Profit Sharing · DOL Form 5500 · 2023

Neccs, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
16
Participants Small participant base
42nd
Percentile by assets National rank
$280,818
Avg per participant High balance/head
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Official DOL plan name: Neccs, Inc. Retirement Plan · Sponsored by Neccs, Inc. · Massachusetts · Administrative & Support Services

$4M in assets, 16 participants

Neccs, Inc.'s Neccs, Inc. Retirement Plan reported $4M in total assets and 16 participants in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.

  • #2,845 in Administrative & Support Services (4,372 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, Neccs, Inc. Retirement Plan ranks #2,845 of 4,372 2023 filers by assets (642% of the sector average)-$4M for 16 participants.

#2,845
in Administrative & Support Services (4,372 peers)
-15.1%
assets change YoY

The plan reported a net loss of $799K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Neccs, Inc. Retirement Plan's mid-pack asset rank among Administrative & Support Services and all filers

Neccs, Inc. Retirement Plan vs every filed plan by assets

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

$4,493,092 42nd percentile higher than 42% 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

Neccs, Inc. Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Neccs, Inc. Retirement Plan is a small filing (16 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Neccs, Inc. Retirement Plan reported net income fell from $506K in the plan year 2022 filing to -$799K in the plan year 2023 filing.
  • Neccs, Inc. Retirement Plan end-of-year assets fell from $5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Neccs, Inc. Retirement Plan reported participants rose from 15 in the plan year 2022 filing to 16 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 261283591 · Neccs, Inc. PY 2023 · Profit Sharing

Neccs, Inc. Retirement Plan · $4M · 16 · 42nd

  • PHOTO $4M
  • PHOTO 16
  • PHOTO 42nd
  • PHOTO Profit Sharing
  • PHOTO near Decoma Day Camp Inc Employees Profit Sharing Plan
  • PHOTO ind #2845

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 Administrative & Support Services retirement plans → · Plans in Massachusetts →

Neccs, Inc. Retirement Plan in the asset neighbourhood

Decoma Day Camp Inc Employees Profit Sharing PlanDecoma Day Camp Inc Employee…$4MCoastal Air Solutions II, Inc. Retirement PlanCoastal Air Solutions II, In…$5MSteven J. Karvellas & Co., Inc. Retirement PlanSteven J. Karvellas & Co., I…$5MNeccs, Inc. Retirement Plan$4MSateri Home Inc & SubsidiariesSateri Home Inc & Subsidiari…$4M
End-of-year total assets ($M) among Neccs, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$799K
Employer EIN261283591
Plan Effective Date2007-10-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Neccs, Inc.)

Sponsor-wide plan assets over time

All Neccs, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 12.26414737793715% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M 202220232024 $5.29M $4.64M ▼ -12.3%
Year Plans Participants Total Assets
2022 1 15 $5M
2023 1 16 $4M
2024 1 16 $5M

Nearby Profit Sharing Plans in Massachusetts

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

Neccs, Inc. Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Neccs, Inc. Retirement Plan, Total assets ($B): 0.004493092 · Participants: 16Neccs, Inc. 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
Neccs, Inc. Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
Compare Neccs, Inc. Retirement Plan side-by-side with 3 peers →

Neccs, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is Decoma Day Camp Inc Employees Profit Sharing Plan in IL ($4M); by covered participants it is Harris & Hart, Inc. Employees' Profit Sharing Plan in UT (16 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (16 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 Neccs, Inc. Retirement Plan assets move in 2023? ▼
Neccs, Inc. Retirement Plan declined sharply - down 15.1% during 2023, from $5M to $4M. Reported net income was -$799K.
How have Neccs, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Neccs, Inc.'s sponsor-wide assets declined 12.3%, from $5M to $5M.
Which Profit Sharing plans are similar in size to Neccs, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Decoma Day Camp Inc Employees Profit Sharing Plan in IL ($4M, 9 participants).
Which Profit Sharing plans cover a similar participant headcount to Neccs, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Harris & Hart, Inc. Employees' Profit Sharing Plan in UT (16 participants, $10M 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 261283591.

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.