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, New York Life Insurance Company Employee Progress Sharing Investment Plan is a benefit plan reported by New York Life Insurance Company under EIN 13-5582869 and plan number 002. The latest loaded filing year is 2023. The filing reports 19,412 participants and $4,560,597,726 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,560,597,726
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,560,597,726
- Net assets (BOY)
- $4,091,002,444
Income & contributions
- Employer contributions
- $60,726,833
- Participant contributions
- $132,947,134
- Total contributions
- $213,953,101
- Total income / additions
- $713,319,699
Expenses & distributions
- Benefits paid
- $233,549,622
- Administrative expenses
- $1,312,051
- Total expenses
- $236,545,658
- Net increase / (decrease)
- $476,774,041