Profit Sharing · DOL Form 5500 · 2023

Bay Cove Human Services, Inc. Profit Sharing Plan

Data updated 2026-08-11

$49M
Total assets: 902
Participants: 85th
Percentile by assets: $53,800
Avg per participant

Official DOL plan name: Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan · Sponsored by Bay Cove Human Services, Inc. · Massachusetts · Healthcare & Social Assistance

$49M in assets, 902 participants

Bay Cove Human Services, Inc.'s Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan reported $49M in total assets and 902 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

85th percentile by assets (of 127,072 plans)
#15,468 in Healthcare & Social Assistance (17,684 peers)

Where Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan sits by assets

Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan sits in the top quartile of all filed plans by assets, $49M for 902 participants (~$53,800/participant), up 10.3% in 2023.

$49M
total plan assets (2023 EOY): 902
covered participants: 85th
percentile by assets (of 127,072 plans): $53,800
avg assets per participant

Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan reported net income fell from $6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan end-of-year assets rose from $44M in the plan year 2022 filing to $49M in the plan year 2023 filing.
Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan reported participants rose from 860 in the plan year 2022 filing to 902 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Healthcare & Social Assistance

Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan vs the 2023 asset distribution

By assets, Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan outranks 85% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$44M
Net Assets (End of Year)	$49M
Net Income	$5M
Employer EIN	042518575
Plan Effective Date	1997-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Bay Cove Human Services, Inc.)

Total plan assets by year, all Bay Cove Human Services, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	860	$44M
2023	1	902	$49M
2024	1	941	$55M

Nearby Profit Sharing Plans in Massachusetts

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

Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Consolidated 403(b) Program of Mass General Brigham and Member Organizations $14.9B · 74,212
Demoulas (Restated) Profit Sharing Plan & Trust $1.0B · 12,622
Dana-Farber Cancer Institute Retirement Plan $788M · 4,630
The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $679M · 6,360
Sheet Metal Workers Local 17 Annuity Income Fund $617M · 2,868

Compare Bay Cove Human Services, Inc. 403(b) Sav… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan by total assets, not by location.

The Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc. (WV) $49M · 274
IBEW Local 129 Profit Sharing Annuity Plan (MI) $48M · 370
Americas 403b Pep (PA) $48M · 857
Taylor, Porter, Brooks & Phillips, L.L.P. Profit Sharing Plan (LA) $48M · 86

Frequently Asked Questions

How did Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan assets move in 2023? ▼

Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan grew at a solid clip - up 10.3% during 2023, from $44M to $49M. Reported net income was $5M.

How have Bay Cove Human Services, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Bay Cove Human Services, Inc.'s sponsor-wide assets grew 25.9%, from $44M to $55M.

Where does Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan rank by assets among Form 5500 filers? ▼

Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is The Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc. in WV ($49M, 274 participants).

Next read for Bay Cove Human Services, Inc. 403(b) Sav…

Scale reading

Ways to act on Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan's numbers.

By total assets, Bay Cove Human Services, Inc. 403(b) Savings and Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
Bay Cove Human Services, Inc.'s sponsor-wide assets have grown 25.9% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

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 042518575.