401(k) · DOL Form 5500 · 2024

Island Medical Services 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
148
Participants Small participant base
59th
Percentile by assets National rank
$76,794
Avg per participant Below avg balance/head
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Official DOL plan name: Island Medical Services Retirement Savings Plan · Sponsored by Island Medical Services · New York · Healthcare & Social Assistance

$11M in assets, 148 participants

Island Medical Services's Island Medical Services Retirement Savings Plan reported $11M in total assets and 148 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.

  • #10,798 in Healthcare & Social Assistance (16,916 peers)

Coverage in New York

Island Medical Services Retirement Savings Plan covers 148 participants in New York, about 19% of the average New York filer (state average ~798 per filing). Assets: $11M.

#10,798
in Healthcare & Social Assistance (16,916 peers)
-2.6%
assets change YoY

The plan reported a net loss of $305K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Island Medical Services Retirement Savings Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Island Medical Services Retirement Savings Plan vs every filed plan by assets

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

$11,365,549 Top 41% higher than 59% 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

Island Medical Services Retirement 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. Island Medical Services Retirement Savings Plan sits mid-pack in the medium band (148 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Island Medical Services Retirement Savings Plan reported net income fell from $454K in the plan year 2023 filing to -$305K in the plan year 2024 filing.
  • Island Medical Services Retirement Savings Plan reported participants fell from 154 in the plan year 2023 filing to 148 in the plan year 2024 filing.
  • Island Medical Services Retirement Savings Plan end-of-year assets fell from $12M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 222268758 · Island Medical Services PY 2024 · 401(k)

Island Medical Services Retirement Savings Plan · $11M · 148 · 59th

  • TYPE $11M
  • TYPE 148
  • TYPE 59th
  • TYPE 401(k)
  • TYPE near Sgs Engineering, LLC 401(k) Profit Sharing Plan
  • TYPE ind #10798

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 →

Island Medical Services Retirement Savings Plan in the asset neighbourhood

Island Medical Services Retirement Savings PlanIsland Medical Services Reti…$11MSgs Engineering, LLC 401(k) Profit Sharing PlanSgs Engineering, LLC 401(k) …$11MPapich Construction Company, Inc. Retirement Savings PlanPapich Construction Company,…$11MSbera 401(k) Plan as Adopted by Winchester Savings BankSbera 401(k) Plan as Adopted…$11MPacific Consolidated Industries 401(k) Retirement PlanPacific Consolidated Industr…$11M
End-of-year total assets ($M) among Island Medical Services Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$11M
Net Income-$305K
Employer EIN222268758
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Island Medical Services)

Sponsor-wide plan assets over time

All Island Medical Services plans reported in each filing year

Latest sponsor-wide plan assets
$11M 1.3350436566658164% vs 2022
2024 filing year
$11M$11.2M$11.4M$11.6M$11.8M 202220232024 $11.2M $11.4M ▲ +1.3%
Year Plans Participants Total Assets
2022 1 318 $11M
2023 1 154 $12M
2024 1 148 $11M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Island Medical Services Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Island Medical Services Retirement Savings Plan, Total assets ($B): 0.011365549 · Participants: 148Island Medical Services Retirement Savings PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Island Medical Services Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Island Medical Services Retirement Savings Plan side-by-side with 3 peers →

Island Medical Services Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Sgs Engineering, LLC 401(k) Profit Sharing Plan in TX ($11M); by covered participants it is Contentful 401(k) Plan in CO (148 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (148 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.

Frequently Asked Questions

How did Island Medical Services Retirement Savings Plan assets move in 2024? ▼
Island Medical Services Retirement Savings Plan edged down modestly - down 2.6% during 2024, from $12M to $11M. Reported net income was -$305K.
How have Island Medical Services plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Island Medical Services's sponsor-wide assets grew 1.3%, from $11M to $11M.
Which 401(k) plans are similar in size to Island Medical Services Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sgs Engineering, LLC 401(k) Profit Sharing Plan in TX ($11M, 33 participants).
Which 401(k) plans cover a similar participant headcount to Island Medical Services Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Contentful 401(k) Plan in CO (148 participants, $8M in assets).

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 222268758.

Read our methodology - how this data is sourced, computed, and verified.

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