401(k) · DOL Form 5500 · 2024

Chemung Canal Trust Company 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
344
Participants Below avg headcount
87th
Percentile by assets National rank
$186,888
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Chemung Canal Trust Company Profit Sharing Savings & Investment Plan · Sponsored by Chemung Canal Trust Company · New York · Finance & Insurance

$64M in assets, 344 participants

Chemung Canal Trust Company's Chemung Canal Trust Company Profit Sharing Savings & Investment Plan reported $64M in total assets and 344 participants in its 2024 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.

  • #6,813 in Finance & Insurance (8,549 peers)

Coverage in New York

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan covers 344 participants in New York, about 43% of the average New York filer (state average ~798 per filing). Assets: $64M.

#6,813
in Finance & Insurance (8,549 peers)
+10.2%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan's outsized position by total assets

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$64,289,643 Top 13% higher than 87% of 123,620 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 2024

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Chemung Canal Trust Company Profit Sharing Savings & Investment Plan sits mid-pack in the medium band (344 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Chemung Canal Trust Company Profit Sharing Savings & Investment Plan reported net income fell from $9M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Chemung Canal Trust Company Profit Sharing Savings & Investment Plan end-of-year assets rose from $58M in the plan year 2023 filing to $64M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 160380815 · Chemung Canal Trust Company PY 2024 · 401(k)

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan · $64M · 344 · 87th

  • 5500 $64M
  • 5500 344
  • 5500 87th
  • 5500 401(k)
  • 5500 near Bl Companies 401(k) Plan
  • 5500 ind #6813

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 Profit Sharing Savings & Investment Plan in the asset neighbourhood

Chemung Canal Trust Company Profit Sharing Savings & Investment PlanChemung Canal Trust Company …$64MBl Companies 401(k) Plan$64MMattson Technology, Inc. 401(k) PlanMattson Technology, Inc. 401…$64MNational Machinery LLC Savings PlanNational Machinery LLC Savin…$64MWorld Oil Savings and Retirement PlanWorld Oil Savings and Retire…$64M
End-of-year total assets ($M) among Chemung Canal Trust Company Profit Sharing Savings & Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$64M
Net Income$6M
Employer EIN160380815
Plan Effective Date1965-01-01
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 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Chemung Canal Trust Company Profit Sharing Savings & Investment Plan, Total assets ($B): 0.064289643 · Participants: 344Chemung Canal Trust Company Profit Sharing Savings & Investment PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Chemung Canal Trust Company Profit Sharing Savings & Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants

Chemung Canal Trust Company Profit Sharing Savings & Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Bl Companies 401(k) Plan in CT ($64M); by covered participants it is Missouri Prime Beef Packers, LLC 401(k) Plan in MO (344 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($64M here).

Similar participant headcount

Nearest other-state filings by covered participants (344 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Chemung Canal Trust Company Profit Sharing Savings & Investment Plan assets move in 2024?
Chemung Canal Trust Company Profit Sharing Savings & Investment Plan grew at a solid clip - up 10.2% during 2024, from $58M to $64M. Reported net income was $6M.
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 Profit Sharing Savings & Investment Plan rank by assets among Form 5500 filers?
Chemung Canal Trust Company Profit Sharing Savings & Investment Plan ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Chemung Canal Trust Company Profit Sharing Savings & Investment Plan?
Among 401(k) plans in other states, the closest by assets is Bl Companies 401(k) Plan in CT ($64M, 382 participants).
Which 401(k) plans cover a similar participant headcount to Chemung Canal Trust Company Profit Sharing Savings & Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Missouri Prime Beef Packers, LLC 401(k) Plan in MO (344 participants, N/A in assets).