2023 Form 5500 filing — Universal Insurance Company Profit Sharing & Savings Plan - Us
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 20250326120507NAL0015641729001) for Universal Insurance Company Profit Sharing & Savings Plan - Us, reported by Universal Insurance Managers, Inc under EIN 42-1610421 and plan number 001. It reports 255 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250326120507NAL0015641729001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Universal Insurance Managers, Inc
- EIN
- 42-1610421
- Plan number
- 001
- Location
- Sarasota, FL
- Participants
- 255
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,369,434
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,369,434
- Employer contributions
- $287,577
- Participant contributions
- $962,757
- Total income / additions
- $3,740,968
- Benefits paid
- $1,341,621
- Administrative expenses
- $60,706
- Total expenses
- $1,448,116
- Net increase / (decrease)
- $2,292,852
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $32,921 | $0 |
| Empower Advisory Group LLC | INVESTMENT MANAGEMENT | $18,000 | not reported in the loaded dataset |
| Cetera Advisor Networks, LLC | BROKER / ADVISER | $12,948 | $0 |
| Pension Plus, Inc | CONTRACT ADMIN | $1,405 | $10,000 |
| Rsm Roc & Company | AUDITOR | $10,374 | not reported in the loaded dataset |