Manufacturers and Traders Trust Co.
72
Plan:
41
72
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (72) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $148,300 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
M&T Bank Corporation Retirement Savings Plan is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Total Plan Cost. M&T Bank Corporation Retirement Savings Plan currently has over 17,300 active participants and over $1.1B in plan assets.
Retirement Plan Details
| Address |
One M And T Plaza, 11th Floor
Buffalo, NY 14203-2301 |
| Industry | Trusts, Estates, and Agency Accounts |
| Administrator | Ann Marie Odrobina |
| Net Plan Assets | $1,140,000,000 |
| Total Participants | 17,000 |
| Avg Account Balance | $66,000 |
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