Profit Sharing · DOL Form 5500 · 2024

Concepts of Independence, Inc. Profit Sharing Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
4,254
Participants Above avg headcount
60th
Percentile by assets National rank
$2,798
Avg per participant Low balance/head
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Official DOL plan name: Concepts of Independence, Inc. Supplemental Retirement Plan · Sponsored by Concepts of Independence, Inc. · New York · Healthcare & Social Assistance

$12M in assets, 4,254 participants

Concepts of Independence, Inc.'s Concepts of Independence, Inc. Supplemental Retirement Plan reported $12M in total assets and 4,254 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #10,970 in Healthcare & Social Assistance (16,916 peers)

Coverage in New York

Concepts of Independence, Inc. Supplemental Retirement Plan covers 4,254 participants in New York, 5.3x the typical New York plan (state average ~798 per filing). Assets: $12M.

#10,970
in Healthcare & Social Assistance (16,916 peers)
-1.1%
assets change YoY

The plan reported a net loss of $125K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Concepts of Independence, Inc. Supplemental Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Concepts of Independence, Inc. Supplemental Retirement Plan vs every filed plan by assets

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

$11,903,633 Top 40% higher than 60% 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

Concepts of Independence, Inc. Supplemental Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Concepts of Independence, Inc. Supplemental Retirement Plan lands in the large band (4,254 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Concepts of Independence, Inc. Supplemental Retirement Plan reported net income fell from $4M in the plan year 2023 filing to -$125K in the plan year 2024 filing.
  • Concepts of Independence, Inc. Supplemental Retirement Plan reported participants rose from 2,150 in the plan year 2023 filing to 4,254 in the plan year 2024 filing.
  • Concepts of Independence, Inc. Supplemental Retirement Plan end-of-year assets fell from $12M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 510239824 · Concepts of Independence, Inc. PY 2024 · Profit Sharing

Concepts of Independence, Inc. Supplemental Retirement Plan · $12M · 4,254 · 60th

  • SCH $12M
  • EBSA 4,254
  • PART 60th
  • TYPE Profit Sharing
  • NET near Willow Brook 403(b) Retirement Plan
  • BOOK ind #10970

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 →

Concepts of Independence, Inc. Supplemental Retirement Plan in the asset neighbourhood

Oak Clinic Profit Sharing PlanOak Clinic Profit Sharing Pl…$12MStg Partners, LLC 401(k) Plan$12MWillow Brook 403(b) Retirement PlanWillow Brook 403(b) Retireme…$12MConcepts of Independence, Inc. Supplemental Retirement PlanConcepts of Independence, In…$12MFriedman Industries, Inc. Employees' Retirement & 401(k) PlanFriedman Industries, Inc. Em…$12M
End-of-year total assets ($M) among Concepts of Independence, Inc. Supplemental Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income-$125K
Employer EIN510239824
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Concepts of Independence, Inc.)

Sponsor-wide plan assets over time

All Concepts of Independence, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 51.17161219402985% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $15.4M $23.3M ▲ +51.2%
Year Plans Participants Total Assets
2022 3 2,696 $15M
2023 4 2,714 $22M
2024 3 4,925 $23M

Nearby Profit Sharing Plans in New York

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

Concepts of Independence, Inc. Supplemental Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -10123 Total assets ($B) Participants Concepts of Independence, Inc. Supplemental Retirement Plan, Total assets ($B): 0.011903633 · Participants: 4254Concepts of Independence, Inc. Supplemental Retirement PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Concepts of Independence, Inc. Supplemental Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Concepts of Independence, Inc. Supplemental Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Willow Brook 403(b) Retirement Plan in OH ($12M); by covered participants it is Glaziers Individual Account Retirement Plan in CA (4,224 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,254 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 Concepts of Independence, Inc. Supplemental Retirement Plan assets move in 2024?
Concepts of Independence, Inc. Supplemental Retirement Plan edged down modestly - down 1.1% during 2024, from $12M to $12M. Reported net income was -$125K.
How have Concepts of Independence, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Concepts of Independence, Inc.'s sponsor-wide assets grew 51.2%, from $15M to $23M.
Which Profit Sharing plans are similar in size to Concepts of Independence, Inc. Supplemental Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Willow Brook 403(b) Retirement Plan in OH ($12M, 529 participants).
Which Profit Sharing plans cover a similar participant headcount to Concepts of Independence, Inc. Supplemental Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Glaziers Individual Account Retirement Plan in CA (4,224 participants, $241M in assets).