Defined Benefit (Pension) · DOL Form 5500 · 2023

Arrow Financial Corporation Pension Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
399
Participants Below avg headcount
87th
Percentile by assets National rank
$148,370
Avg per participant Above avg balance/head
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Official DOL plan name: Arrow Financial Corporation Employees Pension Plan and Trust · Sponsored by Arrow Financial Corporation · New York · Finance & Insurance

$59M in assets, 399 participants

Arrow Financial Corporation's Arrow Financial Corporation Employees Pension Plan and Trust reported $59M in total assets and 399 participants in its 2023 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.

  • #7,119 in Finance & Insurance (8,869 peers)

Where Arrow Financial Corporation Employees Pension Plan and Trust sits by assets

Arrow Financial Corporation Employees Pension Plan and Trust sits in the top quartile of all filed plans by assets, $59M for 399 participants (~$148,370/participant), up 9.0% in 2023.

#7,119
in Finance & Insurance (8,869 peers)
+9.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Arrow Financial Corporation Employees Pension Plan and Trust's outsized position by total assets

Arrow Financial Corporation Employees Pension Plan and Trust vs every filed plan by assets

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

$59,199,513 Top 13% higher than 87% 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

Arrow Financial Corporation Employees Pension Plan and Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Arrow Financial Corporation Employees Pension Plan and Trust sits mid-pack in the medium band (399 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Arrow Financial Corporation Employees Pension Plan and Trust reported net income rose from -$15M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Arrow Financial Corporation Employees Pension Plan and Trust end-of-year assets rose from $54M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Arrow Financial Corporation Employees Pension Plan and Trust reported participants fell from 422 in the plan year 2022 filing to 399 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 222448962 · Arrow Financial Corporation PY 2023 · Defined Benefit (Pension)

Arrow Financial Corporation Employees Pension Plan and Trust · $59M · 399 · 87th

  • 5500 $59M
  • ASSETS 399
  • PCT 87th
  • EIN Defined Benefit (Pension)
  • RANK near Covia Holdings Corporation Pension Plan
  • PHOTO ind #7119

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 →

Arrow Financial Corporation Employees Pension Plan and Trust in the asset neighbourhood

Cumberland, Md & Vicinity Building & Construction Employees Trust FundCumberland, Md & Vicinity Bu…$59MArrow Financial Corporation Employees Pension Plan and TrustArrow Financial Corporation …$59MCovia Holdings Corporation Pension PlanCovia Holdings Corporation P…$59MM.S.S.a.-I.L.a. Pension Plan$59MPerini Corporation Pension PlanPerini Corporation Pension P…$59M
End-of-year total assets ($M) among Arrow Financial Corporation Employees Pension Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$59M
Net Income$5M
Employer EIN222448962
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Arrow Financial Corporation)

Sponsor-wide plan assets over time

All Arrow Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$132M 14.975930928648115% vs 2022
2024 filing year
$110M$120M$130M$140M 202220232024 $115M $132M ▲ +15.0%
Year Plans Participants Total Assets
2022 3 1,364 $115M
2023 3 1,309 $122M
2024 3 1,344 $132M

Nearby Defined Benefit (Pension) Plans in New York

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

Arrow Financial Corporation Employees Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Arrow Financial Corporation Employees Pension Plan and Trust, Total assets ($B): 0.059199513 · Participants: 399Arrow Financial Corporation Employees Pension Plan and TrustIBM 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
Arrow Financial Corporation Employees Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Arrow Financial Corporation Employees Pension Plan and Trust side-by-side with 3 peers →

Arrow Financial Corporation Employees Pension Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Covia Holdings Corporation Pension Plan in OH ($59M); by covered participants it is Ada Employees' Retirement Plan in IL (399 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (399 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 Arrow Financial Corporation Employees Pension Plan and Trust assets move in 2023? ▼
Arrow Financial Corporation Employees Pension Plan and Trust grew at a solid clip - up 9.0% during 2023, from $54M to $59M. Reported net income was $5M.
How have Arrow Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Arrow Financial Corporation's sponsor-wide assets grew 15.0%, from $115M to $132M.
Where does Arrow Financial Corporation Employees Pension Plan and Trust rank by assets among Form 5500 filers? ▼
Arrow Financial Corporation Employees Pension Plan and Trust ranks in the 87th 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 Arrow Financial Corporation Employees Pension Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Covia Holdings Corporation Pension Plan in OH ($59M, 254 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Arrow Financial Corporation Employees Pension Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ada Employees' Retirement Plan in IL (399 participants, $181M 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 222448962.

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.