401(k) · DOL Form 5500 · 2024

People, Incorporated 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
281
Participants Below avg headcount
52nd
Percentile by assets National rank
$29,658
Avg per participant Low balance/head
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Official DOL plan name: 403(b) Thrift Plan for Employees of People, Incorporated · Sponsored by People, Incorporated · Massachusetts · Healthcare & Social Assistance

$8M in assets, 281 participants

People, Incorporated's 403(b) Thrift Plan for Employees of People, Incorporated reported $8M in total assets and 281 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #9,639 in Healthcare & Social Assistance (16,916 peers)

Coverage in Massachusetts

403(b) Thrift Plan for Employees of People, Incorporated covers 281 participants in Massachusetts, about 43% of the average Massachusetts filer (state average ~659 per filing). Assets: $8M.

#9,639
in Healthcare & Social Assistance (16,916 peers)
-2.6%
assets change YoY

The plan reported a net loss of $221K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

403(b) Thrift Plan for Employees of People, Incorporated's mid-pack asset rank among Healthcare & Social Assistance and all filers

403(b) Thrift Plan for Employees of People, Incorporated vs every filed plan by assets

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

$8,334,009 Top 48% higher than 52% 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 for Employees of People, Incorporated 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 for Employees of People, Incorporated sits mid-pack in the medium band (281 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 403(b) Thrift Plan for Employees of People, Incorporated reported net income fell from $1M in the plan year 2023 filing to -$221K in the plan year 2024 filing.
  • 403(b) Thrift Plan for Employees of People, Incorporated reported participants fell from 724 in the plan year 2023 filing to 281 in the plan year 2024 filing.
  • 403(b) Thrift Plan for Employees of People, Incorporated end-of-year assets fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 042447216 · People, Incorporated PY 2024 · 401(k)

403(b) Thrift Plan for Employees of People, Incorporated · $8M · 281 · 52nd

  • PHOTO $8M
  • IND 281
  • EOY 52nd
  • 5500 401(k)
  • ASSETS near Norwich Commercial Group, Inc. 401(k) Plan
  • PCT ind #9639

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 Healthcare & Social Assistance retirement plans → · Plans in Massachusetts →

403(b) Thrift Plan for Employees of People, Incorporated in the asset neighbourhood

403(b) Thrift Plan for Employees of People, Incorporated403(b) Thrift Plan for Emplo…$8MNorwich Commercial Group, Inc. 401(k) PlanNorwich Commercial Group, In…$8MSage Computing, Inc 401(k) PlanSage Computing, Inc 401(k) P…$8MInstil Bio Retirement Plan$8MCommunity Media Group Management Services, Inc. Retirement Savings PlanCommunity Media Group Manage…$8M
End-of-year total assets ($M) among 403(b) Thrift Plan for Employees of People, Incorporated and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$221K
Employer EIN042447216
Plan Effective Date2004-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (People, Incorporated)

Sponsor-wide plan assets over time

All People, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$8M 13.777072538471053% vs 2022
2024 filing year
$7M$7.5M$8M$8.5M$9M 202220232024 $7.32M $8.33M ▲ +13.8%
Year Plans Participants Total Assets
2022 1 758 $7M
2023 1 724 $9M
2024 1 281 $8M

Nearby 401(k) Plans in Massachusetts

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

403(b) Thrift Plan for Employees of People, Incorporated vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants 403(b) Thrift Plan for Employees of People, Incorporated, Total assets ($B): 0.008334009 · Participants: 281403(b) Thrift Plan for Employees of People, IncorporatedFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
403(b) Thrift Plan for Employees of People, Incorporated vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare 403(b) Thrift Plan for Employees of People, Incorporated side-by-side with 3 peers →

403(b) Thrift Plan for Employees of People, Incorporated's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Norwich Commercial Group, Inc. 401(k) Plan in CT ($8M); by covered participants it is Cleaveland/Price, Inc. 401(k) Plan in PA (281 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (281 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 for Employees of People, Incorporated assets move in 2024? ▼
403(b) Thrift Plan for Employees of People, Incorporated edged down modestly - down 2.6% during 2024, from $9M to $8M. Reported net income was -$221K.
How have People, Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), People, Incorporated's sponsor-wide assets grew 13.8%, from $7M to $8M.
Which 401(k) plans are similar in size to 403(b) Thrift Plan for Employees of People, Incorporated? ▼
Among 401(k) plans in other states, the closest by assets is Norwich Commercial Group, Inc. 401(k) Plan in CT ($8M, 271 participants).
Which 401(k) plans cover a similar participant headcount to 403(b) Thrift Plan for Employees of People, Incorporated? ▼
Among 401(k) plans in other states, the closest by covered participants is Cleaveland/Price, Inc. 401(k) Plan in PA (281 participants, $45M in assets).

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 042447216.

Read our methodology - how this data is sourced, computed, and verified.

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