Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

New York Institute of Technology Tax Deferred Annuity Plan

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

Sponsored by New York Institute of Technology · New York · Educational Services

What the 2023 filing shows

New York Institute of Technology Tax Deferred Annuity Plan holds $123M for 373 participants — about $330,759 per participant, down 13.8% over the 2022 plan year.

$123M
total plan assets (2022 EOY)
373
covered participants
$330,759
avg assets per participant
-13.8%
assets change YoY

The plan reported a net loss of $20M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$123M
Participants
373
State
Industry
Educational Services

What the Filing Says About New York Institute of Technology Tax Deferred Annuity Plan

New York Institute of Technology Tax Deferred Annuity Plan is a Profit Sharing retirement plan sponsored by New York Institute of Technology, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $123M in total end-of-year assets and covers 373 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 111788788, and the plan has been effective since 1982-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $143M at the beginning of 2022 to $123M at year-end — a decline of 13.8%. Net assets (after liabilities) closed the year at $123M, with reported net income of $-19,686,930 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)$143M
Total Assets (End of Year)$123M
Net Assets (End of Year)$123M
Net Income$-19,686,930
Plan TypeProfit Sharing
Employer EIN111788788
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New York Institute of Technology)

Year Plans Participants Total Assets
2022 2 1,500 $445M
2023 2 1,542 $502M
2024 1 1,090 $550M

Nearby Profit Sharing Plans in New York

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Frequently Asked Questions

How much money is in the New York Institute of Technology Tax Deferred Annuity Plan?
As of the 2022 Form 5500 filing, New York Institute of Technology Tax Deferred Annuity Plan holds $123M in total assets with 373 participants. It is sponsored by New York Institute of Technology.
What type of plan is New York Institute of Technology Tax Deferred Annuity Plan?
New York Institute of Technology Tax Deferred Annuity Plan is a Profit Sharing plan. It has been effective since 1982-01-01. The plan is filed with the U.S. Department of Labor under EIN 111788788.
Who sponsors the New York Institute of Technology Tax Deferred Annuity Plan?
New York Institute of Technology Tax Deferred Annuity Plan is sponsored by New York Institute of Technology, located in New York. The sponsor's EIN is 111788788 and the plan operates in the Educational Services industry.
How did New York Institute of Technology Tax Deferred Annuity Plan perform in 2022?
New York Institute of Technology Tax Deferred Annuity Plan declined by 13.8% during 2022, moving from $143M to $123M in total assets. Net income was $-19,686,930.
Where can I find official filings for New York Institute of Technology Tax Deferred Annuity Plan?
Official Form 5500 filings for New York Institute of Technology Tax Deferred Annuity Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 111788788 or plan name at efast.dol.gov.
How does New York Institute of Technology Tax Deferred Annuity Plan compare to other plans?
You can compare New York Institute of Technology Tax Deferred Annuity 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 111788788.

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.