ESOP · DOL Form 5500 · 2023
M&t Bank Corporation ESOP
Data updated 2026-08-25
- N/A
- Total assets —
- 1
- Participants Small participant base
Official DOL plan name: Employee Stock Ownership Plan of People's United Financial, Inc. · Sponsored by M&t Bank Corporation · New York · Finance & Insurance
N/A in assets, 1 participants
M&t Bank Corporation's Employee Stock Ownership Plan of People's United Financial, Inc. reported N/A in total assets and 1 participant in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
M&t Bank Corporation multi-year trail
M&t Bank Corporation's plans moved -99.3% in assets from 2022 to 2023; this filing shows Employee Stock Ownership Plan of People's United Financial, Inc. at N/A / 1 participant.
- -$323K
- reported net income
The plan reported a net loss of $323K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Employee Stock Ownership Plan of People's United Financial, Inc. among micro filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Employee Stock Ownership Plan of People's United Financial, Inc. is a micro filing (1 participant), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Employee Stock Ownership Plan of People's United Financial, Inc. reported net income fell from $31M in the plan year 2022 filing to -$323K in the plan year 2023 filing.
- Employee Stock Ownership Plan of People's United Financial, Inc. reported participants fell from 4,401 in the plan year 2022 filing to 1 in the plan year 2023 filing.
DOL schedule card
Filing strip 160968385 · M&t Bank Corporation PY 2023 · ESOP
Employee Stock Ownership Plan of People's United Financial, Inc. · N/A · 1
- 5500 N/A
- ASSETS 1
- PCT PY 2023
- EIN ESOP
- RANK near Residential Mortgage Funding, Inc. E.S.O.P.
- PHOTO -$323K
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 What is an ESOP? → · Plans in New York →
M&t Bank Corporation multi-year asset trail
Sponsor-wide plan assets over time
All M&t Bank Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $323K 99.30640941721187% vs 2022
- 2023 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,401 | $47M |
| 2023 | 2 | 3,288 | $323K |
M&t Bank Corporation filing trail (2023)
| Total Assets (Beginning of Year) | $323K |
|---|---|
| Net Assets (End of Year) | N/A |
| Net Income | -$323K |
| Employer EIN | 160968385 |
| Plan Effective Date | 2007-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in New York
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Stewart's Shops Corp Employee Stock Ownership Plan $877M · 3,439
- North Coast Holdings Employee Stock Ownership Plan $406M · 4,467
- Griffon Corporation Employee Stock Ownership Plan $299M · 3,674
- Greenman-Pedersen, Inc. Employee Stock Ownership Plan $248M · 1,704
- H.C. Wainwright & Co. Employee Stock Ownership Plan $242M · 93
Employee Stock Ownership Plan of People's United Financial, Inc.'s closest out-of-state ESOP peers by headcount
Outside New York, the nearest ESOP by covered participants is Residential Mortgage Funding, Inc. E.S.O.P. in CA (1 participant; this filing: 1 participant).
Similar participant headcount
Nearest other-state filings by covered participants (1 participant); 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.