Sba Defined Contribution Plan For Bankers Insurance, LLC — Form 5500 plan (Bankers Insurance, LLC)

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, Sba Defined Contribution Plan For Bankers Insurance, LLC is a benefit plan reported by Bankers Insurance, LLC under EIN 54-1948974 and plan number 001. The latest loaded filing year is 2023. The filing reports 344 participants and $36,559,125 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bankers Insurance, LLC
EIN
54-1948974
Plan number
001
Plan type
2
Location
Glen Allen, VA
Latest filing year
2023
Participants
344
End-of-year plan assets
$36,559,125

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023344H, C20241015155406NAL0015016099001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$36,559,125
Total liabilities (EOY)
$0
Net assets (EOY)
$36,559,125
Net assets (BOY)
$34,628,242

Income & contributions

Employer contributions
$1,029,886
Participant contributions
$1,756,353
Total contributions
$3,013,458
Total income / additions
$8,119,009

Expenses & distributions

Benefits paid
$5,975,588
Administrative expenses
$212,538
Total expenses
$6,188,126
Net increase / (decrease)
$1,930,883

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Insurance & AnnuityRECORDKEEPER$128,287$02023
Vba Benefits CorporationSERVICE PROVIDER$84,220not reported in the loaded dataset2023

Related Form 5500 pages