Defined Benefit (Pension) · DOL Form 5500 · 2024

Save on Sp LLC Pension Plan

Data updated 2026-07-24

$7M
Total assets
252
Participants
47th
Percentile by assets
$26,580
Avg per participant
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Official DOL plan name: Save on Sp Cash Balance Plan · Sponsored by Save on Sp LLC · New York · Other Services

$7M in assets, 252 participants

Save on Sp LLC's Save on Sp Cash Balance Plan reported $7M in total assets and 252 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • 47th percentile by assets (of 116,472 plans)

Coverage in New York

Save on Sp Cash Balance Plan covers 252 participants in New York, about 32% of the average New York filer (state average ~795 per filing). Assets: $7M.

$7M
total plan assets (2024 EOY)
252
covered participants
47th
percentile by assets (of 116,472 plans)
$26,580
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Save on Sp Cash Balance Plan end-of-year assets rose from $5M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Save on Sp Cash Balance Plan reported participants rose from 219 in the plan year 2023 filing to 252 in the plan year 2024 filing.
  • Save on Sp Cash Balance Plan reported net income fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Save on Sp Cash Balance Plan reports 252 participants - about 32% of that state average ($7M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN473603390
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Save on Sp LLC)

$5M$10M$15M$20M 202220232024 $7.69M $15.6M ▲ +102.5%
Total plan assets by year, all Save on Sp LLC plans on file
Year Plans Participants Total Assets
2022 2 228 $8M
2023 2 436 $12M
2024 2 476 $16M

Nearby Defined Benefit (Pension) Plans in New York

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

Save on Sp Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Save on Sp Cash Balance 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 Save on Sp Cash Bala…IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
Save on Sp Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Save on Sp Cash Balance Plan by total assets, not by location.

Frequently Asked Questions

How did Save on Sp Cash Balance Plan assets move in 2024?
Save on Sp Cash Balance Plan grew sharply - up 22.4% during 2024, from $5M to $7M. Reported net income was $1M.
How have Save on Sp LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Save on Sp LLC's sponsor-wide assets grew 102.4%, from $8M to $16M.
Which Defined Benefit (Pension) plans are similar in size to Save on Sp Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Matel Realtors, Inc. Pension Plan & Trust in CA ($7M, 9 participants).

Next read for Save on Sp Cash Balance Plan

Filing takeaways

Ways to act on Save on Sp Cash Balance 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 473603390.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.