# M&T Bank Corporation Flexible Benefits Plan Health & Welfare Plan
Source: https://planprovider.pro/companies/m-t-bank-corporation-flexible-benefits-plan-160968385-520

> M&T Bank Corporation Flexible Benefits Plan's Health & Welfare plan: 23,008 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** M&T Bank Corporation Flexible Benefits Plan

- **Sponsor EIN:** 160968385

- **Sponsor Address:** 1 M AND T PLZ, BUFFALO, NY, 142032309

- **Plan Type:** Health & Welfare

- **Plan Number:** 520

- **Total Participants:** 23,008

- **Total Assets:** $0

## 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|23,008|$0|$0|$0|

| 2023|24,029|$0|$0|$0|

| 2022|22,497|$0|$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|

| AETNA LIFE INSURANCE COMPANY|Recordkeeper|$12,071,850|—|$12,071,850|

| CVS CAREMARK|Recordkeeper|$2,066,820|—|$2,066,820|

| DELTA DENTAL OF NY|Recordkeeper|$619,977|—|$619,977|

| FIRST UNUM LIFE INSURANCE COMPANY|Recordkeeper|$348,136|—|$348,136|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $15,106,783

### 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|—|—|—|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

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