401(k) · DOL Form 5500 · 2024
Manufacturers and Traders Trust Co. 401(k) Plan
Data updated 2026-08-25
- $5.2B
- Total assets Very large vs avg
- 22,161
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $234,549
- Avg per participant Above avg balance/head
Official DOL plan name: M & T Bank Corporation Retirement Savings Plan · Sponsored by Manufacturers and Traders Trust Co. · New York · Finance & Insurance
$5.2B in assets, 22,161 participants
Manufacturers and Traders Trust Co.'s M & T Bank Corporation Retirement Savings Plan reported $5.2B in total assets and 22,161 participants in its 2024 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.
- #8,504 in Finance & Insurance (8,549 peers)
Coverage in New York
M & T Bank Corporation Retirement Savings Plan covers 22,161 participants in New York, 28x the typical New York plan (state average ~798 per filing). Assets: $5.2B.
- #8,504
- in Finance & Insurance (8,549 peers)
- +12.9%
- assets growth YoY
- 52×
- vs typical plan assets (national mean)
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 2024 · DOL Form 5500
$5,197,836,402 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
M & T Bank Corporation Retirement Savings Plan's mega-plan peer group by participant headcount
Plan-year 2024 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 (22,161 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- M & T Bank Corporation Retirement Savings Plan end-of-year assets rose from $4.6B in the plan year 2023 filing to $5.2B in the plan year 2024 filing.
- M & T Bank Corporation Retirement Savings Plan reported net income rose from $550M in the plan year 2023 filing to $593M in the plan year 2024 filing.
- M & T Bank Corporation Retirement Savings Plan reported participants fell from 22,713 in the plan year 2023 filing to 22,161 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 160538020 · Manufacturers and Traders Trust Co. PY 2024 · 401(k)
M & T Bank Corporation Retirement Savings Plan · $5.2B · 22,161 · 100th
- EIN $5.2B
- RANK 22,161
- PHOTO 100th
- IND 401(k)
- EOY near Aep Retirement Savings 401(k) Plan
- 5500 ind #8504
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
New York filing particulars
| Total Assets (Beginning of Year) | $4.6B |
|---|---|
| Net Assets (End of Year) | $5.2B |
| Net Income | $593M |
| Employer EIN | 160538020 |
| Plan Effective Date | 1986-04-01 |
| Filing Status | FILING 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
| 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.
- IBM 401(k) Plan $60.4B · 52,674
- Morgan Stanley 401(k) Plan $22.2B · 53,860
- Pfizer Savings Plan $22.0B · 33,309
- The Pepsico Savings Plan $14.9B · 137,398
- The Goldman Sachs 401(k) Plan $12.8B · 23,227
Scale composition for M & T Bank Corporation Retirement Savings Plan
M & T Bank Corporation Retirement Savings Plan reports $5.2B in end-of-year assets across 22,161 participants (0.042% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.024% of 93,925,755 covered participants) - about $234,549 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2024 was $593M.
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 | Open filing |
| 2023 | 22,713 | $4.6B | Open filing |
| 2024 · index core | 22,161 | $5.2B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- M&t Bank Corporation Pension Plan (Defined Benefit (Pension), $3.2B, 3,825 participants)
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 Aep Retirement Savings 401(k) Plan in OH ($5.2B); by covered participants it is Mclane Company, Inc. Profit Sharing Plan in TX (22,143 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5.2B here).
- Aep Retirement Savings 401(k) Plan (OH) $5.2B · 17,531
- Visa 401(k) Plan (CA) $5.2B · 13,121
- Publicis Benefits Connection 401(k) Plan (IL) $5.2B · 27,733
- Sysco Corporation Employees' 401(k) Plan (TX) $5.3B · 44,285
Similar participant headcount
Nearest other-state filings by covered participants (22,161 participants); asset peers above are excluded.
- Mclane Company, Inc. Profit Sharing Plan (TX) 22,143 · 18 off
- Weis Markets, Inc. Retirement Savings Plan (PA) 22,246 · 85 off
- Oak View Group 401(k) Plan (PA) 22,064 · 97 off
- Yum Brands 401(k) Plan (KY) 22,260 · 99 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.