Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc.

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by The Joseph P. Addabbo Family Health Center, Inc. Β· New York Β· Healthcare & Social Assistance

What the 2023 filing shows

The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc. holds N/A for 261 participants.

N/A
total plan assets (2023 EOY)
261
covered participants
$-708,244
reported net income

The plan reported a net loss of $708K for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
N/A
Participants
261
State
Industry
Healthcare & Social Assistance

What the Filing Says About The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc.

The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc. is a Profit Sharing retirement plan sponsored by The Joseph P. Addabbo Family Health Center, Inc., headquartered in New York. As of the 2023 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 261 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 061181226, and the plan has been effective since 1998-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $25M at the beginning of 2023 to N/A at year-end. Net assets (after liabilities) closed the year at N/A, with reported net income of $-708,244 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$25M
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Net Income$-708,244
Plan TypeProfit Sharing
Employer EIN061181226
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Joseph P. Addabbo Family Health Center, Inc.)

Year Plans Participants Total Assets
2022 1 292 $25M
2023 1 261 N/A

Nearby Profit Sharing Plans in New York

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Frequently Asked Questions

How much money is in the The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc.?
As of the 2023 Form 5500 filing, The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc. holds N/A in total assets with 261 participants. It is sponsored by The Joseph P. Addabbo Family Health Center, Inc..
What type of plan is The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc.?
The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc. is a Profit Sharing plan. It has been effective since 1998-01-01. The plan is filed with the U.S. Department of Labor under EIN 061181226.
Who sponsors the The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc.?
The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc. is sponsored by The Joseph P. Addabbo Family Health Center, Inc., located in New York. The sponsor's EIN is 061181226 and the plan operates in the Healthcare & Social Assistance industry.
How did The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc. perform in 2023?
The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc. held N/A in total assets at the end of 2023. Net income was $-708,244.
Where can I find official filings for The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc.?
Official Form 5500 filings for The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 061181226 or plan name at efast.dol.gov.
How does The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc. compare to other plans?
You can compare The Americas 403(b) Mep as Adopted by the Joseph P. Addabbo Family Health Center, Inc. against other Profit Sharing plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 061181226.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.