Profit Sharing · DOL Form 5500 · 2023

Concern for Independent Living, Inc. Profit Sharing Plan

Data updated 2026-08-11

$22M
Total assets
358
Participants
74th
Percentile by assets
$60,969
Avg per participant
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Official DOL plan name: Concern for Mental Health, Inc. Retirement Plan · Sponsored by Concern for Independent Living, Inc. · New York · Other Services

$22M in assets, 358 participants

Concern for Independent Living, Inc.'s Concern for Mental Health, Inc. Retirement Plan reported $22M in total assets and 358 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 127,072 plans)
  • #6,762 in Other Services (7,857 peers)

Coverage in New York

Concern for Mental Health, Inc. Retirement Plan covers 358 participants in New York, about 45% of the average New York filer (state average ~798 per filing). Assets: $22M.

$22M
total plan assets (2023 EOY)
358
covered participants
74th
percentile by assets (of 127,072 plans)
$60,969
avg assets per participant

Where Concern for Mental Health, Inc. Retirement Plan sits by total assets

Concern for Mental Health, Inc. Retirement Plan vs every filed plan by assets

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

$21,827,027 Top 26% higher than 74% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Concern for Mental Health, Inc. Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Concern for Mental Health, Inc. Retirement Plan end-of-year assets rose from $18M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Concern for Mental Health, Inc. Retirement Plan reported participants fell from 367 in the plan year 2022 filing to 358 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Concern for Mental Health, Inc. Retirement Plan reports 358 participants - about 45% of that state average ($22M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$4M
Employer EIN237259687
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Concern for Independent Living, Inc.)

$15M$20M$25M$30M 202220232024 $17.6M $25.7M ▲ +46.1%
Total plan assets by year, all Concern for Independent Living, Inc. plans on file
Year Plans Participants Total Assets
2022 1 367 $18M
2023 1 358 $22M
2024 1 363 $26M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Concern for Mental Health, Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Concern for Mental Health, Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Concern for Mental H…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Concern for Mental Health, Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Concern for Mental Health, Inc. Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Concern for Mental Health, Inc. Retirement Plan assets move in 2023?
Concern for Mental Health, Inc. Retirement Plan grew sharply - up 24.3% during 2023, from $18M to $22M. Reported net income was $4M.
How have Concern for Independent Living, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Concern for Independent Living, Inc.'s sponsor-wide assets grew 46.1%, from $18M to $26M.
Which Profit Sharing plans are similar in size to Concern for Mental Health, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Segerstrom Center for the Arts 403(b) Retirement Plan in CA ($22M, 670 participants).

Next read for Concern for Mental Health, Inc. Retireme…

Filing takeaways

Ways to act on Concern for Mental Health, Inc. Retirement Plan's numbers.

  • By total assets, Concern for Mental Health, Inc. Retirement Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
  • Concern for Independent Living, Inc.'s sponsor-wide assets have grown 46.1% since 2022 across 3 plan years on file. More Other Services plans