Retirement plan

WORK, COMMUNITY, INDEPENDENCE, INC. 401(K) PS PLAN AND TRUST

Name: WORK, COMMUNITY, IND., INC. - WORK, COMMUNITY, INDEPENDENCE, INC. 401(K) PS PLAN AND TRUST (2025) Form 5500
Creator: WORK, COMMUNITY, IND., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WORK, COMMUNITY, INDEPENDENCE, INC. 401(K) PS PLAN AND TRUST, WORK, COMMUNITY, IND., INC.

WORK, COMMUNITY, IND., INC.EIN 23-7427897Plan #001PY 2025

610 LINCOLN STREET, NORTH BLDG, SUITE 120 - WALTHAM, MA 02451857-328-0811

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$4.3M

+18.7% from 2024

Total participants

372

+0.3% from 2024

Average account balance

$12,788

+15.9% from 2024

Annual return

12.47%

-1.81 pp from 2024

Benchmarks

See 1,145 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort1,145 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$4.30M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$13K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

336

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

87.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$870K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.47%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$81

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
GLOBAL RETIREMENT PARTNERS LLC4 years Filed as: GLOBAL RETIREMENT PARTNERS Service code 15 · EIN 47-1411118	Recordkeeping	$18,832
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$8,482

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$27K

$93 / participant

Recordkeeping$8K31.1%
Investment mgmt$19K68.9%

% of EOY assets

0.636%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: AAFCPAS INC.
Auditor EIN: 042571780
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,788

$46,464-72.5%

$150,298-91.5%

$79,634-83.9%

Participation rate

87.7%

57.0%+30.8pp

77.8%+10.0pp

62.5%+25.2pp

Annual return

12.47%

27.89%-15.4pp

62.79%-50.3pp

36.46%-24.0pp

Employer contribution / active EE

$720

$1,512-52.4%

$4,154-82.7%

$2,529-71.5%

Participant deferral / active EE

$2,250

$2,157+4.3%

$5,453-58.7%

$3,835-41.3%

Admin fee / account holder

$81

$891-90.9%

$14,116-99.4%

$1,002-91.9%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC4 years

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 15 · EIN 47-1411118

Recordkeeping

$18,832

ADP BROKER-DEALER2 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$8,482

WORK, COMMUNITY, INDEPENDENCE, INC. 401(K) PS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WORK, COMMUNITY, INDEPENDENCE, INC. 401(K) PS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion