Plan Snapshot
- Plan Sponsor: Security Mutual Life Insurance Company
- Sponsor EIN: 150442730
- Sponsor Address: 100 COURT STREET, BINGHAMTON, NY, 13901
- Plan Type: DB
- Total Participants: 113
- Total Assets: $60.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 113 | $60.2M | $0 | $0 |
| 2023 | 125 | $54.7M | $0 | $0 |
| 2022 | 141 | $49.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| SECURITY MUTUAL LIFE INS CO OF NY | PLAN SPONSOR | $27,697 | — | $27,697 |
| 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: $27,697
- Estimated Expense Ratio: 0.046% of plan assets
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 | $27,611 | — | — | — | — |
| 2023 | $36,122 | — | — | — | — |
| 2022 | $44,369 | — | — | — | $44,369 |