Plan Ledger DOL Form 5500 · updated monthly

Arrow Financial Corporation401(k)

ARROW FINANCIAL CORPORATION PROFIT SHARING 401(K) PLAN · GLENS FALLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

Arrow Financial Corporation reported $150 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.001% to 0.000%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,592nd-largest of 5,648 plans among New York employers on file, and the 1,953rd of 4,798 in finance & insurance. active participation has grown from 476 to 541 since 2022.

Plan summary
Net assets, end of year$40,181,134
Participants with balances744
Active participants541
Employer contributions—
Employee contributions$2,001,260
Employer contribution per active participant—
Average account balance$54,007
Benefits paid to participants$3,191,881
Plan auditUnmodified (clean) audit opinion
AuditorWHITTEMORE DOWEN & RICCIARDELLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.2M · 744 accts
2023$35.0M · 689 accts
2022$29.7M · 802 accts
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
GLENS FALLS NATIONAL BANK AND TRUST · Recordkeeping · Trusteeindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024GLENS FALLS NATIONAL BANK AND TRUST
2023GLENS FALLS NATIONAL BANK AND TRUST

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Administrative cost history3
2024$150 · 0.00%
2023$350 · 0.00%
2022$350 · 0.00%
All plans at this employer2
ARROW FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
ARROW FINANCIAL CORPORATION PROFIT SHARING 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 222448962 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.