Other · DOL Form 5500 · 2023

Workforce Business Services, Inc. Retirement Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
1,037
Participants Near avg headcount
78th
Percentile by assets National rank
$26,418
Avg per participant Low balance/head
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Official DOL plan name: 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. · Sponsored by Workforce Business Services, Inc. · Florida · Professional & Technical Services

$27M in assets, 1,037 participants

Workforce Business Services, Inc.'s 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. reported $27M in total assets and 1,037 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #15,902 in Professional & Technical Services (20,321 peers)

Where 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. sits by assets

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. sits in the top quartile of all filed plans by assets, $27M for 1,037 participants (~$26,418/participant), up 52.2% in 2023.

#15,902
in Professional & Technical Services (20,321 peers)
+52.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

401(k) Profit-Sharing Plan for Workforce Business Services, Inc.'s outsized position by total assets

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. vs every filed plan by assets

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

$27,395,365 Top 22% higher than 78% 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

401(k) Profit-Sharing Plan for Workforce Business Services, Inc.'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. 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. lands in the large band (1,037 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. reported net income rose from $246K in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. reported participants rose from 608 in the plan year 2022 filing to 1,037 in the plan year 2023 filing.
  • 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. end-of-year assets rose from $18M in the plan year 2022 filing to $27M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 650847999 · Workforce Business Services, Inc. PY 2023 · Other

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. · $27M · 1,037 · 78th

  • NET $27M
  • BOOK 1,037
  • VS-ST 78th
  • BOY Other
  • SCH near Planned Parenthood - Los Angeles 403(b) Plan
  • EBSA ind #15902

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 Florida →

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. in the asset neighbourhood

Doheny Eye Institute Defined Contribution Retirement PlanDoheny Eye Institute Defined…$27MPlanned Parenthood - Los Angeles 403(b) PlanPlanned Parenthood - Los Ang…$27M401(k) Profit-Sharing Plan for Workforce Business Services, Inc.401(k) Profit-Sharing Plan f…$27MOld Dominion University Research Foundation Tax-Sheltered Retirement PlanOld Dominion University Rese…$27MBrio Living Services 403(b) PlanBrio Living Services 403(b) …$27M
End-of-year total assets ($M) among 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$27M
Net Income$7M
Employer EIN650847999
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Workforce Business Services, Inc.)

Sponsor-wide plan assets over time

All Workforce Business Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$37M 107.5331968335123% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $18M $37.4M ▲ +107.6%
Year Plans Participants Total Assets
2022 1 608 $18M
2023 1 1,037 $27M
2024 1 1,205 $37M

Nearby Other Plans in Florida

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

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. vs. nearby Other plans in Florida, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants 401(k) Profit-Sharing Plan for Workforce Business Services, Inc., Total assets ($B): 0.027395365 · Participants: 1037401(k) Profit-Sharing Plan for Workforce Business Services, Inc.Baptist Health South Florida, Inc. 403(b) Employee Retirement Plan, Total assets ($B): 2.330892261 · Participants: 25214Baptist Health South Florida, Inc. 403(b) Employee Retirement PlanUniversity of Miami Retirement Savings Plan, Total assets ($B): 1.720804746 · Participants: 12683University of Miami Retirement Savings PlanOrlando Health Retirement Savings Plan 403b, Total assets ($B): 1.55865765 · Participants: 26087Orlando Health Retirement Savings Plan 403bDefined Contribution Retirement Plan for Faculty of the University of Miami, Total assets ($B): 1.145895297 · Participants: 972Defined Contribution Retirement Plan for Faculty of the University of MiamiThe Nemours Foundation Section 403(b) Plan, Total assets ($B): 1.13466821 · Participants: 8505The Nemours Foundation Section 403(b) Plan
401(k) Profit-Sharing Plan for Workforce Business Services, Inc. vs. nearby Other plans in Florida, assets vs. participants

401(k) Profit-Sharing Plan for Workforce Business Services, Inc.'s out-of-state Other peers by assets and headcount

Outside Florida, the nearest Other by assets is Planned Parenthood - Los Angeles 403(b) Plan in CA ($27M); by covered participants it is Mountain Area Health Education Center, Inc. Retirement Plan in NC (1,037 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,037 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 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. assets move in 2023?
401(k) Profit-Sharing Plan for Workforce Business Services, Inc. surged - up 52.2% during 2023, from $18M to $27M. Reported net income was $7M.
How have Workforce Business Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Workforce Business Services, Inc.'s sponsor-wide assets grew 107.5%, from $18M to $37M.
Where does 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. rank by assets among Form 5500 filers?
401(k) Profit-Sharing Plan for Workforce Business Services, Inc. ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to 401(k) Profit-Sharing Plan for Workforce Business Services, Inc.?
Among Other plans in other states, the closest by assets is Planned Parenthood - Los Angeles 403(b) Plan in CA ($27M, 581 participants).
Which Other plans cover a similar participant headcount to 401(k) Profit-Sharing Plan for Workforce Business Services, Inc.?
Among Other plans in other states, the closest by covered participants is Mountain Area Health Education Center, Inc. Retirement Plan in NC (1,037 participants, $68M in assets).