Profit Sharing · DOL Form 5500 · 2023

Element Care, Inc. Profit Sharing Plan

Data updated 2026-08-11

$22M
Total assets
336
Participants
74th
Percentile by assets
$64,021
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Element Care, Inc. 403(b) Plan · Sponsored by Element Care, Inc. · Massachusetts · Healthcare & Social Assistance

$22M in assets, 336 participants

Element Care, Inc.'s Element Care, Inc. 403(b) Plan reported $22M in total assets and 336 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 127,072 plans)
  • #13,824 in Healthcare & Social Assistance (17,684 peers)

Element Care, Inc. multi-year trail

Element Care, Inc.'s plans moved +40.0% in assets from 2022 to 2024; this filing shows Element Care, Inc. 403(b) Plan at $22M / 336 participants.

$22M
total plan assets (2023 EOY)
336
covered participants
74th
percentile by assets (of 127,072 plans)
$64,021
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Element Care, Inc. 403(b) Plan reported net income rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Element Care, Inc. 403(b) Plan end-of-year assets rose from $18M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Element Care, Inc. 403(b) Plan reported participants rose from 325 in the plan year 2022 filing to 336 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Element Care, Inc. across 3 plan years on file

Across the 3 plan years Element Care, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $18M to $25M, a gain of 40.0%, while reported participants moved from 325 to 359 (+10.5%). Peak year by sponsor assets: 2024 ($25M); trough: 2022 ($18M).

Element Care, Inc. multi-year asset trail

$15M$20M$25M$30M 202220232024 $17.7M $24.7M ▲ +39.9%
Total plan assets by year, all Element Care, Inc. plans on file
Year Plans Participants Total Assets
2022 1 325 $18M
2023 1 336 $22M
2024 1 359 $25M

Element Care, Inc. filing trail (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$4M
Employer EIN043267751
Plan Effective Date2011-08-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Massachusetts

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

Element Care, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Element Care, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Element Care, Inc. 4…Consolidated 403(b) …Demoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …
Element Care, Inc. 403(b) 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 Element Care, Inc. 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Element Care, Inc. 403(b) Plan assets move in 2023?
Element Care, Inc. 403(b) Plan grew sharply - up 21.7% during 2023, from $18M to $22M. Reported net income was $4M.
How have Element Care, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Element Care, Inc.'s sponsor-wide assets grew 40.0%, from $18M to $25M.
Which Profit Sharing plans are similar in size to Element Care, Inc. 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is California Thoroughbred Trainers Backstretch Employees' Retirement Savings Pension Plan in CA ($22M, 901 participants).

Multi-year trail

Ways to act on Element Care, Inc. 403(b) Plan's numbers.