# Chemung Canal Trust Company DB Plan
Source: https://planprovider.pro/companies/chemung-canal-trust-company-plan-001

> Chemung Canal Trust Company&#39;s DB plan: 69 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Chemung Canal Trust Company

- **Sponsor EIN:** 160380815

- **Sponsor Address:** ONE CHEMUNG CANAL PLAZA, ELMIRA, NY, 14902

- **Plan Type:** DB

- **Total Participants:** 69

- **Total Assets:** $48.1M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|69|$48.1M|$0|$0|

| 2023|79|$47.0M|$0|$0|

| 2022|84|$44.7M|$0|$0|

## 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|

| BUCK GLOBAL, LLC|NONE|$63,035|—|$63,035|

| MENGEL METZGER BARR, LLC|NONE|$11,600|—|$11,600|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MENGEL METZGER BARR, LLC](https://planprovider.pro/provider/mengel-metzger-barr-and-co-llp) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $74,635

- **Estimated Expense Ratio:** 0.155% of plan assets

### 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|

| 2024|$114,732|—|—|$11,600|—|

| 2023|$108,876|—|—|$10,500|—|

| 2022|$98,179|—|—|—|$62,275|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/chemung-canal-trust-company-plan-001)

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