401(k) · DOL Form 5500 · 2023

People, Incorporated 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
724
Participants Near avg headcount
55th
Percentile by assets National rank
$11,817
Avg per participant Low balance/head
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Official DOL plan name: 403(b) Thrift Plan for Employees of People, Incorporated · Sponsored by People, Incorporated · Massachusetts · Healthcare & Social Assistance

$9M in assets, 724 participants

People, Incorporated's 403(b) Thrift Plan for Employees of People, Incorporated reported $9M in total assets and 724 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #10,752 in Healthcare & Social Assistance (17,684 peers)

People, Incorporated multi-year trail

People, Incorporated's plans moved +13.8% in assets from 2022 to 2024; this filing shows 403(b) Thrift Plan for Employees of People, Incorporated at $9M / 724 participants.

#10,752
in Healthcare & Social Assistance (17,684 peers)
+16.8%
assets growth YoY

403(b) Thrift Plan for Employees of People, Incorporated's mid-pack asset rank among Healthcare & Social Assistance and all filers

403(b) Thrift Plan for Employees of People, Incorporated vs every filed plan by assets

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

$8,555,247 Top 45% higher than 55% 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 for Employees of People, Incorporated 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. 403(b) Thrift Plan for Employees of People, Incorporated sits mid-pack in the medium band (724 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 403(b) Thrift Plan for Employees of People, Incorporated end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • 403(b) Thrift Plan for Employees of People, Incorporated reported net income rose from $1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • 403(b) Thrift Plan for Employees of People, Incorporated reported participants fell from 758 in the plan year 2022 filing to 724 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 042447216 · People, Incorporated PY 2023 · 401(k)

403(b) Thrift Plan for Employees of People, Incorporated · $9M · 724 · 55th

  • IND $9M
  • EOY 724
  • 5500 55th
  • ASSETS 401(k)
  • PCT near Park Avenue Motor Cars 401(k) Plan
  • EIN ind #10752

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 →

403(b) Thrift Plan for Employees of People, Incorporated in the asset neighbourhood

403(b) Thrift Plan for Employees of People, Incorporated403(b) Thrift Plan for Emplo…$9MPark Avenue Motor Cars 401(k) PlanPark Avenue Motor Cars 401(k…$9MCornerstone Community Financial Credit Union 401(k) PlanCornerstone Community Financ…$9MMidland Container Corporation Cash or Deferred Ps PlanMidland Container Corporatio…$9MHowe & Company, Cpa PC 401(k) Profit Sharing PlanHowe & Company, Cpa PC 401(k…$9M
End-of-year total assets ($M) among 403(b) Thrift Plan for Employees of People, Incorporated and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

People, Incorporated multi-year asset trail

Sponsor-wide plan assets over time

All People, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$8M 13.777072538471053% vs 2022
2024 filing year
$7M$7.5M$8M$8.5M$9M 202220232024 $7.32M $8.33M ▲ +13.8%
Year Plans Participants Total Assets
2022 1 758 $7M
2023 1 724 $9M
2024 1 281 $8M

People, Incorporated filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN042447216
Plan Effective Date2004-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

403(b) Thrift Plan for Employees of People, Incorporated vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants 403(b) Thrift Plan for Employees of People, Incorporated, Total assets ($B): 0.008555247 · Participants: 724403(b) Thrift Plan for Employees of People, IncorporatedFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
403(b) Thrift Plan for Employees of People, Incorporated vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare 403(b) Thrift Plan for Employees of People, Incorporated side-by-side with 3 peers →

403(b) Thrift Plan for Employees of People, Incorporated's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Park Avenue Motor Cars 401(k) Plan in PA ($9M); by covered participants it is E & E 401(k) & Profit Sharing Plan in CA (724 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (724 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 for Employees of People, Incorporated assets move in 2023? ▼
403(b) Thrift Plan for Employees of People, Incorporated grew sharply - up 16.8% during 2023, from $7M to $9M. Reported net income was $1M.
How have People, Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), People, Incorporated's sponsor-wide assets grew 13.8%, from $7M to $8M.
Which 401(k) plans are similar in size to 403(b) Thrift Plan for Employees of People, Incorporated? ▼
Among 401(k) plans in other states, the closest by assets is Park Avenue Motor Cars 401(k) Plan in PA ($9M, 122 participants).
Which 401(k) plans cover a similar participant headcount to 403(b) Thrift Plan for Employees of People, Incorporated? ▼
Among 401(k) plans in other states, the closest by covered participants is E & E 401(k) & Profit Sharing Plan in CA (724 participants, $34M 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 042447216.

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.