2023 Form 5500 filing — Arrow Financial Corporation Profit Sharing 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015174301NAL0050739472001) for Arrow Financial Corporation Profit Sharing 401(K) Plan, reported by Arrow Financial Corporation under EIN 22-2448962 and plan number 003. It reports 884 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015174301NAL0050739472001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Arrow Financial Corporation
- EIN
- 22-2448962
- Plan number
- 003
- Location
- Glens Falls, NY
- Participants
- 884
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $35,002,503
- Total liabilities (EOY)
- $49,922
- Net assets (EOY)
- $34,952,581
- Participant contributions
- $1,892,333
- Total income / additions
- $8,123,716
- Benefits paid
- $2,824,123
- Administrative expenses
- $350
- Total expenses
- $2,870,760
- Net increase / (decrease)
- $5,252,956
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Glens Falls National Bank And Trust | TRUSTEE | $0 | $15,578 |