401(k) · DOL Form 5500 · 2024

Workit Health 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
131
Participants Small participant base
40th
Percentile by assets National rank
$33,288
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Workit Health 401(k) Plan · Sponsored by Workit Health · Michigan · Healthcare & Social Assistance

$4M in assets, 131 participants

Workit Health's Workit Health 401(k) Plan reported $4M in total assets and 131 participants in its 2024 DOL Form 5500 filing, ranking in the 40th 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.

  • #7,087 in Healthcare & Social Assistance (16,916 peers)

Coverage in Michigan

Workit Health 401(k) Plan covers 131 participants in Michigan, about 21% of the average Michigan filer (state average ~638 per filing). Assets: $4M.

#7,087
in Healthcare & Social Assistance (16,916 peers)
+46.1%
assets growth YoY

Workit Health 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Workit Health 401(k) Plan vs every filed plan by assets

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

$4,360,734 40th percentile higher than 40% 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

Workit Health 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Workit Health 401(k) Plan sits mid-pack in the medium band (131 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Workit Health 401(k) Plan reported participants fell from 243 in the plan year 2023 filing to 131 in the plan year 2024 filing.
  • Workit Health 401(k) Plan end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 472834915 · Workit Health PY 2024 · 401(k)

Workit Health 401(k) Plan · $4M · 131 · 40th

  • SCH $4M
  • SCH 131
  • SCH 40th
  • SCH 401(k)
  • SCH near Nilit America Inc 401(k) Profit Sharing Plan & Trust
  • SCH ind #7087

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 Healthcare & Social Assistance retirement plans → · Plans in Michigan →

Workit Health 401(k) Plan in the asset neighbourhood

Workit Health 401(k) Plan$4MNilit America Inc 401(k) Profit Sharing Plan & TrustNilit America Inc 401(k) Pro…$4MGtg Consultants, PC 401(k) Profit Sharing PlanGtg Consultants, PC 401(k) P…$4MJohnson & Johnson, Inc. 401(k) Profit Sharing Plan and TrustJohnson & Johnson, Inc. 401(…$4MAutel US Inc 401(k) Profit Sharing Plan & TrustAutel US Inc 401(k) Profit S…$4M
End-of-year total assets ($M) among Workit Health 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$1M
Employer EIN472834915
Plan Effective Date2018-06-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Workit Health)

Sponsor-wide plan assets over time

All Workit Health plans reported in each filing year

Latest sponsor-wide plan assets
$4M 46.06103519746406% vs 2023
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 20232024 $2.99M $4.36M ▲ +45.8%
Year Plans Participants Total Assets
2023 1 243 $3M
2024 1 131 $4M

Nearby 401(k) Plans in Michigan

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

Workit Health 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Workit Health 401(k) Plan, Total assets ($B): 0.004360734 · Participants: 131Workit Health 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Workit Health 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Workit Health 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Nilit America Inc 401(k) Profit Sharing Plan & Trust in VA ($4M); by covered participants it is T/J Inspection, Inc. 401(k) Plan in OK (131 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (131 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 Workit Health 401(k) Plan assets move in 2024?
Workit Health 401(k) Plan surged - up 46.1% during 2024, from $3M to $4M. Reported net income was $1M.
How have Workit Health plan assets changed over time?
Across 2 plan years on file (2023-2024), Workit Health's sponsor-wide assets grew 46.1%, from $3M to $4M.
Which 401(k) plans are similar in size to Workit Health 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Nilit America Inc 401(k) Profit Sharing Plan & Trust in VA ($4M, 129 participants).
Which 401(k) plans cover a similar participant headcount to Workit Health 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is T/J Inspection, Inc. 401(k) Plan in OK (131 participants, $5M in assets).