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MTB CORPORATION RETIREMENT PLAN 401k Plan overview

Plan NameMTB CORPORATION RETIREMENT PLAN
Plan identification number 001

MTB CORPORATION RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MTB CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:MTB CORPORATION
Employer identification number (EIN):454235555
NAIC Classification:454390
NAIC Description:Other Direct Selling Establishments

Additional information about MTB CORPORATION

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1992-05-14
Company Identification Number: V36989
Legal Registered Office Address: 80 S.W. 8TH STREET

MIAMI

33130

More information about MTB CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MTB CORPORATION RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01MICHAEL T. BAKER
0012016-01-01MICHAEL T. BAKER
0012015-01-01MICHAEL T. BAKER
0012014-01-01MICHAEL T. BAKER
0012013-01-01MICHAEL T. BAKER
0012012-01-11MICHAEL T. BAKER

Plan Statistics for MTB CORPORATION RETIREMENT PLAN

401k plan membership statisitcs for MTB CORPORATION RETIREMENT PLAN

Measure Date Value
2023: MTB CORPORATION RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-015
Total number of active participants reported on line 7a of the Form 55002023-01-014
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-014
Number of participants with account balances2023-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: MTB CORPORATION RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-015
Total number of active participants reported on line 7a of the Form 55002022-01-015
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-015
Number of participants with account balances2022-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: MTB CORPORATION RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-016
Total number of active participants reported on line 7a of the Form 55002021-01-015
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-015
Number of participants with account balances2021-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: MTB CORPORATION RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-016
Total number of active participants reported on line 7a of the Form 55002020-01-016
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-016
Number of participants with account balances2020-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: MTB CORPORATION RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-014
Total number of active participants reported on line 7a of the Form 55002019-01-016
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-016
Number of participants with account balances2019-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: MTB CORPORATION RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-016
Total number of active participants reported on line 7a of the Form 55002018-01-014
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-014
Number of participants with account balances2018-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: MTB CORPORATION RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-014
Total number of active participants reported on line 7a of the Form 55002017-01-015
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-015
Number of participants with account balances2017-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: MTB CORPORATION RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-012
Total number of active participants reported on line 7a of the Form 55002016-01-014
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-014
Number of participants with account balances2016-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: MTB CORPORATION RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-013
Total number of active participants reported on line 7a of the Form 55002015-01-012
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-012
Number of participants with account balances2015-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: MTB CORPORATION RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-013
Total number of active participants reported on line 7a of the Form 55002014-01-013
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-013
Number of participants with account balances2014-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: MTB CORPORATION RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011
Total number of active participants reported on line 7a of the Form 55002013-01-013
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-013
Number of participants with account balances2013-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: MTB CORPORATION RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-111
Total number of active participants reported on line 7a of the Form 55002012-01-111
Number of retired or separated participants receiving benefits2012-01-110
Number of other retired or separated participants entitled to future benefits2012-01-110
Total of all active and inactive participants2012-01-111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-110
Total participants2012-01-111
Number of participants with account balances2012-01-111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-110

