Plan Snapshot
- Plan Sponsor: Preferred Mutual Insurance Company
- Sponsor EIN: 150420080
- Sponsor Address: 1 PREFERRED WAY, NEW BERLIN, NY, 134111800
- Plan Type: DC
- Total Participants: 312
- Total Assets: $48.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 312 | $48.4M | $858,976 | $2.4M |
| 2023 | 290 | $44.4M | $823,311 | $2.1M |
| 2022 | 294 | $39.3M | $784,029 | $1.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $27,824 | $8,061 | — | — | — |
| 2023 | $19,094 | $4,382 | — | — | — |
| 2022 | $12,348 | $2 | — | — | — |