Defined Benefit (Pension) · DOL Form 5500 · 2024

Hemant Patel, M.D., P.C. Pension Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
4
Participants Small participant base
38th
Percentile by assets National rank
$987,498
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hemant Patel, M.D., P.C. Defined Benefit Pension Plan · Sponsored by Hemant Patel, M.D., P.C. · New York · Healthcare & Social Assistance

$4M in assets, 4 participants

Hemant Patel, M.D., P.C.'s Hemant Patel, M.D., P.C. Defined Benefit Pension Plan reported $4M in total assets and 4 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #6,710 in Healthcare & Social Assistance (16,916 peers)

Hemant Patel, M.D., P.C. multi-year trail

Hemant Patel, M.D., P.C.'s plans moved +29.3% in assets from 2022 to 2024; this filing shows Hemant Patel, M.D., P.C. Defined Benefit Pension Plan at $4M / 4 participants.

#6,710
in Healthcare & Social Assistance (16,916 peers)
-11.4%
assets change YoY

The plan reported a net loss of $508K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hemant Patel, M.D., P.C. Defined Benefit Pension Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Hemant Patel, M.D., P.C. Defined Benefit Pension Plan vs every filed plan by assets

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

$3,949,992 38th percentile higher than 38% 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

Hemant Patel, M.D., P.C. Defined Benefit Pension Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hemant Patel, M.D., P.C. Defined Benefit Pension Plan is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hemant Patel, M.D., P.C. Defined Benefit Pension Plan reported net income fell from $837K in the plan year 2023 filing to -$508K in the plan year 2024 filing.
  • Hemant Patel, M.D., P.C. Defined Benefit Pension Plan reported participants fell from 5 in the plan year 2023 filing to 4 in the plan year 2024 filing.
  • Hemant Patel, M.D., P.C. Defined Benefit Pension Plan end-of-year assets fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 134087064 · Hemant Patel, M.D., P.C. PY 2024 · Defined Benefit (Pension)

Hemant Patel, M.D., P.C. Defined Benefit Pension Plan · $4M · 4 · 38th

  • VS-ST $4M
  • VS-ST 4
  • VS-ST 38th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near The Riddell National Bank of Brazil Employees' Pension Plan
  • VS-ST ind #6710

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 Healthcare & Social Assistance retirement plans → · Plans in New York →

Hemant Patel, M.D., P.C. Defined Benefit Pension Plan in the asset neighbourhood

Hemant Patel, M.D., P.C. Defined Benefit Pension PlanHemant Patel, M.D., P.C. Def…$4MThe Riddell National Bank of Brazil Employees' Pension PlanThe Riddell National Bank of…$4MGeneral Devices Company, Inc. Employees' Pension PlanGeneral Devices Company, Inc…$4MFox Jess, Inc. Defined Benefit Pension PlanFox Jess, Inc. Defined Benef…$4MBarnesville Hospital Association, Inc. Retirement PlanBarnesville Hospital Associa…$4M
End-of-year total assets ($M) among Hemant Patel, M.D., P.C. Defined Benefit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Hemant Patel, M.D., P.C. multi-year asset trail

Sponsor-wide plan assets over time

All Hemant Patel, M.D., P.C. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 29.291733894726608% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.39M $10.9M ▲ +29.3%
Year Plans Participants Total Assets
2022 2 42 $8M
2023 2 29 $11M
2024 2 27 $11M

Hemant Patel, M.D., P.C. filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$508K
Employer EIN134087064
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in New York

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

Hemant Patel, M.D., P.C. Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Hemant Patel, M.D., P.C. Defined Benefit Pension Plan, Total assets ($B): 0.003949992 · Participants: 4Hemant Patel, M.D., P.C. Defined Benefit Pension PlanIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Hemant Patel, M.D., P.C. Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Hemant Patel, M.D., P.C. Defined Benefit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is The Riddell National Bank of Brazil Employees' Pension Plan in IN ($4M); by covered participants it is Bordeaux Dyno-Cam & Machine Shop Defined Benefit Pension Plan in NC (4 participants). Same-state nearby plans are listed separately above.

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 Hemant Patel, M.D., P.C. Defined Benefit Pension Plan assets move in 2024?
Hemant Patel, M.D., P.C. Defined Benefit Pension Plan pulled back noticeably - down 11.4% during 2024, from $4M to $4M. Reported net income was -$508K.
How have Hemant Patel, M.D., P.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hemant Patel, M.D., P.C.'s sponsor-wide assets grew 29.3%, from $8M to $11M.
Which Defined Benefit (Pension) plans are similar in size to Hemant Patel, M.D., P.C. Defined Benefit Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Riddell National Bank of Brazil Employees' Pension Plan in IN ($4M, 55 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hemant Patel, M.D., P.C. Defined Benefit Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bordeaux Dyno-Cam & Machine Shop Defined Benefit Pension Plan in NC (4 participants, N/A in assets).