401(k) · DOL Form 5500 · 2023

Teamworks Business Services, LLC 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
194
Participants Below avg headcount
45th
Percentile by assets National rank
$27,053
Avg per participant Low balance/head
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Official DOL plan name: Teamworks Retirement Savings Plan · Sponsored by Teamworks Business Services, LLC · Utah · Administrative & Support Services

$5M in assets, 194 participants

Teamworks Business Services, LLC's Teamworks Retirement Savings Plan reported $5M in total assets and 194 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

  • #2,953 in Administrative & Support Services (4,372 peers)

Coverage in Utah

Teamworks Retirement Savings Plan covers 194 participants in Utah, about 33% of the average Utah filer (state average ~592 per filing). Assets: $5M.

#2,953
in Administrative & Support Services (4,372 peers)
+40.0%
assets growth YoY

Teamworks Retirement Savings Plan's mid-pack asset rank among Administrative & Support Services and all filers

Teamworks Retirement Savings Plan vs every filed plan by assets

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

$5,248,319 45th percentile higher than 45% 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

Teamworks Retirement Savings 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. Teamworks Retirement Savings Plan sits mid-pack in the medium band (194 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teamworks Retirement Savings Plan reported net income rose from -$486K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Teamworks Retirement Savings Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Teamworks Retirement Savings Plan reported participants fell from 224 in the plan year 2022 filing to 194 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 870567952 · Teamworks Business Services, LLC PY 2023 · 401(k)

Teamworks Retirement Savings Plan · $5M · 194 · 45th

  • VS-ST $5M
  • VS-ST 194
  • VS-ST 45th
  • VS-ST 401(k)
  • VS-ST near Docufree Corporation 401(k) Plan
  • VS-ST ind #2953

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 Administrative & Support Services retirement plans → · Plans in Utah →

Teamworks Retirement Savings Plan in the asset neighbourhood

Teamworks Retirement Savings PlanTeamworks Retirement Savings…$5MDocufree Corporation 401(k) PlanDocufree Corporation 401(k) …$5MArizona Fasteners Corporation 401(k) Ps PlanArizona Fasteners Corporatio…$5MFour Corners 401(k) Plan$5MMidland Optical 401(k) Plan$5M
End-of-year total assets ($M) among Teamworks Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$1M
Employer EIN870567952
Plan Effective Date1997-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teamworks Business Services, LLC)

Sponsor-wide plan assets over time

All Teamworks Business Services, LLC plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$2M$4M$6M 202220232024 $3.75M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 3 2,558 $4M
2023 1 194 $5M
2024 1 162 N/A

Nearby 401(k) Plans in Utah

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

Teamworks Retirement Savings Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Teamworks Retirement Savings Plan, Total assets ($B): 0.005248319 · Participants: 194Teamworks Retirement Savings PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Teamworks Retirement Savings Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Teamworks Retirement Savings Plan side-by-side with 3 peers →

Teamworks Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Docufree Corporation 401(k) Plan in GA ($5M); by covered participants it is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (194 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 Teamworks Retirement Savings Plan assets move in 2023? ▼
Teamworks Retirement Savings Plan surged - up 40.0% during 2023, from $4M to $5M. Reported net income was $1M.
Which 401(k) plans are similar in size to Teamworks Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Docufree Corporation 401(k) Plan in GA ($5M, 202 participants).
Which 401(k) plans cover a similar participant headcount to Teamworks Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants, $3M 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 870567952.

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.