Germania Companies Employees Profit Sharing And Savings Plan — Form 5500 plan (Germania Farm Mutual Insurance Association)

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, Germania Companies Employees Profit Sharing And Savings Plan is a benefit plan reported by Germania Farm Mutual Insurance Association under EIN 74-0643240 and plan number 003. The latest loaded filing year is 2023. The filing reports 621 participants and $69,735,183 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Germania Farm Mutual Insurance Association
EIN
74-0643240
Plan number
003
Plan type
2
Location
Brenham, TX
Latest filing year
2023
Participants
621
End-of-year plan assets
$69,735,183

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023621H, C20241014122908NAL0044481472001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$69,735,183
Total liabilities (EOY)
$0
Net assets (EOY)
$69,735,183
Net assets (BOY)
$61,800,931

Income & contributions

Employer contributions
$2,888,882
Participant contributions
$3,428,316
Total contributions
$7,862,371
Total income / additions
$18,300,929

Expenses & distributions

Benefits paid
$10,229,611
Administrative expenses
$137,066
Total expenses
$10,366,677
Net increase / (decrease)
$7,934,252

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$136,980$02023
Capfinancial Partners LLCCONSULTANT$0$81,6612023
Jaynes, Reitmeier, Boyd & Therrell,ACCOUNTANT$0$15,6552023

Related Form 5500 pages