Profit Sharing · DOL Form 5500 · 2024

Niagara Falls Memorial Medical Center Profit Sharing Plan

Data updated 2026-08-11

$31M
Total assets
1,192
Participants
78th
Percentile by assets
$26,363
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Niagara Falls Memorial Medical Center Sponsored 403(b) Plan · Sponsored by Niagara Falls Memorial Medical Center · New York · Healthcare & Social Assistance

$31M in assets, 1,192 participants

Niagara Falls Memorial Medical Center's Niagara Falls Memorial Medical Center Sponsored 403(b) Plan reported $31M in total assets and 1,192 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • 78th percentile by assets (of 123,622 plans)
  • #13,761 in Healthcare & Social Assistance (16,916 peers)

Where Niagara Falls Memorial Medical Center Sponsored 403(b) Plan sits by assets

Niagara Falls Memorial Medical Center Sponsored 403(b) Plan sits in the top quartile of all filed plans by assets, $31M for 1,192 participants (~$26,363/participant), up 16.9% in 2024.

$31M
total plan assets (2024 EOY)
1,192
covered participants
78th
percentile by assets (of 123,622 plans)
$26,363
avg assets per participant

Where Niagara Falls Memorial Medical Center Sponsored 403(b) Plan sits by total assets

Niagara Falls Memorial Medical Center Sponsored 403(b) Plan vs every filed plan by assets

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

$31,425,119 Top 22% higher than 78% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Niagara Falls Memorial Medical Center Sponsored 403(b) Plan end-of-year assets rose from $27M in the plan year 2023 filing to $31M in the plan year 2024 filing.
  • Niagara Falls Memorial Medical Center Sponsored 403(b) Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Niagara Falls Memorial Medical Center Sponsored 403(b) Plan reported participants rose from 1,160 in the plan year 2023 filing to 1,192 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Niagara Falls Memorial Medical Center Sponsored 403(b) Plan vs the 2024 asset distribution

By assets, Niagara Falls Memorial Medical Center Sponsored 403(b) Plan outranks 78% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$31M
Net Income$5M
Employer EIN160743094
Plan Effective Date2010-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Niagara Falls Memorial Medical Center)

$20M$25M$30M$35M 202220232024 $22.8M $31.4M ▲ +38.0%
Total plan assets by year, all Niagara Falls Memorial Medical Center plans on file
Year Plans Participants Total Assets
2022 1 1,091 $23M
2023 1 1,160 $27M
2024 1 1,192 $31M

Nearby Profit Sharing Plans in New York

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

Niagara Falls Memorial Medical Center Sponsored 403(b) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Niagara Falls Memorial Medical Center Sponsored 403(b) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Niagara Falls Memori…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Rochester Regional H…
Niagara Falls Memorial Medical Center Sponsored 403(b) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Niagara Falls Memorial Medical Center Sponsored 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Niagara Falls Memorial Medical Center Sponsored 403(b) Plan assets move in 2024?
Niagara Falls Memorial Medical Center Sponsored 403(b) Plan grew sharply - up 16.9% during 2024, from $27M to $31M. Reported net income was $5M.
How have Niagara Falls Memorial Medical Center plan assets changed over time?
Across 3 plan years on file (2022-2024), Niagara Falls Memorial Medical Center's sponsor-wide assets grew 38.0%, from $23M to $31M.
Where does Niagara Falls Memorial Medical Center Sponsored 403(b) Plan rank by assets among Form 5500 filers?
Niagara Falls Memorial Medical Center Sponsored 403(b) Plan ranks in the 78th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Niagara Falls Memorial Medical Center Sponsored 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is Lake Highland Preparatory School, Inc. in FL ($31M, 345 participants).

Next read for Niagara Falls Memorial Medical Center Sp…

Scale reading

Ways to act on Niagara Falls Memorial Medical Center Sponsored 403(b) Plan's numbers.