401(k)
2022 plan-year 401(k) DOL Form 5500

Empire Telephone Corporation Savings and Investment Profit Sharing Plan

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

Sponsored by Empire Telephone Corporation · New York · Information & Media

What the 2023 filing shows

Empire Telephone Corporation Savings and Investment Profit Sharing Plan holds $13M for 146 participants — about $88,321 per participant, down 12.1% over the 2022 plan year.

$13M
total plan assets (2022 EOY)
146
covered participants
$88,321
avg assets per participant
-12.1%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$13M
Participants
146
State
Industry
Information & Media

What the Filing Says About Empire Telephone Corporation Savings and Investment Profit Sharing Plan

Empire Telephone Corporation Savings and Investment Profit Sharing Plan is a 401(k) retirement plan sponsored by Empire Telephone Corporation, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $13M in total end-of-year assets and covers 146 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 160594870, and the plan has been effective since 1981-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $15M at the beginning of 2022 to $13M at year-end — a decline of 12.1%. Net assets (after liabilities) closed the year at $13M, with reported net income of $-1,772,911 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)$15M
Total Assets (End of Year)$13M
Net Assets (End of Year)$13M
Net Income$-1,772,911
Plan Type401(k)
Employer EIN160594870
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Empire Telephone Corporation)

Year Plans Participants Total Assets
2022 2 172 $13M
2023 2 205 $13M
2024 2 216 $15M

Nearby 401(k) Plans in New York

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Empire Telephone Corporation Savings and Investment Profit Sharing Plan?
As of the 2022 Form 5500 filing, Empire Telephone Corporation Savings and Investment Profit Sharing Plan holds $13M in total assets with 146 participants. It is sponsored by Empire Telephone Corporation.
What type of plan is Empire Telephone Corporation Savings and Investment Profit Sharing Plan?
Empire Telephone Corporation Savings and Investment Profit Sharing Plan is a 401(k) plan. It has been effective since 1981-01-01. The plan is filed with the U.S. Department of Labor under EIN 160594870.
Who sponsors the Empire Telephone Corporation Savings and Investment Profit Sharing Plan?
Empire Telephone Corporation Savings and Investment Profit Sharing Plan is sponsored by Empire Telephone Corporation, located in New York. The sponsor's EIN is 160594870 and the plan operates in the Information & Media industry.
How did Empire Telephone Corporation Savings and Investment Profit Sharing Plan perform in 2022?
Empire Telephone Corporation Savings and Investment Profit Sharing Plan declined by 12.1% during 2022, moving from $15M to $13M in total assets. Net income was $-1,772,911.
Where can I find official filings for Empire Telephone Corporation Savings and Investment Profit Sharing Plan?
Official Form 5500 filings for Empire Telephone Corporation Savings and Investment Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 160594870 or plan name at efast.dol.gov.
How does Empire Telephone Corporation Savings and Investment Profit Sharing Plan compare to other plans?
You can compare Empire Telephone Corporation Savings and Investment Profit Sharing Plan against other 401(k) 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 160594870.

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.