401(k) · DOL Form 5500 · 2024

Sps New England, Inc. 401(k) Plan

Data updated 2026-08-11

$42M
Total assets
238
Participants
82nd
Percentile by assets
$177,330
Avg per participant
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Official DOL plan name: Sps New England, Inc. Profit Sharing/Retirement Plan · Sponsored by Sps New England, Inc. · Massachusetts · Construction

$42M in assets, 238 participants

Sps New England, Inc.'s Sps New England, Inc. Profit Sharing/Retirement Plan reported $42M in total assets and 238 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 123,622 plans)
  • #7,276 in Construction (9,039 peers)

Coverage in Massachusetts

Sps New England, Inc. Profit Sharing/Retirement Plan covers 238 participants in Massachusetts, about 36% of the average Massachusetts filer (state average ~659 per filing). Assets: $42M.

$42M
total plan assets (2024 EOY)
238
covered participants
82nd
percentile by assets (of 123,622 plans)
$177,330
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sps New England, Inc. Profit Sharing/Retirement Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Sps New England, Inc. Profit Sharing/Retirement Plan reported participants fell from 315 in the plan year 2023 filing to 238 in the plan year 2024 filing.
  • Sps New England, Inc. Profit Sharing/Retirement Plan end-of-year assets rose from $40M in the plan year 2023 filing to $42M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Sps New England, Inc. Profit Sharing/Retirement Plan reports 238 participants - about 36% of that state average ($42M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$42M
Net Income$3M
Employer EIN042741165
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sps New England, Inc.)

$40M$60M$80M$100M 202220232024 $46.1M $93.8M ▲ +103.5%
Total plan assets by year, all Sps New England, Inc. plans on file
Year Plans Participants Total Assets
2022 2 510 $46M
2023 2 497 $58M
2024 2 429 $94M

Nearby 401(k) Plans in Massachusetts

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

Sps New England, Inc. Profit Sharing/Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Sps New England, Inc. Profit Sharing/Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Sps New England, Inc…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…State Street Salary …
Sps New England, Inc. Profit Sharing/Retirement 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 Sps New England, Inc. Profit Sharing/Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Sps New England, Inc. Profit Sharing/Retirement Plan assets move in 2024?
Sps New England, Inc. Profit Sharing/Retirement Plan grew at a solid clip - up 6.3% during 2024, from $40M to $42M. Reported net income was $3M.
How have Sps New England, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sps New England, Inc.'s sponsor-wide assets grew 103.5%, from $46M to $94M.
Where does Sps New England, Inc. Profit Sharing/Retirement Plan rank by assets among Form 5500 filers?
Sps New England, Inc. Profit Sharing/Retirement Plan ranks in the 82nd 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 401(k) plans are similar in size to Sps New England, Inc. Profit Sharing/Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Employee Savings Plan for Pactiv Bargaining in IL ($42M, 1,000 participants).

Next read for Sps New England, Inc. Profit Sharing/Ret…

Filing takeaways

Ways to act on Sps New England, Inc. Profit Sharing/Retirement Plan's numbers.

  • By total assets, Sps New England, Inc. Profit Sharing/Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Sps New England, Inc.'s sponsor-wide assets have grown 103.5% since 2022 across 3 plan years on file. More Construction plans