Defined Benefit (Pension) · DOL Form 5500 · 2023

Manufacturers and Traders Trust Co Pension Plan

Data updated 2026-08-25

$3.1B
Total assets Very large vs avg
4,228
Participants Above avg headcount
100th
Percentile by assets National rank
$744,085
Avg per participant High balance/head
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Official DOL plan name: M&t Bank Corporation Pension Plan · Sponsored by Manufacturers and Traders Trust Co · New York · Finance & Insurance

$3.1B in assets, 4,228 participants

Manufacturers and Traders Trust Co's M&t Bank Corporation Pension Plan reported $3.1B in total assets and 4,228 participants in its 2023 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.

  • #8,783 in Finance & Insurance (8,869 peers)

Coverage in New York

M&t Bank Corporation Pension Plan covers 4,228 participants in New York, 5.3x the typical New York plan (state average ~798 per filing). Assets: $3.1B.

#8,783
in Finance & Insurance (8,869 peers)
+6.9%
assets growth YoY
32×
vs typical plan assets (national mean)

M&t Bank Corporation Pension Plan's outsized position by total assets

M&t Bank Corporation Pension Plan vs every filed plan by assets

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

$3,145,991,086 Highest reported value at or above every one 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

M&t Bank Corporation Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. M&t Bank Corporation Pension Plan lands in the large band (4,228 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • M&t Bank Corporation Pension Plan reported net income rose from -$458M in the plan year 2022 filing to $204M in the plan year 2023 filing.
  • M&t Bank Corporation Pension Plan reported participants rose from 3,795 in the plan year 2022 filing to 4,228 in the plan year 2023 filing.
  • M&t Bank Corporation Pension Plan end-of-year assets rose from $2.9B in the plan year 2022 filing to $3.1B in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 160538020 · Manufacturers and Traders Trust Co PY 2023 · Defined Benefit (Pension)

M&t Bank Corporation Pension Plan · $3.1B · 4,228 · 100th

  • ASSETS $3.1B
  • PCT 4,228
  • EIN 100th
  • RANK Defined Benefit (Pension)
  • PHOTO near Consolidated Roche Retirement Plan
  • IND ind #8783

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 Pension Plan in the asset neighbourhood

Kraft Heinz Retirement Plan$3.2BM&t Bank Corporation Pension PlanM&t Bank Corporation Pension…$3.1BConsolidated Roche Retirement PlanConsolidated Roche Retiremen…$3.2BEntergy Corporation Retirement Plan for Non-Bargaining EmployeesEntergy Corporation Retireme…$3.1BWillis Towers Watson Pension Plan for U.S. EmployeesWillis Towers Watson Pension…$3.1B
End-of-year total assets ($B) among M&t Bank Corporation Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$2.9B
Net Assets (End of Year)$3.1B
Net Income$204M
Employer EIN160538020
Plan Effective Date1944-01-01
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 Defined Benefit (Pension) Plans in New York

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

M&t Bank Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 051015202530 Total assets ($B) Participants M&t Bank Corporation Pension Plan, Total assets ($B): 3.145991086 · Participants: 4228M&t Bank Corporation 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
M&t Bank Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare M&t Bank Corporation Pension Plan side-by-side with 3 peers →

M&t Bank Corporation 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 Consolidated Roche Retirement Plan in NJ ($3.2B); by covered participants it is Oncor Retirement Plan in TX (4,198 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,228 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 M&t Bank Corporation Pension Plan assets move in 2023? ▼
M&t Bank Corporation Pension Plan grew at a solid clip - up 6.9% during 2023, from $2.9B to $3.1B. Reported net income was $204M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
M&t Bank Corporation Pension Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to M&t Bank Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Consolidated Roche Retirement Plan in NJ ($3.2B, 2,130 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to M&t Bank Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Oncor Retirement Plan in TX (4,198 participants, $1.9B 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 160538020.

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.