Other · DOL Form 5500 · 2024

Workforce Business Services, Inc. Retirement Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
1,205
Participants Near avg headcount
80th
Percentile by assets National rank
$31,002
Avg per participant Low balance/head
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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 80th 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.

  • #16,325 in Professional & Technical Services (20,173 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.

#16,325
in Professional & Technical Services (20,173 peers)
+36.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

401(k) Profit-Sharing Plan for Workforce Business Services, Inc.'s outsized position by total assets

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. vs every filed plan by assets

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

$37,357,038 Top 20% higher than 80% 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

401(k) Profit-Sharing Plan for Workforce Business Services, Inc.'s large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. lands in the large band (1,205 participants).

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 →

Form 5500 schedule snapshot

Filing strip 650847999 · Workforce Business Services, Inc. PY 2024 · Other

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. · $37M · 1,205 · 80th

  • IND $37M
  • IND 1,205
  • IND 80th
  • IND Other
  • IND near Laurel School Defined Contribution Retirement Plan
  • IND ind #16325

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 Professional & Technical Services retirement plans → · Plans in Florida →

401(k) Profit-Sharing Plan for Workforce Business Services, Inc. in the asset neighbourhood

Rockford University Retirement Savings PlanRockford University Retireme…$37MNdi 403(b) Plan$37MMount Vernon Ladies' Association of the Union 403(b) PlanMount Vernon Ladies' Associa…$37M401(k) Profit-Sharing Plan for Workforce Business Services, Inc.401(k) Profit-Sharing Plan f…$37MLaurel School Defined Contribution Retirement PlanLaurel School Defined Contri…$37M
End-of-year total assets ($M) among 401(k) Profit-Sharing Plan for Workforce Business Services, Inc. and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

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.)

Sponsor-wide plan assets over time

All Workforce Business Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$37M 107.5331968335123% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $18M $37.4M ▲ +107.6%
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 Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants 401(k) Profit-Sharing Plan for Workforce Business Services, Inc., Total assets ($B): 0.037357038 · Participants: 1205401(k) Profit-Sharing Plan for Workforce Business Services, Inc.Baptist Health South Florida, Inc. 403(b) Employee Retirement Plan, Total assets ($B): 2.663638024 · Participants: 26141Baptist Health South Florida, Inc. 403(b) Employee Retirement PlanUniversity of Miami Retirement Savings Plan, Total assets ($B): 2.071141138 · Participants: 12711University of Miami Retirement Savings PlanOrlando Health Retirement Savings Plan 403b, Total assets ($B): 1.91440386 · Participants: 27987Orlando Health Retirement Savings Plan 403bThe Nemours Foundation Section 403(b) Plan, Total assets ($B): 1.313908176 · Participants: 9064The Nemours Foundation Section 403(b) PlanLee Health System 403(b) Retirement Plan, Total assets ($B): 1.280676448 · Participants: 16909Lee Health System 403(b) Retirement Plan
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.'s out-of-state Other peers by assets and headcount

Outside Florida, the nearest Other by assets is Laurel School Defined Contribution Retirement Plan in OH ($37M); by covered participants it is The Metropolitan Museum of Art 403(b) Matching Plan for Non-Union Employees in NY (1,206 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,205 participants); asset peers above are excluded.

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 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 80th percentile by end-of-year assets among 123,622 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 Laurel School Defined Contribution Retirement Plan in OH ($37M, 156 participants).
Which Other plans cover a similar participant headcount to 401(k) Profit-Sharing Plan for Workforce Business Services, Inc.? ▼
Among Other plans in other states, the closest by covered participants is The Metropolitan Museum of Art 403(b) Matching Plan for Non-Union Employees in NY (1,206 participants, $190M in assets).