Defined Benefit (Pension) · DOL Form 5500 · 2024
Albany Med Health System Pension Plan
Data updated 2026-08-11
- $290M
- Total assets
- 7,988
- Participants
- 96th
- Percentile by assets
- $36,271
- Avg per participant
Official DOL plan name: The Albany Medical Center Retirement Plan · Sponsored by Albany Med Health System · New York · Healthcare & Social Assistance
$290M in assets, 7,988 participants
Albany Med Health System's The Albany Medical Center Retirement Plan reported $290M in total assets and 7,988 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)
- #16,227 in Healthcare & Social Assistance (16,916 peers)
Coverage in New York
The Albany Medical Center Retirement Plan covers 7,988 participants in New York, 10x the typical New York plan (state average ~798 per filing). Assets: $290M.
- $290M
- total plan assets (2024 EOY)
- 7,988
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $36,271
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Albany Medical Center Retirement Plan reported net income rose from -$21M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- The Albany Medical Center Retirement Plan reported participants rose from 7,791 in the plan year 2023 filing to 7,988 in the plan year 2024 filing.
- The Albany Medical Center Retirement Plan end-of-year assets rose from $287M in the plan year 2023 filing to $290M in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. The Albany Medical Center Retirement Plan reports 7,988 participants - 10x that state average ($290M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $287M |
|---|---|
| Net Assets (End of Year) | $290M |
| Net Income | $3M |
| Employer EIN | 141641730 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Albany Med Health System)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 16,945 | $741M |
| 2023 | 2 | 17,126 | $813M |
| 2024 | 2 | 17,750 | $889M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
The Albany Medical Center Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Scale composition for The Albany Medical Center Retirement Plan
The Albany Medical Center Retirement Plan reports $290M in end-of-year assets across 7,988 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $36,271 per participant (26% of the national average assets-per-participant) . Net income for plan year 2024 was $3M.
This plan identity (EIN 141641730, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $308M to $290M (-5.8%) while covered participants moved from 7,778 to 7,988 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,778 | $308M | Open filing |
| 2023 | 7,791 | $287M | Open filing |
| 2024 · index core | 7,988 | $290M | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Albany Medical Center 403(b) Plan (401(k), $599M, 9,762 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Albany Medical Center Retirement Plan by total assets, not by location.
- Galileo & Worldspan U.S. Legacy Pension Plan (GA) $290M · 167
- Knights of Columbus Retirement Plan for Non-Bargaining Unit Employees (CT) $290M · 552
- Maryland Electrical Industry Pension Plan (WV) $289M · 1,784
- Nissan Employee Retirement Plan B (TN) $291M · 936
Frequently Asked Questions
How did The Albany Medical Center Retirement Plan assets move in 2024? ▼
How have Albany Med Health System plan assets changed over time? ▼
Where does The Albany Medical Center Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to The Albany Medical Center Retirement Plan? ▼
Next read for The Albany Medical Center Retirement Pla…
Filing takeaways
Ways to act on The Albany Medical Center Retirement Plan's numbers.
- By total assets, The Albany Medical Center Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Albany Med Health System's sponsor-wide assets have grown 20.0% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans