401(k) · DOL Form 5500 · 2023

Worksmart Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$259M
Total assets Near avg plan size
5,477
Participants Above avg headcount
96th
Percentile by assets National rank
$47,211
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust · Sponsored by Worksmart Systems, Inc. · Indiana · Professional & Technical Services

$259M in assets, 5,477 participants

Worksmart Systems, Inc.'s Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reported $259M in total assets and 5,477 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,676 in Professional & Technical Services (20,321 peers)

Coverage in Indiana

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust covers 5,477 participants in Indiana, 10x the typical Indiana plan (state average ~541 per filing). Assets: $259M.

#19,676
in Professional & Technical Services (20,321 peers)
+24.3%
assets growth YoY
2.6×
vs typical plan assets (national mean)

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust's outsized position by total assets

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust vs every filed plan by assets

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

$258,574,812 Top 4% higher than 96% 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

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust'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. Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust lands in the large band (5,477 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reported net income rose from -$20M in the plan year 2022 filing to $46M in the plan year 2023 filing.
  • Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust end-of-year assets rose from $208M in the plan year 2022 filing to $259M in the plan year 2023 filing.
  • Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reported participants rose from 5,236 in the plan year 2022 filing to 5,477 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 352060071 · Worksmart Systems, Inc. PY 2023 · 401(k)

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust · $259M · 5,477 · 96th

  • ASSETS $259M
  • ASSETS 5,477
  • ASSETS 96th
  • ASSETS 401(k)
  • ASSETS near Shumaker, Loop and Kendrick Retirement Plan
  • ASSETS ind #19676

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 Indiana →

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust in the asset neighbourhood

Brightsphere Inc. Profit Sharing & 401(k) PlanBrightsphere Inc. Profit Sha…$259MCohu, Inc. Employees' Retirement PlanCohu, Inc. Employees' Retire…$259MShumaker, Loop and Kendrick Retirement PlanShumaker, Loop and Kendrick …$259MWorksmart Systems, Inc. 401(k)Profit Sharing Plan and TrustWorksmart Systems, Inc. 401(…$259MHealthcare Associates Profit Sharing PlanHealthcare Associates Profit…$258M
End-of-year total assets ($M) among Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$208M
Net Assets (End of Year)$258M
Net Income$46M
Employer EIN352060071
Plan Effective Date1999-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Worksmart Systems, Inc.)

Sponsor-wide plan assets over time

All Worksmart Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$328M 57.59587687755106% vs 2022
2024 filing year
$150M$200M$250M$300M$350M 202220232024 $208M $328M ▲ +57.6%
Year Plans Participants Total Assets
2022 1 5,236 $208M
2023 1 5,477 $259M
2024 1 6,153 $328M

Nearby 401(k) Plans in Indiana

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

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 -5051015 Total assets ($B) Participants Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust, Total assets ($B): 0.258574812 · Participants: 5477Worksmart Systems, Inc. 401(k)Profit Sharing Plan and TrustThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust side-by-side with 3 peers →

Scale composition for Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reports $259M in end-of-year assets across 5,477 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $47,211 per participant (34% of the national average assets-per-participant) . Net income for plan year 2023 was $46M.

This plan identity (EIN 352060071, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $208M to $328M (+57.6%) while covered participants moved from 5,236 to 6,153 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,236 $208M Open filing
2023 5,477 $259M This page
2024 · index core 6,153 $328M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

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

Outside Indiana, the nearest 401(k) by assets is Shumaker, Loop and Kendrick Retirement Plan in OH ($259M); by covered participants it is Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan in MN (5,480 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($259M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,477 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 Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust assets move in 2023? ▼
Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust grew sharply - up 24.3% during 2023, from $208M to $259M. Reported net income was $46M.
How have Worksmart Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Worksmart Systems, Inc.'s sponsor-wide assets grew 57.6%, from $208M to $328M.
Where does Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Shumaker, Loop and Kendrick Retirement Plan in OH ($259M, 480 participants).
Which 401(k) plans cover a similar participant headcount to Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan in MN (5,480 participants, $1.1B 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 352060071.

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.