401(k) · DOL Form 5500 · 2022

Manufacturers and Traders Trust Co. 401(k) Plan

Data updated 2026-08-25

$4.1B
Total assets Very large vs avg
16,944
Participants Very large workforce
100th
Percentile by assets National rank
$239,348
Avg per participant Above avg balance/head
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Official DOL plan name: M & T Bank Corporation Retirement Savings Plan · Sponsored by Manufacturers and Traders Trust Co. · New York · Finance & Insurance

$4.1B in assets, 16,944 participants

Manufacturers and Traders Trust Co.'s M & T Bank Corporation Retirement Savings Plan reported $4.1B in total assets and 16,944 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • #9,209 in Finance & Insurance (9,261 peers)

Coverage in New York

M & T Bank Corporation Retirement Savings Plan covers 16,944 participants in New York, 21x the typical New York plan (state average ~798 per filing). Assets: $4.1B.

#9,209
in Finance & Insurance (9,261 peers)
+11.9%
assets growth YoY
41×
vs typical plan assets (national mean)

The plan reported a net loss of $613M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

M & T Bank Corporation Retirement Savings Plan's outsized position by total assets

M & T Bank Corporation Retirement Savings Plan vs every filed plan by assets

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

$4,055,519,049 Highest reported value at or above every one 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

M & T Bank Corporation Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. M & T Bank Corporation Retirement Savings Plan is a mega filing (16,944 participants), the rightmost band on the breakdown.

DOL schedule card

Filing strip 160538020 · Manufacturers and Traders Trust Co. PY 2022 · 401(k)

M & T Bank Corporation Retirement Savings Plan · $4.1B · 16,944 · 100th

  • BOY $4.1B
  • BOY 16,944
  • BOY 100th
  • BOY 401(k)
  • BOY near Westrock Company 401(k) Retirement Savings Plan
  • BOY ind #9209

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 →

M & T Bank Corporation Retirement Savings Plan in the asset neighbourhood

Td 401(k) Retirement Plan$4.1BSchneider Electric 401(k) PlanSchneider Electric 401(k) Pl…$4.1BM & T Bank Corporation Retirement Savings PlanM & T Bank Corporation Retir…$4.1BWestrock Company 401(k) Retirement Savings PlanWestrock Company 401(k) Reti…$4.1BFederal Express Corporation Pilots Retirement Savings PlanFederal Express Corporation …$4.0B
End-of-year total assets ($B) among M & T Bank Corporation Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$3.6B
Net Assets (End of Year)$4.1B
Net Income-$613M
Employer EIN160538020
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Manufacturers and Traders Trust Co.)

Sponsor-wide plan assets over time

All Manufacturers and Traders Trust Co. plans reported in each filing year

Latest sponsor-wide plan assets
$8.4B 20.13095740333194% vs 2022
2024 filing year
$6.5B$7B$7.5B$8B$8.5B$9B 202220232024 $7B $8.41B ▲ +20.1%
Year Plans Participants Total Assets
2022 4 27,419 $7.0B
2023 2 26,941 $7.8B
2024 2 25,986 $8.4B

Nearby 401(k) Plans in New York

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

M & T Bank Corporation Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0204060 Total assets ($B) Participants M & T Bank Corporation Retirement Savings Plan, Total assets ($B): 4.055519049 · Participants: 16944M & T Bank Corporation Retirement Savings 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
M & T Bank Corporation Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants

Scale composition for M & T Bank Corporation Retirement Savings Plan

M & T Bank Corporation Retirement Savings Plan reports $4.1B in end-of-year assets across 16,944 participants (0.033% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $239,348 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2022 was -$613M.

This plan identity (EIN 160538020, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.1B to $5.2B (+28.2%) while covered participants moved from 16,944 to 22,161 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,944 $4.1B This page
2023 22,713 $4.6B Open filing
2024 · index core 22,161 $5.2B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

M & T Bank Corporation Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Westrock Company 401(k) Retirement Savings Plan in GA ($4.1B); by covered participants it is Aecom Retirement & Savings Plan in TX (16,940 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (16,944 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 M & T Bank Corporation Retirement Savings Plan assets move in 2022?
M & T Bank Corporation Retirement Savings Plan grew at a solid clip - up 11.9% during 2022, from $3.6B to $4.1B. Reported net income was -$613M.
How have Manufacturers and Traders Trust Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), Manufacturers and Traders Trust Co.'s sponsor-wide assets grew 20.1%, from $7.0B to $8.4B.
Where does M & T Bank Corporation Retirement Savings Plan rank by assets among Form 5500 filers?
M & T Bank Corporation Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to M & T Bank Corporation Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Westrock Company 401(k) Retirement Savings Plan in GA ($4.1B, 33,067 participants).
Which 401(k) plans cover a similar participant headcount to M & T Bank Corporation Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Aecom Retirement & Savings Plan in TX (16,940 participants, $5.5B in assets).