401(k) · DOL Form 5500 · 2023

Professional Alternative Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
58
Participants Small participant base
51st
Percentile by assets National rank
$122,845
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Professional Alternative 401(k) Plan · Sponsored by Professional Alternative Inc. · Massachusetts · Professional & Technical Services

$7M in assets, 58 participants

Professional Alternative Inc.'s Professional Alternative 401(k) Plan reported $7M in total assets and 58 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #10,120 in Professional & Technical Services (20,321 peers)

Professional Alternative Inc. multi-year trail

Professional Alternative Inc.'s plans moved +39.6% in assets from 2022 to 2024; this filing shows Professional Alternative 401(k) Plan at $7M / 58 participants.

#10,120
in Professional & Technical Services (20,321 peers)
+21.9%
assets growth YoY

Professional Alternative 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Professional Alternative 401(k) Plan vs every filed plan by assets

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

$7,125,038 Top 49% higher than 51% 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

Professional Alternative 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Professional Alternative 401(k) Plan is a small filing (58 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Professional Alternative 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Professional Alternative 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Professional Alternative 401(k) Plan reported participants rose from 51 in the plan year 2022 filing to 58 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 043238604 · Professional Alternative Inc. PY 2023 · 401(k)

Professional Alternative 401(k) Plan · $7M · 58 · 51st

  • PCT $7M
  • PCT 58
  • PCT 51st
  • PCT 401(k)
  • PCT near Girtz Industries Inc 401(k) Profit Sharing Plan and Trust
  • PCT ind #10120

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

Professional Alternative 401(k) Plan in the asset neighbourhood

Professional Alternative 401(k) PlanProfessional Alternative 401…$7MPower Line Constructors, Inc. Profit Sharing Plan & TrustPower Line Constructors, Inc…$7MGirtz Industries Inc 401(k) Profit Sharing Plan and TrustGirtz Industries Inc 401(k) …$7MGreater Than One 401(k) Plan$7MUnited States Gymnastics Federation Employee Retirement Benefits PlanUnited States Gymnastics Fed…$7M
End-of-year total assets ($M) among Professional Alternative 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Professional Alternative Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Professional Alternative Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 39.59518313367986% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.85M $8.16M ▲ +39.5%
Year Plans Participants Total Assets
2022 1 51 $6M
2023 1 58 $7M
2024 1 51 $8M

Professional Alternative Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN043238604
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Professional Alternative 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Professional Alternative 401(k) Plan, Total assets ($B): 0.007125038 · Participants: 58Professional Alternative 401(k) 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
Professional Alternative 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Professional Alternative 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Girtz Industries Inc 401(k) Profit Sharing Plan and Trust in IN ($7M); by covered participants it is Sri Technologies, Inc. Retirement Savings Plan in IL (58 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (58 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 Professional Alternative 401(k) Plan assets move in 2023?
Professional Alternative 401(k) Plan grew sharply - up 21.9% during 2023, from $6M to $7M. Reported net income was $1M.
How have Professional Alternative Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Professional Alternative Inc.'s sponsor-wide assets grew 39.6%, from $6M to $8M.
Which 401(k) plans are similar in size to Professional Alternative 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Girtz Industries Inc 401(k) Profit Sharing Plan and Trust in IN ($7M, 106 participants).
Which 401(k) plans cover a similar participant headcount to Professional Alternative 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Sri Technologies, Inc. Retirement Savings Plan in IL (58 participants, $849K in assets).