Defined Benefit (Pension) · DOL Form 5500 · 2023

Chemung Canal Trust Company Pension Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
84
Participants Small participant base
85th
Percentile by assets National rank
$558,934
Avg per participant High balance/head
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Official DOL plan name: Chemung Canal Trust Company Pension Plan · Sponsored by Chemung Canal Trust Company · New York · Finance & Insurance

$47M in assets, 84 participants

Chemung Canal Trust Company's Chemung Canal Trust Company Pension Plan reported $47M in total assets and 84 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,821 in Finance & Insurance (8,869 peers)

Where Chemung Canal Trust Company Pension Plan sits by assets

Chemung Canal Trust Company Pension Plan sits in the top quartile of all filed plans by assets, $47M for 84 participants (~$558,934/participant), up 5.1% in 2023.

#6,821
in Finance & Insurance (8,869 peers)
+5.1%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Chemung Canal Trust Company Pension Plan's outsized position by total assets

Chemung Canal Trust Company Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$46,950,486 Top 15% higher than 85% of 127,068 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 2023

Chemung Canal Trust Company Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Chemung Canal Trust Company Pension Plan is a small filing (84 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Chemung Canal Trust Company Pension Plan reported net income rose from -$8M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Chemung Canal Trust Company Pension Plan reported participants fell from 94 in the plan year 2022 filing to 84 in the plan year 2023 filing.
  • Chemung Canal Trust Company Pension Plan end-of-year assets rose from $45M in the plan year 2022 filing to $47M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 160380815 · Chemung Canal Trust Company PY 2023 · Defined Benefit (Pension)

Chemung Canal Trust Company Pension Plan · $47M · 84 · 85th

  • NET $47M
  • BOOK 84
  • VS-ST 85th
  • BOY Defined Benefit (Pension)
  • SCH near Collins Pine Company Retirement Plan
  • EBSA ind #6821

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 Pension Plan in the asset neighbourhood

Ideal Industries, Inc. Retirement PlanIdeal Industries, Inc. Retir…$47MLocal 1964 Ila Retirement FundLocal 1964 Ila Retirement Fu…$47MNew Orleans Electrical Pension FundNew Orleans Electrical Pensi…$47MCollins Pine Company Retirement PlanCollins Pine Company Retirem…$47MChemung Canal Trust Company Pension PlanChemung Canal Trust Company …$47M
End-of-year total assets ($M) among Chemung Canal Trust Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$47M
Net Income$2M
Employer EIN160380815
Plan Effective Date1959-01-01
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 Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Chemung Canal Trust Company Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Chemung Canal Trust Company Pension Plan, Total assets ($B): 0.046950486 · Participants: 84Chemung Canal Trust Company Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Chemung Canal Trust Company Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Chemung Canal Trust Company Pension Plan side-by-side with 3 peers →

Chemung Canal Trust Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Collins Pine Company Retirement Plan in OR ($47M); by covered participants it is Bear River Mutual Insurance Company Defined Benefit Plan in UT (84 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($47M here).

Similar participant headcount

Nearest other-state filings by covered participants (84 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Chemung Canal Trust Company Pension Plan assets move in 2023? ▼
Chemung Canal Trust Company Pension Plan grew at a solid clip - up 5.1% during 2023, from $45M to $47M. Reported net income was $2M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Chemung Canal Trust Company Pension Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Chemung Canal Trust Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Collins Pine Company Retirement Plan in OR ($47M, 87 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Chemung Canal Trust Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bear River Mutual Insurance Company Defined Benefit Plan in UT (84 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 160380815.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.