Cumberland Insurance Group 401(K) Savings Plan — Form 5500 plan (Cumberland Mutual Fire 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, Cumberland Insurance Group 401(K) Savings Plan is a benefit plan reported by Cumberland Mutual Fire Insurance Company under EIN 21-0434400 and plan number 003. The latest loaded filing year is 2023. The filing reports 179 participants and $32,462,829 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cumberland Mutual Fire Insurance Company
- EIN
- 21-0434400
- Plan number
- 003
- Plan type
- 2
- Location
- Bridgeton, NJ
- Latest filing year
- 2023
- Participants
- 179
- End-of-year plan assets
- $32,462,829
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 179 | H, C | 20240906134011NAL0000616675001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,462,829
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,462,829
- Net assets (BOY)
- $28,896,985
Income & contributions
- Employer contributions
- $724,150
- Participant contributions
- $1,257,498
- Total contributions
- $2,251,332
- Total income / additions
- $6,987,947
Expenses & distributions
- Benefits paid
- $3,390,867
- Administrative expenses
- $31,236
- Total expenses
- $3,422,103
- Net increase / (decrease)
- $3,565,844
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $31,249 | $0 | 2023 |