401(k) · DOL Form 5500 · 2024

Genesee Regional Bank 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
152
Participants Small participant base
72nd
Percentile by assets National rank
$145,951
Avg per participant Above avg balance/head
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Official DOL plan name: Genesee Regional Bank 401(k) Plan and Trust · Sponsored by Genesee Regional Bank · New York · Finance & Insurance

$22M in assets, 152 participants

Genesee Regional Bank's Genesee Regional Bank 401(k) Plan and Trust reported $22M in total assets and 152 participants in its 2024 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.

  • #4,939 in Finance & Insurance (8,549 peers)

Coverage in New York

Genesee Regional Bank 401(k) Plan and Trust covers 152 participants in New York, about 19% of the average New York filer (state average ~798 per filing). Assets: $22M.

#4,939
in Finance & Insurance (8,549 peers)
+21.3%
assets growth YoY

Genesee Regional Bank 401(k) Plan and Trust's outsized position by total assets

Genesee Regional Bank 401(k) Plan and Trust vs every filed plan by assets

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

$22,184,520 Top 28% higher than 72% 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

Genesee Regional Bank 401(k) Plan and Trust 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. Genesee Regional Bank 401(k) Plan and Trust sits mid-pack in the medium band (152 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Genesee Regional Bank 401(k) Plan and Trust reported net income rose from $2M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Genesee Regional Bank 401(k) Plan and Trust end-of-year assets rose from $18M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Genesee Regional Bank 401(k) Plan and Trust reported participants fell from 162 in the plan year 2023 filing to 152 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 363351119 · Genesee Regional Bank PY 2024 · 401(k)

Genesee Regional Bank 401(k) Plan and Trust · $22M · 152 · 72nd

  • PCT $22M
  • EIN 152
  • RANK 72nd
  • PHOTO 401(k)
  • IND near Belmond USA Inc. 401(k) Plan
  • EOY ind #4939

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 →

Genesee Regional Bank 401(k) Plan and Trust in the asset neighbourhood

Aracor, Inc. 401(k) Plan$22MGenesee Regional Bank 401(k) Plan and TrustGenesee Regional Bank 401(k)…$22MBelmond USA Inc. 401(k) Plan$22MAptive Resources 401(k)$22MFurman Foods, Inc. 401(k) Profit Sharing PlanFurman Foods, Inc. 401(k) Pr…$22M
End-of-year total assets ($M) among Genesee Regional Bank 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$4M
Employer EIN363351119
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Genesee Regional Bank)

Sponsor-wide plan assets over time

All Genesee Regional Bank plans reported in each filing year

Latest sponsor-wide plan assets
$22M 35.64772870894504% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $16.4M $22.2M ▲ +35.7%
Year Plans Participants Total Assets
2022 1 153 $16M
2023 1 162 $18M
2024 1 152 $22M

Nearby 401(k) Plans in New York

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

Genesee Regional Bank 401(k) Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Genesee Regional Bank 401(k) Plan and Trust, Total assets ($B): 0.02218452 · Participants: 152Genesee Regional Bank 401(k) Plan and TrustIBM 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
Genesee Regional Bank 401(k) Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants

Genesee Regional Bank 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Belmond USA Inc. 401(k) Plan in SC ($22M); by covered participants it is Astadia Incorporated 401(k) Plan in MA (152 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (152 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 Genesee Regional Bank 401(k) Plan and Trust assets move in 2024?
Genesee Regional Bank 401(k) Plan and Trust grew sharply - up 21.3% during 2024, from $18M to $22M. Reported net income was $4M.
How have Genesee Regional Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Genesee Regional Bank's sponsor-wide assets grew 35.6%, from $16M to $22M.
Which 401(k) plans are similar in size to Genesee Regional Bank 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Belmond USA Inc. 401(k) Plan in SC ($22M, 269 participants).
Which 401(k) plans cover a similar participant headcount to Genesee Regional Bank 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Astadia Incorporated 401(k) Plan in MA (152 participants, N/A in assets).