401(k) · DOL Form 5500 · 2024

Community Financial System, Inc 401(k) Plan

Data updated 2026-08-25

$474M
Total assets Above avg plan size
2,675
Participants Above avg headcount
97th
Percentile by assets National rank
$177,275
Avg per participant Above avg balance/head
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Official DOL plan name: Community Financial System, Inc 401(k) Employee Stock Ownership Plan · Sponsored by Community Financial System, Inc · New York · Finance & Insurance

$474M in assets, 2,675 participants

Community Financial System, Inc's Community Financial System, Inc 401(k) Employee Stock Ownership Plan reported $474M in total assets and 2,675 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,106 in Finance & Insurance (8,549 peers)

Coverage in New York

Community Financial System, Inc 401(k) Employee Stock Ownership Plan covers 2,675 participants in New York, 3.4x the typical New York plan (state average ~798 per filing). Assets: $474M.

#8,106
in Finance & Insurance (8,549 peers)
+14.1%
assets growth YoY
4.8×
vs typical plan assets (national mean)

Community Financial System, Inc 401(k) Employee Stock Ownership Plan's outsized position by total assets

Community Financial System, Inc 401(k) Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$474,210,083 Top 3% higher than 97% of 123,620 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 2024

Community Financial System, Inc 401(k) Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Community Financial System, Inc 401(k) Employee Stock Ownership Plan lands in the large band (2,675 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Community Financial System, Inc 401(k) Employee Stock Ownership Plan reported net income rose from $36M in the plan year 2023 filing to $59M in the plan year 2024 filing.
  • Community Financial System, Inc 401(k) Employee Stock Ownership Plan end-of-year assets rose from $416M in the plan year 2023 filing to $474M in the plan year 2024 filing.
  • Community Financial System, Inc 401(k) Employee Stock Ownership Plan reported participants fell from 2,752 in the plan year 2023 filing to 2,675 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 161213679 · Community Financial System, Inc PY 2024 · 401(k)

Community Financial System, Inc 401(k) Employee Stock Ownership Plan · $474M · 2,675 · 97th

  • TYPE $474M
  • NET 2,675
  • BOOK 97th
  • VS-ST 401(k)
  • BOY near Absopure Water Company, Et Al. 401(k) Profit Sharing Plan
  • SCH ind #8106

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 →

Community Financial System, Inc 401(k) Employee Stock Ownership Plan in the asset neighbourhood

Dominion Energy Virginia 401(k) Plan for Union-Represented EmployeesDominion Energy Virginia 401…$474MJones Walker LLP Profit Sharing Retirement PlanJones Walker LLP Profit Shar…$474MAbsopure Water Company, Et Al. 401(k) Profit Sharing PlanAbsopure Water Company, Et A…$474MCommunity Financial System, Inc 401(k) Employee Stock Ownership PlanCommunity Financial System, …$474MOrange Group 401(k) Plan$474M
End-of-year total assets ($M) among Community Financial System, Inc 401(k) Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$416M
Net Assets (End of Year)$474M
Net Income$59M
Employer EIN161213679
Plan Effective Date1978-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Community Financial System, Inc)

Sponsor-wide plan assets over time

All Community Financial System, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$747M 19.79070509164679% vs 2022
2024 filing year
$600M$650M$700M$750M$800M 202220232024 $624M $747M ▲ +19.8%
Year Plans Participants Total Assets
2022 2 5,177 $624M
2023 2 5,228 $683M
2024 2 5,097 $747M

Nearby 401(k) Plans in New York

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

Community Financial System, Inc 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Community Financial System, Inc 401(k) Employee Stock Ownership Plan, Total assets ($B): 0.474210083 · Participants: 2675Community Financial System, Inc 401(k) Employee Stock Ownership PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Community Financial System, Inc 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in New York, assets vs. participants

Community Financial System, Inc 401(k) Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Absopure Water Company, Et Al. 401(k) Profit Sharing Plan in MI ($474M); by covered participants it is College Health Enterprises 401(k) Savings Plan in CA (2,675 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,675 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Community Financial System, Inc 401(k) Employee Stock Ownership Plan assets move in 2024?
Community Financial System, Inc 401(k) Employee Stock Ownership Plan grew at a solid clip - up 14.1% during 2024, from $416M to $474M. Reported net income was $59M.
How have Community Financial System, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Community Financial System, Inc's sponsor-wide assets grew 19.8%, from $624M to $747M.
Where does Community Financial System, Inc 401(k) Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Community Financial System, Inc 401(k) Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Community Financial System, Inc 401(k) Employee Stock Ownership Plan?
Among 401(k) plans in other states, the closest by assets is Absopure Water Company, Et Al. 401(k) Profit Sharing Plan in MI ($474M, 4,327 participants).
Which 401(k) plans cover a similar participant headcount to Community Financial System, Inc 401(k) Employee Stock Ownership Plan?
Among 401(k) plans in other states, the closest by covered participants is College Health Enterprises 401(k) Savings Plan in CA (2,675 participants, $97M in assets).