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Original filing (PDF)20251008161032NAL0013826722001

MANUFACTURERS AND TRADERS TRUST CO

Form 5500
FILING_RECEIVED
M&T BANK CORPORATION PENSION PLAN
Defined-benefit pension plan
Signals · 1
No recordkeeper disclosed
Active participants
3,459
Accounts w/ balance
Plan assets (EOY)
$3.2B
Net assets (EOY)
$3.2B
How this plan invests
This plan
2 pooled trusts
Schedule D
1,648 securities
funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • 11 bps in Schedule C fees — 129% above peer band of 5 bps.
  • No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MANUFACTURERS AND TRADERS TRUST CO.
Plan sponsor
Name
MANUFACTURERS AND TRADERS TRUST CO
EIN
16-0538020
Address
ONE M T PLAZA · BUFFALO, NY · 14203
Phone
(716) 842-5872
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-08
Pension benefit codes
1A · Pay-related DB formula
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
PRICEWATERHOUSECOOPERS LLP
Trustee / custodian
Trustee phone

Service providers (Schedule C)

4 rows
Other
4
NameEINLocationRelationDirect compIndirect comp
WILLIS TOWERS WATSON US LLC53-0181291NONE$3.6M
PRICEWATERHOUSE COOPERS LLP16-4008324NONE$82K
O'MELVENY & MEYERS LLPLOS ANGELES, CANONE$30K
ALIGHT SOLUTIONS LLC82-1061233NONE$9K

Investments

1,630 direct securities · 2 pooled funds· $3.2B(98% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Uncategorized
$3.0B
1629 holdings
Common Collective Trust
$145.4M
2 holdings
Mutual Funds
$39.0M
1 holding
PIInvestmentTypeShares / unitsCostCurrent value% of plan
WILMINGTON INTERNATIONAL FUND INSTITUTIONAL SHARES$132.8M$153.4M4.8%
M & T BANK CORPORATION$27.2M$134.5M4.2%
T. ROWE PRICE LARGECAP GROWTH TRUST
T. ROWE PRICE TRUST COMPANY · EIN 32-6528532 / PN 001
Common Collective Trust
$41.4M$130.3M4.1%
WILMINGTON REAL ASSET FUND INSTITUTIONAL SHARES$114.4M$109.8M3.4%
ISHARES RUSSELL 1000 GROWTH ETF$44.7M$71.8M2.2%
VANGUARD SHORT-TERM TREASURY INDEX FUND$69.8M$69.0M2.2%
COLUMBIA OVERSEAS VALUE FUND$64.7M$65.0M2.0%
WCM FOCUSED INTERNATIONAL GROWTH FUND CLASS INSTITUTIONAL$58.4M$64.0M2.0%
GMO OPPORTUNISTIC INCOME FUND$63.0M$60.1M1.9%
BAILLIE GIFFORD EMERGING MKTS FUND CLASS K$67.4M$58.6M1.8%
ISHARES RUSSELL 2000 ETF$35.9M$47.4M1.5%
ISHARES RUSSELL 1000 VALUE ETF$40.1M$47.3M1.5%
EMINENCE FUND, LTD CLASS A INITIAL SERIES$29.5M$46.3M1.4%
ISHARES CORE MSCI EMERGING MARKETS ETF$42.6M$42.2M1.3%
SEG PARTNERS OFFSHORE LTD PART A1S1$21.9M$42.1M1.3%
Exchange-traded funds ISHARES CORE MSCI EAFEETF$34.1M$41.0M1.3%
ISHARES RUSSELL 1000 ETF$27.8M$41.0M1.3%
ANGEL OAK ULTRASHORT BOND FUND
Mutual Funds
$39.5M$39.0M1.2%
ONE ROCK CAPITAL PARTNERS III, LP$17.4M$35.8M1.1%
WILMINGTON GLOBAL ALPHA EQUITIES FUND$30.8M$35.4M1.1%
JOHCM INTERNATIONAL SELECT FUND$29.5M$32.0M1.0%
HUDSON BAY INT'L FUND LTD - AR T2$29.2M$30.8M1.0%
BBH LIMITED DURATION FUND-I$29.8M$30.3M0.9%
LLR EQUITY PARTNERS INTERNATIONAL V, L.P.$8.5M$29.1M0.9%
ISHARES S&P SMALL-CAP 600 VALUE ETF$24.6M$27.9M0.9%
Limited partner and member interests AKO FUND LIMITED$14.7M$27.4M0.9%
BLACKROCK EVENT DRIVEN EQUITY FUND CLASS INSTITUTIONAL$25.9M$26.5M0.8%
REGAN TOTAL RETURN INCOME FUND$26.5M$26.3M0.8%
JPMORGAN MORTGAGE-BACKED SECURITIES FUND CLASS R6$26.6M$26.2M0.8%
CROSSINGBRIDGE LOW DURATION HIGH YIELD FUND$27.0M$26.0M0.8%
EASTERLY INCOME OPPORTUNITIES FUND CLASS R6$27.2M$25.9M0.8%
INSIGHT PARTNERS (CAYMAN) XII, L.P. - MTBP$26.1M$25.4M0.8%
ISHARES MSCI EAFE VALUE ETF$24.4M$25.4M0.8%
CABOT INDUSTRIAL VALUE FUND VI, L.P.$18.1M$23.4M0.7%
LLR EQUITY PARTNERS INT'L VI LP$17.7M$21.9M0.7%
RENAISSANCE INSTITUTIONAL DIVERSIFIED GLOBAL EQUITIES ONSHORE FUND L.P.$23.0M$21.7M0.7%
RIVER CANYON TOTAL RETURN BOND FUND CLASS INSTITUTIONAL$21.7M$21.5M0.7%
BLACKSTONE ALTERNATIVE MULTI-STRATEGY FUND CLASS INSTITUTIONAL$20.5M$21.0M0.7%
APPLE INC$3.9M$19.8M0.6%
WILMINGTON US GOVERNMENT MONEY MARKET FUND CLASS SELECT$19.3M$19.3M0.6%
MONARCH CAPITAL PARTNERS OFFSHORE V LIMITED PARTNERSHIP$12.8M$18.8M0.6%
NVIDIA CORP COM$641K$17.3M0.5%
AXONIX STRATEGIC INCOME FUND$17.0M$17.3M0.5%
JPMORGAN LIMITED DURATION BOND ETF$17.2M$17.1M0.5%
MICROSOFT CORP$3.9M$17.0M0.5%
BLACKROCK PRIVATE OPPORTUNITIES FUND III T.E.$11.5M$16.0M0.5%
TCW FLEXIBLE INCOME ETF$17.3M$16.0M0.5%
RENAISSANCE INSTITUTIONAL EQUITIES FUND LLC$9.3M$16.0M0.5%
TCG 3.0-B, LP - MTBP$18.0M$15.6M0.5%
FORESITE CAPITAL FUND VI LP$13.6M$15.2M0.5%
CORTLAND ENHANCED VALUE FD V LP$17.5M$15.2M0.5%
ARISTOTLE COLLECTIVE INVSTMNT TRUST
SEI TRUST COMPANY · EIN 81-2704975 / PN 095
Common Collective Trust
$15.7M$15.1M0.5%
WILMINGTON US GOVERNMENT MONEY MARKET FUND CLASS SELECT 60 * WILMINGTON US GOVERNMENT MONEY MARKET FUND CLASS SELECT$14.3M$14.3M0.4%
BLACKROCK PRIVATE OPPORTUNITIES FUND IV LP$8.0M$13.9M0.4%
CERBERUS GLOBAL NPL FUND ALTERNATE INVESTMENT VEHICLE II SCA$2.9M$13.8M0.4%
BRAMSHILL MULTI STRATEGY INC FUND CLASS INSTITUTIONAL$12.8M$12.9M0.4%
MONARCH CAPITAL PARTNERS OFFSHORE VI LIMITED PARTNERSHIP$10.7M$12.3M0.4%
AMAZON.COM INC$3.1M$11.1M0.3%
CROSSBRIDGE ULTRA-SHORT DURATION FUND$10.8M$10.8M0.3%
