401(k) · DOL Form 5500 · 2023

Safra National Bank of New York 401(k) Plan

Data updated 2026-08-25

$76M
Total assets Below avg plan size
308
Participants Below avg headcount
89th
Percentile by assets National rank
$246,211
Avg per participant Above avg balance/head
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Official DOL plan name: Profit Sharing & 401(k) Plan of Safra National Bank of New York · Sponsored by Safra National Bank of New York · New York · Finance & Insurance

$76M in assets, 308 participants

Safra National Bank of New York's Profit Sharing & 401(k) Plan of Safra National Bank of New York reported $76M in total assets and 308 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,399 in Finance & Insurance (8,869 peers)

Coverage in New York

Profit Sharing & 401(k) Plan of Safra National Bank of New York covers 308 participants in New York, about 39% of the average New York filer (state average ~798 per filing). Assets: $76M.

#7,399
in Finance & Insurance (8,869 peers)
+28.3%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Profit Sharing & 401(k) Plan of Safra National Bank of New York's outsized position by total assets

Profit Sharing & 401(k) Plan of Safra National Bank of New York vs every filed plan by assets

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

$75,832,939 Top 11% higher than 89% 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

Profit Sharing & 401(k) Plan of Safra National Bank of New York 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. Profit Sharing & 401(k) Plan of Safra National Bank of New York sits mid-pack in the medium band (308 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Profit Sharing & 401(k) Plan of Safra National Bank of New York reported net income rose from -$14M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Profit Sharing & 401(k) Plan of Safra National Bank of New York end-of-year assets rose from $59M in the plan year 2022 filing to $76M in the plan year 2023 filing.
  • Profit Sharing & 401(k) Plan of Safra National Bank of New York reported participants fell from 313 in the plan year 2022 filing to 308 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 133379508 · Safra National Bank of New York PY 2023 · 401(k)

Profit Sharing & 401(k) Plan of Safra National Bank of New York · $76M · 308 · 89th

  • PHOTO $76M
  • PHOTO 308
  • PHOTO 89th
  • PHOTO 401(k)
  • PHOTO near Ag Partners Coop 401(k) Retirement Plan
  • PHOTO ind #7399

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 →

Profit Sharing & 401(k) Plan of Safra National Bank of New York in the asset neighbourhood

Profit Sharing & 401(k) Plan of Safra National Bank of New YorkProfit Sharing & 401(k) Plan…$76MAg Partners Coop 401(k) Retirement PlanAg Partners Coop 401(k) Reti…$76MConway Medical Center 401(k) PlanConway Medical Center 401(k)…$76MUnited Service Organizations Retirement Savings PlanUnited Service Organizations…$76MQuarternorth Energy 401(k) PlanQuarternorth Energy 401(k) P…$76M
End-of-year total assets ($M) among Profit Sharing & 401(k) Plan of Safra National Bank of New York and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$76M
Net Income$17M
Employer EIN133379508
Plan Effective Date1987-07-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Safra National Bank of New York)

Sponsor-wide plan assets over time

All Safra National Bank of New York plans reported in each filing year

Latest sponsor-wide plan assets
$92M 55.560944489964356% vs 2022
2024 filing year
$50M$60M$70M$80M$90M$100M 202220232024 $59.1M $91.9M ▲ +55.6%
Year Plans Participants Total Assets
2022 1 313 $59M
2023 1 308 $76M
2024 1 357 $92M

Nearby 401(k) Plans in New York

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

Profit Sharing & 401(k) Plan of Safra National Bank of New York vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Profit Sharing & 401(k) Plan of Safra National Bank of New York, Total assets ($B): 0.075832939 · Participants: 308Profit Sharing & 401(k) Plan of Safra National Bank of New YorkIBM 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
Profit Sharing & 401(k) Plan of Safra National Bank of New York vs. nearby 401(k) plans in New York, assets vs. participants
Compare Profit Sharing & 401(k) Plan of Safra National Bank of New York side-by-side with 3 peers →

Profit Sharing & 401(k) Plan of Safra National Bank of New York's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Ag Partners Coop 401(k) Retirement Plan in MN ($76M); by covered participants it is Kemberton Healthcare Services 401(k) Plan in TN (308 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($76M here).

Similar participant headcount

Nearest other-state filings by covered participants (308 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 Profit Sharing & 401(k) Plan of Safra National Bank of New York assets move in 2023? ▼
Profit Sharing & 401(k) Plan of Safra National Bank of New York grew sharply - up 28.3% during 2023, from $59M to $76M. Reported net income was $17M.
How have Safra National Bank of New York plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Safra National Bank of New York's sponsor-wide assets grew 55.6%, from $59M to $92M.
Where does Profit Sharing & 401(k) Plan of Safra National Bank of New York rank by assets among Form 5500 filers? ▼
Profit Sharing & 401(k) Plan of Safra National Bank of New York ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Profit Sharing & 401(k) Plan of Safra National Bank of New York? ▼
Among 401(k) plans in other states, the closest by assets is Ag Partners Coop 401(k) Retirement Plan in MN ($76M, 559 participants).
Which 401(k) plans cover a similar participant headcount to Profit Sharing & 401(k) Plan of Safra National Bank of New York? ▼
Among 401(k) plans in other states, the closest by covered participants is Kemberton Healthcare Services 401(k) Plan in TN (308 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 133379508.

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.