Plan Snapshot
- Plan Sponsor: Tompkins Financial Corporation
- Sponsor EIN: 150470650
- Sponsor Address: P.O. BOX 460, ITHACA, NY, 148510460
- Plan Type: 401(k)
- Total Participants: 988
- Total Assets: $220.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 988 | $220.7M | $7.3M | $7.8M |
| 2023 | 994 | $207.1M | $7.5M | $8.1M |
| 2022 | 1,044 | $186.9M | $7.3M | $7.4M |
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 |
|---|---|---|---|---|
| MENGEL, METZGER, BARR & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MENGEL, METZGER, BARR & CO. — Auditor
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 |
|---|---|---|---|---|---|
| 2024 | $211,099 | — | $206,277 | — | — |
| 2023 | $173,253 | — | $173,253 | — | — |
| 2022 | $170,611 | — | $170,611 | — | — |