Profit Sharing · DOL Form 5500 · 2024
Action for Boston Community Development Profit Sharing Plan
Data updated 2026-07-24
- $58M
- Total assets
- 700
- Participants
- 86th
- Percentile by assets
- $83,158
- Avg per participant
Official DOL plan name: Action for Boston Community Development Pension Plan · Sponsored by Action for Boston Community Development · Massachusetts · Healthcare & Social Assistance
$58M in assets, 700 participants
Action for Boston Community Development's Action for Boston Community Development Pension Plan reported $58M in total assets and 700 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.
- 86th percentile by assets (of 116,472 plans)
Where Action for Boston Community Development Pension Plan sits by assets
Action for Boston Community Development Pension Plan sits in the top quartile of all filed plans by assets, $58M for 700 participants (~$83,158/participant), up 2.9% in 2024.
- $58M
- total plan assets (2024 EOY)
- 700
- covered participants
- 86th
- percentile by assets (of 116,472 plans)
- $83,158
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Action for Boston Community Development Pension Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Action for Boston Community Development Pension Plan end-of-year assets rose from $57M in the plan year 2023 filing to $58M in the plan year 2024 filing.
- Action for Boston Community Development Pension Plan reported participants rose from 689 in the plan year 2023 filing to 700 in the plan year 2024 filing.
Action for Boston Community Development Pension Plan vs the 2024 asset distribution
By assets, Action for Boston Community Development Pension Plan outranks 86% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $57M |
|---|---|
| Net Assets (End of Year) | $58M |
| Net Income | $2M |
| Employer EIN | 042304133 |
| Plan Effective Date | 1996-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Action for Boston Community Development)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,535 | $96M |
| 2023 | 2 | 1,450 | $103M |
| 2024 | 2 | 1,492 | $102M |
Nearby Profit Sharing Plans in Massachusetts
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Action for Boston Community Development Pension Plan 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 Action for Boston Community Development Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Action for Boston Community Development Pension Plan assets move in 2024? ▼
How have Action for Boston Community Development plan assets changed over time? ▼
Where does Action for Boston Community Development Pension Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Action for Boston Community Development Pension Plan? ▼
Next read for Action for Boston Community Development …
Scale reading
Ways to act on Action for Boston Community Development Pension Plan's numbers.
- By total assets, Action for Boston Community Development Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
- Action for Boston Community Development's sponsor-wide assets have grown 5.8% 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 042304133.
Read our methodology - how this data is sourced, computed, and verified.