Security Mutual Life Insurance Company Of New York Profit Sharing Plan — Form 5500 plan (Security Mutual Life Insurance Company Of New York)

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, Security Mutual Life Insurance Company Of New York Profit Sharing Plan is a benefit plan reported by Security Mutual Life Insurance Company Of New York under EIN 15-0442730 and plan number 004. The latest loaded filing year is 2023. The filing reports 408 participants and $74,775,770 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Security Mutual Life Insurance Company Of New York
EIN
15-0442730
Plan number
004
Plan type
2
Location
Binghamton, NY
Latest filing year
2023
Participants
408
End-of-year plan assets
$74,775,770

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023408H, C20241011153554NAL0023127361001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$74,775,770
Total liabilities (EOY)
$0
Net assets (EOY)
$74,775,770
Net assets (BOY)
$64,775,319

Income & contributions

Employer contributions
$2,112,613
Participant contributions
$1,898,301
Total contributions
$4,088,167
Total income / additions
$14,663,088

Expenses & distributions

Benefits paid
$4,447,791
Administrative expenses
$212,498
Total expenses
$4,662,637
Net increase / (decrease)
$10,000,451

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Morgan Stanley Smith Barney LLCINVESTMENT ADVISOR$63,916not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$32,727$02023
Strategic Advisors, Inc.ADVISOR$6,211not reported in the loaded dataset2023

Related Form 5500 pages