401(k) · DOL Form 5500 · 2023

Independent Health Association, Inc. 401(k) Plan

Data updated 2026-08-11

$214M
Total assets: 1,645
Participants: 95th
Percentile by assets: $129,885
Avg per participant

Official DOL plan name: Independent Health 401(k) Retirement Savings Plan · Sponsored by Independent Health Association, Inc. · New York · Finance & Insurance

$214M in assets, 1,645 participants

Independent Health Association, Inc.'s Independent Health 401(k) Retirement Savings Plan reported $214M in total assets and 1,645 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 127,072 plans)
#8,158 in Finance & Insurance (8,869 peers)

Coverage in New York

Independent Health 401(k) Retirement Savings Plan covers 1,645 participants in New York, 2.1x the typical New York plan (state average ~798 per filing). Assets: $214M.

$214M
total plan assets (2023 EOY): 1,645
covered participants: 95th
percentile by assets (of 127,072 plans): $129,885
avg assets per participant

Where Independent Health 401(k) Retirement Savings Plan sits by total assets

Independent Health 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$213,660,205 Top 5% higher than 95% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Independent Health 401(k) Retirement Savings Plan reported net income rose from -$32M in the plan year 2022 filing to $40M in the plan year 2023 filing.
Independent Health 401(k) Retirement Savings Plan end-of-year assets rose from $174M in the plan year 2022 filing to $214M in the plan year 2023 filing.
Independent Health 401(k) Retirement Savings Plan reported participants rose from 1,574 in the plan year 2022 filing to 1,645 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Finance & Insurance

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Independent Health 401(k) Retirement Savings Plan reports 1,645 participants - 2.1x that state average ($214M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$174M
Net Assets (End of Year)	$214M
Net Income	$40M
Employer EIN	161080163
Plan Effective Date	1998-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Independent Health Association, Inc.)

Total plan assets by year, all Independent Health Association, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,990	$256M
2023	2	2,034	$301M
2024	2	2,024	$336M

Nearby 401(k) Plans in New York

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

Independent Health 401(k) Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401 (K) Plus Plan $57.4B · 54,912
Pfizer Savings Plan $19.6B · 30,033
Morgan Stanley 401(k) Plan $19.2B · 55,363
The Pepsico Savings Plan $13.7B · 133,597
The Goldman Sachs 401(k) Plan $11.4B · 24,866

Compare Independent Health 401(k) Retirement Sav… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Independent Health 401(k) Retirement Savings Plan by total assets, not by location.

Gatx Corporation Salaried Employees Retirement Savings Plan (IL) $214M · 616
Kendall Electric, Inc. Profit Sharing Plan (MI) $214M · 1,541
Summit Racing Equipment Retirement Plan (OH) $214M · 1,886
Affordable Care, LLC Multiple Employer 401(k) Plan (NC) $214M · 2,393

Frequently Asked Questions

How did Independent Health 401(k) Retirement Savings Plan assets move in 2023? ▼

Independent Health 401(k) Retirement Savings Plan grew sharply - up 22.9% during 2023, from $174M to $214M. Reported net income was $40M.

How have Independent Health Association, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Independent Health Association, Inc.'s sponsor-wide assets grew 30.9%, from $256M to $336M.

Where does Independent Health 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Independent Health 401(k) Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Independent Health 401(k) Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Gatx Corporation Salaried Employees Retirement Savings Plan in IL ($214M, 616 participants).

Next read for Independent Health 401(k) Retirement Sav…

Filing takeaways

Ways to act on Independent Health 401(k) Retirement Savings Plan's numbers.

By total assets, Independent Health 401(k) Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
Independent Health Association, Inc.'s sponsor-wide assets have grown 30.9% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 161080163.