Profit Sharing · DOL Form 5500 · 2024
Elder Services of Worcester Area Profit Sharing Plan
Data updated 2026-08-06
- $16M
- Total assets
- 296
- Participants
- 66th
- Percentile by assets
- $54,238
- Avg per participant
Official DOL plan name: 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. · Sponsored by Elder Services of Worcester Area · Massachusetts · Healthcare & Social Assistance
$16M in assets, 296 participants
Elder Services of Worcester Area's 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. reported $16M in total assets and 296 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.
- 66th percentile by assets (of 116,472 plans)
Coverage in Massachusetts
403(b) Thrift Plan of Elder Services of Worcester Area, Inc. covers 296 participants in Massachusetts, about 46% of the average Massachusetts filer (state average ~641 per filing). Assets: $16M.
- $16M
- total plan assets (2024 EOY)
- 296
- covered participants
- 66th
- percentile by assets (of 116,472 plans)
- $54,238
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. reported participants rose from 264 in the plan year 2023 filing to 296 in the plan year 2024 filing.
- 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. end-of-year assets rose from $14M in the plan year 2023 filing to $16M in the plan year 2024 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 641 participants across 3,941 plans. 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. reports 296 participants - about 46% of that state average ($16M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $16M |
| Net Income | $2M |
| Employer EIN | 042545221 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Elder Services of Worcester Area)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 198 | $12M |
| 2023 | 1 | 264 | $14M |
| 2024 | 1 | 296 | $16M |
Nearby Profit Sharing Plans in Massachusetts
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
403(b) Thrift Plan of Elder Services of Worcester Area, Inc. vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
- Demoulas (Restated) Profit Sharing Plan & Trust $1.1B · 14,037
- Dana-Farber Cancer Institute Retirement Plan $930M · 5,518
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $686M · 6,385
- Sheet Metal Workers Local 17 Annuity Income Fund $656M · 3,065
- Medical Information Technology, Inc. Profit Sharing Plan $409M · 3,306
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. by total assets, not by location.
Frequently Asked Questions
How did 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. assets move in 2024? ▼
How have Elder Services of Worcester Area plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to 403(b) Thrift Plan of Elder Services of Worcester Area, Inc.? ▼
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Filing takeaways
Ways to act on 403(b) Thrift Plan of Elder Services of Worcester Area, Inc.'s numbers.
- By total assets, 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
- Elder Services of Worcester Area's sponsor-wide assets have grown 35.5% 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 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042545221.
Read our methodology - how this data is sourced, computed, and verified.