Profit Sharing · DOL Form 5500 · 2023

Services for the Underserved Profit Sharing Plan

Data updated 2026-08-11

$26M
Total assets
1,684
Participants
77th
Percentile by assets
$15,453
Avg per participant
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Official DOL plan name: Services for the Underserved 403(b) Plan · Sponsored by Services for the Underserved · New York · Healthcare & Social Assistance

$26M in assets, 1,684 participants

Services for the Underserved's Services for the Underserved 403(b) Plan reported $26M in total assets and 1,684 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • 77th percentile by assets (of 127,072 plans)
  • #14,261 in Healthcare & Social Assistance (17,684 peers)

Coverage in New York

Services for the Underserved 403(b) Plan covers 1,684 participants in New York, 2.1x the typical New York plan (state average ~798 per filing). Assets: $26M.

$26M
total plan assets (2023 EOY)
1,684
covered participants
77th
percentile by assets (of 127,072 plans)
$15,453
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Services for the Underserved 403(b) Plan reported net income rose from -$418K in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Services for the Underserved 403(b) Plan end-of-year assets rose from $20M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Services for the Underserved 403(b) Plan reported participants rose from 1,586 in the plan year 2022 filing to 1,684 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Services for the Underserved 403(b) Plan reports 1,684 participants - 2.1x that state average ($26M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$26M
Net Income$6M
Employer EIN911918247
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Services for the Underserved)

$15M$20M$25M$30M$35M 202220232024 $19.6M $32.4M ▲ +65.0%
Total plan assets by year, all Services for the Underserved plans on file
Year Plans Participants Total Assets
2022 1 1,586 $20M
2023 1 1,684 $26M
2024 1 1,715 $32M

Nearby Profit Sharing Plans in New York

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

Services for the Underserved 403(b) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Services for the Underserved 403(b) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Services for the Und…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Services for the Underserved 403(b) 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 Services for the Underserved 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Services for the Underserved 403(b) Plan assets move in 2023?
Services for the Underserved 403(b) Plan surged - up 32.6% during 2023, from $20M to $26M. Reported net income was $6M.
How have Services for the Underserved plan assets changed over time?
Across 3 plan years on file (2022-2024), Services for the Underserved's sponsor-wide assets grew 65.0%, from $20M to $32M.
Where does Services for the Underserved 403(b) Plan rank by assets among Form 5500 filers?
Services for the Underserved 403(b) Plan ranks in the 77th 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 Profit Sharing plans are similar in size to Services for the Underserved 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is Southwestern College Employee Retirement Plan in KS ($26M, 266 participants).

Next read for Services for the Underserved 403(b) Plan

Filing takeaways

Ways to act on Services for the Underserved 403(b) Plan's numbers.