Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

South Nassau Communities Hospital Employee Defined Contribution Retirement Plan

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

Sponsored by South Nassau Communities Hospital ยท New York ยท Healthcare & Social Assistance

What the 2023 filing shows

South Nassau Communities Hospital Employee Defined Contribution Retirement Plan holds $245M for 3,581 participants - about $68,292 per participant, down 10.5% over the 2022 plan year.

$245M
total plan assets (2022 EOY)
3,581
covered participants
$68,292
avg assets per participant
-10.5%
assets change YoY

The plan reported a net loss of $29M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$245M
Participants
3,581
State
Industry
Healthcare & Social Assistance

What the Filing Says About South Nassau Communities Hospital Employee Defined Contribution Retirement Plan

South Nassau Communities Hospital Employee Defined Contribution Retirement Plan is a Profit Sharing retirement plan sponsored by South Nassau Communities Hospital, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $245M in total end-of-year assets and covers 3,581 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 111352310, and the plan has been effective since 2014-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $273M at the beginning of 2022 to $245M at year-end โ€” a decline of 10.5%. Net assets (after liabilities) closed the year at $245M, with reported net income of $-28,788,986 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 โ€” 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)$273M
Total Assets (End of Year)$245M
Net Assets (End of Year)$245M
Net Income$-28,788,986
Plan TypeProfit Sharing
Employer EIN111352310
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Nassau Communities Hospital)

Year Plans Participants Total Assets
2022 2 4,497 $378M
2023 2 4,736 $440M
2024 2 4,833 $490M

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Frequently Asked Questions

How much money is in the South Nassau Communities Hospital Employee Defined Contribution Retirement Plan?
As of the 2022 Form 5500 filing, South Nassau Communities Hospital Employee Defined Contribution Retirement Plan holds $245M in total assets with 3,581 participants. It is sponsored by South Nassau Communities Hospital.
What type of plan is South Nassau Communities Hospital Employee Defined Contribution Retirement Plan?
South Nassau Communities Hospital Employee Defined Contribution Retirement Plan is a Profit Sharing plan. It has been effective since 2014-01-01. The plan is filed with the U.S. Department of Labor under EIN 111352310.
Who sponsors the South Nassau Communities Hospital Employee Defined Contribution Retirement Plan?
South Nassau Communities Hospital Employee Defined Contribution Retirement Plan is sponsored by South Nassau Communities Hospital, located in New York. The sponsor's EIN is 111352310 and the plan operates in the Healthcare & Social Assistance industry.
How did South Nassau Communities Hospital Employee Defined Contribution Retirement Plan perform in 2022?
South Nassau Communities Hospital Employee Defined Contribution Retirement Plan declined by 10.5% during 2022, moving from $273M to $245M in total assets. Net income was $-28,788,986.
Where can I find official filings for South Nassau Communities Hospital Employee Defined Contribution Retirement Plan?
Official Form 5500 filings for South Nassau Communities Hospital Employee Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 111352310 or plan name at efast.dol.gov.
How does South Nassau Communities Hospital Employee Defined Contribution Retirement Plan compare to other plans?
You can compare South Nassau Communities Hospital Employee Defined Contribution Retirement 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) โ€” original filing retrieval by EIN 111352310.

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

Reference: IRS Publication 590-B โ€” 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.