Profit Sharing · DOL Form 5500 · 2023

403(b) Thrift Plan of Making Opportunity Count, Inc.

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$11M
Total assets
279
Participants
35th
Percentile by assets

Sponsored by Making Opportunity Count, Inc. · Massachusetts · Healthcare & Social Assistance

What the 2023 filing shows

403(b) Thrift Plan of Making Opportunity Count, Inc. holds $11M for 279 participants - about $38,876 per participant, in the lower half of filed plans by assets, up 18.2% over the 2023 plan year.

$11M
total plan assets (2023 EOY)
279
covered participants
35th
percentile by assets (of 72,800 plans)
$38,876
avg assets per participant
Total Assets (2023)
$11M
Participants
279
Industry
Healthcare & Social Assistance

What the Filing Says About 403(b) Thrift Plan of Making Opportunity Count, Inc.

403(b) Thrift Plan of Making Opportunity Count, Inc. is a Profit Sharing retirement plan sponsored by Making Opportunity Count, Inc., headquartered in Massachusetts. As of the 2023 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 279 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 042401111, and the plan has been effective since 1976-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2023 to $11M at year-end - a gain of 18.2%. Net assets (after liabilities) closed the year at $11M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$9M
Total Assets (End of Year)$11M
Net Assets (End of Year)$11M
Net Income$2M
Plan TypeProfit Sharing
Employer EIN042401111
Plan Effective Date1976-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Making Opportunity Count, Inc.)

Year Plans Participants Total Assets
2022 1 267 $9M
2023 1 279 $11M
2024 1 491 $13M

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the 403(b) Thrift Plan of Making Opportunity Count, Inc.?
As of the 2023 Form 5500 filing, 403(b) Thrift Plan of Making Opportunity Count, Inc. holds $11M in total assets with 279 participants. It is sponsored by Making Opportunity Count, Inc..
What type of plan is 403(b) Thrift Plan of Making Opportunity Count, Inc.?
403(b) Thrift Plan of Making Opportunity Count, Inc. is a Profit Sharing plan. It has been effective since 1976-07-01. The plan is filed with the U.S. Department of Labor under EIN 042401111.
Who sponsors the 403(b) Thrift Plan of Making Opportunity Count, Inc.?
403(b) Thrift Plan of Making Opportunity Count, Inc. is sponsored by Making Opportunity Count, Inc., located in Massachusetts. The sponsor's EIN is 042401111 and the plan operates in the Healthcare & Social Assistance industry.
How did 403(b) Thrift Plan of Making Opportunity Count, Inc. perform in 2023?
403(b) Thrift Plan of Making Opportunity Count, Inc. grew by 18.2% during 2023, moving from $9M to $11M in total assets. Net income was $2M.
Where can I find official filings for 403(b) Thrift Plan of Making Opportunity Count, Inc.?
Official Form 5500 filings for 403(b) Thrift Plan of Making Opportunity Count, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042401111 or plan name at efast.dol.gov.
How does 403(b) Thrift Plan of Making Opportunity Count, Inc. compare to other plans?
You can compare 403(b) Thrift Plan of Making Opportunity Count, Inc. against other Profit Sharing plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 042401111.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.