2023 Form 5500 filing — Savings And Profit Sharing Plan And Trust Agreement Of Alfa Mutual Insurance Company
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 20241008125017NAL0029865712001) for Savings And Profit Sharing Plan And Trust Agreement Of Alfa Mutual Insurance Company, reported by Alfa Mutual Insurance Company under EIN 63-0262164 and plan number 002. It reports 2,858 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008125017NAL0029865712001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Alfa Mutual Insurance Company
- EIN
- 63-0262164
- Plan number
- 002
- Location
- Montgomery, AL
- Participants
- 2,858
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $242,164,617
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $242,164,617
- Employer contributions
- $4,574,702
- Participant contributions
- $11,269,432
- Total income / additions
- $50,822,686
- Benefits paid
- $21,559,618
- Administrative expenses
- $294,477
- Total expenses
- $21,854,095
- Net increase / (decrease)
- $28,968,591
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $210,061 | $0 |
| Principal Custody Solutions | TRUSTEE | $102,850 | not reported in the loaded dataset |