Concepts of Independence pension plans

Concepts of Independence, Inc., New York, NY. EIN 51-0239824. Annual reports 2009–2024. Also filed as Concepts for Independence, Inc.

Concepts of Independence, Inc. has 3 active retirement plans on file. The largest is the Concepts of Independence, Inc. Supplemental Retirement Plan, with 4,124 participants and $11.9 million in assets in 2024. Empower has been its recordkeeper since 2021.

Active plans: 3
Participants: 5,059
Plan assets: $23.3 million
401(k) recordkeeper: Empower
Plans on file: 4
Industry: Health care

All 4 plans

Active plans first

Concepts of Independence, Inc. Supplemental Retirement Plan

Profit-sharing planActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 003Employer EIN 51-0239824
Participants (2024): 4,124
Net assets (2024): $11.9 million
Recordkeeper: EmpowerEarlier: MassMutual (2016–2020), Transamerica (2011–2014)
Plan administrator: Concepts of Independence, Inc.
120 Wall Street 9TH Floor
New York, NY 10005
(845) 893-6890As filed for 2024
In effect since: July 1, 1997

Earlier plan names: Concepts of Independence, Inc. Supplemental Retire Ment Plan; Concepts of Independence, Inc. Supplemental Retire.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	4,124	$11.9 million	Empower
2023	4,254	$12.0 million	Empower
2022	2,250	$7.6 million	Empower
2021	2,391	$7.5 million	Empower
2020	3,959	$10.3 million	MassMutual
2019	4,077	$8.9 million	MassMutual
2018	4,202	$9.0 million	MassMutual
2017	4,355	$9.1 million	MassMutual
2016	3,069	$9.5 million	MassMutual
2015	3,651	$8.7 million	not listed
2014	3,740	$9.4 million	Transamerica
2013	6,814	$9.7 million	Transamerica
2011	1,286	$6.7 million	Transamerica
2010	4,941	$6.0 million	not listed
2009	2,732	$6.6 million	not listed

Concepts Salary Deferral 403(b) Plan

403(b)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 005Employer EIN 51-0239824
Participants (2024): 571
Net assets (2024): $7.4 million
Recordkeeper: EmpowerEarlier: MassMutual (2016–2020), Transamerica (2011–2014)
Plan administrator: Concepts of Independence, Inc.
120 Wall Street, 9TH Floor
New York, NY 10005
(212) 293-9999As filed for 2024
In effect since: June 1, 2011

Year by year, 2011 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	571	$7.4 million	Empower
2023	514	$5.8 million	Empower
2022	420	$4.9 million	Empower
2021	448	$4.3 million	Empower
2020	459	$4.5 million	MassMutual
2019	448	$3.3 million	MassMutual
2018	399	$2.8 million	MassMutual
2017	362	$2.3 million	MassMutual
2016	354	$1.9 million	MassMutual
2015	299	$1.3 million	not listed
2014	221	$986,684	Transamerica
2013	6,212	$615,451	Transamerica
2012	5,322	$376,100	Transamerica
2011	3,500	$229,815	Transamerica

Concepts of Independence, Inc. Staff Profit Sharing Plan

Profit-sharing planActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 002Employer EIN 51-0239824
Participants (2024): 364
Net assets (2024): $4.0 million
Recordkeeper: EmpowerEarlier: MassMutual (2018–2020)
Plan administrator: Concepts of Independence, Inc.
120 Wall Street 9TH Floor
New York, NM 10005
(212) 293-9999As filed for 2024
In effect since: June 1, 1994

Earlier plan names: Concepts of Independence, Inc. Staff Profit Sharin.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	364	$4.0 million	Empower
2023	137	$3.5 million	Empower
2022	126	$3.0 million	Empower
2021	135	$2.5 million	Empower
2020	136	$2.7 million	MassMutual
2019	122	$2.0 million	MassMutual
2018	122	$2.0 million	MassMutual
2017	127	$1.9 million	not listed
2016	115	$1.6 million	not listed
2015	103	$1.3 million	not listed
2014	89	$1.4 million	not listed
2013	85	$1.2 million	not listed
2012	58	$836,773	not listed
2011	53	$794,233	not listed
2010	56	$670,155	not listed
2009	49	$572,409	not listed

Concepts of Independence, Inc. Defined Benefit Pension

Pension (defined benefit), frozenClosedUnion (multiemployer)

Closed. The plan filed its final annual report for 2023, which means its assets were paid out or moved and it no longer exists.

Plan number: 001Employer EIN 51-0239824
Participants (2022): 1
Net assets (2022): $196
Plan administrator: Concepts of Independence, Inc.
120 Wall ST. Suite 1010
New York, NY 10005
(212) 293-9999As filed for 2023
In effect since: July 1, 1992

Earlier sponsor: Concepts for Independence, Inc. (2009).

Earlier plan names: Section 403(b) Plan for Concepts of Independence, Independence Inc..

Year by year, 2009 to 2023

Plan year	Participants	Net assets	Recordkeeper
2023	0	$0	not listed
2022	1	$196	not listed
2021	1	$196	not listed
2019	107	$354,581	not listed
2018	606	$2.9 million	not listed
2017	729	$3.2 million	not listed
2016	878	$3.4 million	not listed
2015	1,126	$3.8 million	not listed
2014	1,173	$4.2 million	not listed
2013	1,278	$5.7 million	not listed
2012	1,436	$6.8 million	not listed
2011	1,952	$9.0 million	not listed
2009	49	$984,932	not listed

If you had money in one of these plans

Call Empower (empower.com), which runs the Concepts of Independence, Inc. Supplemental Retirement Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((845) 893-6890). That number was filed for 2024; ask for the benefits or retirement plan office.
If your plan closed, unclaimed balances usually went to an IRA in your name, to the PBGC's missing participants program, or to state unclaimed property. Here is how to check each one.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

All 4 plans

Concepts of Independence, Inc. Supplemental Retirement Plan

Concepts Salary Deferral 403(b) Plan

Concepts of Independence, Inc. Staff Profit Sharing Plan

Concepts of Independence, Inc. Defined Benefit Pension

If you had money in one of these plans

What these numbers are

Other health care employers in NY