Other · DOL Form 5500 · 2024

Workforce Business Services, Inc. Retirement Plan

Data updated 2026-08-06

$37M
Total assets
1,205
Participants
81st
Percentile by assets
$31,002
Avg per participant
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Official DOL plan name: 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. · Sponsored by Workforce Business Services, Inc. · Florida · Professional & Technical Services

$37M in assets, 1,205 participants

Workforce Business Services, Inc.'s 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. reported $37M in total assets and 1,205 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • 81st percentile by assets (of 116,472 plans)
  • #15,856 in Professional & Technical Services (19,542 peers)

Where 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. sits by assets

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. sits in the top quartile of all filed plans by assets, $37M for 1,205 participants (~$31,002/participant), up 36.4% in 2024.

$37M
total plan assets (2024 EOY)
1,205
covered participants
81st
percentile by assets (of 116,472 plans)
$31,002
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. end-of-year assets rose from $27M in the plan year 2023 filing to $37M in the plan year 2024 filing.
  • 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. reported net income rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. reported participants rose from 1,037 in the plan year 2023 filing to 1,205 in the plan year 2024 filing.

See the national 2023→2024 release diff →

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. vs the 2024 asset distribution

By assets, 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. outranks 81% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$37M
Net Income$9M
Employer EIN650847999
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Workforce Business Services, Inc.)

$10M$20M$30M$40M 202220232024 $18M $37.4M ▲ +107.6%
Total plan assets by year, all Workforce Business Services, Inc. plans on file
Year Plans Participants Total Assets
2022 1 608 $18M
2023 1 1,037 $27M
2024 1 1,205 $37M

Nearby Other Plans in Florida

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

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. vs. nearby Other plans in Florida, assets vs. participants

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. vs. nearby Other plans in Florida, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants 401(k) Profit-Sharin…Baptist Health South…University of Miami …Orlando Health Retir…The Nemours Foundati…Lee Health System 40…
401(k) Profit-Sharing Plan for Workforce Business Services, Inc. vs. nearby Other plans in Florida, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. by total assets, not by location.

Frequently Asked Questions

How did 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. assets move in 2024?
401(k) Profit-Sharing Plan for Workforce Business Services, Inc. surged - up 36.4% during 2024, from $27M to $37M. Reported net income was $9M.
How have Workforce Business Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Workforce Business Services, Inc.'s sponsor-wide assets grew 107.5%, from $18M to $37M.
Where does 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. rank by assets among Form 5500 filers?
401(k) Profit-Sharing Plan for Workforce Business Services, Inc. ranks in the 81st percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to 401(k) Profit-Sharing Plan for Workforce Business Services, Inc.?
Among Other plans in other states, the closest by assets is Mount Vernon Ladies' Association of the Union 403(b) Plan in VA ($37M, 594 participants).

Next read for 401(k) Profit-Sharing Plan for Workforce…

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Ways to act on 401(k) Profit-Sharing Plan for Workforce Business Services, Inc.'s numbers.