2023 Form 5500 filing — Southern Insurance Underwriters, Inc. 401 (K) Plan & Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240620083433NAL0001178529001) for Southern Insurance Underwriters, Inc. 401 (K) Plan & Trust, reported by Southern Insurance Underwriters, Inc. under EIN 58-0939621 and plan number 001. It reports 154 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240620083433NAL0001178529001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Southern Insurance Underwriters, Inc.
- EIN
- 58-0939621
- Plan number
- 001
- Location
- Alpharetta, GA
- Participants
- 154
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,333,012
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,333,012
- Employer contributions
- $168,264
- Participant contributions
- $486,298
- Total income / additions
- $1,531,637
- Benefits paid
- $673,966
- Administrative expenses
- $9,714
- Total expenses
- $696,369
- Net increase / (decrease)
- $835,268
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $6,828 | $0 |
| First Citizens Bank And Trust Compa | INVESTMENT ADVISOR | $1,961 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $925 | not reported in the loaded dataset |