RIVERPARK SHORT-TERM HIGH YIELD FUND CLASS INSTITUTIONAL$10.8M$10.8M0.3%
UNITED STATES TREASURY NOTES 1.625% 8/15/29$11.2M$10.0M0.3%
UNITED STATES TREASURY BONDS 4.250% 11/15/34$9.4M$9.3M0.3%
UNITED STATES TREASURY NOTES 1.250% 9/30/28$8.5M$8.9M0.3%
RATIONAL SPECIAL SITUATIONS INCOME FUND$9.4M$8.9M0.3%
UNITED STATES TREASURY NOTES 3.625% 3/31/30$9.0M$8.7M0.3%
Guaranteed deposit fund * PRUDENTIAL INSURANCE CO. CONTRACT #003676$7.5M$7.5M0.2%
META PLATFORMS, INC-A$1.6M$6.9M0.2%
Commercial Paper CANADIAN NATL RY CO DISCOUNT COMMERCIAL PAPER 01/14/25$6.4M$6.4M0.2%
UNITED STATES TREASURY NOTES 1.500% 1/31/27$6.9M$6.4M0.2%
BLACKROCK PRIVATE OPPORTUNITIES FUND V (LUX) SCSP - MTBP$5.0M$6.3M0.2%
UNITED STATES TREASURY NOTES 4.875% 10/31/28$6.1M$6.1M0.2%
TESLA INC.$1.1M$6.1M0.2%
ALPHABET INC CL A$1.5M$6.1M0.2%
UNITED STATES TREASURY NOTES 0.625% 11/30/27$6.5M$5.9M0.2%
BROADCOM INC$845K$5.8M0.2%
UNITED STATES TREASURY NOTES 2.250% 11/15/27$6.1M$5.7M0.2%
CERBERUS GLOBAL NPL FEEDER FUND, LP$7.8M$5.5M0.2%
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL 4.500% 9/01/52$5.7M$5.5M0.2%
APOLLO ACCORD OFFSHORE VI, LP$5.1M$5.4M0.2%
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL 2.500% 5/01/52$5.9M$5.4M0.2%
ALPHABET INC CL C$1.2M$5.1M0.2%
UNITED STATES TREASURY NOTES 2.375% 3/31/29$5.4M$5.1M0.2%
UNITED STATES TREASURY NOTES 4.125% 11/15/32$5.0M$5.0M0.2%
DUKE ENERGY CORP DISCOUNT COMMERCIAL PAPER 01/03/25$5.0M$5.0M0.2%
UNITED STATES TREASURY BONDS 4.125% 8/15/53$5.0M$4.9M0.2%
UNITED STATES TREASURY NOTES 3.875% 8/15/34$5.2M$4.8M0.2%
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL 4.500% 10/01/52$4.8M$4.7M0.1%
CORTLAND ENHANCED VALUE FD VIP$4.7M$4.7M0.1%
UNITED STATES TREASURY BONDS 3.250% 5/15/42$5.6M$4.6M0.1%
APPLE INC$1.3M$4.6M0.1%
UNITED STATES TREASURY NOTES 2.375% 5/15/29$5.1M$4.6M0.1%
UNITED STATES TREASURY BONDS 4.250% 8/15/54$5.2M$4.6M0.1%
UNITED STATES TREASURY NOTES 3.375% 5/15/33$4.7M$4.5M0.1%
WILMINGTON US GOVERNMENT MONEY MARKET FUND CLASS SELECT 8 * WILMINGTON US GOVERNMENT MONEY MARKET FUND CLASS SELECT$4.4M$4.4M0.1%
APPLE INC$501K$4.4M0.1%
UNITED STATES TREASURY NOTES 3.500% 2/15/33$4.7M$4.4M0.1%
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL 3.000% 5/01/52$4.9M$4.4M0.1%
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL 5.000% 12/01/52$4.4M$4.3M0.1%
MICROSOFT CORP$1.1M$4.3M0.1%
MORGAN STANLEY MEDIUM TERM NOTE 7/23/25$4.4M$4.2M0.1%
UNITED STATES TREASURY BONDS 3.625% 2/15/53$4.9M$4.1M0.1%
BANK NOVA SCOTIA MEDIUM TERM NOTE CONVERTIBLE 6/04/27$3.9M$4.0M0.1%
