Canandaigua National Bank & Trust Company Employee Stock Ownership Plan — Form 5500 plan (Canandaigua National Bank And Trust Company)

Plain-English plan 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, Canandaigua National Bank & Trust Company Employee Stock Ownership Plan is a benefit plan reported by Canandaigua National Bank And Trust Company under EIN 16-0373410 and plan number 002. The latest loaded filing year is 2023. The filing reports 797 participants and $8,833,435 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.8MPlan net assets, end of year$8,833,435
Participants797Covered participants reported
Assets / participant$11.1KComputed: assets ÷ participants$11,083 (computed)
Provider compensationNone reported
Plan sponsor
Canandaigua National Bank And Trust Company
EIN
16-0373410
Plan number
002
Plan type
2
Location
Canandaigua, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023797H20241010081403NAL0019782833001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8.8M total assets
Net assets$8.8MLiabilities$0
Money in vs. money out
Total income / additions$539.9K
Total expenses$906K
Benefits paid / distributions$906K
Contributions
Employer$530K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$8,833,435
Total liabilities (EOY)
$0
Net assets (EOY)
$8,833,435
Net assets (BOY)
$9,199,510

Income & contributions

Employer contributions
$530,000
Total contributions
$530,000
Total income / additions
$539,898

Expenses & distributions

Benefits paid
$905,973
Administrative expenses
$0
Total expenses
$905,973
Net increase / (decrease)
-$366,075
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income168%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages