401(k) · DOL Form 5500 · 2023

Excellus Health Plan Inc. 401(k) Plan

Data updated 2026-08-06

$751M
Total assets
4,279
Participants
98th
Percentile by assets
$175,573
Avg per participant
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Official DOL plan name: Excellus 401(k) Plan · Sponsored by Excellus Health Plan Inc. · New York · Finance & Insurance

$751M in assets, 4,279 participants

Excellus Health Plan Inc.'s Excellus 401(k) Plan reported $751M in total assets and 4,279 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 126,618 plans)
  • #8,560 in Finance & Insurance (8,852 peers)

Coverage in New York

Excellus 401(k) Plan covers 4,279 participants in New York, 5.4x the typical New York plan (state average ~795 per filing). Assets: $751M.

$751M
total plan assets (2023 EOY)
4,279
covered participants
98th
percentile by assets (of 126,618 plans)
$175,573
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Excellus 401(k) Plan reported net income rose from -$130M in the plan year 2022 filing to $133M in the plan year 2023 filing.
  • Excellus 401(k) Plan end-of-year assets rose from $619M in the plan year 2022 filing to $751M in the plan year 2023 filing.
  • Excellus 401(k) Plan reported participants rose from 4,068 in the plan year 2022 filing to 4,279 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Excellus 401(k) Plan reports 4,279 participants - 5.4x that state average ($751M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$619M
Net Assets (End of Year)$751M
Net Income$133M
Employer EIN150329043
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Excellus Health Plan Inc.)

$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.4B $1.62B ▲ +15.7%
Total plan assets by year, all Excellus Health Plan Inc. plans on file
Year Plans Participants Total Assets
2022 3 6,385 $1.4B
2023 3 6,417 $1.5B
2024 3 6,533 $1.6B

Nearby 401(k) Plans in New York

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

Excellus 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Excellus 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 Excellus 401(k) PlanIBM 401 (K) Plus PlanPfizer Savings PlanMorgan Stanley 401(k…The Pepsico Savings …The Goldman Sachs 40…
Excellus 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Excellus 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Excellus 401(k) Plan assets move in 2023?
Excellus 401(k) Plan grew sharply - up 21.4% during 2023, from $619M to $751M. Reported net income was $133M.
How have Excellus Health Plan Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Excellus Health Plan Inc.'s sponsor-wide assets grew 15.5%, from $1.4B to $1.6B.
Where does Excellus 401(k) Plan rank by assets among Form 5500 filers?
Excellus 401(k) Plan ranks in the 98th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Excellus 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Investment & Employee Stock Ownership Plan of Avista in WA ($751M, 1,885 participants).

Filing takeaways

Ways to act on Excellus 401(k) Plan's numbers.