Manufacturers and Traders Trust 401(k) match, vesting and fees
What Manufacturers and Traders Trust's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | T Rowe Price Rps Inc | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 104 defined-contribution plans in finance and insurance with 10,000 to 49,999 participants.
| Manufacturers and Traders Trust: employer contribution per participant | $4,915 | |
| Peer median | $3,632 |
| Manufacturers and Traders Trust: average balance | $168,843 | |
| Peer median | $158,797 |
| Manufacturers and Traders Trust: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.04% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $4.6B at the end of plan year 2023 to $5.2B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 32,455 | $5.2B | $151M | $4,915 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 32,068 | $4.6B | $141M | $4,531 | 0.06% | Not published | Form 5500 ↗ |
Other Manufacturers and Traders Trust plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Jeg Contracting Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
M&T Bank Corporation Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Alight Solutions LLC | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Manufacturers and Traders Trust match 401(k) contributions?
The match terms for the M & T Bank Corporation Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $151M in employer contributions, about $4,915 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Manufacturers and Traders Trust 401(k) match vested?
The vesting schedule for the M & T Bank Corporation Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Manufacturers and Traders Trust 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is T Rowe Price Rps Inc. The plan administrator is M&T Bank Employee Benefit Plans Committee.
I left Manufacturers and Traders Trust. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (M&T Bank Employee Benefit Plans Committee, (716) 842-5746) or the recordkeeper, T Rowe Price Rps Inc. The Manufacturers and Traders Trust old 401(k) page lists the contacts from every plan filing. Find an old Manufacturers and Traders Trust 401(k)
Data from the public Form 5500 annual reports Manufacturers and Traders Trust filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Manufacturers and Traders Trust. Not financial advice. Report a correction · Methodology