc. 401(k) Profit Sharing Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to People, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is H.F. Lenz Company 401(k) and Profit Sharing Plan in PA ($52M, 168 participants).
Which 401(k) plans cover a similar participant headcount to People, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Valley National Bank Savings and Investment Plan in NJ (3,489 participants, $579M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 160975538.

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.