2023 Form 5500 filing — Preferred Mutual Insurance Company Retirement Benefit Accumulation 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 20241008160841NAL0008557107001) for Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan, reported by Preferred Mutual Insurance Company under EIN 15-0420080 and plan number 001. It reports 469 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008160841NAL0008557107001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Preferred Mutual Insurance Company
- EIN
- 15-0420080
- Plan number
- 001
- Location
- New Berlin, NY
- Participants
- 469
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $49,401,822
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $49,401,822
- Total income / additions
- $6,363,237
- Benefits paid
- $1,597,857
- Administrative expenses
- $290,658
- Total expenses
- $1,888,515
- Net increase / (decrease)
- $4,474,722
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nbt Bank, N.A. | CUSTODIAL SERVICES | $101,923 | $0 |
| Fidelity Management Trust Company | ADMINSTRATION/CUSTODY | $95,347 | not reported in the loaded dataset |
| Bpas | ACTUARY | $21,159 | not reported in the loaded dataset |