401(k) · DOL Form 5500 · 2023

Hf Management Services, LLC 401(k) Plan

Data updated 2026-08-11

$554M
Total assets
5,585
Participants
98th
Percentile by assets
$99,256
Avg per participant
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Official DOL plan name: Healthfirst Profit Sharing 401(k) Plan · Sponsored by Hf Management Services, LLC · New York · Finance & Insurance

$554M in assets, 5,585 participants

Hf Management Services, LLC's Healthfirst Profit Sharing 401(k) Plan reported $554M in total assets and 5,585 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #8,505 in Finance & Insurance (8,869 peers)

Coverage in New York

Healthfirst Profit Sharing 401(k) Plan covers 5,585 participants in New York, 7.0x the typical New York plan (state average ~798 per filing). Assets: $554M.

$554M
total plan assets (2023 EOY)
5,585
covered participants
98th
percentile by assets (of 127,072 plans)
$99,256
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Healthfirst Profit Sharing 401(k) Plan reported net income rose from -$45M in the plan year 2022 filing to $121M in the plan year 2023 filing.
  • Healthfirst Profit Sharing 401(k) Plan end-of-year assets rose from $433M in the plan year 2022 filing to $554M in the plan year 2023 filing.
  • Healthfirst Profit Sharing 401(k) Plan reported participants rose from 4,992 in the plan year 2022 filing to 5,585 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Healthfirst Profit Sharing 401(k) Plan reports 5,585 participants - 7.0x that state average ($554M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$433M
Net Assets (End of Year)$554M
Net Income$121M
Employer EIN134069806
Plan Effective Date1996-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hf Management Services, LLC)

$400M$500M$600M$700M$800M 202220232024 $433M $678M ▲ +56.6%
Total plan assets by year, all Hf Management Services, LLC plans on file
Year Plans Participants Total Assets
2022 1 4,992 $433M
2023 1 5,585 $554M
2024 1 5,636 $678M

Nearby 401(k) Plans in New York

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

Healthfirst Profit Sharing 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Healthfirst Profit Sharing 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 Healthfirst Profit S…IBM 401 (K) Plus PlanPfizer Savings PlanMorgan Stanley 401(k…The Pepsico Savings …The Goldman Sachs 40…
Healthfirst Profit Sharing 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Scale composition for Healthfirst Profit Sharing 401(k) Plan

Healthfirst Profit Sharing 401(k) Plan reports $554M in end-of-year assets across 5,585 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $99,256 per participant (72% of the national average assets-per-participant) . Net income for plan year 2023 was $121M.

This plan identity (EIN 134069806, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $433M to $678M (+56.6%) while covered participants moved from 4,992 to 5,636 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,992 $433M Open filing
2023 5,585 $554M This page
2024 · index core 5,636 $678M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Healthfirst Profit Sharing 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Healthfirst Profit Sharing 401(k) Plan assets move in 2023?
Healthfirst Profit Sharing 401(k) Plan grew sharply - up 28.0% during 2023, from $433M to $554M. Reported net income was $121M.
How have Hf Management Services, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Hf Management Services, LLC's sponsor-wide assets grew 56.6%, from $433M to $678M.
Where does Healthfirst Profit Sharing 401(k) Plan rank by assets among Form 5500 filers?
Healthfirst Profit Sharing 401(k) Plan ranks in the 98th 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 Healthfirst Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Meijer 401(k) Retirement Plan II in MI ($554M, 42,227 participants).

Next read for Healthfirst Profit Sharing 401(k) Plan

Filing takeaways

Ways to act on Healthfirst Profit Sharing 401(k) Plan's numbers.