Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Retirement Plan for Employees of Canton-Potsdam Hospital

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Canton-Potsdam Hospital · New York · Healthcare & Social Assistance

What the 2023 filing shows

Retirement Plan for Employees of Canton-Potsdam Hospital holds $8M for 174 participants — about $46,112 per participant, down 78.7% over the 2024 plan year.

$8M
total plan assets (2024 EOY)
174
covered participants
$46,112
avg assets per participant
-78.7%
assets change YoY

The plan reported a net loss of $8M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$8M
Participants
174
State
Industry
Healthcare & Social Assistance

What the Filing Says About Retirement Plan for Employees of Canton-Potsdam Hospital

Retirement Plan for Employees of Canton-Potsdam Hospital is a Defined Benefit (Pension) retirement plan sponsored by Canton-Potsdam Hospital, headquartered in New York. As of the 2024 Form 5500 filing, the plan reports $8M in total end-of-year assets and covers 174 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 161012691, and the plan has been effective since 1973-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $38M at the beginning of 2024 to $8M at year-end — a decline of 78.7%. Net assets (after liabilities) closed the year at N/A, with reported net income of $-7,915,702 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$38M
Total Assets (End of Year)$8M
Net Assets (End of Year)N/A
Net Income$-7,915,702
Plan TypeDefined Benefit (Pension)
Employer EIN161012691
Plan Effective Date1973-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canton-Potsdam Hospital)

Year Plans Participants Total Assets
2022 1 204 $37M
2023 1 185 $38M
2024 1 174 $8M

Nearby Defined Benefit (Pension) Plans in New York

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Frequently Asked Questions

How much money is in the Retirement Plan for Employees of Canton-Potsdam Hospital?
As of the 2024 Form 5500 filing, Retirement Plan for Employees of Canton-Potsdam Hospital holds $8M in total assets with 174 participants. It is sponsored by Canton-Potsdam Hospital.
What type of plan is Retirement Plan for Employees of Canton-Potsdam Hospital?
Retirement Plan for Employees of Canton-Potsdam Hospital is a Defined Benefit (Pension) plan. It has been effective since 1973-04-01. The plan is filed with the U.S. Department of Labor under EIN 161012691.
Who sponsors the Retirement Plan for Employees of Canton-Potsdam Hospital?
Retirement Plan for Employees of Canton-Potsdam Hospital is sponsored by Canton-Potsdam Hospital, located in New York. The sponsor's EIN is 161012691 and the plan operates in the Healthcare & Social Assistance industry.
How did Retirement Plan for Employees of Canton-Potsdam Hospital perform in 2024?
Retirement Plan for Employees of Canton-Potsdam Hospital declined by 78.7% during 2024, moving from $38M to $8M in total assets. Net income was $-7,915,702.
Where can I find official filings for Retirement Plan for Employees of Canton-Potsdam Hospital?
Official Form 5500 filings for Retirement Plan for Employees of Canton-Potsdam Hospital are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 161012691 or plan name at efast.dol.gov.
How does Retirement Plan for Employees of Canton-Potsdam Hospital compare to other plans?
You can compare Retirement Plan for Employees of Canton-Potsdam Hospital against other Defined Benefit (Pension) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 161012691.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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