401(k) · DOL Form 5500 · 2023

Adirondack Bank 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
204
Participants Below avg headcount
65th
Percentile by assets National rank
$66,595
Avg per participant Below avg balance/head
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Official DOL plan name: Adirondack Bank 401(k) Plan · Sponsored by Adirondack Bank · New York · Finance & Insurance

$14M in assets, 204 participants

Adirondack Bank's Adirondack Bank 401(k) Plan reported $14M in total assets and 204 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #4,461 in Finance & Insurance (8,869 peers)

Coverage in New York

Adirondack Bank 401(k) Plan covers 204 participants in New York, about 26% of the average New York filer (state average ~798 per filing). Assets: $14M.

#4,461
in Finance & Insurance (8,869 peers)
+18.6%
assets growth YoY

Adirondack Bank 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Adirondack Bank 401(k) Plan vs every filed plan by assets

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

$13,585,459 Top 35% higher than 65% 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

Adirondack Bank 401(k) 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. Adirondack Bank 401(k) Plan sits mid-pack in the medium band (204 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Adirondack Bank 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Adirondack Bank 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Adirondack Bank 401(k) Plan reported participants rose from 192 in the plan year 2022 filing to 204 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 150438700 · Adirondack Bank PY 2023 · 401(k)

Adirondack Bank 401(k) Plan · $14M · 204 · 65th

  • RANK $14M
  • PHOTO 204
  • IND 65th
  • EOY 401(k)
  • 5500 near Madrigal Pharmaceuticals, Inc. 401(k) Plan
  • ASSETS ind #4461

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 →

Adirondack Bank 401(k) Plan in the asset neighbourhood

Adirondack Bank 401(k) Plan$14MMadrigal Pharmaceuticals, Inc. 401(k) PlanMadrigal Pharmaceuticals, In…$14MHarbor Industries, Inc. 401(k) PlanHarbor Industries, Inc. 401(…$14MMarukai Corporation 401(k) Profit Sharing PlanMarukai Corporation 401(k) P…$14MVenture General Contracting LLC 401(k) Retirement PlanVenture General Contracting …$14M
End-of-year total assets ($M) among Adirondack Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN150438700
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Adirondack Bank)

Sponsor-wide plan assets over time

All Adirondack Bank plans reported in each filing year

Latest sponsor-wide plan assets
$16M 39.875674822282825% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.5M $16M ▲ +39.9%
Year Plans Participants Total Assets
2022 1 192 $11M
2023 1 204 $14M
2024 1 207 $16M

Nearby 401(k) Plans in New York

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

Adirondack Bank 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Adirondack Bank 401(k) Plan, Total assets ($B): 0.013585459 · Participants: 204Adirondack Bank 401(k) 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
Adirondack Bank 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Adirondack Bank 401(k) Plan side-by-side with 3 peers →

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

Outside New York, the nearest 401(k) by assets is Madrigal Pharmaceuticals, Inc. 401(k) Plan in PA ($14M); by covered participants it is Bankprov 401(k) Plan in MA (204 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (204 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 Adirondack Bank 401(k) Plan assets move in 2023? ▼
Adirondack Bank 401(k) Plan grew sharply - up 18.6% during 2023, from $11M to $14M. Reported net income was $2M.
How have Adirondack Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Adirondack Bank's sponsor-wide assets grew 39.9%, from $11M to $16M.
Which 401(k) plans are similar in size to Adirondack Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Madrigal Pharmaceuticals, Inc. 401(k) Plan in PA ($14M, 81 participants).
Which 401(k) plans cover a similar participant headcount to Adirondack Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bankprov 401(k) Plan in MA (204 participants, $25M 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 150438700.

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.