Universal Insurance Company Profit Sharing And Savings Plan — Form 5500 plan (Universal Group)
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 And Savings Plan is a benefit plan reported by Universal Group under EIN 66-0313825 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,280 participants and $121,730,461 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Universal Group
- EIN
- 66-0313825
- Plan number
- 001
- Plan type
- 2
- Location
- Guaynabo, PR
- Latest filing year
- 2023
- Participants
- 1,280
- End-of-year plan assets
- $121,730,461
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,280 | H, C | 20240731082437NAL0021218161001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $121,730,461
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $121,730,461
- Net assets (BOY)
- $105,211,351
Income & contributions
- Employer contributions
- $4,177,341
- Participant contributions
- $3,599,015
- Total contributions
- $7,923,137
- Total income / additions
- $21,200,567
Expenses & distributions
- Benefits paid
- $4,270,458
- Administrative expenses
- $380,047
- Total expenses
- $4,681,457
- Net increase / (decrease)
- $16,519,110
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $204,882 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $159,930 | $0 | 2023 |
| Cetera Advisor Networks LLC | BROKER/ ADVISER | $0 | $78,613 | 2023 |
| Pension Plus Inc | AUDITOR | $5,163 | $10,000 | 2023 |
| Rsm Roc & Company | AUDITOR | $13,104 | not reported in the loaded dataset | 2023 |
| Ferraiuoli LLC | OTHER | $3,589 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Universal Group
- 2023 Form 5500 filing
- Form 5500 filings in PR
- 401(k) and benefit plan filings in Guaynabo, PR
- Empower Advisory Group, LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Cetera Advisor Networks LLC — Schedule C compensation
- Pension Plus Inc — Schedule C compensation
- Rsm Roc & Company — Schedule C compensation
- Ferraiuoli LLC — Schedule C compensation