401(k) · DOL Form 5500 · 2024

Commonwealth Care Alliance 401(k) Plan

Data updated 2026-08-11

$128M
Total assets
1,808
Participants
92nd
Percentile by assets
$70,996
Avg per participant
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Official DOL plan name: Commonwealth Care Alliance 401(k) Plan · Sponsored by Commonwealth Care Alliance · Massachusetts · Healthcare & Social Assistance

$128M in assets, 1,808 participants

Commonwealth Care Alliance's Commonwealth Care Alliance 401(k) Plan reported $128M in total assets and 1,808 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 123,622 plans)
  • #15,755 in Healthcare & Social Assistance (16,916 peers)

Coverage in Massachusetts

Commonwealth Care Alliance 401(k) Plan covers 1,808 participants in Massachusetts, 2.7x the typical Massachusetts plan (state average ~659 per filing). Assets: $128M.

$128M
total plan assets (2024 EOY)
1,808
covered participants
92nd
percentile by assets (of 123,622 plans)
$70,996
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Commonwealth Care Alliance 401(k) Plan reported participants rose from 68 in the plan year 2023 filing to 1,808 in the plan year 2024 filing.
  • Commonwealth Care Alliance 401(k) Plan reported net income fell from $105M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Commonwealth Care Alliance 401(k) Plan end-of-year assets rose from $107M in the plan year 2023 filing to $128M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Commonwealth Care Alliance 401(k) Plan reports 1,808 participants - 2.7x that state average ($128M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$107M
Net Assets (End of Year)$128M
Net Income$22M
Employer EIN043756900
Plan Effective Date2022-07-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Commonwealth Care Alliance)

$90M$100M$110M$120M$130M$140M 202220232024 $101M $128M ▲ +27.5%
Total plan assets by year, all Commonwealth Care Alliance plans on file
Year Plans Participants Total Assets
2022 2 1,612 $101M
2023 2 1,948 $107M
2024 1 1,808 $128M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Commonwealth Care Alliance 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Commonwealth Care Alliance 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Commonwealth Care Al…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…State Street Salary …
Commonwealth Care Alliance 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Commonwealth Care Alliance 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Commonwealth Care Alliance 401(k) Plan assets move in 2024?
Commonwealth Care Alliance 401(k) Plan grew sharply - up 20.5% during 2024, from $107M to $128M. Reported net income was $22M.
How have Commonwealth Care Alliance plan assets changed over time?
Across 3 plan years on file (2022-2024), Commonwealth Care Alliance's sponsor-wide assets grew 27.5%, from $101M to $128M.
Where does Commonwealth Care Alliance 401(k) Plan rank by assets among Form 5500 filers?
Commonwealth Care Alliance 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Commonwealth Care Alliance 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Thrift Plan for Employees of S & T Bank in PA ($128M, 1,260 participants).

Filing takeaways

Ways to act on Commonwealth Care Alliance 401(k) Plan's numbers.