401(k) · DOL Form 5500 · 2023

Solvay Bank 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
155
Participants Small participant base
68th
Percentile by assets National rank
$98,701
Avg per participant Below avg balance/head
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Official DOL plan name: Solvay Bank Employees Savings and Protection Plan · Sponsored by Solvay Bank · New York · Finance & Insurance

$15M in assets, 155 participants

Solvay Bank's Solvay Bank Employees Savings and Protection Plan reported $15M in total assets and 155 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,681 in Finance & Insurance (8,869 peers)

Coverage in New York

Solvay Bank Employees Savings and Protection Plan covers 155 participants in New York, about 19% of the average New York filer (state average ~798 per filing). Assets: $15M.

#4,681
in Finance & Insurance (8,869 peers)
+17.5%
assets growth YoY

Solvay Bank Employees Savings and Protection Plan's outsized position by total assets

Solvay Bank Employees Savings and Protection Plan vs every filed plan by assets

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

$15,298,590 Top 32% higher than 68% 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

Solvay Bank Employees Savings and Protection Plan 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. Solvay Bank Employees Savings and Protection Plan sits mid-pack in the medium band (155 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Solvay Bank Employees Savings and Protection Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Solvay Bank Employees Savings and Protection Plan end-of-year assets rose from $13M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Solvay Bank Employees Savings and Protection Plan reported participants rose from 140 in the plan year 2022 filing to 155 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 150454140 · Solvay Bank PY 2023 · 401(k)

Solvay Bank Employees Savings and Protection Plan · $15M · 155 · 68th

  • BOY $15M
  • SCH 155
  • EBSA 68th
  • PART 401(k)
  • TYPE near Corneagen Retirement Plan
  • NET ind #4681

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 →

Solvay Bank Employees Savings and Protection Plan in the asset neighbourhood

Solvay Bank Employees Savings and Protection PlanSolvay Bank Employees Saving…$15MCorneagen Retirement Plan$15MKt Company, LLC 401(k) Plan$15MNpt 401(k) Plan$15MHci Systems, Inc. 401(k) Profit Sharing PlanHci Systems, Inc. 401(k) Pro…$15M
End-of-year total assets ($M) among Solvay Bank Employees Savings and Protection Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN150454140
Plan Effective Date1987-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Solvay Bank)

Sponsor-wide plan assets over time

All Solvay Bank plans reported in each filing year

Latest sponsor-wide plan assets
$28M 26.002028793116942% vs 2022
2024 filing year
$20M$22M$24M$26M$28M$30M 202220232024 $22.1M $27.9M ▲ +26.0%
Year Plans Participants Total Assets
2022 2 190 $22M
2023 2 203 $25M
2024 2 191 $28M

Nearby 401(k) Plans in New York

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

Solvay Bank Employees Savings and Protection Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Solvay Bank Employees Savings and Protection Plan, Total assets ($B): 0.01529859 · Participants: 155Solvay Bank Employees Savings and Protection PlanIBM 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
Solvay Bank Employees Savings and Protection Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Solvay Bank Employees Savings and Protection Plan side-by-side with 3 peers →

Solvay Bank Employees Savings and Protection Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Corneagen Retirement Plan in WA ($15M); by covered participants it is Fraser Business Equipment Salary Deferral Plan in PA (155 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (155 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 Solvay Bank Employees Savings and Protection Plan assets move in 2023? ▼
Solvay Bank Employees Savings and Protection Plan grew sharply - up 17.5% during 2023, from $13M to $15M. Reported net income was $2M.
How have Solvay Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Solvay Bank's sponsor-wide assets grew 26.0%, from $22M to $28M.
Which 401(k) plans are similar in size to Solvay Bank Employees Savings and Protection Plan? ▼
Among 401(k) plans in other states, the closest by assets is Corneagen Retirement Plan in WA ($15M, 247 participants).
Which 401(k) plans cover a similar participant headcount to Solvay Bank Employees Savings and Protection Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fraser Business Equipment Salary Deferral Plan in PA (155 participants, $14M 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 150454140.

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.