Defined Benefit (Pension) · DOL Form 5500 · 2023

Olean General Hospital Pension Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
275
Participants Below avg headcount
72nd
Percentile by assets National rank
$69,562
Avg per participant Below avg balance/head
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Official DOL plan name: Pension Program for Employees of Olean General Hospital · Sponsored by Olean General Hospital · New York · Healthcare & Social Assistance

$19M in assets, 275 participants

Olean General Hospital's Pension Program for Employees of Olean General Hospital reported $19M in total assets and 275 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #13,503 in Healthcare & Social Assistance (17,684 peers)

Coverage in New York

Pension Program for Employees of Olean General Hospital covers 275 participants in New York, about 34% of the average New York filer (state average ~798 per filing). Assets: $19M.

#13,503
in Healthcare & Social Assistance (17,684 peers)
-3.4%
assets change YoY

The plan reported a net loss of $664K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Program for Employees of Olean General Hospital's outsized position by total assets

Pension Program for Employees of Olean General Hospital vs every filed plan by assets

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

$19,129,446 Top 28% higher than 72% 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

Pension Program for Employees of Olean General Hospital 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. Pension Program for Employees of Olean General Hospital sits mid-pack in the medium band (275 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Program for Employees of Olean General Hospital reported net income rose from -$5M in the plan year 2022 filing to -$664K in the plan year 2023 filing.
  • Pension Program for Employees of Olean General Hospital reported participants fell from 302 in the plan year 2022 filing to 275 in the plan year 2023 filing.
  • Pension Program for Employees of Olean General Hospital end-of-year assets fell from $20M in the plan year 2022 filing to $19M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 160743102 · Olean General Hospital PY 2023 · Defined Benefit (Pension)

Pension Program for Employees of Olean General Hospital · $19M · 275 · 72nd

  • BOOK $19M
  • BOOK 275
  • BOOK 72nd
  • BOOK Defined Benefit (Pension)
  • BOOK near Yorozu Automotive Tennessee, Inc. Defined Benefit Plan
  • BOOK ind #13503

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 →

Pension Program for Employees of Olean General Hospital in the asset neighbourhood

Sign, Pictorial and Display Union Local No. 591 AFL-CIO Pension FundSign, Pictorial and Display …$19MMosaic Combined U.S. Defined Benefit Pension PlanMosaic Combined U.S. Defined…$19MPension Program for Employees of Olean General HospitalPension Program for Employee…$19MYorozu Automotive Tennessee, Inc. Defined Benefit PlanYorozu Automotive Tennessee,…$19MMutual of Enumclaw Insurance Company Retirement PlanMutual of Enumclaw Insurance…$19M
End-of-year total assets ($M) among Pension Program for Employees of Olean General Hospital and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$19M
Net Income-$664K
Employer EIN160743102
Plan Effective Date1963-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Olean General Hospital)

Sponsor-wide plan assets over time

All Olean General Hospital plans reported in each filing year

Latest sponsor-wide plan assets
$126M 14.568944494940435% vs 2022
2024 filing year
$105M$110M$115M$120M$125M$130M 202220232024 $110M $126M ▲ +14.6%
Year Plans Participants Total Assets
2022 3 1,701 $110M
2023 3 1,700 $119M
2024 3 1,669 $126M

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Program for Employees of Olean General Hospital vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Pension Program for Employees of Olean General Hospital, Total assets ($B): 0.019129446 · Participants: 275Pension Program for Employees of Olean General HospitalIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Pension Program for Employees of Olean General Hospital vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Pension Program for Employees of Olean General Hospital side-by-side with 3 peers →

Pension Program for Employees of Olean General Hospital's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Yorozu Automotive Tennessee, Inc. Defined Benefit Plan in TN ($19M); by covered participants it is Stamford Health System Retirement Income Plan in CT (275 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (275 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 Pension Program for Employees of Olean General Hospital assets move in 2023? ▼
Pension Program for Employees of Olean General Hospital edged down modestly - down 3.4% during 2023, from $20M to $19M. Reported net income was -$664K.
How have Olean General Hospital plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Olean General Hospital's sponsor-wide assets grew 14.6%, from $110M to $126M.
Which Defined Benefit (Pension) plans are similar in size to Pension Program for Employees of Olean General Hospital? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Yorozu Automotive Tennessee, Inc. Defined Benefit Plan in TN ($19M, 131 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Program for Employees of Olean General Hospital? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Stamford Health System Retirement Income Plan in CT (275 participants, $504K 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 160743102.

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.