401(k) · DOL Form 5500 · 2022

Chemung Canal Trust Company 401(k) Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
341
Participants Below avg headcount
88th
Percentile by assets National rank
$143,450
Avg per participant Near avg balance/head
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Official DOL plan name: Chemung Canal Trust Company Profit Sharing Savings & Investment Plan · Sponsored by Chemung Canal Trust Company · New York · Finance & Insurance

$49M in assets, 341 participants

Chemung Canal Trust Company's Chemung Canal Trust Company Profit Sharing Savings & Investment Plan reported $49M in total assets and 341 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,450 in Finance & Insurance (9,261 peers)

Coverage in New York

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan covers 341 participants in New York, about 43% of the average New York filer (state average ~798 per filing). Assets: $49M.

#7,450
in Finance & Insurance (9,261 peers)
-12.7%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan's outsized position by total assets

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$48,916,459 Top 12% higher than 88% of 139,123 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 2022

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Chemung Canal Trust Company Profit Sharing Savings & Investment Plan sits mid-pack in the medium band (341 participants).

DOL schedule card

Filing strip 160380815 · Chemung Canal Trust Company PY 2022 · 401(k)

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan · $49M · 341 · 88th

  • PHOTO $49M
  • PHOTO 341
  • PHOTO 88th
  • PHOTO 401(k)
  • PHOTO near The Pampered Chef 401(k) Plan
  • PHOTO ind #7450

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 →

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan in the asset neighbourhood

Wenger Manufacturing, LLC 401(k) PlanWenger Manufacturing, LLC 40…$49MPinterest 401(k) Plan$49MChemung Canal Trust Company Profit Sharing Savings & Investment PlanChemung Canal Trust Company …$49MThe Pampered Chef 401(k) Plan$49MInnovacare Services Company, LLC Savings and Profit Sharing PlanInnovacare Services Company,…$49M
End-of-year total assets ($M) among Chemung Canal Trust Company Profit Sharing Savings & Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$49M
Net Income-$7M
Employer EIN160380815
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chemung Canal Trust Company)

Sponsor-wide plan assets over time

All Chemung Canal Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$112M 20.116465802380038% vs 2022
2024 filing year
$90M$100M$110M$120M 202220232024 $93.6M $112M ▲ +20.1%
Year Plans Participants Total Assets
2022 2 435 $94M
2023 2 428 $105M
2024 2 424 $112M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Chemung Canal Trust Company Profit Sharing Savings & Investment Plan, Total assets ($B): 0.048916459 · Participants: 341Chemung Canal Trust Company Profit Sharing Savings & Investment PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Chemung Canal Trust Company Profit Sharing Savings & Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is The Pampered Chef 401(k) Plan in IL ($49M); by covered participants it is Alpine 401(k) Plan in CO (341 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($49M here).

Similar participant headcount

Nearest other-state filings by covered participants (341 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Chemung Canal Trust Company Profit Sharing Savings & Investment Plan assets move in 2022?
Chemung Canal Trust Company Profit Sharing Savings & Investment Plan pulled back noticeably - down 12.7% during 2022, from $56M to $49M. Reported net income was -$7M.
How have Chemung Canal Trust Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Chemung Canal Trust Company's sponsor-wide assets grew 20.1%, from $94M to $112M.
Where does Chemung Canal Trust Company Profit Sharing Savings & Investment Plan rank by assets among Form 5500 filers?
Chemung Canal Trust Company Profit Sharing Savings & Investment Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Chemung Canal Trust Company Profit Sharing Savings & Investment Plan?
Among 401(k) plans in other states, the closest by assets is The Pampered Chef 401(k) Plan in IL ($49M, 315 participants).
Which 401(k) plans cover a similar participant headcount to Chemung Canal Trust Company Profit Sharing Savings & Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Alpine 401(k) Plan in CO (341 participants, $212K in assets).