Plan Snapshot
- Plan Sponsor: Arrow Financial Corporation
- Sponsor EIN: 222448962
- Sponsor Address: 250 GLEN STREET, GLENS FALLS, NY, 12801
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 867
- Total Assets: $45.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 867 | $45.2M | $0 | $0 |
| 2024 | 541 | $40.4M | $0 | $2.0M |
| 2023 | 541 | $35.0M | $0 | $1.9M |
| 2022 | 476 | $29.7M | $0 | $1.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BONADIO & CO., LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $3,608,935 | — | — | — | — |
| 2024 | $150 | — | — | — | — |
| 2023 | $350 | — | — | — | — |
| 2022 | $350 | — | — | — | — |