Universal Insurance Company Profit Sharing & Savings Plan - Us — Form 5500 plan (Universal Insurance Managers, 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, Universal Insurance Company Profit Sharing & Savings Plan - Us is a benefit plan reported by Universal Insurance Managers, Inc under EIN 42-1610421 and plan number 001. The latest loaded filing year is 2023. The filing reports 255 participants and $16,369,434 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Universal Insurance Managers, Inc
- EIN
- 42-1610421
- Plan number
- 001
- Plan type
- 2
- Location
- Sarasota, FL
- Latest filing year
- 2023
- Participants
- 255
- End-of-year plan assets
- $16,369,434
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 255 | H, C | 20250326120507NAL0015641729001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,369,434
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,369,434
- Net assets (BOY)
- $14,076,582
Income & contributions
- Employer contributions
- $287,577
- Participant contributions
- $962,757
- Total contributions
- $1,314,070
- Total income / additions
- $3,740,968
Expenses & distributions
- Benefits paid
- $1,341,621
- Administrative expenses
- $60,706
- Total expenses
- $1,448,116
- Net increase / (decrease)
- $2,292,852
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $32,921 | $0 | 2023 |
| Empower Advisory Group LLC | INVESTMENT MANAGEMENT | $18,000 | not reported in the loaded dataset | 2023 |
| Cetera Advisor Networks, LLC | BROKER / ADVISER | $12,948 | $0 | 2023 |
| Pension Plus, Inc | CONTRACT ADMIN | $1,405 | $10,000 | 2023 |
| Rsm Roc & Company | AUDITOR | $10,374 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Universal Insurance Managers, Inc
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Sarasota, FL
- Empower Annuity Insurance Company — Schedule C compensation
- Empower Advisory Group LLC — Schedule C compensation
- Cetera Advisor Networks, LLC — Schedule C compensation
- Pension Plus, Inc — Schedule C compensation
- Rsm Roc & Company — Schedule C compensation