Profit Sharing · DOL Form 5500 · 2024

Elder Services of Worcester Area Profit Sharing Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
296
Participants Below avg headcount
66th
Percentile by assets National rank
$54,238
Avg per participant Low balance/head
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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.

  • #11,976 in Healthcare & Social Assistance (16,916 peers)

Coverage in Massachusetts

403(b) Thrift Plan of Elder Services of Worcester Area, Inc. covers 296 participants in Massachusetts, about 45% of the average Massachusetts filer (state average ~659 per filing). Assets: $16M.

#11,976
in Healthcare & Social Assistance (16,916 peers)
+11.2%
assets growth YoY

403(b) Thrift Plan of Elder Services of Worcester Area, Inc.'s mid-pack asset rank among Healthcare & Social Assistance and all filers

403(b) Thrift Plan of Elder Services of Worcester Area, Inc. vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$16,054,491 Top 34% higher than 66% of 123,620 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 2024

403(b) Thrift Plan of Elder Services of Worcester Area, Inc. among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. sits mid-pack in the medium band (296 participants).

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 042545221 · Elder Services of Worcester Area PY 2024 · Profit Sharing

403(b) Thrift Plan of Elder Services of Worcester Area, Inc. · $16M · 296 · 66th

  • VS-ST $16M
  • VS-ST 296
  • VS-ST 66th
  • VS-ST Profit Sharing
  • VS-ST near Southlake Orthopaedics Sports Medicine & Spine Center Profit Sharing Plan
  • VS-ST ind #11976

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 Healthcare & Social Assistance retirement plans → · Plans in Massachusetts →

403(b) Thrift Plan of Elder Services of Worcester Area, Inc. in the asset neighbourhood

Brown & Brown Law Offices, P.C. Profit Sharing PlanBrown & Brown Law Offices, P…$16MUnited Cerebral Palsy of Queens, Inc. Retirement PlanUnited Cerebral Palsy of Que…$16MCenter for Energy and Environment 403(b) PlanCenter for Energy and Enviro…$16MSouthlake Orthopaedics Sports Medicine & Spine Center Profit Sharing PlanSouthlake Orthopaedics Sport…$16M403(b) Thrift Plan of Elder Services of Worcester Area, Inc.403(b) Thrift Plan of Elder …$16M
End-of-year total assets ($M) among 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN042545221
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elder Services of Worcester Area)

Sponsor-wide plan assets over time

All Elder Services of Worcester Area plans reported in each filing year

Latest sponsor-wide plan assets
$16M 35.54857373134797% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.8M $16.1M ▲ +35.6%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants 403(b) Thrift Plan of Elder Services of Worcester Area, Inc., Total assets ($B): 0.016054491 · Participants: 296403(b) Thrift Plan of Elder Services of Worcester Area, Inc.Consolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 16.746508173 · Participants: 76559Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 1.11674253 · Participants: 14037Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.93023844 · Participants: 5518Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.685607607 · Participants: 6385The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.656271721 · Participants: 3065Sheet Metal Workers Local 17 Annuity Income Fund
403(b) Thrift Plan of Elder Services of Worcester Area, Inc. vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

403(b) Thrift Plan of Elder Services of Worcester Area, Inc.'s out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is Southlake Orthopaedics Sports Medicine & Spine Center Profit Sharing Plan in AL ($16M); by covered participants it is Universal Bearings LLC Profit Sharing Plan & Trust in IN (296 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. assets move in 2024?
403(b) Thrift Plan of Elder Services of Worcester Area, Inc. grew at a solid clip - up 11.2% during 2024, from $14M to $16M. Reported net income was $2M.
How have Elder Services of Worcester Area plan assets changed over time?
Across 3 plan years on file (2022-2024), Elder Services of Worcester Area's sponsor-wide assets grew 35.5%, from $12M to $16M.
Which Profit Sharing plans are similar in size to 403(b) Thrift Plan of Elder Services of Worcester Area, Inc.?
Among Profit Sharing plans in other states, the closest by assets is Southlake Orthopaedics Sports Medicine & Spine Center Profit Sharing Plan in AL ($16M, 105 participants).
Which Profit Sharing plans cover a similar participant headcount to 403(b) Thrift Plan of Elder Services of Worcester Area, Inc.?
Among Profit Sharing plans in other states, the closest by covered participants is Universal Bearings LLC Profit Sharing Plan & Trust in IN (296 participants, $26M in assets).