Defined Benefit (Pension) · DOL Form 5500 · 2024
Financial Institutions, Inc. Pension Plan
Data updated 2026-08-11
- $68M
- Total assets
- 597
- Participants
- 87th
- Percentile by assets
- $113,405
- Avg per participant
Official DOL plan name: Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System · Sponsored by Financial Institutions, Inc. · New York · Finance & Insurance
$68M in assets, 597 participants
Financial Institutions, Inc.'s Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System reported $68M in total assets and 597 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.
- 87th percentile by assets (of 123,622 plans)
- #6,865 in Finance & Insurance (8,549 peers)
Where Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System sits by assets
Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System sits in the top quartile of all filed plans by assets, $68M for 597 participants (~$113,405/participant), down 5.4% in 2024.
- $68M
- total plan assets (2024 EOY)
- 597
- covered participants
- 87th
- percentile by assets (of 123,622 plans)
- $113,405
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System sits by total assets
Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$67,703,048 Top 13% higher than 87% 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
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System reported net income fell from $5M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
- Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System reported participants fell from 659 in the plan year 2023 filing to 597 in the plan year 2024 filing.
- Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System end-of-year assets fell from $72M in the plan year 2023 filing to $68M in the plan year 2024 filing.
Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System vs the 2024 asset distribution
By assets, Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System outranks 87% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $72M |
|---|---|
| Net Assets (End of Year) | $68M |
| Net Income | -$4M |
| Employer EIN | 160816610 |
| Plan Effective Date | 1957-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Financial Institutions, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,279 | $123M |
| 2023 | 2 | 1,309 | $135M |
| 2024 | 2 | 1,211 | $139M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System by total assets, not by location.
- Good Shepherd Rehabilitation Hospital Employees' Pension Plan (PA) $68M · N/A
- Neighbors Federal Credit Union Cash Balance Defined Benefit Plan and Trust (LA) $68M · 207
- Retirement Income Plan for Bargaining Unit Employees of Datex-Ohmeda, Inc. (IL) $68M · 131
- Occidental Oil & Gas Consolidated Retirement Plan (TX) $68M · 833
Frequently Asked Questions
How did Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System assets move in 2024? ▼
How have Financial Institutions, Inc. plan assets changed over time? ▼
Where does Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System? ▼
Next read for Financial Institutions, Inc. Pension Pla…
Scale reading
Ways to act on Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System's numbers.
- By total assets, Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Financial Institutions, Inc.'s sponsor-wide assets have grown 12.8% since 2022 across 3 plan years on file. More Finance & Insurance plans