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
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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.

See the national 2023→2024 release diff →

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 EIN042304133
Plan Effective Date1996-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Action for Boston Community Development)

$94M$96M$98M$100M$102M$104M 202220232024 $96.2M $102M ▲ +5.8%
Total plan assets by year, all Action for Boston Community Development plans on file
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

Action for Boston Community Development Pension Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 050001000015000 00.511.5 Total assets ($B) Participants Action for Boston Co…Demoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …Medical Information …
Action for Boston Community Development Pension Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

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?
Action for Boston Community Development Pension Plan edged up modestly - up 2.9% during 2024, from $57M to $58M. Reported net income was $2M.
How have Action for Boston Community Development plan assets changed over time?
Across 3 plan years on file (2022-2024), Action for Boston Community Development's sponsor-wide assets grew 5.8%, from $96M to $102M.
Where does Action for Boston Community Development Pension Plan rank by assets among Form 5500 filers?
Action for Boston Community Development Pension Plan ranks in the 86th 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 Profit Sharing plans are similar in size to Action for Boston Community Development Pension Plan?
Among Profit Sharing plans in other states, the closest by assets is Plumbers and Pipefitters Local 773 Annunity Fund in NY ($58M, 662 participants).

Next read for Action for Boston Community Development …

Scale reading

Ways to act on Action for Boston Community Development Pension Plan's numbers.

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.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.