ESOP · DOL Form 5500 · 2022

M&t Bank Corporation ESOP

Data updated 2026-08-11

$47M
Total assets
4,401
Participants
87th
Percentile by assets
$10,595
Avg per participant
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Official DOL plan name: Employee Stock Ownership Plan of People's United Financial, Inc. · Sponsored by M&t Bank Corporation · New York · Finance & Insurance

$47M in assets, 4,401 participants

M&t Bank Corporation's Employee Stock Ownership Plan of People's United Financial, Inc. reported $47M in total assets and 4,401 participants in its 2022 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.

  • 87th percentile by assets (of 139,126 plans)
  • #7,394 in Finance & Insurance (9,261 peers)

Coverage in New York

Employee Stock Ownership Plan of People's United Financial, Inc. covers 4,401 participants in New York, 5.5x the typical New York plan (state average ~798 per filing). Assets: $47M.

$47M
total plan assets (2022 EOY)
4,401
covered participants
87th
percentile by assets (of 139,126 plans)
$10,595
avg assets per participant
State

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Employee Stock Ownership Plan of People's United Financial, Inc. reports 4,401 participants - 5.5x that state average ($47M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$177M
Net Assets (End of Year)$47M
Net Income$31M
Employer EIN160968385
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (M&t Bank Corporation)

$-20M$0M$20M$40M$60M 20222023 $46.6M $0.32M ▼ -99.3%
Total plan assets by year, all M&t Bank Corporation plans on file
Year Plans Participants Total Assets
2022 1 4,401 $47M
2023 2 3,288 $323K

Nearby ESOP Plans in New York

Peer ESOP plans, same state, same plan type, ranked by total assets.

Employee Stock Ownership Plan of People's United Financial, Inc. vs. nearby ESOP plans in New York, assets vs. participants

Employee Stock Ownership Plan of People's United Financial, Inc. vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 02004006008001000 Total assets ($M) Participants Employee Stock Owner…Stewart's Shops Corp…Lewis Tree Service E…H.C. Wainwright & Co…Greenman-Pedersen, I…Griffon Corporation …
Employee Stock Ownership Plan of People's United Financial, Inc. vs. nearby ESOP plans in New York, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Employee Stock Ownership Plan of People's United Financial, Inc. by total assets, not by location.

Frequently Asked Questions

How did Employee Stock Ownership Plan of People's United Financial, Inc. assets move in 2022?
Employee Stock Ownership Plan of People's United Financial, Inc. contracted severely - down 73.6% during 2022, from $177M to $47M. Reported net income was $31M.
How have M&t Bank Corporation plan assets changed over time?
Across 2 plan years on file (2022-2023), M&t Bank Corporation's sponsor-wide assets declined 99.3%, from $47M to $323K.
Where does Employee Stock Ownership Plan of People's United Financial, Inc. rank by assets among Form 5500 filers?
Employee Stock Ownership Plan of People's United Financial, Inc. ranks in the 87th 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 ESOP plans are similar in size to Employee Stock Ownership Plan of People's United Financial, Inc.?
Among ESOP plans in other states, the closest by assets is Superior Consolidated Industries, Inc. Employee Stock Ownership Plan and Trust in IL ($47M, 1,898 participants).

Next read for Employee Stock Ownership Plan of People'…

Filing takeaways

Ways to act on Employee Stock Ownership Plan of People's United Financial, Inc.'s numbers.

  • By total assets, Employee Stock Ownership Plan of People's United Financial, Inc. ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in New York. Compare plans
  • M&t Bank Corporation's sponsor-wide assets have declined 99.3% since 2022 across 2 plan years on file. More Finance & Insurance plans