2023 Form 5500 filing — Cumberland Insurance Group 401(K) Savings Plan
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 20240906134011NAL0000616675001) for Cumberland Insurance Group 401(K) Savings Plan, reported by Cumberland Mutual Fire Insurance Company under EIN 21-0434400 and plan number 003. It reports 179 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240906134011NAL0000616675001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cumberland Mutual Fire Insurance Company
- EIN
- 21-0434400
- Plan number
- 003
- Location
- Bridgeton, NJ
- Participants
- 179
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $32,462,829
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,462,829
- Employer contributions
- $724,150
- Participant contributions
- $1,257,498
- Total income / additions
- $6,987,947
- Benefits paid
- $3,390,867
- Administrative expenses
- $31,236
- Total expenses
- $3,422,103
- Net increase / (decrease)
- $3,565,844
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $31,249 | $0 |