Mutual Benefit Insurance Company 401(K) Plan — Form 5500 plan (Mutual Benefit 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, Mutual Benefit Insurance Company 401(K) Plan is a benefit plan reported by Mutual Benefit Insurance Company under EIN 23-6200024 and plan number 002. The latest loaded filing year is 2023. The filing reports 177 participants and $27,065,300 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mutual Benefit Insurance Company
- EIN
- 23-6200024
- Plan number
- 002
- Plan type
- 2
- Location
- Huntingdon, PA
- Latest filing year
- 2023
- Participants
- 177
- End-of-year plan assets
- $27,065,300
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 177 | H, C | 20240924135621NAL0026317090001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,065,300
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,065,300
- Net assets (BOY)
- $24,220,072
Income & contributions
- Employer contributions
- $537,533
- Participant contributions
- $985,808
- Total contributions
- $2,322,442
- Total income / additions
- $6,324,605
Expenses & distributions
- Benefits paid
- $3,406,940
- Administrative expenses
- $72,437
- Total expenses
- $3,479,377
- Net increase / (decrease)
- $2,845,228
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $72,437 | $0 | 2023 |
| Cambridge Investment Research Advis | INVESTMENT ADVISORY | $0 | $45,306 | 2023 |
| Pensionmark Financial Group, LLC | INVESTMENT ADVISORY | $0 | $11,999 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mutual Benefit Insurance Company
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Huntingdon, PA
- Principal Life Insurance Company — Schedule C compensation
- Cambridge Investment Research Advis — Schedule C compensation
- Pensionmark Financial Group, LLC — Schedule C compensation