United Security, Inc. Retirement Plan — Form 5500 plan (United Security, Inc.)

Plain-English plan 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, United Security, Inc. Retirement Plan is a benefit plan reported by United Security, Inc. under EIN 13-3692228 and plan number 002. The latest loaded filing year is 2023. The filing reports 775 participants and $5,686,892 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
United Security, Inc.
EIN
13-3692228
Plan number
002
Plan type
2
Location
Red Bank, NJ
Latest filing year
2023
Participants
775
End-of-year plan assets
$5,686,892

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023775H, C20241014121843NAL0014909651001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,686,892
Total liabilities (EOY)
$0
Net assets (EOY)
$5,686,892
Net assets (BOY)
$4,124,149

Income & contributions

Employer contributions
$1,562,594
Participant contributions
$154,557
Total contributions
$1,722,198
Total income / additions
$2,383,643

Expenses & distributions

Benefits paid
$759,582
Administrative expenses
$54,354
Total expenses
$820,900
Net increase / (decrease)
$1,562,743

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Boon Administrative Services IncCONTRACT ADMIN$46,267not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$7,437$02023
Empower Advisory Group, LLCINVESTMENT MGMT$650not reported in the loaded dataset2023

Related Form 5500 pages