Boston Mutual Life 401(K) Plan For Salaried Employees — Form 5500 plan (Boston Mutual Life Insurance Co.)
Plain-English plan 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, Boston Mutual Life 401(K) Plan For Salaried Employees is a benefit plan reported by Boston Mutual Life Insurance Co. under EIN 04-1106240 and plan number 005. The latest loaded filing year is 2023. The filing reports 470 participants and $85,674,472 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Boston Mutual Life Insurance Co.
- EIN
- 04-1106240
- Plan number
- 005
- Plan type
- 2
- Location
- Canton, MA
- Latest filing year
- 2023
- Participants
- 470
- End-of-year plan assets
- $85,674,472
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 470 | H, C | 20240916090906NAL0001309617001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $85,674,472
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $85,674,472
- Net assets (BOY)
- $71,570,437
Income & contributions
- Employer contributions
- $3,150,463
- Participant contributions
- $3,137,592
- Total contributions
- $7,141,104
- Total income / additions
- $20,372,277
Expenses & distributions
- Benefits paid
- $6,225,470
- Administrative expenses
- $26,323
- Total expenses
- $6,268,242
- Net increase / (decrease)
- $14,104,035
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $18,035 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $8,518 | $0 | 2023 |