2023 Form 5500 filing — Preferred Mutual Insurance Company Employees' Cash And Deferred Savings Profit Sharing 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 20241008155829NAL0009869699001) for Preferred Mutual Insurance Company Employees' Cash And Deferred Savings Profit Sharing Plan, reported by Preferred Mutual Insurance Company under EIN 15-0420080 and plan number 003. It reports 388 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008155829NAL0009869699001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Preferred Mutual Insurance Company
- EIN
- 15-0420080
- Plan number
- 003
- Location
- New Berlin, NY
- Participants
- 388
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $44,356,622
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $44,356,622
- Employer contributions
- $823,311
- Participant contributions
- $2,133,191
- Total income / additions
- $11,749,255
- Benefits paid
- $6,656,428
- Administrative expenses
- $19,094
- Total expenses
- $6,675,522
- Net increase / (decrease)
- $5,073,733
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $14,712 | $0 |