Upstate Companies I 401(k) match, vesting and fees
What Upstate Companies I'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 | Chemung Canal Trust Company | Schedule C ↗ |
| Independent auditor | Bonadio & Co., LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 9,213 defined-contribution plans in professional, scientific, and technical services with 100 to 499 participants.
| Upstate Companies I: employer contribution per participant | $12,234 | |
| Peer median | $2,521 |
| Upstate Companies I: average balance | $79,396 | |
| Peer median | $75,833 |
| Upstate Companies I: admin expenses ÷ assets | 0.56% | |
| Peer median | 0.27% |
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 $4.9M at the end of plan year 2021 to $9.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 142 | $9.2M | $1.4M | $12,234 | 0.56% | Not published | Form 5500 ↗ |
| 2023 | 151 | $7.4M | $1.4M | $10,885 | 0.61% | Not published | Form 5500 ↗ |
| 2022 | 133 | $4.8M | $975K | $8,123 | 0.69% | Not published | Form 5500 ↗ |
| 2021 | 121 | $4.9M | $1.4M | $12,046 | 0.06% | Not published | Form 5500 ↗ |
Common questions
Does Upstate Companies I match 401(k) contributions?
The match terms for the Upstate Companies I, LLC 401(k) Profit Sharing Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $1.4M in employer contributions, about $12,234 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Upstate Companies I 401(k) match vested?
The vesting schedule for the Upstate Companies I, LLC 401(k) Profit Sharing Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Upstate Companies I 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Chemung Canal Trust Company. The plan administrator is Upstate Companies I, LLC.
I left Upstate Companies I. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Upstate Companies I, LLC, (607) 867-4025) or the recordkeeper, Chemung Canal Trust Company. The Upstate Companies I old 401(k) page lists the contacts from every plan filing. Find an old Upstate Companies I 401(k)
Data from the public Form 5500 annual reports Upstate Companies I filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Upstate Companies I. Not financial advice. Report a correction · Methodology