Employer · plans filed under one EIN
NBT Bancorp Inc.
Norwich, NY · Finance and insurance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
NBT Bancorp Inc., based in Norwich, New York, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 5,348 participant records and $540M in net assets.
The largest is NBT Bancorp Inc. 401(k) & Employee Stock Ownership Plan, an ESOP with a 401(k) feature with 2,810 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $6.6M and participant contributions $15.8M in the latest plan years; benefits paid were $38.8M. Schedule C compensation reported to service provider organisations totalled $210K.
Combined net assets moved from $156M in 2009 to $415M in 2025 (up 166%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| NBT Bancorp Inc. 401(k) & Employee Stock Ownership Plan | ESOP with a 401(k) feature | 2025 | 2,810 | $415M | $147,819 | $2,903 | $118K |
| NBT Bancorp Inc. Defined Benefit Pension Plan | cash balance pension plan | 2024 | 2,538 | $125M | $49,262 | — | $92K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2025 | 1 | 2,810 | $415M | $6.6M | $15.8M |
| 2024 | 2 | 5,111 | $491M | $7.1M | $13.8M |
| 2023 | 2 | 5,080 | $442M | $5.3M | $13.0M |
| 2022 | 2 | 4,704 | $388M | $5.8M | $11.7M |
| 2021 | 2 | 4,571 | $453M | $5.3M | $11.0M |
| 2020 | 2 | 4,619 | $403M | $3.9M | $10.7M |
| 2019 | 2 | 4,539 | $367M | $3.7M | $9.6M |
| 2018 | 2 | 4,208 | $311M | $4.5M | $8.9M |
| 2017 | 2 | 4,052 | $329M | $3.3M | $7.9M |
| 2016 | 2 | 4,053 | $299M | $8.8M | $7.5M |
| 2015 | 2 | 4,058 | $262M | $3.1M | $7.2M |
| 2014 | 2 | 4,191 | $267M | $3.4M | $6.0M |
| 2013 | 2 | 4,272 | $259M | $2.5M | $5.9M |
| 2012 | 2 | 3,902 | $204M | $1.9M | $4.3M |
| 2011 | 2 | 3,568 | $174M | $3.7M | $3.8M |
| 2010 | 2 | 3,361 | $179M | $3.4M | $3.5M |
| 2009 | 2 | 3,297 | $156M | $20.4M | $3.4M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Bpas Actuarial and Pension Services | Actuarial; Consulting (pension) | 1 | $91,526 |
| Charles Schwab Trust Bank | Custodial (securities) | 1 | $82,113 |
| Epic Retirement Plan Services | Recordkeeping and information management; Participant loan processing; Participant communication | 1 | $28,590 |
| Charles Schwab & Co., Inc. | — | 1 | $7,622 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does NBT Bancorp Inc. have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: NBT Bancorp Inc. 401(k) & Employee Stock Ownership Plan and NBT Bancorp Inc. Defined Benefit Pension Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does NBT Bancorp Inc. contribute to its plans?
$6,591,657 in employer contributions across these plans in their latest plan years, about $1,613 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Bpas Actuarial and Pension Services, Charles Schwab Trust Bank, Epic Retirement Plan Services and Charles Schwab & Co., Inc.. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.