Workforce Business Services, Inc. 401(k) Plan: Login, Facts & Contact Information

Workforce Business Services, Inc. 401(k) Plan Facts

Plan name
401(K) PROFIT-SHARING PLAN FOR WORKFORCE BUSINESS SERVICES, INC.
Plan type
401(k)
Plan sponsor
WORKFORCE BUSINESS SERVICES, INC.
Participants
1,313 (1,268 active employees)
Former employees with a balance
91
Plan assets
$37,357,038 at Dec 31, 2024
Average account balance
$47,347 across 789 accounts
Employer contributions
$1,525,591 in plan year 2024 (24% of all contributions)
Recordkeeper
Mutual Of America Investment Corp
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2001
— Employer contributions— Automatic enrollment✓ Default investment for undecided participants— Participants choose their own investments— Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 23, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.28 million went into the plan in contributions, $1.53 million of it from the employer (24%).
  • $1.28 million was paid out to participants.
  • Investment and other income added $4.14 million.
  • Administrative expenses were $5,800, about $7 per account.

How the Workforce Business Services, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,294$10.2 million$704,729$1.15 million
2020573$12.3 million$788,376$1.08 million
2021612$16.4 million$785,191$944,692
2022662$18.0 million$1.17 million$1.48 million
20231,198$27.4 million$1.34 million$1.40 million
20241,313$37.4 million$1.53 million$1.28 million

Workforce Business Services, Inc. 401(k) Contact Information

Phone
941-746-6567
Mailing address
1401 MANATEE AVE W STE 600, BRADENTON FL 342056708
Plan sponsor
WORKFORCE BUSINESS SERVICES, INC.
Employer identification number (EIN)
65-0847999
Plan number
333

Questions about the Workforce Business Services, Inc. 401(k)

Does Workforce Business Services, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $1.53 million in employer contributions for plan year 2024.

Does the Workforce Business Services, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Workforce Business Services, Inc 401(k) plan?

1,313 participants at the start of plan year 2024, 1,268 of them active employees, and 91 former employees who still had money in the plan.

What is the average 401(k) balance at Workforce Business Services, Inc?

About $47,347 per account: $37.4 million in plan assets across 789 accounts with a balance at the end of plan year 2024.

Who manages the Workforce Business Services, Inc 401(k) accounts?

Mutual of America (listed on the filing as MUTUAL OF AMERICA INVESTMENT CORP) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Workforce Business Services, Inc. How do I access my 401(k)?

Your account stays with Mutual of America after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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