Profit Sharing · DOL Form 5500 · 2022

Niagara Falls Memorial Medical Center Profit Sharing Plan

Data updated 2026-08-11

$23M
Total assets
1,091
Participants
79th
Percentile by assets
$20,870
Avg per participant
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Official DOL plan name: Niagara Falls Memorial Medical Center Sponsored 403(b) Plan · Sponsored by Niagara Falls Memorial Medical Center · New York · Healthcare & Social Assistance

$23M in assets, 1,091 participants

Niagara Falls Memorial Medical Center's Niagara Falls Memorial Medical Center Sponsored 403(b) Plan reported $23M in total assets and 1,091 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • 79th percentile by assets (of 139,126 plans)
  • #16,508 in Healthcare & Social Assistance (20,060 peers)

Where Niagara Falls Memorial Medical Center Sponsored 403(b) Plan sits by assets

Niagara Falls Memorial Medical Center Sponsored 403(b) Plan sits in the top quartile of all filed plans by assets, $23M for 1,091 participants (~$20,870/participant), down 14.0% in 2022.

$23M
total plan assets (2022 EOY)
1,091
covered participants
79th
percentile by assets (of 139,126 plans)
$20,870
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Niagara Falls Memorial Medical Center Sponsored 403(b) Plan sits by total assets

Niagara Falls Memorial Medical Center Sponsored 403(b) Plan vs every filed plan by assets

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

$22,769,705 Top 21% higher than 79% of 139,123 filed plans

This plan $0 $2,010,000,000 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

Niagara Falls Memorial Medical Center Sponsored 403(b) Plan vs the 2022 asset distribution

By assets, Niagara Falls Memorial Medical Center Sponsored 403(b) Plan outranks 79% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$23M
Net Income-$4M
Employer EIN160743094
Plan Effective Date2010-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Niagara Falls Memorial Medical Center)

$20M$25M$30M$35M 202220232024 $22.8M $31.4M ▲ +38.0%
Total plan assets by year, all Niagara Falls Memorial Medical Center plans on file
Year Plans Participants Total Assets
2022 1 1,091 $23M
2023 1 1,160 $27M
2024 1 1,192 $31M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Niagara Falls Memorial Medical Center Sponsored 403(b) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Niagara Falls Memorial Medical Center Sponsored 403(b) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Niagara Falls Memori…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Niagara Falls Memorial Medical Center Sponsored 403(b) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Niagara Falls Memorial Medical Center Sponsored 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Niagara Falls Memorial Medical Center Sponsored 403(b) Plan assets move in 2022?
Niagara Falls Memorial Medical Center Sponsored 403(b) Plan pulled back noticeably - down 14.0% during 2022, from $26M to $23M. Reported net income was -$4M.
How have Niagara Falls Memorial Medical Center plan assets changed over time?
Across 3 plan years on file (2022-2024), Niagara Falls Memorial Medical Center's sponsor-wide assets grew 38.0%, from $23M to $31M.
Where does Niagara Falls Memorial Medical Center Sponsored 403(b) Plan rank by assets among Form 5500 filers?
Niagara Falls Memorial Medical Center Sponsored 403(b) Plan ranks in the 79th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Niagara Falls Memorial Medical Center Sponsored 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is Consumer Healthcare Puerto Rico 401(k) Plan in NJ ($23M, 702 participants).

Next read for Niagara Falls Memorial Medical Center Sp…

Scale reading

Ways to act on Niagara Falls Memorial Medical Center Sponsored 403(b) Plan's numbers.