Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Greater Lawrence Community Action Council, Inc. 403(b) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Greater Lawrence Community Action Council Inc. 403b Plan · Massachusetts · Healthcare & Social Assistance

What the 2023 filing shows

Greater Lawrence Community Action Council, Inc. 403(b) Plan holds $7M for 431 participants — about $16,223 per participant, up 13.3% over the 2024 plan year.

$7M
total plan assets (2024 EOY)
431
covered participants
$16,223
avg assets per participant
+13.3%
assets growth YoY
Total Assets (2023)
$7M
Participants
431
Industry
Healthcare & Social Assistance

What the Filing Says About Greater Lawrence Community Action Council, Inc. 403(b) Plan

Greater Lawrence Community Action Council, Inc. 403(b) Plan is a Profit Sharing retirement plan sponsored by Greater Lawrence Community Action Council Inc. 403b Plan, headquartered in Massachusetts. As of the 2024 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 431 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 042397449, and the plan has been effective since 1967-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2024 to $7M at year-end — a gain of 13.3%. Net assets (after liabilities) closed the year at $7M, with reported net income of $823K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$6M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$823K
Plan TypeProfit Sharing
Employer EIN042397449
Plan Effective Date1967-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Greater Lawrence Community Action Council Inc. 403b Plan)

Year Plans Participants Total Assets
2022 1 470 $5M
2023 1 496 $6M
2024 1 431 $7M

Nearby Profit Sharing Plans in Massachusetts

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Frequently Asked Questions

How much money is in the Greater Lawrence Community Action Council, Inc. 403(b) Plan?
As of the 2024 Form 5500 filing, Greater Lawrence Community Action Council, Inc. 403(b) Plan holds $7M in total assets with 431 participants. It is sponsored by Greater Lawrence Community Action Council Inc. 403b Plan.
What type of plan is Greater Lawrence Community Action Council, Inc. 403(b) Plan?
Greater Lawrence Community Action Council, Inc. 403(b) Plan is a Profit Sharing plan. It has been effective since 1967-09-01. The plan is filed with the U.S. Department of Labor under EIN 042397449.
Who sponsors the Greater Lawrence Community Action Council, Inc. 403(b) Plan?
Greater Lawrence Community Action Council, Inc. 403(b) Plan is sponsored by Greater Lawrence Community Action Council Inc. 403b Plan, located in Massachusetts. The sponsor's EIN is 042397449 and the plan operates in the Healthcare & Social Assistance industry.
How did Greater Lawrence Community Action Council, Inc. 403(b) Plan perform in 2024?
Greater Lawrence Community Action Council, Inc. 403(b) Plan grew by 13.3% during 2024, moving from $6M to $7M in total assets. Net income was $823K.
Where can I find official filings for Greater Lawrence Community Action Council, Inc. 403(b) Plan?
Official Form 5500 filings for Greater Lawrence Community Action Council, Inc. 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042397449 or plan name at efast.dol.gov.
How does Greater Lawrence Community Action Council, Inc. 403(b) Plan compare to other plans?
You can compare Greater Lawrence Community Action Council, Inc. 403(b) Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 042397449.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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