2023 Form 5500 filing — Encova Insurance 401(K) 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 20241009152741NAL0010783523001) for Encova Insurance 401(K) Plan, reported by Motorists Mutual Insurance Company under EIN 31-4259550 and plan number 003. It reports 1,659 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009152741NAL0010783523001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Motorists Mutual Insurance Company
- EIN
- 31-4259550
- Plan number
- 003
- Location
- Columbus, OH
- Participants
- 1,659
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $306,567,589
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $306,567,589
- Employer contributions
- $7,637,279
- Participant contributions
- $11,065,663
- Total income / additions
- $69,039,337
- Benefits paid
- $18,384,435
- Administrative expenses
- $130,422
- Total expenses
- $18,579,215
- Net increase / (decrease)
- $50,460,122
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $130,122 | not reported in the loaded dataset |
| Qdro Consultants Co LLC | OTHER | $300 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $0 | $0 |