M&T Bank Retiree Welfare Benefits Plan — Form 5500 plan (Manufacturers And Traders Trust Co)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, M&T Bank Retiree Welfare Benefits Plan is a benefit plan reported by Manufacturers And Traders Trust Co under EIN 16-0538020 and plan number 506. The latest loaded filing year is 2023. The filing reports 23,352 participants and $89,390 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Manufacturers And Traders Trust Co
- EIN
- 16-0538020
- Plan number
- 506
- Plan type
- 2
- Location
- Buffalo, NY
- Latest filing year
- 2023
- Participants
- 23,352
- End-of-year plan assets
- $89,390
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 23,352 | H, C | 20241010070422NAL0035155136001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $89,390
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $89,390
- Net assets (BOY)
- $509,879
Income & contributions
- Employer contributions
- $1,907,211
- Participant contributions
- $669,328
- Total contributions
- $2,576,539
- Total income / additions
- $2,578,021
Expenses & distributions
- Benefits paid
- $2,884,513
- Administrative expenses
- $113,997
- Total expenses
- $2,998,510
- Net increase / (decrease)
- -$420,489
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Rx Admin | NONE | $97,917 | not reported in the loaded dataset | 2023 |
| Aetna | NONE | $15,776 | not reported in the loaded dataset | 2023 |