Defined Benefit (Pension) · DOL Form 5500 · 2024

Financial Institutions, Inc. Pension Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
597
Participants Below avg headcount
87th
Percentile by assets National rank
$113,405
Avg per participant Below avg balance/head
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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.

  • #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.

#6,865
in Finance & Insurance (8,549 peers)
-5.4%
assets change YoY
0.7×
vs typical plan assets (national mean)

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.

Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System's outsized position 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

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

Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System 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. Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System sits mid-pack in the medium band (597 participants).

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.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 160816610 · Financial Institutions, Inc. PY 2024 · Defined Benefit (Pension)

Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System · $68M · 597 · 87th

  • PHOTO $68M
  • PHOTO 597
  • PHOTO 87th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Good Shepherd Rehabilitation Hospital Employees' Pension Plan
  • PHOTO ind #6865

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 →

Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System in the asset neighbourhood

Retirement Income Plan for Bargaining Unit Employees of Datex-Ohmeda, Inc.Retirement Income Plan for B…$68MNeighbors Federal Credit Union Cash Balance Defined Benefit Plan and TrustNeighbors Federal Credit Uni…$68MFinancial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement SystemFinancial Institutions, Inc.…$68MGood Shepherd Rehabilitation Hospital Employees' Pension PlanGood Shepherd Rehabilitation…$68MOccidental Oil & Gas Consolidated Retirement PlanOccidental Oil & Gas Consoli…$68M
End-of-year total assets ($M) among Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$68M
Net Income-$4M
Employer EIN160816610
Plan Effective Date1957-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Financial Institutions, Inc.)

Sponsor-wide plan assets over time

All Financial Institutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$139M 12.816650857720715% vs 2022
2024 filing year
$120M$125M$130M$135M$140M$145M 202220232024 $123M $139M ▲ +12.8%
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.

Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System, Total assets ($B): 0.067703048 · Participants: 597Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement SystemIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System side-by-side with 3 peers →

Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Good Shepherd Rehabilitation Hospital Employees' Pension Plan in PA ($68M); by covered participants it is Leggett & Platt, Incorporated Retirement Plan in MO (596 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (597 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 Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System assets move in 2024? ▼
Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System pulled back noticeably - down 5.4% during 2024, from $72M to $68M. Reported net income was -$4M.
How have Financial Institutions, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Financial Institutions, Inc.'s sponsor-wide assets grew 12.8%, from $123M to $139M.
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? ▼
Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
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? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Good Shepherd Rehabilitation Hospital Employees' Pension Plan in PA ($68M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Financial Institutions, Inc. Pension Plan as a Member of the New York State Bankers Retirement System? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Leggett & Platt, Incorporated Retirement Plan in MO (596 participants, $108M 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 160816610.

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.