401(k) · DOL Form 5500 · 2023

Lake Shore Savings Bank 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
109
Participants Small participant base
69th
Percentile by assets National rank
$153,871
Avg per participant Above avg balance/head
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Official DOL plan name: Lake Shore Savings Bank 401(k) Savings Plan · Sponsored by Lake Shore Savings Bank · New York · Finance & Insurance

$17M in assets, 109 participants

Lake Shore Savings Bank's Lake Shore Savings Bank 401(k) Savings Plan reported $17M in total assets and 109 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,880 in Finance & Insurance (8,869 peers)

Coverage in New York

Lake Shore Savings Bank 401(k) Savings Plan covers 109 participants in New York, about 14% of the average New York filer (state average ~798 per filing). Assets: $17M.

#4,880
in Finance & Insurance (8,869 peers)
+10.2%
assets growth YoY

Lake Shore Savings Bank 401(k) Savings Plan's outsized position by total assets

Lake Shore Savings Bank 401(k) Savings Plan vs every filed plan by assets

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

$16,771,909 Top 31% higher than 69% 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

Lake Shore Savings Bank 401(k) Savings 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. Lake Shore Savings Bank 401(k) Savings Plan sits mid-pack in the medium band (109 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lake Shore Savings Bank 401(k) Savings Plan reported net income rose from -$6M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Lake Shore Savings Bank 401(k) Savings Plan end-of-year assets rose from $15M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Lake Shore Savings Bank 401(k) Savings Plan reported participants rose from 102 in the plan year 2022 filing to 109 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 160516470 · Lake Shore Savings Bank PY 2023 · 401(k)

Lake Shore Savings Bank 401(k) Savings Plan · $17M · 109 · 69th

  • TYPE $17M
  • NET 109
  • BOOK 69th
  • VS-ST 401(k)
  • BOY near Corium Innovations, Inc. 401(k) Plan
  • SCH ind #4880

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 →

Lake Shore Savings Bank 401(k) Savings Plan in the asset neighbourhood

Lake Shore Savings Bank 401(k) Savings PlanLake Shore Savings Bank 401(…$17MCorium Innovations, Inc. 401(k) PlanCorium Innovations, Inc. 401…$17MSunrise Ford 401(k) Plan$17MAndgar Retirement Fund$17MAllied Universal Cbu 401(k) PlanAllied Universal Cbu 401(k) …$17M
End-of-year total assets ($M) among Lake Shore Savings Bank 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN160516470
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Shore Savings Bank)

Sponsor-wide plan assets over time

All Lake Shore Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$17M 8.943524087526185% vs 2022
2024 filing year
$15M$15.5M$16M$16.5M$17M 202220232024 $15.2M $16.6M ▲ +9.0%
Year Plans Participants Total Assets
2022 1 102 $15M
2023 1 109 $17M
2024 1 109 $17M

Nearby 401(k) Plans in New York

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

Lake Shore Savings Bank 401(k) Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Lake Shore Savings Bank 401(k) Savings Plan, Total assets ($B): 0.016771909 · Participants: 109Lake Shore Savings Bank 401(k) Savings 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
Lake Shore Savings Bank 401(k) Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Lake Shore Savings Bank 401(k) Savings Plan side-by-side with 3 peers →

Lake Shore Savings Bank 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Corium Innovations, Inc. 401(k) Plan in MI ($17M); by covered participants it is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (109 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 Lake Shore Savings Bank 401(k) Savings Plan assets move in 2023? ▼
Lake Shore Savings Bank 401(k) Savings Plan grew at a solid clip - up 10.2% during 2023, from $15M to $17M. Reported net income was $2M.
How have Lake Shore Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Shore Savings Bank's sponsor-wide assets grew 8.9%, from $15M to $17M.
Which 401(k) plans are similar in size to Lake Shore Savings Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Corium Innovations, Inc. 401(k) Plan in MI ($17M, 191 participants).
Which 401(k) plans cover a similar participant headcount to Lake Shore Savings Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants, $7M 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 160516470.

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.