PARKER HANNIFIN CORP DISCOUNT COMMERCIAL PAPER 01/23/25$4.0M$4.0M0.1%
MICROSOFT CORP$1.6M$3.9M0.1%
WILMINGTON US GOVERNMENT MONEY MARKET FUND CLASS SELECT$3.9M$3.9M0.1%
BLACKROCK TAXABLE MUNICIPAL BOND TRUST$3.8M$3.9M0.1%
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL 2.500% 12/01/51$4.9M$3.9M0.1%
NVIDIA CORP COM$737K$3.8M0.1%
BANK OF AMERICA CORP MEDIUM TERM NOTE 8/01/25$4.0M$3.8M0.1%
APPLE INC 2/23/26$4.0M$3.8M0.1%
FEDERAL HOME LOAN MORTGAGE CORP POOL 5.500% 7/01/54$3.6M$3.6M0.1%
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL 3.500% 6/01/52$3.9M$3.6M0.1%
ELI LILLY & CO$543K$3.6M0.1%
WILMINGTON US GOVERNMENT MONEY MARKET FUND CLASS SELECT 14 * WILMINGTON US GOVERNMENT MONEY MARKET FUND CLASS SELECT$3.5M$3.5M0.1%
UNITED STATES TREASURY NOTES 1.750% 11/15/29$4.0M$3.5M0.1%
UNITED STATES TREASURY BONDS 2.500% 5/15/46$5.1M$3.5M0.1%
WELLS FARGO & COMPANY MEDIUM TERM NOTE 6/03/26$3.6M$3.4M0.1%
BROADCOM INC$622K$3.3M0.1%
FLORIDA POWER & LIGHT CO 5/15/28$3.4M$3.3M0.1%
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL 4.000% 5/01/52$3.6M$3.3M0.1%
JPMORGAN CHASE & CO 2/24/26$3.3M$3.3M0.1%
NUVEEN TAXABLE MUNICIPLE INCOME FUND$3.2M$3.2M0.1%
US BANCORP 10/21/33$3.2M$3.2M0.1%
CLEAN HARBORS INC$885K$3.2M0.1%
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL 2.000% 3/01/52$3.6M$3.2M0.1%
FEDERAL HOME LOAN MORTGAGE CORP POOL 5.500% 7/01/53$3.1M$3.2M<0.1%
KKR LENDING PARTNERS EUROPE (TE) FEEDER L.P.$6.2M$3.1M<0.1%
SOUTHERN CO GAS CAP 9/15/34$3.1M$3.0M<0.1%
MERCEDES-BENZ FIN DISCOUNT COMMERCIAL PAPER 01/10/25$3.0M$3.0M<0.1%
FEDERAL HOME LOAN MORTGAGE CORP POOL 6.000% 9/01/53$2.9M$3.0M<0.1%
DIGITAL REALTY TRUST 1/15/28$2.9M$2.9M<0.1%
KKR SPECIAL SITUATIONS (TE) II L.P.$4.4M$2.9M<0.1%
BROADCOM INC 2/15/30$3.0M$2.9M<0.1%
CITIGROUP INC 10/21/26$2.9M$2.9M<0.1%
AMAZON.COM INC$1.5M$2.9M<0.1%
AMERICAN EXPRESS CO 8/01/25$2.9M$2.9M<0.1%
UNITED STATES TREASURY BONDS 2.750% 11/15/47$3.9M$2.8M<0.1%
WILMINGTON US GOVERNMENT MONEY MARKET FUND CLASS SELECT$2.8M$2.8M<0.1%
CACI INTERNATIONAL INC CL A$1.4M$2.7M<0.1%
CAE INCORPORATED$2.1M$2.7M<0.1%
UNITED STATES TREASURY BONDS 4.000% 11/15/42$3.0M$2.7M<0.1%
ALPHABET INC CL C$326K$2.7M<0.1%
EXXON MOBIL CORP COPY$1.9M$2.7M<0.1%
BWX TECHNOLOGIES INC$1.2M$2.6M<0.1%
TOTALENERGIES CAP DISCOUNT COMMERCIAL PAPER 03/19/25$2.6M$2.6M<0.1%
HALOZYME THERAPEUTICS INCORPORATED$1.2M$2.6M<0.1%
AMAZON.COM INC 5/12/31$3.0M$2.6M<0.1%
TARGA RESOURCES CORP 3/15/33$2.5M$2.6M<0.1%
ENTEGRIS INC$1.1M$2.6M<0.1%
BANK OF NOVA SCOTIA MEDIUM TERM NOTE CONVERTIBLE 1/10/25$2.5M$2.5M<0.1%
