Arrow Financial Corporation Profit Sharing 401(K) Plan — Form 5500 plan (Arrow Financial Corporation)
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, Arrow Financial Corporation Profit Sharing 401(K) Plan is a benefit plan reported by Arrow Financial Corporation under EIN 22-2448962 and plan number 003. The latest loaded filing year is 2023. The filing reports 884 participants and $35,002,503 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Arrow Financial Corporation
- EIN
- 22-2448962
- Plan number
- 003
- Plan type
- 2
- Location
- Glens Falls, NY
- Latest filing year
- 2023
- Participants
- 884
- End-of-year plan assets
- $35,002,503
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 884 | H, C | 20241015174301NAL0050739472001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $35,002,503
- Total liabilities (EOY)
- $49,922
- Net assets (EOY)
- $34,952,581
- Net assets (BOY)
- $29,699,625
Income & contributions
- Participant contributions
- $1,892,333
- Total contributions
- $2,465,297
- Total income / additions
- $8,123,716
Expenses & distributions
- Benefits paid
- $2,824,123
- Administrative expenses
- $350
- Total expenses
- $2,870,760
- Net increase / (decrease)
- $5,252,956
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Glens Falls National Bank And Trust | TRUSTEE | $0 | $15,578 | 2023 |