401(k) · DOL Form 5500 · 2022

Lake Shore Savings Bank 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
102
Participants Small participant base
73rd
Percentile by assets National rank
$149,160
Avg per participant Above avg balance/head
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Official DOL plan name: Lake Shore Savings Bank 401(k) Savings Plan · Sponsored by Lake Shore Savings Bank · New York · Finance & Insurance

$15M in assets, 102 participants

Lake Shore Savings Bank's Lake Shore Savings Bank 401(k) Savings Plan reported $15M in total assets and 102 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,350 in Finance & Insurance (9,261 peers)

Coverage in New York

Lake Shore Savings Bank 401(k) Savings Plan covers 102 participants in New York, about 13% of the average New York filer (state average ~798 per filing). Assets: $15M.

#5,350
in Finance & Insurance (9,261 peers)
-27.0%
assets change YoY

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lake Shore Savings Bank 401(k) Savings Plan's outsized position by total assets

Lake Shore Savings Bank 401(k) Savings Plan vs every filed plan by assets

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

$15,214,327 Top 27% higher than 73% 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

Lake Shore Savings Bank 401(k) Savings 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. Lake Shore Savings Bank 401(k) Savings Plan sits mid-pack in the medium band (102 participants).

DOL schedule card

Filing strip 160516470 · Lake Shore Savings Bank PY 2022 · 401(k)

Lake Shore Savings Bank 401(k) Savings Plan · $15M · 102 · 73rd

  • BOY $15M
  • BOY 102
  • BOY 73rd
  • BOY 401(k)
  • BOY near California Institute of Integral Studies Retirement Plan
  • BOY ind #5350

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 →

Lake Shore Savings Bank 401(k) Savings Plan in the asset neighbourhood

Lake Shore Savings Bank 401(k) Savings PlanLake Shore Savings Bank 401(…$15MCalifornia Institute of Integral Studies Retirement PlanCalifornia Institute of Inte…$15MEvergreen North America Industrial Services 401(k) PlanEvergreen North America Indu…$15MLeeward Management Services, LLC 401(k) PlanLeeward Management Services,…$15MForward Bank 401(k) Plan$15M
End-of-year total assets ($M) among Lake Shore Savings Bank 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$15M
Net Income-$6M
Employer EIN160516470
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Shore Savings Bank)

Sponsor-wide plan assets over time

All Lake Shore Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$17M 8.943524087526185% vs 2022
2024 filing year
$15M$15.5M$16M$16.5M$17M 202220232024 $15.2M $16.6M ▲ +9.0%
Year Plans Participants Total Assets
2022 1 102 $15M
2023 1 109 $17M
2024 1 109 $17M

Nearby 401(k) Plans in New York

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

Lake Shore Savings Bank 401(k) Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Lake Shore Savings Bank 401(k) Savings Plan, Total assets ($B): 0.015214327 · Participants: 102Lake Shore Savings Bank 401(k) Savings 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
Lake Shore Savings Bank 401(k) Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Lake Shore Savings Bank 401(k) Savings Plan side-by-side with 3 peers →

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

Outside New York, the nearest 401(k) by assets is California Institute of Integral Studies Retirement Plan in CA ($15M); by covered participants it is First Choice Bank 401(k) Profit Sharing Plan in CA (102 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (102 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 Lake Shore Savings Bank 401(k) Savings Plan assets move in 2022? ▼
Lake Shore Savings Bank 401(k) Savings Plan declined sharply - down 27.0% during 2022, from $21M to $15M. Reported net income was -$6M.
How have Lake Shore Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Shore Savings Bank's sponsor-wide assets grew 8.9%, from $15M to $17M.
Which 401(k) plans are similar in size to Lake Shore Savings Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is California Institute of Integral Studies Retirement Plan in CA ($15M, 243 participants).
Which 401(k) plans cover a similar participant headcount to Lake Shore Savings Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is First Choice Bank 401(k) Profit Sharing Plan in CA (102 participants, N/A in assets).

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 160516470.

Read our methodology - how this data is sourced, computed, and verified.

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