401(k) · DOL Form 5500 · 2024

Workforce Software, LLC 401(k) Plan

Data updated 2026-08-11

$67M
Total assets
412
Participants
87th
Percentile by assets
$163,691
Avg per participant
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Official DOL plan name: Workforce Software, LLC 401(k) Plan · Sponsored by Workforce Software, LLC · Michigan · Professional & Technical Services

$67M in assets, 412 participants

Workforce Software, LLC's Workforce Software, LLC 401(k) Plan reported $67M in total assets and 412 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 123,622 plans)
  • #17,802 in Professional & Technical Services (20,173 peers)

Where Workforce Software, LLC 401(k) Plan sits by assets

Workforce Software, LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $67M for 412 participants (~$163,691/participant), up 15.2% in 2024.

$67M
total plan assets (2024 EOY)
412
covered participants
87th
percentile by assets (of 123,622 plans)
$163,691
avg assets per participant

Where Workforce Software, LLC 401(k) Plan sits by total assets

Workforce Software, LLC 401(k) Plan vs every filed plan by assets

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

$67,440,498 Top 13% higher than 87% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Workforce Software, LLC 401(k) Plan reported net income fell from $11M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Workforce Software, LLC 401(k) Plan end-of-year assets rose from $59M in the plan year 2023 filing to $67M in the plan year 2024 filing.
  • Workforce Software, LLC 401(k) Plan reported participants fell from 442 in the plan year 2023 filing to 412 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Workforce Software, LLC 401(k) Plan vs the 2024 asset distribution

By assets, Workforce Software, LLC 401(k) Plan outranks 87% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$67M
Net Income$9M
Employer EIN453862733
Plan Effective Date2002-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Workforce Software, LLC)

$40M$50M$60M$70M 202220232024 $47.6M $67.4M ▲ +41.8%
Total plan assets by year, all Workforce Software, LLC plans on file
Year Plans Participants Total Assets
2022 1 450 $48M
2023 1 442 $59M
2024 2 855 $67M

Nearby 401(k) Plans in Michigan

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

Workforce Software, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Workforce Software, LLC 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 Workforce Software, …General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Workforce Software, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Workforce Software, LLC 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Workforce Software, LLC 401(k) Plan assets move in 2024?
Workforce Software, LLC 401(k) Plan grew sharply - up 15.2% during 2024, from $59M to $67M. Reported net income was $9M.
How have Workforce Software, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Workforce Software, LLC's sponsor-wide assets grew 41.8%, from $48M to $67M.
Where does Workforce Software, LLC 401(k) Plan rank by assets among Form 5500 filers?
Workforce Software, LLC 401(k) Plan ranks in the 87th 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 Workforce Software, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is First Onsite 401(k) Plan in CO ($67M, 1,678 participants).

Scale reading

Ways to act on Workforce Software, LLC 401(k) Plan's numbers.