401(k) · DOL Form 5500 · 2024

Financial Institutions, Inc. 401(k) Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
614
Participants Below avg headcount
88th
Percentile by assets National rank
$115,563
Avg per participant Below avg balance/head
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Official DOL plan name: Financial Institutions, Inc. 401(k) Plan · Sponsored by Financial Institutions, Inc. · New York · Finance & Insurance

$71M in assets, 614 participants

Financial Institutions, Inc.'s Financial Institutions, Inc. 401(k) Plan reported $71M in total assets and 614 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #6,915 in Finance & Insurance (8,549 peers)

Where Financial Institutions, Inc. 401(k) Plan sits by assets

Financial Institutions, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $71M for 614 participants (~$115,563/participant), up 12.0% in 2024.

#6,915
in Finance & Insurance (8,549 peers)
+12.0%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Financial Institutions, Inc. 401(k) Plan's outsized position by total assets

Financial Institutions, Inc. 401(k) Plan vs every filed plan by assets

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

$70,955,553 Top 12% higher than 88% 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

Financial Institutions, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Financial Institutions, Inc. 401(k) Plan sits mid-pack in the medium band (614 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Financial Institutions, Inc. 401(k) Plan end-of-year assets rose from $63M in the plan year 2023 filing to $71M in the plan year 2024 filing.
  • Financial Institutions, Inc. 401(k) Plan reported net income rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Financial Institutions, Inc. 401(k) Plan reported participants fell from 650 in the plan year 2023 filing to 614 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 160816610 · Financial Institutions, Inc. PY 2024 · 401(k)

Financial Institutions, Inc. 401(k) Plan · $71M · 614 · 88th

  • PCT $71M
  • PCT 614
  • PCT 88th
  • PCT 401(k)
  • PCT near Hom Furniture, Inc. Profit Sharing/ 401(k) Plan
  • PCT ind #6915

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 →

Financial Institutions, Inc. 401(k) Plan in the asset neighbourhood

Financial Institutions, Inc. 401(k) PlanFinancial Institutions, Inc.…$71MHom Furniture, Inc. Profit Sharing/ 401(k) PlanHom Furniture, Inc. Profit S…$71MBlend Labs, Inc. 401(k) Plan$71MThe Pga of America 401(k) Retirement PlanThe Pga of America 401(k) Re…$71MTexas Iron Workers' Defined Contribution Retirement PlanTexas Iron Workers' Defined …$71M
End-of-year total assets ($M) among Financial Institutions, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$71M
Net Income$8M
Employer EIN160816610
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Financial Institutions, Inc.)

Sponsor-wide plan assets over time

All Financial Institutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$139M 12.816650857720715% vs 2022
2024 filing year
$120M$125M$130M$135M$140M$145M 202220232024 $123M $139M ▲ +12.8%
Year Plans Participants Total Assets
2022 2 1,279 $123M
2023 2 1,309 $135M
2024 2 1,211 $139M

Nearby 401(k) Plans in New York

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

Financial Institutions, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Financial Institutions, Inc. 401(k) Plan, Total assets ($B): 0.070955553 · Participants: 614Financial Institutions, Inc. 401(k) 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
Financial Institutions, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Financial Institutions, Inc. 401(k) Plan side-by-side with 3 peers →

Financial Institutions, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Hom Furniture, Inc. Profit Sharing/ 401(k) Plan in MN ($71M); by covered participants it is Inalfa Roof Systems, Inc. Union 401(k) Plan in MI (614 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (614 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 Financial Institutions, Inc. 401(k) Plan assets move in 2024? ▼
Financial Institutions, Inc. 401(k) Plan grew at a solid clip - up 12.0% during 2024, from $63M to $71M. Reported net income was $8M.
How have Financial Institutions, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Financial Institutions, Inc.'s sponsor-wide assets grew 12.8%, from $123M to $139M.
Where does Financial Institutions, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Financial Institutions, Inc. 401(k) Plan ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Financial Institutions, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hom Furniture, Inc. Profit Sharing/ 401(k) Plan in MN ($71M, 674 participants).
Which 401(k) plans cover a similar participant headcount to Financial Institutions, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Inalfa Roof Systems, Inc. Union 401(k) Plan in MI (614 participants, $14M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 160816610.

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.