Financial Data on MTB CORPORATION RETIREMENT PLAN

Measure Date Value
2023 : MTB CORPORATION RETIREMENT PLAN 2023 401k financial data
Total income from all sources2023-12-31$14,797
Expenses. Total of all expenses incurred2023-12-31$0
Total plan assets at end of year2023-12-31$348,404
Total plan assets at beginning of year2023-12-31$333,607
Value of fidelity bond covering the plan2023-12-31$50,000
Other income received2023-12-31$14,797
Net income (gross income less expenses)2023-12-31$14,797
Net plan assets at end of year (total assets less liabilities)2023-12-31$348,404
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$333,607
Assets. Value of employer securities2023-12-31$348,392
2022 : MTB CORPORATION RETIREMENT PLAN 2022 401k financial data
Total income from all sources2022-12-31$-8,720
Expenses. Total of all expenses incurred2022-12-31$0
Total plan assets at end of year2022-12-31$333,607
Total plan assets at beginning of year2022-12-31$342,327
Value of fidelity bond covering the plan2022-12-31$50,000
Other income received2022-12-31$-8,720
Net income (gross income less expenses)2022-12-31$-8,720
Net plan assets at end of year (total assets less liabilities)2022-12-31$333,607
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$342,327
Assets. Value of employer securities2022-12-31$333,596
2021 : MTB CORPORATION RETIREMENT PLAN 2021 401k financial data
Total income from all sources2021-12-31$595
Expenses. Total of all expenses incurred2021-12-31$0
Total plan assets at end of year2021-12-31$342,327
Total plan assets at beginning of year2021-12-31$341,732
Value of fidelity bond covering the plan2021-12-31$50,000
Other income received2021-12-31$595
Net income (gross income less expenses)2021-12-31$595
Net plan assets at end of year (total assets less liabilities)2021-12-31$342,327
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$341,732
Assets. Value of employer securities2021-12-31$342,316
2020 : MTB CORPORATION RETIREMENT PLAN 2020 401k financial data
Total income from all sources2020-12-31$-1,040
Expenses. Total of all expenses incurred2020-12-31$0
Total plan assets at end of year2020-12-31$341,732
Total plan assets at beginning of year2020-12-31$342,772
Value of fidelity bond covering the plan2020-12-31$50,000
Other income received2020-12-31$-1,040
Net income (gross income less expenses)2020-12-31$-1,040
Net plan assets at end of year (total assets less liabilities)2020-12-31$341,732
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$342,772
Assets. Value of employer securities2020-12-31$341,721
2019 : MTB CORPORATION RETIREMENT PLAN 2019 401k financial data
Total income from all sources2019-12-31$1,559
Expenses. Total of all expenses incurred2019-12-31$0
Total plan assets at end of year2019-12-31$342,772
Total plan assets at beginning of year2019-12-31$341,213
Value of fidelity bond covering the plan2019-12-31$50,000
Other income received2019-12-31$1,559
Net income (gross income less expenses)2019-12-31$1,559
Net plan assets at end of year (total assets less liabilities)2019-12-31$342,772
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$341,213
Assets. Value of employer securities2019-12-31$342,768
2018 : MTB CORPORATION RETIREMENT PLAN 2018 401k financial data
Total income from all sources2018-12-31$-3,683
Total plan assets at end of year2018-12-31$341,213
Total plan assets at beginning of year2018-12-31$344,896
Value of fidelity bond covering the plan2018-12-31$50,000
Other income received2018-12-31$-3,683
Net income (gross income less expenses)2018-12-31$-3,683
Net plan assets at end of year (total assets less liabilities)2018-12-31$341,213
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$344,896
Assets. Value of employer securities2018-12-31$341,209
2017 : MTB CORPORATION RETIREMENT PLAN 2017 401k financial data
Total income from all sources2017-12-31$7,795
Expenses. Total of all expenses incurred2017-12-31$0
Benefits paid (including direct rollovers)2017-12-31$0
Total plan assets at end of year2017-12-31$344,896
Total plan assets at beginning of year2017-12-31$337,101
Value of fidelity bond covering the plan2017-12-31$50,000
Total contributions received or receivable from participants2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$7,795
Net income (gross income less expenses)2017-12-31$7,795
Net plan assets at end of year (total assets less liabilities)2017-12-31$344,896
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$337,101
Assets. Value of employer securities2017-12-31$344,892
Total contributions received or receivable from employer(s)2017-12-31$0
Value of certain deemed distributions of participant loans2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0
2016 : MTB CORPORATION RETIREMENT PLAN 2016 401k financial data
Total income from all sources2016-12-31$3,848
Expenses. Total of all expenses incurred2016-12-31$0
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$337,101
Total plan assets at beginning of year2016-12-31$333,253
Value of fidelity bond covering the plan2016-12-31$50,000
Total contributions received or receivable from participants2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$3,848
Net income (gross income less expenses)2016-12-31$3,848
Net plan assets at end of year (total assets less liabilities)2016-12-31$337,101
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$333,253
Assets. Value of employer securities2016-12-31$337,097
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
2015 : MTB CORPORATION RETIREMENT PLAN 2015 401k financial data
Total income from all sources2015-12-31$11,209
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$333,253
Total plan assets at beginning of year2015-12-31$322,044
Value of fidelity bond covering the plan2015-12-31$50,000
Total contributions received or receivable from participants2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$11,209
Net income (gross income less expenses)2015-12-31$11,209
Net plan assets at end of year (total assets less liabilities)2015-12-31$333,253
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$322,044
Assets. Value of employer securities2015-12-31$333,249
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
2014 : MTB CORPORATION RETIREMENT PLAN 2014 401k financial data
Total income from all sources2014-12-31$10,571
Expenses. Total of all expenses incurred2014-12-31$0
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$322,044
Total plan assets at beginning of year2014-12-31$311,473
Value of fidelity bond covering the plan2014-12-31$50,000
Total contributions received or receivable from participants2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$10,571
Net income (gross income less expenses)2014-12-31$10,571
Net plan assets at end of year (total assets less liabilities)2014-12-31$322,044
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$311,473
Assets. Value of employer securities2014-12-31$322,040
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
2013 : MTB CORPORATION RETIREMENT PLAN 2013 401k financial data
Total income from all sources2013-12-31$18,110
Expenses. Total of all expenses incurred2013-12-31$0
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$311,473
Total plan assets at beginning of year2013-12-31$293,363
Value of fidelity bond covering the plan2013-12-31$50,000
Total contributions received or receivable from participants2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$18,110
Net income (gross income less expenses)2013-12-31$18,110
Net plan assets at end of year (total assets less liabilities)2013-12-31$311,473
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$293,363
Assets. Value of employer securities2013-12-31$311,469
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
2012 : MTB CORPORATION RETIREMENT PLAN 2012 401k financial data
Total income from all sources2012-12-31$293,363
Expenses. Total of all expenses incurred2012-12-31$0
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$293,363
Total plan assets at beginning of year2012-12-31$0
Value of fidelity bond covering the plan2012-12-31$50,000
Total contributions received or receivable from participants2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$300,000
Other income received2012-12-31$-6,637
Net income (gross income less expenses)2012-12-31$293,363
Net plan assets at end of year (total assets less liabilities)2012-12-31$293,363
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$0
Assets. Value of employer securities2012-12-31$293,360
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0

Form 5500 Responses for MTB CORPORATION RETIREMENT PLAN

2023: MTB CORPORATION RETIREMENT PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: MTB CORPORATION RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MTB CORPORATION RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MTB CORPORATION RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MTB CORPORATION RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MTB CORPORATION RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MTB CORPORATION RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MTB CORPORATION RETIREMENT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MTB CORPORATION RETIREMENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MTB CORPORATION RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MTB CORPORATION RETIREMENT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MTB CORPORATION RETIREMENT PLAN 2012 form 5500 responses
2012-01-11Type of plan entitySingle employer plan
2012-01-11First time form 5500 has been submittedYes
2012-01-11This return/report is a short plan year return/report (less than 12 months)Yes
2012-01-11Plan funding arrangement – TrustYes
2012-01-11Plan benefit arrangement - TrustYes

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