401(k) · DOL Form 5500 · 2023

Genesee Regional Bank 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
162
Participants Small participant base
71st
Percentile by assets National rank
$112,877
Avg per participant Below avg balance/head
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Official DOL plan name: Genesee Regional Bank 401(k) Plan and Trust · Sponsored by Genesee Regional Bank · New York · Finance & Insurance

$18M in assets, 162 participants

Genesee Regional Bank's Genesee Regional Bank 401(k) Plan and Trust reported $18M in total assets and 162 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,064 in Finance & Insurance (8,869 peers)

Coverage in New York

Genesee Regional Bank 401(k) Plan and Trust covers 162 participants in New York, about 20% of the average New York filer (state average ~798 per filing). Assets: $18M.

#5,064
in Finance & Insurance (8,869 peers)
+11.8%
assets growth YoY

Genesee Regional Bank 401(k) Plan and Trust's outsized position by total assets

Genesee Regional Bank 401(k) Plan and Trust vs every filed plan by assets

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

$18,286,130 Top 29% higher than 71% 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

Genesee Regional Bank 401(k) Plan and Trust 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. Genesee Regional Bank 401(k) Plan and Trust sits mid-pack in the medium band (162 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Genesee Regional Bank 401(k) Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Genesee Regional Bank 401(k) Plan and Trust end-of-year assets rose from $16M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Genesee Regional Bank 401(k) Plan and Trust reported participants rose from 153 in the plan year 2022 filing to 162 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 363351119 · Genesee Regional Bank PY 2023 · 401(k)

Genesee Regional Bank 401(k) Plan and Trust · $18M · 162 · 71st

  • EOY $18M
  • EOY 162
  • EOY 71st
  • EOY 401(k)
  • EOY near Gongos, LLC 401(k) Plan
  • EOY ind #5064

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 →

Genesee Regional Bank 401(k) Plan and Trust in the asset neighbourhood

Genesee Regional Bank 401(k) Plan and TrustGenesee Regional Bank 401(k)…$18MGongos, LLC 401(k) Plan$18MNational Association of College Stores Employees Tax Deferred Savings PlanNational Association of Coll…$18MThe Bay 101 401(k) Plan$18MFirst Team Automotive/Hampton Motor Corporation 401(k) PlanFirst Team Automotive/Hampto…$18M
End-of-year total assets ($M) among Genesee Regional Bank 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN363351119
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Genesee Regional Bank)

Sponsor-wide plan assets over time

All Genesee Regional Bank plans reported in each filing year

Latest sponsor-wide plan assets
$22M 35.64772870894504% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $16.4M $22.2M ▲ +35.7%
Year Plans Participants Total Assets
2022 1 153 $16M
2023 1 162 $18M
2024 1 152 $22M

Nearby 401(k) Plans in New York

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

Genesee Regional Bank 401(k) Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Genesee Regional Bank 401(k) Plan and Trust, Total assets ($B): 0.01828613 · Participants: 162Genesee Regional Bank 401(k) Plan and TrustIBM 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
Genesee Regional Bank 401(k) Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants
Compare Genesee Regional Bank 401(k) Plan and Trust side-by-side with 3 peers →

Genesee Regional Bank 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Gongos, LLC 401(k) Plan in MI ($18M); by covered participants it is Marine Bank, Etal Employees' 401(k) Profit Sharing Plan & Trust in IL (162 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (162 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 Genesee Regional Bank 401(k) Plan and Trust assets move in 2023? ▼
Genesee Regional Bank 401(k) Plan and Trust grew at a solid clip - up 11.8% during 2023, from $16M to $18M. Reported net income was $2M.
How have Genesee Regional Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Genesee Regional Bank's sponsor-wide assets grew 35.6%, from $16M to $22M.
Which 401(k) plans are similar in size to Genesee Regional Bank 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Gongos, LLC 401(k) Plan in MI ($18M, 137 participants).
Which 401(k) plans cover a similar participant headcount to Genesee Regional Bank 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Marine Bank, Etal Employees' 401(k) Profit Sharing Plan & Trust in IL (162 participants, N/A 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 363351119.

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.