Profit Sharing · DOL Form 5500 · 2023
Action for Boston Community Development Profit Sharing Plan
Data updated 2026-08-11
- $57M
- Total assets
- 689
- Participants
- 87th
- Percentile by assets
- $82,085
- Avg per participant
Official DOL plan name: Action for Boston Community Development Pension Plan · Sponsored by Action for Boston Community Development · Massachusetts · Healthcare & Social Assistance
$57M in assets, 689 participants
Action for Boston Community Development's Action for Boston Community Development Pension Plan reported $57M in total assets and 689 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.
- 87th percentile by assets (of 127,072 plans)
- #15,704 in Healthcare & Social Assistance (17,684 peers)
Where Action for Boston Community Development Pension Plan sits by assets
Action for Boston Community Development Pension Plan sits in the top quartile of all filed plans by assets, $57M for 689 participants (~$82,085/participant), up 6.6% in 2023.
- $57M
- total plan assets (2023 EOY)
- 689
- covered participants
- 87th
- percentile by assets (of 127,072 plans)
- $82,085
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Action for Boston Community Development Pension Plan reported net income rose from -$7M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- Action for Boston Community Development Pension Plan reported participants fell from 743 in the plan year 2022 filing to 689 in the plan year 2023 filing.
- Action for Boston Community Development Pension Plan end-of-year assets rose from $53M in the plan year 2022 filing to $57M in the plan year 2023 filing.
Action for Boston Community Development Pension Plan vs the 2023 asset distribution
By assets, Action for Boston Community Development Pension Plan outranks 87% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $53M |
|---|---|
| Net Assets (End of Year) | $57M |
| Net Income | $3M |
| Employer EIN | 042304133 |
| Plan Effective Date | 1996-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Action for Boston Community Development)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,535 | $96M |
| 2023 | 2 | 1,450 | $103M |
| 2024 | 2 | 1,492 | $102M |
Nearby Profit Sharing Plans in Massachusetts
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Action for Boston Community Development Pension Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
- Consolidated 403(b) Program of Mass General Brigham and Member Organizations $14.9B · 74,212
- Demoulas (Restated) Profit Sharing Plan & Trust $1.0B · 12,622
- Dana-Farber Cancer Institute Retirement Plan $788M · 4,630
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $679M · 6,360
- Sheet Metal Workers Local 17 Annuity Income Fund $617M · 2,868
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Action for Boston Community Development Pension Plan by total assets, not by location.
- Mitac Tyan 401(k) Plan (CA) $57M · 217
- Profit Sharing Plan for Employees of Tanana Chiefs Conference (AK) $56M · 1,359
- Tac Retirement Plan (TX) $57M · 343
- Operating Engineers Local 112 Defined Contribution Pension Plan (IN) $56M · 1,110
Frequently Asked Questions
How did Action for Boston Community Development Pension Plan assets move in 2023? ▼
How have Action for Boston Community Development plan assets changed over time? ▼
Where does Action for Boston Community Development Pension Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Action for Boston Community Development Pension Plan? ▼
Next read for Action for Boston Community Development …
Scale reading
Ways to act on Action for Boston Community Development Pension Plan's numbers.
- By total assets, Action for Boston Community Development Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
- Action for Boston Community Development's sponsor-wide assets have grown 5.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans