2023 Form 5500 filing — Universal Insurance Company Profit Sharing And Savings Plan
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 20240731082437NAL0021218161001) for Universal Insurance Company Profit Sharing And Savings Plan, reported by Universal Group under EIN 66-0313825 and plan number 001. It reports 1,280 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240731082437NAL0021218161001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Universal Group
- EIN
- 66-0313825
- Plan number
- 001
- Location
- Guaynabo, PR
- Participants
- 1,280
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $121,730,461
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $121,730,461
- Employer contributions
- $4,177,341
- Participant contributions
- $3,599,015
- Total income / additions
- $21,200,567
- Benefits paid
- $4,270,458
- Administrative expenses
- $380,047
- Total expenses
- $4,681,457
- Net increase / (decrease)
- $16,519,110
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $204,882 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $159,930 | $0 |
| Cetera Advisor Networks LLC | BROKER/ ADVISER | $0 | $78,613 |
| Pension Plus Inc | AUDITOR | $5,163 | $10,000 |
| Rsm Roc & Company | AUDITOR | $13,104 | not reported in the loaded dataset |
| Ferraiuoli LLC | OTHER | $3,589 | not reported in the loaded dataset |