Defined Benefit (Pension) · DOL Form 5500 · 2023
Albany Med Health System Pension Plan
Data updated 2026-08-25
- $287M
- Total assets Near avg plan size
- 7,791
- Participants Very large workforce
- 96th
- Percentile by assets National rank
- $36,855
- Avg per participant Low balance/head
Official DOL plan name: The Albany Medical Center Retirement Plan · Sponsored by Albany Med Health System · New York · Healthcare & Social Assistance
$287M in assets, 7,791 participants
Albany Med Health System's The Albany Medical Center Retirement Plan reported $287M in total assets and 7,791 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- #17,048 in Healthcare & Social Assistance (17,684 peers)
Coverage in New York
The Albany Medical Center Retirement Plan covers 7,791 participants in New York, 9.8x the typical New York plan (state average ~798 per filing). Assets: $287M.
- #17,048
- in Healthcare & Social Assistance (17,684 peers)
- -6.7%
- assets change YoY
- 2.9×
- vs typical plan assets (national mean)
The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Albany Medical Center Retirement Plan's outsized position by total assets
The Albany Medical Center Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$287,137,562 Top 4% higher than 96% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Albany Medical Center Retirement Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Albany Medical Center Retirement Plan lands in the large band (7,791 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Albany Medical Center Retirement Plan reported net income rose from -$101M in the plan year 2022 filing to -$21M in the plan year 2023 filing.
- The Albany Medical Center Retirement Plan end-of-year assets fell from $308M in the plan year 2022 filing to $287M in the plan year 2023 filing.
- The Albany Medical Center Retirement Plan reported participants rose from 7,778 in the plan year 2022 filing to 7,791 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 141641730 · Albany Med Health System PY 2023 · Defined Benefit (Pension)
The Albany Medical Center Retirement Plan · $287M · 7,791 · 96th
- EBSA $287M
- PART 7,791
- TYPE 96th
- NET Defined Benefit (Pension)
- BOOK near Compensation at Retirement Plan
- VS-ST ind #17048
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 →
The Albany Medical Center Retirement Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $308M |
|---|---|
| Net Assets (End of Year) | $287M |
| Net Income | -$21M |
| Employer EIN | 141641730 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Albany Med Health System)
Sponsor-wide plan assets over time
All Albany Med Health System plans reported in each filing year
- Latest sponsor-wide plan assets
- $889M 19.972808407553096% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 16,945 | $741M |
| 2023 | 2 | 17,126 | $813M |
| 2024 | 2 | 17,750 | $889M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $25.0B · 14,881
- Consolidated Edison Retirement Plan $16.2B · 10,779
- 1199seiu Health Care Employees Pension Fund $16.2B · 107,582
- Pfizer Consolidated Pension Plan $11.0B · 9,616
- Pepsico Employees Retirement Plan I $7.6B · 12,289
Scale composition for The Albany Medical Center Retirement Plan
The Albany Medical Center Retirement Plan reports $287M in end-of-year assets across 7,791 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $36,855 per participant (27% of the national average assets-per-participant) . Net income for plan year 2023 was -$21M.
This plan identity (EIN 141641730, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $308M to $290M (-5.8%) while covered participants moved from 7,778 to 7,988 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,778 | $308M | Open filing |
| 2023 | 7,791 | $287M | This page |
| 2024 · index core | 7,988 | $290M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Albany Medical Center 403(b) Plan (401(k), $599M, 9,762 participants)
- The Albany Medical Center Retirement Plan (Defined Benefit (Pension), $290M, 7,988 participants)
The Albany Medical Center Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Compensation at Retirement Plan in IL ($287M); by covered participants it is Adm Retirement Plan in IL (7,840 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($287M here).
- Compensation at Retirement Plan (IL) $287M · 2,857
- Trustees of Jacksonville Plumbers and Pipefitters (TN) $288M · 938
- Fresenius Medical Care North America Retirement Plan (MA) $286M · 4,293
- Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Kansas, Inc. (KS) $288M · 502
Similar participant headcount
Nearest other-state filings by covered participants (7,791 participants); asset peers above are excluded.
- Adm Retirement Plan (IL) 7,840 · 49 off
- Rpm International Inc. Retirement Plan (OH) 7,736 · 55 off
- William Beaumont Hospital Employees' Retirement Plan (MI) 7,852 · 61 off
- Medtronic Retirement Plan for Certain Participants and Beneficiaries (MN) 7,871 · 80 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.