Plan Snapshot
- Plan Sponsor: Security Mutual Life Insurance Company Of New York
- Sponsor EIN: 150442730
- Sponsor Address: 100 COURT STREET, BINGHAMTON, NY, 13902
- Plan Type: DC
- Total Participants: 118
- Total Assets: $17.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 118 | $17.9M | $119,927 | $98,853 |
| 2023 | 118 | $18.8M | $96,816 | $150,874 |
| 2022 | 126 | $18.9M | $106,648 | $168,413 |
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 |
|---|---|---|---|---|
| JOHNSON LAUDER & SAVIDGE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHNSON LAUDER & SAVIDGE, 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 | $26,854 | $1,106 | — | — | — |
| 2023 | $29,403 | $330 | — | — | — |
| 2022 | $33,696 | $157 | — | — | — |