401(k) · DOL Form 5500 · 2024

Workplace Options, LLC 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
390
Participants Below avg headcount
71st
Percentile by assets National rank
$53,248
Avg per participant Low balance/head
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Official DOL plan name: Workplace Options, LLC Retirement Savings Plan · Sponsored by Workplace Options, LLC · North Carolina · Healthcare & Social Assistance

$21M in assets, 390 participants

Workplace Options, LLC's Workplace Options, LLC Retirement Savings Plan reported $21M in total assets and 390 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #12,755 in Healthcare & Social Assistance (16,916 peers)

Coverage in North Carolina

Workplace Options, LLC Retirement Savings Plan covers 390 participants in North Carolina, about 48% of the average North Carolina filer (state average ~819 per filing). Assets: $21M.

#12,755
in Healthcare & Social Assistance (16,916 peers)
+12.9%
assets growth YoY

Workplace Options, LLC Retirement Savings Plan's outsized position by total assets

Workplace Options, LLC Retirement Savings Plan vs every filed plan by assets

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

$20,766,715 Top 29% higher than 71% 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

Workplace Options, LLC Retirement Savings Plan 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. Workplace Options, LLC Retirement Savings Plan sits mid-pack in the medium band (390 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Workplace Options, LLC Retirement Savings Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Workplace Options, LLC Retirement Savings Plan end-of-year assets rose from $18M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • Workplace Options, LLC Retirement Savings Plan reported participants rose from 364 in the plan year 2023 filing to 390 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 202699271 · Workplace Options, LLC PY 2024 · 401(k)

Workplace Options, LLC Retirement Savings Plan · $21M · 390 · 71st

  • SCH $21M
  • SCH 390
  • SCH 71st
  • SCH 401(k)
  • SCH near The Contractors Retirement Plan
  • SCH ind #12755

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 North Carolina →

Workplace Options, LLC Retirement Savings Plan in the asset neighbourhood

Workplace Options, LLC Retirement Savings PlanWorkplace Options, LLC Retir…$21MThe Contractors Retirement PlanThe Contractors Retirement P…$21MComplete Automation Solutions Holdings, Inc. 401(k) PlanComplete Automation Solution…$21MGreater Texas Federal Credit Union 401(k) PlanGreater Texas Federal Credit…$21MMilford Consultants Ltd. Defined Contribution Retirement PlanMilford Consultants Ltd. Def…$21M
End-of-year total assets ($M) among Workplace Options, LLC Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN202699271
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Workplace Options, LLC)

Sponsor-wide plan assets over time

All Workplace Options, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$22M 25.39034866457755% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $29.2M $21.8M ▼ -25.4%
Year Plans Participants Total Assets
2022 2 697 $29M
2023 2 469 $19M
2024 2 496 $22M

Nearby 401(k) Plans in North Carolina

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

Workplace Options, LLC Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Workplace Options, LLC Retirement Savings Plan, Total assets ($B): 0.020766715 · Participants: 390Workplace Options, LLC Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Workplace Options, LLC Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Workplace Options, LLC Retirement Savings Plan side-by-side with 3 peers →

Workplace Options, LLC Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is The Contractors Retirement Plan in CA ($21M); by covered participants it is Foreflight LLC 401(k) Profit Sharing Plan and Trust in TX (390 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (390 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 Workplace Options, LLC Retirement Savings Plan assets move in 2024? ▼
Workplace Options, LLC Retirement Savings Plan grew at a solid clip - up 12.9% during 2024, from $18M to $21M. Reported net income was $2M.
How have Workplace Options, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Workplace Options, LLC's sponsor-wide assets declined 25.4%, from $29M to $22M.
Which 401(k) plans are similar in size to Workplace Options, LLC Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Contractors Retirement Plan in CA ($21M, 161 participants).
Which 401(k) plans cover a similar participant headcount to Workplace Options, LLC Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Foreflight LLC 401(k) Profit Sharing Plan and Trust in TX (390 participants, $42M 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 202699271.

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.