401(k) · DOL Form 5500 · 2023

Workforce Software, LLC 401(k) Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
442
Participants Below avg headcount
87th
Percentile by assets National rank
$132,437
Avg per participant Near avg balance/head
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Official DOL plan name: Workforce Software, LLC 401(k) Plan · Sponsored by Workforce Software, LLC · Michigan · Professional & Technical Services

$59M in assets, 442 participants

Workforce Software, LLC's Workforce Software, LLC 401(k) Plan reported $59M in total assets and 442 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #17,922 in Professional & Technical Services (20,321 peers)

Where Workforce Software, LLC 401(k) Plan sits by assets

Workforce Software, LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $59M for 442 participants (~$132,437/participant), up 23.1% in 2023.

#17,922
in Professional & Technical Services (20,321 peers)
+23.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Workforce Software, LLC 401(k) Plan's outsized position by total assets

Workforce Software, LLC 401(k) Plan vs every filed plan by assets

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

$58,537,315 Top 13% higher than 87% 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

Workforce Software, LLC 401(k) 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. Workforce Software, LLC 401(k) Plan sits mid-pack in the medium band (442 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Workforce Software, LLC 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Workforce Software, LLC 401(k) Plan end-of-year assets rose from $48M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Workforce Software, LLC 401(k) Plan reported participants fell from 450 in the plan year 2022 filing to 442 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 453862733 · Workforce Software, LLC PY 2023 · 401(k)

Workforce Software, LLC 401(k) Plan · $59M · 442 · 87th

  • RANK $59M
  • PHOTO 442
  • IND 87th
  • EOY 401(k)
  • 5500 near Avenue5 Residential, LLC Employee Savings Plan
  • ASSETS ind #17922

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 Michigan →

Workforce Software, LLC 401(k) Plan in the asset neighbourhood

Security Plus Retirement Savings PlanSecurity Plus Retirement Sav…$59MWorkforce Software, LLC 401(k) PlanWorkforce Software, LLC 401(…$59MAvenue5 Residential, LLC Employee Savings PlanAvenue5 Residential, LLC Emp…$59MKelly & Associates Insurance Group, Inc. 401(k) PlanKelly & Associates Insurance…$59MSuperior Air-Ground Ambulance Service, Inc. Profit Sharing 401(k) PlanSuperior Air-Ground Ambulanc…$59M
End-of-year total assets ($M) among Workforce Software, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$59M
Net Income$11M
Employer EIN453862733
Plan Effective Date2002-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Workforce Software, LLC)

Sponsor-wide plan assets over time

All Workforce Software, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$67M 41.784452642261165% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $47.6M $67.4M ▲ +41.8%
Year Plans Participants Total Assets
2022 1 450 $48M
2023 1 442 $59M
2024 2 855 $67M

Nearby 401(k) Plans in Michigan

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

Workforce Software, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Workforce Software, LLC 401(k) Plan, Total assets ($B): 0.058537315 · Participants: 442Workforce Software, LLC 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Workforce Software, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Workforce Software, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Avenue5 Residential, LLC Employee Savings Plan in WA ($59M); by covered participants it is Westcor Companies 401(k) Plan in NV (442 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (442 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 Workforce Software, LLC 401(k) Plan assets move in 2023?
Workforce Software, LLC 401(k) Plan grew sharply - up 23.1% during 2023, from $48M to $59M. Reported net income was $11M.
How have Workforce Software, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Workforce Software, LLC's sponsor-wide assets grew 41.8%, from $48M to $67M.
Where does Workforce Software, LLC 401(k) Plan rank by assets among Form 5500 filers?
Workforce Software, LLC 401(k) Plan ranks in the 87th 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 Workforce Software, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Avenue5 Residential, LLC Employee Savings Plan in WA ($59M, 2,414 participants).
Which 401(k) plans cover a similar participant headcount to Workforce Software, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Westcor Companies 401(k) Plan in NV (442 participants, $687K in assets).