American Income Life Insurance Company Exempt Employees 401(K) Profit Sharing Plan — Form 5500 plan (American Income Life 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, American Income Life Insurance Company Exempt Employees 401(K) Profit Sharing Plan is a benefit plan reported by American Income Life Insurance Company under EIN 74-1365936 and plan number 001. The latest loaded filing year is 2023. The filing reports 376 participants and $22,861,221 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- American Income Life Insurance Company
- EIN
- 74-1365936
- Plan number
- 001
- Plan type
- 2
- Location
- Mckinney, TX
- Latest filing year
- 2023
- Participants
- 376
- End-of-year plan assets
- $22,861,221
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 376 | H, C | 20240819144234NAL0001652705001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,861,221
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,861,221
- Net assets (BOY)
- $19,715,423
Income & contributions
- Employer contributions
- $1,267,290
- Participant contributions
- $949,461
- Total contributions
- $2,218,680
- Total income / additions
- $4,955,876
Expenses & distributions
- Benefits paid
- $1,759,103
- Administrative expenses
- $30,569
- Total expenses
- $1,810,078
- Net increase / (decrease)
- $3,145,798
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $16,228 | $0 | 2023 |
| Empower Advisory Group, LLC | NONE | $12,400 | not reported in the loaded dataset | 2023 |
| Regions Bank Dba Regions Trust | NONE | $1,950 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for American Income Life Insurance Company
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Mckinney, TX
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Regions Bank Dba Regions Trust — Schedule C compensation