401(k) · DOL Form 5500 · 2024
Fidelity Workplace Services LLC 401(k) Plan
Data updated 2026-08-06
- $185M
- Total assets
- 8,955
- Participants
- 94th
- Percentile by assets
- $20,611
- Avg per participant
Official DOL plan name: Fidelity Advantage 401(k) · Sponsored by Fidelity Workplace Services LLC · Massachusetts · Finance & Insurance
$185M in assets, 8,955 participants
Fidelity Workplace Services LLC's Fidelity Advantage 401(k) reported $185M in total assets and 8,955 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 116,472 plans)
- #7,464 in Finance & Insurance (8,240 peers)
Coverage in Massachusetts
Fidelity Advantage 401(k) covers 8,955 participants in Massachusetts, 14x the typical Massachusetts plan (state average ~641 per filing). Assets: $185M.
- $185M
- total plan assets (2024 EOY)
- 8,955
- covered participants
- 94th
- percentile by assets (of 116,472 plans)
- $20,611
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Fidelity Advantage 401(k) end-of-year assets rose from $85M in the plan year 2023 filing to $185M in the plan year 2024 filing.
- Fidelity Advantage 401(k) reported net income rose from $63M in the plan year 2023 filing to $107M in the plan year 2024 filing.
- Fidelity Advantage 401(k) reported participants rose from 5,821 in the plan year 2023 filing to 8,955 in the plan year 2024 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Fidelity Advantage 401(k) reports 8,955 participants - 14x that state average ($185M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $85M |
|---|---|
| Net Assets (End of Year) | $185M |
| Net Income | $107M |
| Employer EIN | 043532603 |
| Plan Effective Date | 2021-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fidelity Workplace Services LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 53,976 | $23.0B |
| 2023 | 2 | 68,110 | $28.7B |
| 2024 | 2 | 75,862 | $34.4B |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Fidelity Advantage 401(k) vs. nearby 401(k) plans in Massachusetts, assets vs. participants
- Fidelity Retirement Savings Plan $34.2B · 66,907
- Liberty Mutual 401(k) Plan $11.4B · 34,618
- Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
- Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
- State Street Salary Savings Program $6.5B · 12,777
Scale composition for Fidelity Advantage 401(k)
Fidelity Advantage 401(k) reports $185M in end-of-year assets across 8,955 participants (0.002% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.010% of 89,805,449 covered participants) - about $20,611 per participant (15% of the national average assets-per-participant) . Net income for plan year 2024 was $107M.
This plan identity (EIN 043532603, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $26M to $185M (+599.6%) while covered participants moved from 1,940 to 8,955 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 1,940 | $26M | Open filing |
| 2023 | 5,821 | $85M | Open filing |
| 2024 · index core | 8,955 | $185M | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Fidelity Retirement Savings Plan (401(k), $34.2B, 66,907 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Fidelity Advantage 401(k) by total assets, not by location.
- Standard Textile 401(k) Profit Sharing Plan (OH) $185M · 883
- Dvcc, LLC Employees Retirement Plan (MD) $185M · 1,219
- Genesis Energy, LLC Profit Sharing & Retirement Savings Plan (TX) $185M · 1,018
- Bulab Profit Sharing and 401(k) Plan (TN) $185M · 462
Frequently Asked Questions
How did Fidelity Advantage 401(k) assets move in 2024? ▼
How have Fidelity Workplace Services LLC plan assets changed over time? ▼
Where does Fidelity Advantage 401(k) rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Fidelity Advantage 401(k)? ▼
Next read for Fidelity Advantage 401(k)
Filing takeaways
Ways to act on Fidelity Advantage 401(k)'s numbers.
- By total assets, Fidelity Advantage 401(k) ranks in the top 10% 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
- Fidelity Workplace Services LLC's sponsor-wide assets have grown 49.6% since 2022 across 3 plan years on file. More Finance & Insurance plans