401(k) · DOL Form 5500 · 2023

Promesa, Inc. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
372
Participants Below avg headcount
73rd
Percentile by assets National rank
$55,596
Avg per participant Low balance/head
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Official DOL plan name: Promesa Management Plan · Sponsored by Promesa, Inc. · New York · Healthcare & Social Assistance

$21M in assets, 372 participants

Promesa, Inc.'s Promesa Management Plan reported $21M in total assets and 372 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #13,708 in Healthcare & Social Assistance (17,684 peers)

Coverage in New York

Promesa Management Plan covers 372 participants in New York, about 47% of the average New York filer (state average ~798 per filing). Assets: $21M.

#13,708
in Healthcare & Social Assistance (17,684 peers)
+21.3%
assets growth YoY

Promesa Management Plan's outsized position by total assets

Promesa Management Plan vs every filed plan by assets

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

$20,681,633 Top 27% higher than 73% 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

Promesa Management 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. Promesa Management Plan sits mid-pack in the medium band (372 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Promesa Management Plan reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Promesa Management Plan end-of-year assets rose from $17M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Promesa Management Plan reported participants rose from 341 in the plan year 2022 filing to 372 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 132663328 · Promesa, Inc. PY 2023 · 401(k)

Promesa Management Plan · $21M · 372 · 73rd

  • PART $21M
  • PART 372
  • PART 73rd
  • PART 401(k)
  • PART near Farm Bureau Mutual Insurance Company of Idaho Voluntary Employee Savings Plan
  • PART ind #13708

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 Healthcare & Social Assistance retirement plans → · Plans in New York →

Promesa Management Plan in the asset neighbourhood

Promesa Management Plan$21MFarm Bureau Mutual Insurance Company of Idaho Voluntary Employee Savings PlanFarm Bureau Mutual Insurance…$21MCapital Advisors Inc 401(k) Plan Employee Stock Ownership PlanCapital Advisors Inc 401(k) …$21MChemglass 401(k) Savings & Investment PlanChemglass 401(k) Savings & I…$21MKodiak Area Native Association 401(k) Profit Sharing PlanKodiak Area Native Associati…$21M
End-of-year total assets ($M) among Promesa Management Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$21M
Net Income$4M
Employer EIN132663328
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Promesa, Inc.)

Sponsor-wide plan assets over time

All Promesa, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$46M 27.619289743904098% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $36.2M $46.2M ▲ +27.6%
Year Plans Participants Total Assets
2022 2 763 $36M
2023 2 801 $43M
2024 2 887 $46M

Nearby 401(k) Plans in New York

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

Promesa Management Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Promesa Management Plan, Total assets ($B): 0.020681633 · Participants: 372Promesa Management 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
Promesa Management Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Promesa Management Plan side-by-side with 3 peers →

Promesa Management Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Farm Bureau Mutual Insurance Company of Idaho Voluntary Employee Savings Plan in ID ($21M); by covered participants it is Brockway-Smith Company Savings & Investment Pl Tr in MA (372 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (372 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 Promesa Management Plan assets move in 2023? ▼
Promesa Management Plan grew sharply - up 21.3% during 2023, from $17M to $21M. Reported net income was $4M.
How have Promesa, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Promesa, Inc.'s sponsor-wide assets grew 27.6%, from $36M to $46M.
Which 401(k) plans are similar in size to Promesa Management Plan? ▼
Among 401(k) plans in other states, the closest by assets is Farm Bureau Mutual Insurance Company of Idaho Voluntary Employee Savings Plan in ID ($21M, 297 participants).
Which 401(k) plans cover a similar participant headcount to Promesa Management Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brockway-Smith Company Savings & Investment Pl Tr in MA (372 participants, $11M 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 132663328.

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.