Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

The Glens Falls Hospital Partnership Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Glens Falls Hospital · New York · Healthcare & Social Assistance

What the 2023 filing shows

The Glens Falls Hospital Partnership Plan holds $220M for 2,225 participants — about $99,077 per participant, down 18.1% over the 2022 plan year.

$220M
total plan assets (2022 EOY)
2,225
covered participants
$99,077
avg assets per participant
-18.1%
assets change YoY

The plan reported a net loss of $49M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$220M
Participants
2,225
State
Industry
Healthcare & Social Assistance

What the Filing Says About The Glens Falls Hospital Partnership Plan

The Glens Falls Hospital Partnership Plan is a Profit Sharing retirement plan sponsored by Glens Falls Hospital, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $220M in total end-of-year assets and covers 2,225 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 141338413, and the plan has been effective since 1994-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $269M at the beginning of 2022 to $220M at year-end — a decline of 18.1%. Net assets (after liabilities) closed the year at $220M, with reported net income of $-48,655,554 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$269M
Total Assets (End of Year)$220M
Net Assets (End of Year)$220M
Net Income$-48,655,554
Plan TypeProfit Sharing
Employer EIN141338413
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Glens Falls Hospital)

Year Plans Participants Total Assets
2022 1 2,225 $220M
2023 1 2,226 $252M
2024 1 2,381 $277M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the The Glens Falls Hospital Partnership Plan?
As of the 2022 Form 5500 filing, The Glens Falls Hospital Partnership Plan holds $220M in total assets with 2,225 participants. It is sponsored by Glens Falls Hospital.
What type of plan is The Glens Falls Hospital Partnership Plan?
The Glens Falls Hospital Partnership Plan is a Profit Sharing plan. It has been effective since 1994-01-01. The plan is filed with the U.S. Department of Labor under EIN 141338413.
Who sponsors the The Glens Falls Hospital Partnership Plan?
The Glens Falls Hospital Partnership Plan is sponsored by Glens Falls Hospital, located in New York. The sponsor's EIN is 141338413 and the plan operates in the Healthcare & Social Assistance industry.
How did The Glens Falls Hospital Partnership Plan perform in 2022?
The Glens Falls Hospital Partnership Plan declined by 18.1% during 2022, moving from $269M to $220M in total assets. Net income was $-48,655,554.
Where can I find official filings for The Glens Falls Hospital Partnership Plan?
Official Form 5500 filings for The Glens Falls Hospital Partnership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 141338413 or plan name at efast.dol.gov.
How does The Glens Falls Hospital Partnership Plan compare to other plans?
You can compare The Glens Falls Hospital Partnership Plan against other Profit Sharing plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 141338413.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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