401(k) · DOL Form 5500 · 2023

POINT32HEALTH 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
713
Participants Below avg headcount
86th
Percentile by assets National rank
$72,470
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Health Plans, Inc. 401(k) & Profit Sharing Plan · Sponsored by POINT32HEALTH · Massachusetts · Finance & Insurance

$52M in assets, 713 participants

POINT32HEALTH's Health Plans, Inc. 401(k) & Profit Sharing Plan reported $52M in total assets and 713 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.

  • #6,943 in Finance & Insurance (8,869 peers)

Where Health Plans, Inc. 401(k) & Profit Sharing Plan sits by assets

Health Plans, Inc. 401(k) & Profit Sharing Plan sits in the top quartile of all filed plans by assets, $52M for 713 participants (~$72,470/participant), up 29.6% in 2023.

#6,943
in Finance & Insurance (8,869 peers)
+29.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

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

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

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

$51,671,164 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

Health Plans, Inc. 401(k) & Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Health Plans, Inc. 401(k) & Profit Sharing Plan sits mid-pack in the medium band (713 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Health Plans, Inc. 401(k) & Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Health Plans, Inc. 401(k) & Profit Sharing Plan end-of-year assets rose from $40M in the plan year 2022 filing to $52M in the plan year 2023 filing.
  • Health Plans, Inc. 401(k) & Profit Sharing Plan reported participants rose from 633 in the plan year 2022 filing to 713 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 042734278 · POINT32HEALTH PY 2023 · 401(k)

Health Plans, Inc. 401(k) & Profit Sharing Plan · $52M · 713 · 86th

  • BOY $52M
  • SCH 713
  • EBSA 86th
  • PART 401(k)
  • TYPE near Balls Food Stores 401(k) Retirement Plan
  • NET ind #6943

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 Finance & Insurance retirement plans → · Plans in Massachusetts →

Health Plans, Inc. 401(k) & Profit Sharing Plan in the asset neighbourhood

King Kullen 401 (K) Savings and Investment PlanKing Kullen 401 (K) Savings …$52MSai360 401(k) Savings Plan$52MHealth Plans, Inc. 401(k) & Profit Sharing PlanHealth Plans, Inc. 401(k) & …$52MBalls Food Stores 401(k) Retirement PlanBalls Food Stores 401(k) Ret…$52MCherryroad Technologies 401(k) Profit Sharing PlanCherryroad Technologies 401(…$52M
End-of-year total assets ($M) among Health Plans, Inc. 401(k) & Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$52M
Net Income$12M
Employer EIN042734278
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (POINT32HEALTH)

Sponsor-wide plan assets over time

All POINT32HEALTH plans reported in each filing year

Latest sponsor-wide plan assets
$61M 53.7241363220501% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $39.9M $61.3M ▲ +53.7%
Year Plans Participants Total Assets
2022 1 633 $40M
2023 1 713 $52M
2024 1 831 $61M

Nearby 401(k) Plans in Massachusetts

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

Health Plans, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Health Plans, Inc. 401(k) & Profit Sharing Plan, Total assets ($B): 0.051671164 · Participants: 713Health Plans, Inc. 401(k) & Profit Sharing PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Health Plans, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

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

Outside Massachusetts, the nearest 401(k) by assets is Balls Food Stores 401(k) Retirement Plan in KS ($52M); by covered participants it is The Bancorp, Inc. 401(k) Plan in DE (713 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($52M here).

Similar participant headcount

Nearest other-state filings by covered participants (713 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 Health Plans, Inc. 401(k) & Profit Sharing Plan assets move in 2023?
Health Plans, Inc. 401(k) & Profit Sharing Plan grew sharply - up 29.6% during 2023, from $40M to $52M. Reported net income was $12M.
How have POINT32HEALTH plan assets changed over time?
Across 3 plan years on file (2022-2024), POINT32HEALTH's sponsor-wide assets grew 53.7%, from $40M to $61M.
Where does Health Plans, Inc. 401(k) & Profit Sharing Plan rank by assets among Form 5500 filers?
Health Plans, 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 Health Plans, Inc. 401(k) & Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Balls Food Stores 401(k) Retirement Plan in KS ($52M, 2,143 participants).
Which 401(k) plans cover a similar participant headcount to Health Plans, Inc. 401(k) & Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is The Bancorp, Inc. 401(k) Plan in DE (713 participants, $96M in assets).