401(k) · DOL Form 5500 · 2024

Work Skills Corporation 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
372
Participants Below avg headcount
39th
Percentile by assets National rank
$10,974
Avg per participant Low balance/head
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Official DOL plan name: 403(b) Thrift Plan of Work Skills Corporation · Sponsored by Work Skills Corporation · Michigan · Other Services

$4M in assets, 372 participants

Work Skills Corporation's 403(b) Thrift Plan of Work Skills Corporation reported $4M in total assets and 372 participants in its 2024 DOL Form 5500 filing, ranking in the 39th 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.

  • #4,746 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, 403(b) Thrift Plan of Work Skills Corporation ranks #4,746 of 7,719 2024 filers by assets (492% of the sector average)-$4M for 372 participants.

#4,746
in Other Services (7,719 peers)
+22.0%
assets growth YoY

403(b) Thrift Plan of Work Skills Corporation's mid-pack asset rank among Other Services and all filers

403(b) Thrift Plan of Work Skills Corporation vs every filed plan by assets

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

$4,082,342 39th percentile higher than 39% 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

403(b) Thrift Plan of Work Skills Corporation 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. 403(b) Thrift Plan of Work Skills Corporation sits mid-pack in the medium band (372 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 403(b) Thrift Plan of Work Skills Corporation reported net income rose from $395K in the plan year 2023 filing to $733K in the plan year 2024 filing.
  • 403(b) Thrift Plan of Work Skills Corporation reported participants fell from 1,718 in the plan year 2023 filing to 372 in the plan year 2024 filing.
  • 403(b) Thrift Plan of Work Skills Corporation 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 →

DOL schedule card

Filing strip 382025701 · Work Skills Corporation PY 2024 · 401(k)

403(b) Thrift Plan of Work Skills Corporation · $4M · 372 · 39th

  • VS-ST $4M
  • BOY 372
  • SCH 39th
  • EBSA 401(k)
  • PART near Arborworks, Inc. 401(k) Plan
  • TYPE ind #4746

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 Other Services retirement plans → · Plans in Michigan →

403(b) Thrift Plan of Work Skills Corporation in the asset neighbourhood

403(b) Thrift Plan of Work Skills Corporation403(b) Thrift Plan of Work S…$4MArborworks, Inc. 401(k) Plan$4MGulf International Bank, B.S.C. 401(k) Profit Sharing PlanGulf International Bank, B.S…$4MStonecreek Dental Care 401(k) PlanStonecreek Dental Care 401(k…$4MIngenuite, Inc. 401(k) Plan$4M
End-of-year total assets ($M) among 403(b) Thrift Plan of Work Skills Corporation and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$733K
Employer EIN382025701
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Work Skills Corporation)

Sponsor-wide plan assets over time

All Work Skills Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$4M 38.31948786095753% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.95M $4.08M ▲ +38.3%
Year Plans Participants Total Assets
2022 1 1,718 $3M
2023 1 1,718 $3M
2024 1 372 $4M

Nearby 401(k) Plans in Michigan

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

403(b) Thrift Plan of Work Skills Corporation vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants 403(b) Thrift Plan of Work Skills Corporation, Total assets ($B): 0.004082342 · Participants: 372403(b) Thrift Plan of Work Skills CorporationGeneral 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
403(b) Thrift Plan of Work Skills Corporation vs. nearby 401(k) plans in Michigan, assets vs. participants

403(b) Thrift Plan of Work Skills Corporation's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Arborworks, Inc. 401(k) Plan in CA ($4M); by covered participants it is Affiliated Healthcare Systems Retirement Partnership 401(k) Plan in ME (372 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (372 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 403(b) Thrift Plan of Work Skills Corporation assets move in 2024?
403(b) Thrift Plan of Work Skills Corporation grew sharply - up 22.0% during 2024, from $3M to $4M. Reported net income was $733K.
How have Work Skills Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Work Skills Corporation's sponsor-wide assets grew 38.3%, from $3M to $4M.
Which 401(k) plans are similar in size to 403(b) Thrift Plan of Work Skills Corporation?
Among 401(k) plans in other states, the closest by assets is Arborworks, Inc. 401(k) Plan in CA ($4M, 486 participants).
Which 401(k) plans cover a similar participant headcount to 403(b) Thrift Plan of Work Skills Corporation?
Among 401(k) plans in other states, the closest by covered participants is Affiliated Healthcare Systems Retirement Partnership 401(k) Plan in ME (372 participants, $32M in assets).