401(k) · DOL Form 5500 · 2023

Empire State Bank 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
55
Participants Small participant base
36th
Percentile by assets National rank
$56,687
Avg per participant Low balance/head
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Official DOL plan name: Empire State Bank 401(k) Plan · Sponsored by Empire State Bank · New York · Finance & Insurance

$3M in assets, 55 participants

Empire State Bank's Empire State Bank 401(k) Plan reported $3M in total assets and 55 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #2,230 in Finance & Insurance (8,869 peers)

Empire State Bank multi-year trail

Empire State Bank's plans moved +57.8% in assets from 2022 to 2024; this filing shows Empire State Bank 401(k) Plan at $3M / 55 participants.

#2,230
in Finance & Insurance (8,869 peers)
+21.2%
assets growth YoY

Empire State Bank 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

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

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

$3,117,803 36th percentile higher than 36% of 127,068 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 2023

Empire State Bank 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Empire State Bank 401(k) Plan is a small filing (55 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Empire State Bank 401(k) Plan reported net income rose from -$765K in the plan year 2022 filing to $556K in the plan year 2023 filing.
  • Empire State Bank 401(k) Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Empire State Bank 401(k) Plan reported participants fell from 58 in the plan year 2022 filing to 55 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 200494115 · Empire State Bank PY 2023 · 401(k)

Empire State Bank 401(k) Plan · $3M · 55 · 36th

  • ASSETS $3M
  • ASSETS 55
  • ASSETS 36th
  • ASSETS 401(k)
  • ASSETS near Mindoula Health Inc 401(k) Profit Sharing Plan & Trust
  • ASSETS ind #2230

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 →

Empire State Bank 401(k) Plan in the asset neighbourhood

Empire State Bank 401(k) Plan$3MMindoula Health Inc 401(k) Profit Sharing Plan & TrustMindoula Health Inc 401(k) P…$3MQuality Machine & Tool Works, Inc. Tax Savings & Retirement PlanQuality Machine & Tool Works…$3MMinnick Industries, Inc. 401(k) PlanMinnick Industries, Inc. 401…$3MCogswell College, LLC 401(k) PlanCogswell College, LLC 401(k)…$3M
End-of-year total assets ($M) among Empire State Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Empire State Bank multi-year asset trail

Sponsor-wide plan assets over time

All Empire State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$4M 57.81029088026782% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.57M $4.06M ▲ +58.0%
Year Plans Participants Total Assets
2022 1 58 $3M
2023 1 55 $3M
2024 1 58 $4M

Empire State Bank filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$556K
Employer EIN200494115
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

Empire State Bank 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Empire State Bank 401(k) Plan, Total assets ($B): 0.003117803 · Participants: 55Empire State Bank 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Empire State Bank 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Empire State Bank 401(k) Plan side-by-side with 3 peers →

Empire State 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 Mindoula Health Inc 401(k) Profit Sharing Plan & Trust in MD ($3M); by covered participants it is Verico Technology LLC 401(k) Plan in NH (55 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (55 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Empire State Bank 401(k) Plan assets move in 2023? ▼
Empire State Bank 401(k) Plan grew sharply - up 21.2% during 2023, from $3M to $3M. Reported net income was $556K.
How have Empire State Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Empire State Bank's sponsor-wide assets grew 57.8%, from $3M to $4M.
Which 401(k) plans are similar in size to Empire State Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mindoula Health Inc 401(k) Profit Sharing Plan & Trust in MD ($3M, 218 participants).
Which 401(k) plans cover a similar participant headcount to Empire State Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Verico Technology LLC 401(k) Plan in NH (55 participants, $32M in assets).

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 200494115.

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.