Preferred Mutual Insurance Company Employees' Cash And Deferred Savings Profit Sharing Plan — Form 5500 plan (Preferred Mutual 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, Preferred Mutual Insurance Company Employees' Cash And Deferred Savings Profit Sharing Plan is a benefit plan reported by Preferred Mutual Insurance Company under EIN 15-0420080 and plan number 003. The latest loaded filing year is 2023. The filing reports 388 participants and $44,356,622 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Preferred Mutual Insurance Company
- EIN
- 15-0420080
- Plan number
- 003
- Plan type
- 2
- Location
- New Berlin, NY
- Latest filing year
- 2023
- Participants
- 388
- End-of-year plan assets
- $44,356,622
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 388 | H, C | 20241008155829NAL0009869699001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $44,356,622
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $44,356,622
- Net assets (BOY)
- $39,282,889
Income & contributions
- Employer contributions
- $823,311
- Participant contributions
- $2,133,191
- Total contributions
- $5,130,045
- Total income / additions
- $11,749,255
Expenses & distributions
- Benefits paid
- $6,656,428
- Administrative expenses
- $19,094
- Total expenses
- $6,675,522
- Net increase / (decrease)
- $5,073,733
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $14,712 | $0 | 2023 |