401(k) · DOL Form 5500 · 2024
Lake Shore Savings Bank 401(k) Plan
Data updated 2026-08-25
- $17M
- Total assets Small plan by assets
- 109
- Participants Small participant base
- 67th
- Percentile by assets National rank
- $152,064
- Avg per participant Above avg balance/head
Official DOL plan name: Lake Shore Savings Bank 401(k) Savings Plan · Sponsored by Lake Shore Savings Bank · New York · Finance & Insurance
$17M in assets, 109 participants
Lake Shore Savings Bank's Lake Shore Savings Bank 401(k) Savings Plan reported $17M in total assets and 109 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.
- #4,345 in Finance & Insurance (8,549 peers)
Coverage in New York
Lake Shore Savings Bank 401(k) Savings Plan covers 109 participants in New York, about 14% of the average New York filer (state average ~798 per filing). Assets: $17M.
- #4,345
- in Finance & Insurance (8,549 peers)
- -1.2%
- assets change YoY
The plan reported a net loss of $197K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Lake Shore Savings Bank 401(k) Savings Plan's outsized position by total assets
Lake Shore Savings Bank 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$16,575,024 Top 33% higher than 67% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Lake Shore Savings Bank 401(k) Savings Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lake Shore Savings Bank 401(k) Savings Plan sits mid-pack in the medium band (109 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lake Shore Savings Bank 401(k) Savings Plan reported net income fell from $2M in the plan year 2023 filing to -$197K in the plan year 2024 filing.
- Lake Shore Savings Bank 401(k) Savings Plan end-of-year assets fell from $17M in the plan year 2023 filing to $17M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 160516470 · Lake Shore Savings Bank PY 2024 · 401(k)
Lake Shore Savings Bank 401(k) Savings Plan · $17M · 109 · 67th
- EOY $17M
- EOY 109
- EOY 67th
- EOY 401(k)
- EOY near Francis O. Day Co., Inc 401(k) Plan
- EOY ind #4345
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 Finance & Insurance retirement plans → · Plans in New York →
Lake Shore Savings Bank 401(k) Savings Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $17M |
|---|---|
| Net Assets (End of Year) | $17M |
| Net Income | -$197K |
| Employer EIN | 160516470 |
| Plan Effective Date | 1989-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lake Shore Savings Bank)
Sponsor-wide plan assets over time
All Lake Shore Savings Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $17M 8.943524087526185% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 102 | $15M |
| 2023 | 1 | 109 | $17M |
| 2024 | 1 | 109 | $17M |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- IBM 401(k) Plan $60.4B · 52,674
- Morgan Stanley 401(k) Plan $22.2B · 53,860
- Pfizer Savings Plan $22.0B · 33,309
- The Pepsico Savings Plan $14.9B · 137,398
- The Goldman Sachs 401(k) Plan $12.8B · 23,227
Lake Shore Savings Bank 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside New York, the nearest 401(k) by assets is Francis O. Day Co., Inc 401(k) Plan in MD ($17M); by covered participants it is West Coast Code Consultants Inc. 401(k) Plan in CA (109 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($17M here).
- Francis O. Day Co., Inc 401(k) Plan (MD) $17M · 241
- Avanti Press, Inc. Employees' Savings and Retirement Plan (MI) $17M · 85
- Moon Valley Nurseries 401(k) Plan (AZ) $17M · 1,909
- Optima Corporation Retirement Plan (WI) $17M · 102
Similar participant headcount
Nearest other-state filings by covered participants (109 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.