Profit Sharing · DOL Form 5500 · 2023

Westminster Services, Inc. Profit Sharing Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
1,543
Participants Near avg headcount
62nd
Percentile by assets National rank
$7,471
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Westminster Services, Inc. Retirement Plan · Sponsored by Westminster Services, Inc. · Florida · Healthcare & Social Assistance

$12M in assets, 1,543 participants

Westminster Services, Inc.'s Westminster Services, Inc. Retirement Plan reported $12M in total assets and 1,543 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #11,868 in Healthcare & Social Assistance (17,684 peers)

Coverage in Florida

Westminster Services, Inc. Retirement Plan covers 1,543 participants in Florida, 2.5x the typical Florida plan (state average ~628 per filing). Assets: $12M.

#11,868
in Healthcare & Social Assistance (17,684 peers)
+10.8%
assets growth YoY

Westminster Services, Inc. Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Westminster Services, Inc. Retirement Plan vs every filed plan by assets

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

$11,528,247 Top 38% higher than 62% 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

Westminster Services, Inc. Retirement Plan'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. Westminster Services, Inc. Retirement Plan lands in the large band (1,543 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Westminster Services, Inc. Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Westminster Services, Inc. Retirement Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Westminster Services, Inc. Retirement Plan reported participants rose from 1,494 in the plan year 2022 filing to 1,543 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 590931267 · Westminster Services, Inc. PY 2023 · Profit Sharing

Westminster Services, Inc. Retirement Plan · $12M · 1,543 · 62nd

  • NET $12M
  • NET 1,543
  • NET 62nd
  • NET Profit Sharing
  • NET near The Baldwin School of P.R. Profit Sharing Plan
  • NET ind #11868

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 Healthcare & Social Assistance retirement plans → · Plans in Florida →

Westminster Services, Inc. Retirement Plan in the asset neighbourhood

Hospice of Spokane 403(b) PlanHospice of Spokane 403(b) Pl…$12MWestminster Services, Inc. Retirement PlanWestminster Services, Inc. R…$12MThe Baldwin School of P.R. Profit Sharing PlanThe Baldwin School of P.R. P…$12MWestmass Eldercare, Inc. Tax Shelter Retirement PlanWestmass Eldercare, Inc. Tax…$12MKaskaskia Workshop, Inc. Profit Sharing PlanKaskaskia Workshop, Inc. Pro…$12M
End-of-year total assets ($M) among Westminster Services, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$1M
Employer EIN590931267
Plan Effective Date1994-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westminster Services, Inc.)

Sponsor-wide plan assets over time

All Westminster Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 20.048028854222316% vs 2022
2024 filing year
$10M$11M$12M$13M 202220232024 $10.4M $12.5M ▲ +20.1%
Year Plans Participants Total Assets
2022 1 1,494 $10M
2023 1 1,543 $12M
2024 1 1,661 $12M

Nearby Profit Sharing Plans in Florida

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

Westminster Services, Inc. Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Westminster Services, Inc. Retirement Plan, Total assets ($B): 0.011528247 · Participants: 1543Westminster Services, Inc. Retirement PlanRetirement Wealth Builder Plan of Pwc, Total assets ($B): 4.922422145 · Participants: 44753Retirement Wealth Builder Plan of PwcRaymond James Financial, Inc. & Affiliates Profit Sharing Plan, Total assets ($B): 1.237831199 · Participants: 15503Raymond James Financial, Inc. & Affiliates Profit Sharing PlanOrlando Health, Inc. Retirement Savings Plan 401a, Total assets ($B): 0.441302885 · Participants: 26077Orlando Health, Inc. Retirement Savings Plan 401aShands Health Care Matched Savings Account 401(a), Total assets ($B): 0.421060931 · Participants: 9825Shands Health Care Matched Savings Account 401(a)American Maritime Officers Defined Contribution Plan, Total assets ($B): 0.314107816 · Participants: 4371American Maritime Officers Defined Contribution Plan
Westminster Services, Inc. Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Westminster Services, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Florida, the nearest Profit Sharing by assets is The Baldwin School of P.R. Profit Sharing Plan in PR ($12M); by covered participants it is Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund in NY (1,544 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,543 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 Westminster Services, Inc. Retirement Plan assets move in 2023?
Westminster Services, Inc. Retirement Plan grew at a solid clip - up 10.8% during 2023, from $10M to $12M. Reported net income was $1M.
How have Westminster Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Westminster Services, Inc.'s sponsor-wide assets grew 20.0%, from $10M to $12M.
Which Profit Sharing plans are similar in size to Westminster Services, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is The Baldwin School of P.R. Profit Sharing Plan in PR ($12M, 139 participants).
Which Profit Sharing plans cover a similar participant headcount to Westminster Services, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund in NY (1,544 participants, $359M in assets).