Profit Sharing · DOL Form 5500 · 2023

Westmass Eldercare, Inc. Profit Sharing Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
221
Participants Below avg headcount
62nd
Percentile by assets National rank
$52,180
Avg per participant Low balance/head
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Official DOL plan name: Westmass Eldercare, Inc. Tax Shelter Retirement Plan · Sponsored by Westmass Eldercare, Inc. · Massachusetts · Healthcare & Social Assistance

$12M in assets, 221 participants

Westmass Eldercare, Inc.'s Westmass Eldercare, Inc. Tax Shelter Retirement Plan reported $12M in total assets and 221 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.

  • #11,871 in Healthcare & Social Assistance (17,684 peers)

Coverage in Massachusetts

Westmass Eldercare, Inc. Tax Shelter Retirement Plan covers 221 participants in Massachusetts, about 34% of the average Massachusetts filer (state average ~659 per filing). Assets: $12M.

#11,871
in Healthcare & Social Assistance (17,684 peers)
+5.7%
assets growth YoY

Westmass Eldercare, Inc. Tax Shelter Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Westmass Eldercare, Inc. Tax Shelter Retirement Plan vs every filed plan by assets

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

$11,531,858 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

Westmass Eldercare, Inc. Tax Shelter Retirement 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. Westmass Eldercare, Inc. Tax Shelter Retirement Plan sits mid-pack in the medium band (221 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Westmass Eldercare, Inc. Tax Shelter Retirement Plan reported net income rose from -$116K in the plan year 2022 filing to $617K in the plan year 2023 filing.
  • Westmass Eldercare, Inc. Tax Shelter Retirement Plan reported participants rose from 195 in the plan year 2022 filing to 221 in the plan year 2023 filing.
  • Westmass Eldercare, Inc. Tax Shelter Retirement Plan end-of-year assets rose from $11M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 042545848 · Westmass Eldercare, Inc. PY 2023 · Profit Sharing

Westmass Eldercare, Inc. Tax Shelter Retirement Plan · $12M · 221 · 62nd

  • PHOTO $12M
  • PHOTO 221
  • PHOTO 62nd
  • PHOTO Profit Sharing
  • PHOTO near Kaskaskia Workshop, Inc. Profit Sharing Plan
  • PHOTO ind #11871

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 Massachusetts →

Westmass Eldercare, Inc. Tax Shelter Retirement Plan in the asset neighbourhood

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

Massachusetts filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$617K
Employer EIN042545848
Plan Effective Date1978-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westmass Eldercare, Inc.)

Sponsor-wide plan assets over time

All Westmass Eldercare, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 8.420122043846876% vs 2022
2024 filing year
$9.5M$10M$10.5M$11M$11.5M$12M 202220232024 $10.9M $10M ▼ -8.3%
Year Plans Participants Total Assets
2022 2 319 $11M
2023 1 221 $12M
2024 1 232 $10M

Nearby Profit Sharing Plans in Massachusetts

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

Westmass Eldercare, Inc. Tax Shelter Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Westmass Eldercare, Inc. Tax Shelter Retirement Plan, Total assets ($B): 0.011531858 · Participants: 221Westmass Eldercare, Inc. Tax Shelter Retirement PlanConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 14.924829262 · Participants: 74212Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 1.003886994 · Participants: 12622Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.788456235 · Participants: 4630Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.679151027 · Participants: 6360The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.616742666 · Participants: 2868Sheet Metal Workers Local 17 Annuity Income Fund
Westmass Eldercare, Inc. Tax Shelter Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
Compare Westmass Eldercare, Inc. Tax Shelter Retirement Plan side-by-side with 3 peers →

Westmass Eldercare, Inc. Tax Shelter Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is Kaskaskia Workshop, Inc. Profit Sharing Plan in IL ($12M); by covered participants it is Cedar Crest 403(b) Plan in WI (221 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (221 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 Westmass Eldercare, Inc. Tax Shelter Retirement Plan assets move in 2023? ▼
Westmass Eldercare, Inc. Tax Shelter Retirement Plan grew at a solid clip - up 5.7% during 2023, from $11M to $12M. Reported net income was $617K.
How have Westmass Eldercare, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Westmass Eldercare, Inc.'s sponsor-wide assets declined 8.4%, from $11M to $10M.
Which Profit Sharing plans are similar in size to Westmass Eldercare, Inc. Tax Shelter Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Kaskaskia Workshop, Inc. Profit Sharing Plan in IL ($12M, 95 participants).
Which Profit Sharing plans cover a similar participant headcount to Westmass Eldercare, Inc. Tax Shelter Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Cedar Crest 403(b) Plan in WI (221 participants, $5M 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 042545848.

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.