Plan5500

Savings And Profit Sharing Plan And Trust Agreement Of Alfa Mutual Insurance Company — Form 5500 plan (Alfa 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, Savings And Profit Sharing Plan And Trust Agreement Of Alfa Mutual Insurance Company is a benefit plan reported by Alfa Mutual Insurance Company under EIN 63-0262164 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,858 participants and $242,164,617 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Alfa Mutual Insurance Company
EIN
63-0262164
Plan number
002
Plan type
2
Location
Montgomery, AL
Latest filing year
2023
Participants
2,858
End-of-year plan assets
$242,164,617

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,858H, C20241008125017NAL0029865712001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$242,164,617
Total liabilities (EOY)
$0
Net assets (EOY)
$242,164,617
Net assets (BOY)
$213,196,026

Income & contributions

Employer contributions
$4,574,702
Participant contributions
$11,269,432
Total contributions
$17,331,270
Total income / additions
$50,822,686

Expenses & distributions

Benefits paid
$21,559,618
Administrative expenses
$294,477
Total expenses
$21,854,095
Net increase / (decrease)
$28,968,591

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$210,061$02023
Principal Custody SolutionsTRUSTEE$102,850not reported in the loaded dataset2023

Related Form 5500 pages