Western National Salary Accumulation Program — Form 5500 plan (Western National Mutual Insurance Co)
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, Western National Salary Accumulation Program is a benefit plan reported by Western National Mutual Insurance Co under EIN 41-0430825 and plan number 002. The latest loaded filing year is 2023. The filing reports 923 participants and $118,238,149 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Western National Mutual Insurance Co
- EIN
- 41-0430825
- Plan number
- 002
- Plan type
- 2
- Location
- Edina, MN
- Latest filing year
- 2023
- Participants
- 923
- End-of-year plan assets
- $118,238,149
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 923 | H, C | 20240905160451NAL0021269921001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $118,238,149
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $118,238,149
- Net assets (BOY)
- $99,222,165
Income & contributions
- Employer contributions
- $2,535,446
- Participant contributions
- $6,603,511
- Total contributions
- $10,026,907
- Total income / additions
- $26,832,096
Expenses & distributions
- Benefits paid
- $7,731,226
- Administrative expenses
- $84,886
- Total expenses
- $7,816,112
- Net increase / (decrease)
- $19,015,984
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $83,936 | $0 | 2023 |