Security Mutual Life Insurance Company Of New York Career Agents' Profit Sharing Plan — Form 5500 plan (Security Mutual Life Insurance Company Of New York)
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, Security Mutual Life Insurance Company Of New York Career Agents' Profit Sharing Plan is a benefit plan reported by Security Mutual Life Insurance Company Of New York under EIN 15-0442730 and plan number 002. The latest loaded filing year is 2023. The filing reports 193 participants and $18,806,921 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Security Mutual Life Insurance Company Of New York
- EIN
- 15-0442730
- Plan number
- 002
- Plan type
- 2
- Location
- Binghamton, NY
- Latest filing year
- 2023
- Participants
- 193
- End-of-year plan assets
- $18,806,921
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 193 | H, C | 20241001064452NAL0003106291001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,806,921
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,806,921
- Net assets (BOY)
- $18,859,822
Income & contributions
- Employer contributions
- $96,816
- Participant contributions
- $150,874
- Total contributions
- $257,690
- Total income / additions
- $3,027,434
Expenses & distributions
- Benefits paid
- $3,050,932
- Administrative expenses
- $29,403
- Total expenses
- $3,080,335
- Net increase / (decrease)
- -$52,901
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $14,564 | $0 | 2023 |
| Morgan Stanley Smith Barney LLC | INVESTMENT ADVISOR | $14,506 | not reported in the loaded dataset | 2023 |