2023 Form 5500 filing — Southern Insurance Underwriters, Inc. 401 (K) Plan & Trust
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240620083433NAL0001178529001) for Southern Insurance Underwriters, Inc. 401 (K) Plan & Trust, reported by Southern Insurance Underwriters, Inc. under EIN 58-0939621 and plan number 001. It reports 154 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$6.3MReported net assets$6,333,012
Participants154
Provider compensation$9.7K3 Schedule C row(s)$9,714
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240620083433NAL0001178529001
- Plan sponsor
- Southern Insurance Underwriters, Inc.
- EIN
- 58-0939621
- Plan number
- 001
- Location
- Alpharetta, GA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$6.3M total assets
Net assets$6.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $6,333,012
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,333,012
- Employer contributions
- $168,264
- Participant contributions
- $486,298
- Total income / additions
- $1,531,637
- Benefits paid
- $673,966
- Administrative expenses
- $9,714
- Total expenses
- $696,369
- Net increase / (decrease)
- $835,268
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $6,828 | $0 |
| First Citizens Bank And Trust Compa | INVESTMENT ADVISOR | $1,961 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $925 | not reported in the loaded dataset |