Defined Benefit (Pension) · DOL Form 5500 · 2024

Excellus Health Plan, Inc. Pension Plan

Data updated 2026-07-24

$747M
Total assets
2,038
Participants
98th
Percentile by assets
$366,496
Avg per participant
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Official DOL plan name: Excellus Retirement Plan · Sponsored by Excellus Health Plan, Inc. · New York · Finance & Insurance

$747M in assets, 2,038 participants

Excellus Health Plan, Inc.'s Excellus Retirement Plan reported $747M in total assets and 2,038 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 116,472 plans)

Coverage in New York

Excellus Retirement Plan covers 2,038 participants in New York, 2.6x the typical New York plan (state average ~795 per filing). Assets: $747M.

$747M
total plan assets (2024 EOY)
2,038
covered participants
98th
percentile by assets (of 116,472 plans)
$366,496
avg assets per participant

The plan reported a net loss of $40M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Excellus Retirement Plan reported net income fell from $5M in the plan year 2023 filing to -$40M in the plan year 2024 filing.
  • Excellus Retirement Plan end-of-year assets fell from $787M in the plan year 2023 filing to $747M in the plan year 2024 filing.
  • Excellus Retirement Plan reported participants fell from 2,138 in the plan year 2023 filing to 2,038 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
New York
Industry
Finance & Insurance

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Excellus Retirement Plan reports 2,038 participants - 2.6x that state average ($747M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$787M
Net Assets (End of Year)$747M
Net Income-$40M
Employer EIN150329043
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Excellus Health Plan, Inc.)

$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.4B $1.62B ▲ +15.7%
Total plan assets by year, all Excellus Health Plan, Inc. plans on file
Year Plans Participants Total Assets
2022 3 6,385 $1.4B
2023 3 6,417 $1.5B
2024 3 6,533 $1.6B

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Excellus Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Excellus Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Excellus Retirement …IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
Excellus Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Excellus Retirement Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Excellus Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Excellus Retirement Plan assets move in 2024? ▼
Excellus Retirement Plan pulled back noticeably - down 5.1% during 2024, from $787M to $747M. Reported net income was -$40M.
How have Excellus Health Plan, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Excellus Health Plan, Inc.'s sponsor-wide assets grew 15.5%, from $1.4B to $1.6B.
Where does Excellus Retirement Plan rank by assets among Form 5500 filers? ▼
Excellus Retirement Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Excellus Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pacificorp Retirement Plan in OR ($747M, 1,007 participants).

Next read for Excellus Retirement Plan

Filing takeaways

Ways to act on Excellus Retirement Plan's numbers.

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 150329043.

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.