401(k) · DOL Form 5500 · 2024

Worksmart Systems, Inc. 401(k) Plan

Data updated 2026-08-06

$328M
Total assets
6,153
Participants
96th
Percentile by assets
$53,265
Avg per participant
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Official DOL plan name: Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust · Sponsored by Worksmart Systems, Inc. · Indiana · Professional & Technical Services

$328M in assets, 6,153 participants

Worksmart Systems, Inc.'s Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reported $328M in total assets and 6,153 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 116,472 plans)
  • #18,988 in Professional & Technical Services (19,542 peers)

Coverage in Indiana

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust covers 6,153 participants in Indiana, 11x the typical Indiana plan (state average ~555 per filing). Assets: $328M.

$328M
total plan assets (2024 EOY)
6,153
covered participants
96th
percentile by assets (of 116,472 plans)
$53,265
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust end-of-year assets rose from $259M in the plan year 2023 filing to $328M in the plan year 2024 filing.
  • Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reported net income rose from $46M in the plan year 2023 filing to $52M in the plan year 2024 filing.
  • Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reported participants rose from 5,477 in the plan year 2023 filing to 6,153 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Indiana filers

In Indiana, the average filing covers about 555 participants across 2,178 plans. Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reports 6,153 participants - 11x that state average ($328M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$259M
Net Assets (End of Year)$327M
Net Income$52M
Employer EIN352060071
Plan Effective Date1999-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Worksmart Systems, Inc.)

$150M$200M$250M$300M$350M 202220232024 $208M $328M ▲ +57.6%
Total plan assets by year, all Worksmart Systems, Inc. plans on file
Year Plans Participants Total Assets
2022 1 5,236 $208M
2023 1 5,477 $259M
2024 1 6,153 $328M

Nearby 401(k) Plans in Indiana

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

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -5051015 Total assets ($B) Participants Worksmart Systems, I…The Lilly Employee 4…Elevance Health 401(…Cummins Retirement a…Iu Health 401(k) Sav…Steel Dynamics, Inc.…
Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants

Scale composition for Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust

Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust reports $328M in end-of-year assets across 6,153 participants (0.003% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 covered participants) - about $53,265 per participant (39% of the national average assets-per-participant) . Net income for plan year 2024 was $52M.

This plan identity (EIN 352060071, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $208M to $328M (+57.6%) while covered participants moved from 5,236 to 6,153 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,236 $208M Open filing
2023 5,477 $259M Open filing
2024 · index core 6,153 $328M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust assets move in 2024?
Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust grew sharply - up 26.7% during 2024, from $259M to $328M. Reported net income was $52M.
How have Worksmart Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Worksmart Systems, Inc.'s sponsor-wide assets grew 57.6%, from $208M to $328M.
Where does Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust rank by assets among Form 5500 filers?
Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust ranks in the 96th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Security Retirement Plan in WI ($328M, 860 participants).

Next read for Worksmart Systems, Inc. 401(k)Profit Sha…

Filing takeaways

Ways to act on Worksmart Systems, Inc. 401(k)Profit Sharing Plan and Trust's numbers.