Plan Snapshot
- Plan Sponsor: The Canandaigua National Bank And Trust Company
- Sponsor EIN: 160373410
- Sponsor Address: 1150 PITTSFORD-VICTOR ROAD, PITTSFORD, NY, 14534
- Plan Type: DC
- Total Participants: 658
- Total Assets: $141.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2024 | 658 | $141.5M | $3.6M | $4.3M |
| 2023 | 656 | $131.9M | $4.3M | $4.0M |
| 2022 | 624 | $114.4M | $4.3M | $3.5M |
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 |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | NONE | $95,048 | — | $95,048 |
| FREED MAXICK CPAS PC | NONE | $21,000 | — | $21,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,048
- Estimated Expense Ratio: 0.082% 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 | $116,048 | — | — | $21,000 | — |
| 2023 | $67,892 | — | — | — | — |
| 2022 | $93,325 | — | — | — | $20,250 |