Other · DOL Form 5500 · 2024

Garnet Health Medical Center Retirement Plan

Data updated 2026-08-11

$296M
Total assets
4,313
Participants
96th
Percentile by assets
$68,739
Avg per participant
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Official DOL plan name: Garnet Health Medical Center 403(b) Retirement Savings Plan · Sponsored by Garnet Health Medical Center · New York · Healthcare & Social Assistance

$296M in assets, 4,313 participants

Garnet Health Medical Center's Garnet Health Medical Center 403(b) Retirement Savings Plan reported $296M in total assets and 4,313 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #16,238 in Healthcare & Social Assistance (16,916 peers)

Coverage in New York

Garnet Health Medical Center 403(b) Retirement Savings Plan covers 4,313 participants in New York, 5.4x the typical New York plan (state average ~798 per filing). Assets: $296M.

$296M
total plan assets (2024 EOY)
4,313
covered participants
96th
percentile by assets (of 123,622 plans)
$68,739
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Garnet Health Medical Center 403(b) Retirement Savings Plan reported net income fell from $26M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Garnet Health Medical Center 403(b) Retirement Savings Plan end-of-year assets rose from $273M in the plan year 2023 filing to $296M in the plan year 2024 filing.
  • Garnet Health Medical Center 403(b) Retirement Savings Plan reported participants rose from 4,189 in the plan year 2023 filing to 4,313 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Garnet Health Medical Center 403(b) Retirement Savings Plan reports 4,313 participants - 5.4x that state average ($296M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$273M
Net Assets (End of Year)$296M
Net Income$23M
Employer EIN141364536
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Garnet Health Medical Center)

$240M$260M$280M$300M$320M 202220232024 $247M $296M ▲ +20.1%
Total plan assets by year, all Garnet Health Medical Center plans on file
Year Plans Participants Total Assets
2022 1 3,959 $247M
2023 1 4,189 $273M
2024 1 4,313 $296M

Nearby Other Plans in New York

Peer Other plans, same state, same plan type, ranked by total assets.

Garnet Health Medical Center 403(b) Retirement Savings Plan vs. nearby Other plans in New York, assets vs. participants

Garnet Health Medical Center 403(b) Retirement Savings Plan vs. nearby Other plans in New York, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -5051015 Total assets ($B) Participants Garnet Health Medica…Northwell Health 403…The Mount Sinai Medi…University of Roches…Memorial Sloan Kette…Retirement Plan for …
Garnet Health Medical Center 403(b) Retirement Savings Plan vs. nearby Other plans in New York, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Garnet Health Medical Center 403(b) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Garnet Health Medical Center 403(b) Retirement Savings Plan assets move in 2024?
Garnet Health Medical Center 403(b) Retirement Savings Plan grew at a solid clip - up 8.5% during 2024, from $273M to $296M. Reported net income was $23M.
How have Garnet Health Medical Center plan assets changed over time?
Across 3 plan years on file (2022-2024), Garnet Health Medical Center's sponsor-wide assets grew 20.1%, from $247M to $296M.
Where does Garnet Health Medical Center 403(b) Retirement Savings Plan rank by assets among Form 5500 filers?
Garnet Health Medical Center 403(b) Retirement Savings Plan ranks in the 96th 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 Other plans are similar in size to Garnet Health Medical Center 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by assets is University Health 403(b) Plan in MO ($297M, 4,646 participants).

Next read for Garnet Health Medical Center 403(b) Reti…

Filing takeaways

Ways to act on Garnet Health Medical Center 403(b) Retirement Savings Plan's numbers.