New Era Life Insurance Company 401(K) Profit Sharing Plan & Trust — Form 5500 plan (New Era 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, New Era Life Insurance Company 401(K) Profit Sharing Plan & Trust is a benefit plan reported by New Era Life Insurance Company under EIN 74-2552025 and plan number 001. The latest loaded filing year is 2023. The filing reports 378 participants and $23,775,564 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- New Era Life Insurance Company
- EIN
- 74-2552025
- Plan number
- 001
- Plan type
- 2
- Location
- Houston, TX
- Latest filing year
- 2023
- Participants
- 378
- End-of-year plan assets
- $23,775,564
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 378 | H, C | 20241015104916NAL0029308321001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,775,564
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,775,564
- Net assets (BOY)
- $21,364,372
Income & contributions
- Employer contributions
- $338,426
- Participant contributions
- $1,129,007
- Total contributions
- $1,478,264
- Total income / additions
- $4,769,901
Expenses & distributions
- Benefits paid
- $2,262,305
- Administrative expenses
- $96,404
- Total expenses
- $2,358,709
- Net increase / (decrease)
- $2,411,192
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch, Pierce, Fenner | INVESTMENT ADVISORY PLAN | $68,452 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $27,821 | not reported in the loaded dataset | 2023 |