401(k) · DOL Form 5500 · 2023

Financial Institutions, Inc. 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
650
Participants Below avg headcount
88th
Percentile by assets National rank
$97,482
Avg per participant Below avg balance/head
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Official DOL plan name: Financial Institutions, Inc. 401(k) Plan · Sponsored by Financial Institutions, Inc. · New York · Finance & Insurance

$63M in assets, 650 participants

Financial Institutions, Inc.'s Financial Institutions, Inc. 401(k) Plan reported $63M in total assets and 650 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,198 in Finance & Insurance (8,869 peers)

Where Financial Institutions, Inc. 401(k) Plan sits by assets

Financial Institutions, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $63M for 650 participants (~$97,482/participant), up 12.0% in 2023.

#7,198
in Finance & Insurance (8,869 peers)
+12.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Financial Institutions, Inc. 401(k) Plan's outsized position by total assets

Financial Institutions, Inc. 401(k) Plan vs every filed plan by assets

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

$63,363,264 Top 12% higher than 88% 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

Financial Institutions, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Financial Institutions, Inc. 401(k) Plan sits mid-pack in the medium band (650 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Financial Institutions, Inc. 401(k) Plan reported net income rose from -$11M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Financial Institutions, Inc. 401(k) Plan end-of-year assets rose from $57M in the plan year 2022 filing to $63M in the plan year 2023 filing.
  • Financial Institutions, Inc. 401(k) Plan reported participants rose from 602 in the plan year 2022 filing to 650 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 160816610 · Financial Institutions, Inc. PY 2023 · 401(k)

Financial Institutions, Inc. 401(k) Plan · $63M · 650 · 88th

  • RANK $63M
  • RANK 650
  • RANK 88th
  • RANK 401(k)
  • RANK near American Eagle Financial Credit Union Incorporated Employee Savings Plan
  • RANK ind #7198

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 →

Financial Institutions, Inc. 401(k) Plan in the asset neighbourhood

Leo Pharma Inc. 401(k) Plan$63MFinancial Institutions, Inc. 401(k) PlanFinancial Institutions, Inc.…$63MAmerican Eagle Financial Credit Union Incorporated Employee Savings PlanAmerican Eagle Financial Cre…$63MPyxus International, Inc. Savings and Profit Sharing PlanPyxus International, Inc. Sa…$63MComagine Health Retirement Savings PlanComagine Health Retirement S…$63M
End-of-year total assets ($M) among Financial Institutions, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$63M
Net Income$7M
Employer EIN160816610
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Financial Institutions, Inc.)

Sponsor-wide plan assets over time

All Financial Institutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$139M 12.816650857720715% vs 2022
2024 filing year
$120M$125M$130M$135M$140M$145M 202220232024 $123M $139M ▲ +12.8%
Year Plans Participants Total Assets
2022 2 1,279 $123M
2023 2 1,309 $135M
2024 2 1,211 $139M

Nearby 401(k) Plans in New York

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

Financial Institutions, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Financial Institutions, Inc. 401(k) Plan, Total assets ($B): 0.063363264 · Participants: 650Financial Institutions, Inc. 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
Financial Institutions, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Financial Institutions, Inc. 401(k) Plan side-by-side with 3 peers →

Financial Institutions, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is American Eagle Financial Credit Union Incorporated Employee Savings Plan in CT ($63M); by covered participants it is Daxko, LLC 401(k) Retirement Plan in AL (650 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (650 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 Financial Institutions, Inc. 401(k) Plan assets move in 2023? ▼
Financial Institutions, Inc. 401(k) Plan grew at a solid clip - up 12.0% during 2023, from $57M to $63M. Reported net income was $7M.
How have Financial Institutions, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Financial Institutions, Inc.'s sponsor-wide assets grew 12.8%, from $123M to $139M.
Where does Financial Institutions, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Financial Institutions, Inc. 401(k) Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Financial Institutions, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is American Eagle Financial Credit Union Incorporated Employee Savings Plan in CT ($63M, 338 participants).
Which 401(k) plans cover a similar participant headcount to Financial Institutions, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Daxko, LLC 401(k) Retirement Plan in AL (650 participants, $35M 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 160816610.

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.