401(k) · DOL Form 5500 · 2022

Adirondack Bank 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
192
Participants Below avg headcount
68th
Percentile by assets National rank
$59,645
Avg per participant Low balance/head
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Official DOL plan name: Adirondack Bank 401(k) Plan · Sponsored by Adirondack Bank · New York · Finance & Insurance

$11M in assets, 192 participants

Adirondack Bank's Adirondack Bank 401(k) Plan reported $11M in total assets and 192 participants in its 2022 DOL Form 5500 filing, ranking in the 68th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,743 in Finance & Insurance (9,261 peers)

Coverage in New York

Adirondack Bank 401(k) Plan covers 192 participants in New York, about 24% of the average New York filer (state average ~798 per filing). Assets: $11M.

#4,743
in Finance & Insurance (9,261 peers)
-20.5%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Adirondack Bank 401(k) Plan's outsized position by total assets

Adirondack Bank 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,451,904 Top 32% higher than 68% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Adirondack Bank 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Adirondack Bank 401(k) Plan sits mid-pack in the medium band (192 participants).

DOL schedule card

Filing strip 150438700 · Adirondack Bank PY 2022 · 401(k)

Adirondack Bank 401(k) Plan · $11M · 192 · 68th

  • NET $11M
  • BOOK 192
  • VS-ST 68th
  • BOY 401(k)
  • SCH near Versatex Building Products, LLC 401(k) Plan
  • EBSA ind #4743

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in New York →

Adirondack Bank 401(k) Plan in the asset neighbourhood

Adirondack Bank 401(k) Plan$11MVersatex Building Products, LLC 401(k) PlanVersatex Building Products, …$11MFeit Electric Company, Inc. 401(k) PlanFeit Electric Company, Inc. …$11MWoodvine Group, LLC 401(k) Retirement PlanWoodvine Group, LLC 401(k) R…$11MOn Top of the World Communities, LLC 401(k) PlanOn Top of the World Communit…$11M
End-of-year total assets ($M) among Adirondack Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$11M
Net Income-$3M
Employer EIN150438700
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Adirondack Bank)

Sponsor-wide plan assets over time

All Adirondack Bank plans reported in each filing year

Latest sponsor-wide plan assets
$16M 39.875674822282825% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.5M $16M ▲ +39.9%
Year Plans Participants Total Assets
2022 1 192 $11M
2023 1 204 $14M
2024 1 207 $16M

Nearby 401(k) Plans in New York

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

Adirondack Bank 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Adirondack Bank 401(k) Plan, Total assets ($B): 0.011451904 · Participants: 192Adirondack Bank 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Adirondack Bank 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Adirondack Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Versatex Building Products, LLC 401(k) Plan in PA ($11M); by covered participants it is Discovery Living, Inc. 401(k) Plan in IA (192 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (192 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Adirondack Bank 401(k) Plan assets move in 2022?
Adirondack Bank 401(k) Plan declined sharply - down 20.5% during 2022, from $14M to $11M. Reported net income was -$3M.
How have Adirondack Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Adirondack Bank's sponsor-wide assets grew 39.9%, from $11M to $16M.
Which 401(k) plans are similar in size to Adirondack Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Versatex Building Products, LLC 401(k) Plan in PA ($11M, 172 participants).
Which 401(k) plans cover a similar participant headcount to Adirondack Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Discovery Living, Inc. 401(k) Plan in IA (192 participants, $2M in assets).