Profit Sharing · DOL Form 5500 · 2024

Westminster Services, Inc. Profit Sharing Plan

Data updated 2026-07-24

$12M
Total assets
1,661
Participants
60th
Percentile by assets
$7,519
Avg per participant
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Official DOL plan name: Westminster Services, Inc. Retirement Plan · Sponsored by Westminster Services, Inc. · Florida · Healthcare & Social Assistance

$12M in assets, 1,661 participants

Westminster Services, Inc.'s Westminster Services, Inc. Retirement Plan reported $12M in total assets and 1,661 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 116,472 plans)

Coverage in Florida

Westminster Services, Inc. Retirement Plan covers 1,661 participants in Florida, 2.6x the typical Florida plan (state average ~631 per filing). Assets: $12M.

$12M
total plan assets (2024 EOY)
1,661
covered participants
60th
percentile by assets (of 116,472 plans)
$7,519
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Westminster Services, Inc. Retirement Plan reported net income fell from $1M in the plan year 2023 filing to $961K in the plan year 2024 filing.
  • Westminster Services, Inc. Retirement Plan end-of-year assets rose from $12M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Westminster Services, Inc. Retirement Plan reported participants rose from 1,543 in the plan year 2023 filing to 1,661 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. Westminster Services, Inc. Retirement Plan reports 1,661 participants - 2.6x that state average ($12M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income$961K
Employer EIN590931267
Plan Effective Date1994-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westminster Services, Inc.)

$10M$11M$12M$13M 202220232024 $10.4M $12.5M ▲ +20.1%
Total plan assets by year, all Westminster Services, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,494 $10M
2023 1 1,543 $12M
2024 1 1,661 $12M

Nearby Profit Sharing Plans in Florida

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Westminster Services, Inc. Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Westminster Services, Inc. Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -2000200400600 Total assets ($M) Participants Westminster Services…Shands Health Care M…Orlando Health, Inc.…Lakeland Regional Me…Plumbers & Steamfitt…Brooks Rehabilitatio…
Westminster Services, Inc. Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Westminster Services, Inc. Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Westminster Services, Inc. Retirement Plan assets move in 2024?
Westminster Services, Inc. Retirement Plan grew at a solid clip - up 8.3% during 2024, from $12M to $12M. Reported net income was $961K.
How have Westminster Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Westminster Services, Inc.'s sponsor-wide assets grew 20.0%, from $10M to $12M.
Which Profit Sharing plans are similar in size to Westminster Services, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Northwest Medical Physics Center 401(a) DC Plan in WA ($12M, 63 participants).

Next read for Westminster Services, Inc. Retirement Pl…

Filing takeaways

Ways to act on Westminster Services, Inc. Retirement 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 590931267.

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