401(k) · DOL Form 5500 · 2024

Safra National Bank of New York 401(k) Plan

Data updated 2026-08-25

$92M
Total assets Below avg plan size
357
Participants Below avg headcount
90th
Percentile by assets National rank
$257,456
Avg per participant Above avg balance/head
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Official DOL plan name: Profit Sharing & 401(k) Plan of Safra National Bank of New York · Sponsored by Safra National Bank of New York · New York · Finance & Insurance

$92M in assets, 357 participants

Safra National Bank of New York's Profit Sharing & 401(k) Plan of Safra National Bank of New York reported $92M in total assets and 357 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,199 in Finance & Insurance (8,549 peers)

Coverage in New York

Profit Sharing & 401(k) Plan of Safra National Bank of New York covers 357 participants in New York, about 45% of the average New York filer (state average ~798 per filing). Assets: $92M.

#7,199
in Finance & Insurance (8,549 peers)
+21.2%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Profit Sharing & 401(k) Plan of Safra National Bank of New York's outsized position by total assets

Profit Sharing & 401(k) Plan of Safra National Bank of New York vs every filed plan by assets

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

$91,911,686 Top 10% higher than 90% 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

Profit Sharing & 401(k) Plan of Safra National Bank of New York 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. Profit Sharing & 401(k) Plan of Safra National Bank of New York sits mid-pack in the medium band (357 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Profit Sharing & 401(k) Plan of Safra National Bank of New York end-of-year assets rose from $76M in the plan year 2023 filing to $92M in the plan year 2024 filing.
  • Profit Sharing & 401(k) Plan of Safra National Bank of New York reported participants rose from 308 in the plan year 2023 filing to 357 in the plan year 2024 filing.
  • Profit Sharing & 401(k) Plan of Safra National Bank of New York reported net income fell from $17M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 133379508 · Safra National Bank of New York PY 2024 · 401(k)

Profit Sharing & 401(k) Plan of Safra National Bank of New York · $92M · 357 · 90th

  • TYPE $92M
  • TYPE 357
  • TYPE 90th
  • TYPE 401(k)
  • TYPE near The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan
  • TYPE ind #7199

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 →

Profit Sharing & 401(k) Plan of Safra National Bank of New York in the asset neighbourhood

Hilde Companies Profit Sharing and 401(k) Savings PlanHilde Companies Profit Shari…$92MProfit Sharing & 401(k) Plan of Safra National Bank of New YorkProfit Sharing & 401(k) Plan…$92MThe Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) PlanThe Savings Bank Mutual Life…$92MKestra Financial, Inc. 401(k) PlanKestra Financial, Inc. 401(k…$92MBrook & Whittle Limited Section 401(k) Profit Sharing PlanBrook & Whittle Limited Sect…$92M
End-of-year total assets ($M) among Profit Sharing & 401(k) Plan of Safra National Bank of New York and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$92M
Net Income$16M
Employer EIN133379508
Plan Effective Date1987-07-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Safra National Bank of New York)

Sponsor-wide plan assets over time

All Safra National Bank of New York plans reported in each filing year

Latest sponsor-wide plan assets
$92M 55.560944489964356% vs 2022
2024 filing year
$50M$60M$70M$80M$90M$100M 202220232024 $59.1M $91.9M ▲ +55.6%
Year Plans Participants Total Assets
2022 1 313 $59M
2023 1 308 $76M
2024 1 357 $92M

Nearby 401(k) Plans in New York

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

Profit Sharing & 401(k) Plan of Safra National Bank of New York vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Profit Sharing & 401(k) Plan of Safra National Bank of New York, Total assets ($B): 0.091911686 · Participants: 357Profit Sharing & 401(k) Plan of Safra National Bank of New YorkIBM 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
Profit Sharing & 401(k) Plan of Safra National Bank of New York vs. nearby 401(k) plans in New York, assets vs. participants
Compare Profit Sharing & 401(k) Plan of Safra National Bank of New York side-by-side with 3 peers →

Profit Sharing & 401(k) Plan of Safra National Bank of New York's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan in MA ($92M); by covered participants it is Fidelity Bank 401(k) Retirement Plan in LA (357 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (357 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 Profit Sharing & 401(k) Plan of Safra National Bank of New York assets move in 2024? ▼
Profit Sharing & 401(k) Plan of Safra National Bank of New York grew sharply - up 21.2% during 2024, from $76M to $92M. Reported net income was $16M.
How have Safra National Bank of New York plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Safra National Bank of New York's sponsor-wide assets grew 55.6%, from $59M to $92M.
Where does Profit Sharing & 401(k) Plan of Safra National Bank of New York rank by assets among Form 5500 filers? ▼
Profit Sharing & 401(k) Plan of Safra National Bank of New York ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Profit Sharing & 401(k) Plan of Safra National Bank of New York? ▼
Among 401(k) plans in other states, the closest by assets is The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan in MA ($92M, 186 participants).
Which 401(k) plans cover a similar participant headcount to Profit Sharing & 401(k) Plan of Safra National Bank of New York? ▼
Among 401(k) plans in other states, the closest by covered participants is Fidelity Bank 401(k) Retirement Plan in LA (357 participants, $33M 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 133379508.

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.