Profit Sharing · DOL Form 5500 · 2023

Worcester Art Museum Profit Sharing Plan

Data updated 2026-08-11

$13M
Total assets
199
Participants
64th
Percentile by assets
$63,575
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Worcester Art Museum Retirement Plan · Sponsored by Worcester Art Museum · Massachusetts · Arts, Entertainment & Recreation

$13M in assets, 199 participants

Worcester Art Museum's Worcester Art Museum Retirement Plan reported $13M in total assets and 199 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 127,072 plans)
  • #2,288 in Arts, Entertainment & Recreation (2,945 peers)

Coverage in Massachusetts

Worcester Art Museum Retirement Plan covers 199 participants in Massachusetts, about 30% of the average Massachusetts filer (state average ~659 per filing). Assets: $13M.

$13M
total plan assets (2023 EOY)
199
covered participants
64th
percentile by assets (of 127,072 plans)
$63,575
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Worcester Art Museum Retirement Plan reported net income rose from $1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Worcester Art Museum Retirement Plan reported participants rose from 164 in the plan year 2022 filing to 199 in the plan year 2023 filing.
  • Worcester Art Museum Retirement Plan end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Worcester Art Museum Retirement Plan reports 199 participants - about 30% of that state average ($13M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$1M
Employer EIN041988530
Plan Effective Date1980-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Worcester Art Museum)

$11M$12M$13M$14M 202220232024 $11.2M $13.2M ▲ +17.9%
Total plan assets by year, all Worcester Art Museum plans on file
Year Plans Participants Total Assets
2022 1 164 $11M
2023 1 199 $13M
2024 1 186 $13M

Nearby Profit Sharing Plans in Massachusetts

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

Worcester Art Museum Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Worcester Art Museum Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Worcester Art Museum…Consolidated 403(b) …Demoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …
Worcester Art Museum Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Worcester Art Museum Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Worcester Art Museum Retirement Plan assets move in 2023?
Worcester Art Museum Retirement Plan grew at a solid clip - up 12.7% during 2023, from $11M to $13M. Reported net income was $1M.
How have Worcester Art Museum plan assets changed over time?
Across 3 plan years on file (2022-2024), Worcester Art Museum's sponsor-wide assets grew 17.9%, from $11M to $13M.
Which Profit Sharing plans are similar in size to Worcester Art Museum Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Great Eastern Management Company Profit Sharing Plan in VA ($13M, 31 participants).

Filing takeaways

Ways to act on Worcester Art Museum Retirement Plan's numbers.