2023 Form 5500 filing — Encova Insurance 401(K) 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 20241009152741NAL0010783523001) for Encova Insurance 401(K) Plan, reported by Motorists Mutual Insurance Company under EIN 31-4259550 and plan number 003. It reports 1,659 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)$306.6MReported net assets$306,567,589
Participants1.7K1,659
Provider compensation$130.4K3 Schedule C row(s)$130,422
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241009152741NAL0010783523001
Plan sponsor
Motorists Mutual Insurance Company
EIN
31-4259550
Plan number
003
Location
Columbus, OH
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)$306.6M total assets
Net assets$306.6MLiabilities$0
Money in vs. money out
Total income / additions$69M
Total expenses$18.6M
Benefits paid / distributions$18.4M
Contributions
Employer$7.6M
Participant$11.1M
Full reported line items
Total assets (EOY)
$306,567,589
Total liabilities (EOY)
$0
Net assets (EOY)
$306,567,589
Employer contributions
$7,637,279
Participant contributions
$11,065,663
Total income / additions
$69,039,337
Benefits paid
$18,384,435
Administrative expenses
$130,422
Total expenses
$18,579,215
Net increase / (decrease)
$50,460,122

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Advisory Group, LLCINVESTMENT MGMT$130,122not reported in the loaded dataset
Qdro Consultants Co LLCOTHER$300not reported in the loaded dataset
Empower Annuity Insurance Company ORECORDKEEPER$0$0

Related Form 5500 pages