Plan5500

Work, Inc. Profit Sharing Plan — Form 5500 plan (Work, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Work, Inc. Profit Sharing Plan is a benefit plan reported by Work, Inc. under EIN 23-7100726 and plan number 001. The latest loaded filing year is 2023. The filing reports 516 participants and $1,574,671 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Work, Inc.
EIN
23-7100726
Plan number
001
Plan type
2
Location
Dorchester, MA
Latest filing year
2023
Participants
516
End-of-year plan assets
$1,574,671

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023516H, C20241010100333NAL0020794353001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,574,671
Total liabilities (EOY)
$0
Net assets (EOY)
$1,574,671
Net assets (BOY)
$1,345,145

Income & contributions

Employer contributions
$150,000
Total contributions
$150,000
Total income / additions
$309,588

Expenses & distributions

Benefits paid
$69,322
Administrative expenses
$10,740
Total expenses
$80,062
Net increase / (decrease)
$229,526

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Rockland TrustNONE$10,740not reported in the loaded dataset2023

Related Form 5500 pages