Plan Ledger DOL Form 5500 · updated monthly

Financial Institutions, Inc.401(k)

FINANCIAL INSTITUTIONS, INC. 401(K) PLAN · WARSAW, NY · plan year 2025

Reported admin expense ratio · 2025
0.08%

Financial Institutions, Inc. reported $64,290 in plan administrative expenses for 2025: 0.08% of average plan assets, below the peer median. 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 3 years on file its reported administrative ratio fell from 0.11% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 943rd-largest of 5,648 plans among New York employers on file, and the 1,179th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$80,660,168
Participants with balances839
Active participants625
Employer contributions—
Employee contributions$4,297,367
Employer contribution per active participant—
Average account balance$96,138
Benefits paid to participants$7,018,247
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL, METZGER, BARR & CO LLP
Plan history4
Yearassets · accounts · employer contribution
2025$80.7M · 839 accts
2024$71.0M · 820 accts
2023$63.4M · 865 accts
2022$56.6M · 876 accts
What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$66,356

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

Recordkeeper by year3
2025Vanguard
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$64,290 · 0.08%
2024$66,830 · 0.10%
2023$69,598 · 0.12%
2022$67,442 · 0.11%
Same employer
Similar plansFinance & Insurance · New York
Intesa Sanpaolo S.P.A. NY$82.2M · 0.08%
Hiscox Inc. NY$82.1M · 0.20%
Gamco Investors, Inc. NY$81.5M · 0.04%
Maxim Group, LLC NY$78.0M · 0.16%
Orbimed Advisors, L.L.C. NY$76.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160816610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.