Description Current Value FIRSTENERGY CORP 7/15/27$2.5M$2.5M<0.1%
Description Current Value KBR INC$1.2M$2.5M<0.1%
CHARLES SCHWAB CORP 3/02/27$2.4M$2.5M<0.1%
GENERAL MOTORS FINL CO 1/15/25$2.5M$2.5M<0.1%
CANADIAN IMPERIAL BANK 1/28/25$2.5M$2.5M<0.1%
UNITEDHEALTH GROUP INC$920K$2.5M<0.1%
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL 2.000% 2/01/51$3.2M$2.4M<0.1%
L3HARRIS TECH INC 6/01/34$2.4M$2.4M<0.1%
UNITED STATES TREASURY BONDS 1.375% 8/15/50$4.9M$2.4M<0.1%
ALPHABET INC CL C$2.2M$2.4M<0.1%
ALPHABET INC 8/15/26$2.4M$2.4M<0.1%
JPMORGAN CHASE & CO 1/23/29$2.5M$2.4M<0.1%
BANK OF AMERICA CORP 12/20/28$2.5M$2.4M<0.1%
UNITED STATES TREASURY BONDS 4.250% 2/15/54$2.5M$2.4M<0.1%
EATON CORP 8/23/52$2.7M$2.4M<0.1%
COMCAST CORP 2/01/27$2.4M$2.3M<0.1%
THE CIGNA GROUP 3/15/26$2.3M$2.3M<0.1%
ABBVIE INC 5/14/25$2.3M$2.3M<0.1%
UNITED STATES TREASURY NOTES 1.250% 4/30/28$2.4M$2.3M<0.1%
CAMPBELL SOUP CO 3/19/25$2.3M$2.3M<0.1%
JPMORGAN CHASE & CO$657K$2.3M<0.1%
COSTCO WHOLESALE CORP COM$679K$2.2M<0.1%
TRUIST FINANCIAL CORP MEDIUM TERM NOTE 6/08/34$2.2M$2.2M<0.1%
HUNTINGTON BANCSHARES INC 8/21/29$2.1M$2.2M<0.1%
PROCTER & GAMBLE CO COM$1.5M$2.2M<0.1%
COMERICA INC 1/30/30$2.1M$2.2M<0.1%
GOLDMAN SACHS GROUP INC 1/26/27$2.3M$2.2M<0.1%
BROADCOM INC$312K$2.2M<0.1%
WALMART INC.$754K$2.1M<0.1%
DTE ENERGY CO 6/01/28$2.1M$2.1M<0.1%
UNITED STATES TREASURY BONDS 2.875% 5/15/52$2.8M$2.1M<0.1%
FEDERAL HOME LOAN MORTGAGE CORP POOL 4.000% 5/01/52$2.3M$2.1M<0.1%
HOME DEPOT INC COM$861K$2.1M<0.1%
NETFLIX INC.$446K$2.1M<0.1%
KEYCORP 3/06/35$2.0M$2.1M<0.1%
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL 5.000% 8/01/52$2.1M$2.0M<0.1%
API GROUP CORP$1.4M$2.0M<0.1%
INGREDION INC$1.2M$2.0M<0.1%
VOLKSWAGEN AUTO LOAN ENHANCED ASSET BCKD SEC SER 2024-1 CL A2A 11/22/27$2.0M$2.0M<0.1%
PORSCHE INNOVATIVE LEASE OWNER ASSET BCKD SEC SER 2024-2A CL A2A 12/21/26$2.0M$2.0M<0.1%
BANK OF AMERICA CORP MEDIUM TERM NOTE 1/22/25$2.2M$2.0M<0.1%
DOMINION ENERGY INC 3/15/25$2.0M$2.0M<0.1%
DUKE ENERGY CORP DISCOUNT COMMERCIAL PAPER 01/06/25$2.0M$2.0M<0.1%
ENTERGY CORP DISCOUNT COMMERCIAL PAPER 01/09/25$2.0M$2.0M<0.1%
SHELL INTERNATIONAL FIN 5/10/26$2.0M$2.0M<0.1%
CAPITAL ONE FINANCIAL CO 3/09/27$2.0M$2.0M<0.1%
AMERICAN HONDA FINANCE MEDIUM TERM NOTE 9/10/25$2.0M$1.9M<0.1%
WOODWARD INCORPORATED (FORMERLY-WOODWARD GOVERNOR CO COM)$613K$1.9M<0.1%
UNITED STATES TREASURY NOTES 4.000% 2/15/34$2.0M$1.9M<0.1%
FEDERAL HOME LOAN MORTGAGE CORP POOL 5.000% 5/01/53$1.8M$1.9M<0.1%
Showing top 200 of 1,632 investments by value.