American Transit Insurance Company 401(K) Profit Sharing Plan — Form 5500 plan (American Transit Insurance Company)

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, American Transit Insurance Company 401(K) Profit Sharing Plan is a benefit plan reported by American Transit Insurance Company under EIN 13-2724937 and plan number 001. The latest loaded filing year is 2023. The filing reports 568 participants and $29,991,196 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
American Transit Insurance Company
EIN
13-2724937
Plan number
001
Plan type
2
Location
Brooklyn, NY
Latest filing year
2023
Participants
568
End-of-year plan assets
$29,991,196

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023568H, C20241010111710NAL0020881873001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$29,991,196
Total liabilities (EOY)
$0
Net assets (EOY)
$29,991,196
Net assets (BOY)
$25,695,460

Income & contributions

Employer contributions
$0
Participant contributions
$1,729,412
Total contributions
$1,782,731
Total income / additions
$5,415,824

Expenses & distributions

Benefits paid
$949,995
Administrative expenses
$162,309
Total expenses
$1,120,088
Net increase / (decrease)
$4,295,736

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group LLCINVESTMENT MGMT$90,521not reported in the loaded dataset2023
Private Advisor Group LLCINVESTMENT ADVISOR$39,269not reported in the loaded dataset2023
Side By Side Financials IncCONTRACT ADMIN/OTHER$20,366not reported in the loaded dataset2023
Empower Life & Annuity InsuranceRECORDKEEPER$12,153$02023

Related Form 5500 pages