Defined Benefit (Pension) · DOL Form 5500 · 2023

Excellus Health Plan, Inc. Pension Plan

Data updated 2026-08-11

$787M
Total assets
2,138
Participants
98th
Percentile by assets
$368,214
Avg per participant
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Official DOL plan name: Excellus Retirement Plan · Sponsored by Excellus Health Plan, Inc. · New York · Finance & Insurance

$787M in assets, 2,138 participants

Excellus Health Plan, Inc.'s Excellus Retirement Plan reported $787M in total assets and 2,138 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)
  • #8,590 in Finance & Insurance (8,869 peers)

Coverage in New York

Excellus Retirement Plan covers 2,138 participants in New York, 2.7x the typical New York plan (state average ~798 per filing). Assets: $787M.

$787M
total plan assets (2023 EOY)
2,138
covered participants
98th
percentile by assets (of 127,072 plans)
$368,214
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Excellus Retirement Plan reported net income fell from $210M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Excellus Retirement Plan reported participants fell from 2,317 in the plan year 2022 filing to 2,138 in the plan year 2023 filing.
  • Excellus Retirement Plan end-of-year assets rose from $782M in the plan year 2022 filing to $787M 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. Excellus Retirement Plan reports 2,138 participants - 2.7x that state average ($787M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$782M
Net Assets (End of Year)$787M
Net Income$5M
Employer EIN150329043
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Excellus Health Plan, Inc.)

$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.4B $1.62B ▲ +15.7%
Total plan assets by year, all Excellus Health Plan, Inc. plans on file
Year Plans Participants Total Assets
2022 3 6,385 $1.4B
2023 3 6,417 $1.5B
2024 3 6,533 $1.6B

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Excellus Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Excellus Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Excellus Retirement …IBM Personal Pension…Consolidated Edison …1199seiu Health Care…Pfizer Consolidated …Pepsico Employees Re…
Excellus Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Excellus Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Excellus Retirement Plan assets move in 2023?
Excellus Retirement Plan held essentially flat - up 0.6% during 2023, from $782M to $787M. Reported net income was $5M.
How have Excellus Health Plan, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Excellus Health Plan, Inc.'s sponsor-wide assets grew 15.5%, from $1.4B to $1.6B.
Where does Excellus Retirement Plan rank by assets among Form 5500 filers?
Excellus Retirement 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 Defined Benefit (Pension) plans are similar in size to Excellus Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Schneider Electric Pension Plan in IL ($786M, 1,688 participants).

Filing takeaways

Ways to act on Excellus Retirement Plan's numbers.