401(k) · DOL Form 5500 · 2023

Work Skills Corporation 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
1,718
Participants Near avg headcount
37th
Percentile by assets National rank
$1,948
Avg per participant Low balance/head
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Official DOL plan name: 403(b) Thrift Plan of Work Skills Corporation · Sponsored by Work Skills Corporation · Michigan · Other Services

$3M in assets, 1,718 participants

Work Skills Corporation's 403(b) Thrift Plan of Work Skills Corporation reported $3M in total assets and 1,718 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #4,781 in Other Services (7,857 peers)

Coverage in Michigan

403(b) Thrift Plan of Work Skills Corporation covers 1,718 participants in Michigan, 2.7x the typical Michigan plan (state average ~638 per filing). Assets: $3M.

#4,781
in Other Services (7,857 peers)
+13.4%
assets growth YoY

403(b) Thrift Plan of Work Skills Corporation's mid-pack asset rank among Other Services and all filers

403(b) Thrift Plan of Work Skills Corporation vs every filed plan by assets

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

$3,345,933 37th percentile higher than 37% 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

403(b) Thrift Plan of Work Skills Corporation'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. 403(b) Thrift Plan of Work Skills Corporation lands in the large band (1,718 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 403(b) Thrift Plan of Work Skills Corporation reported net income rose from -$536K in the plan year 2022 filing to $395K in the plan year 2023 filing.
  • 403(b) Thrift Plan of Work Skills Corporation end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 382025701 · Work Skills Corporation PY 2023 · 401(k)

403(b) Thrift Plan of Work Skills Corporation · $3M · 1,718 · 37th

  • EIN $3M
  • EIN 1,718
  • EIN 37th
  • EIN 401(k)
  • EIN near Bitovi 401(k) Plan and Trust
  • EIN ind #4781

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 Other Services retirement plans → · Plans in Michigan →

403(b) Thrift Plan of Work Skills Corporation in the asset neighbourhood

403(b) Thrift Plan of Work Skills Corporation403(b) Thrift Plan of Work S…$3MBitovi 401(k) Plan and Trust$3MRymax Fitness Corp. 401(k) Profit Sharing PlanRymax Fitness Corp. 401(k) P…$3MDraken International, Inc. 401(k) PlanDraken International, Inc. 4…$3MHorizon Mud Holdings Corp. 401(k) PlanHorizon Mud Holdings Corp. 4…$3M
End-of-year total assets ($M) among 403(b) Thrift Plan of Work Skills Corporation and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$395K
Employer EIN382025701
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Work Skills Corporation)

Sponsor-wide plan assets over time

All Work Skills Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$4M 38.31948786095753% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.95M $4.08M ▲ +38.3%
Year Plans Participants Total Assets
2022 1 1,718 $3M
2023 1 1,718 $3M
2024 1 372 $4M

Nearby 401(k) Plans in Michigan

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

403(b) Thrift Plan of Work Skills Corporation vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants 403(b) Thrift Plan of Work Skills Corporation, Total assets ($B): 0.003345933 · Participants: 1718403(b) Thrift Plan of Work Skills CorporationGeneral 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
403(b) Thrift Plan of Work Skills Corporation vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare 403(b) Thrift Plan of Work Skills Corporation side-by-side with 3 peers →

403(b) Thrift Plan of Work Skills Corporation's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Bitovi 401(k) Plan and Trust in IL ($3M); by covered participants it is The California Commerce Club, Inc. Retirement Savings Plan in CA (1,718 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,718 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 403(b) Thrift Plan of Work Skills Corporation assets move in 2023? ▼
403(b) Thrift Plan of Work Skills Corporation grew at a solid clip - up 13.4% during 2023, from $3M to $3M. Reported net income was $395K.
How have Work Skills Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Work Skills Corporation's sponsor-wide assets grew 38.3%, from $3M to $4M.
Which 401(k) plans are similar in size to 403(b) Thrift Plan of Work Skills Corporation? ▼
Among 401(k) plans in other states, the closest by assets is Bitovi 401(k) Plan and Trust in IL ($3M, 48 participants).
Which 401(k) plans cover a similar participant headcount to 403(b) Thrift Plan of Work Skills Corporation? ▼
Among 401(k) plans in other states, the closest by covered participants is The California Commerce Club, Inc. Retirement Savings Plan in CA (1,718 participants, $121M 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 382025701.

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.