Defined Benefit (Pension) · DOL Form 5500 · 2022

Preferred Mutual Insurance Company Pension Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
245
Participants Below avg headcount
87th
Percentile by assets National rank
$183,376
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan · Sponsored by Preferred Mutual Insurance Company · New York · Finance & Insurance

$45M in assets, 245 participants

Preferred Mutual Insurance Company's Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan reported $45M in total assets and 245 participants in its 2022 DOL Form 5500 filing, ranking in the 87th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,339 in Finance & Insurance (9,261 peers)

Coverage in New York

Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan covers 245 participants in New York, about 31% of the average New York filer (state average ~798 per filing). Assets: $45M.

#7,339
in Finance & Insurance (9,261 peers)
-18.3%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan's outsized position by total assets

Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$44,927,100 Top 13% higher than 87% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan sits mid-pack in the medium band (245 participants).

Form 5500 schedule snapshot

Filing strip 150420080 · Preferred Mutual Insurance Company PY 2022 · Defined Benefit (Pension)

Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan · $45M · 245 · 87th

  • PART $45M
  • PART 245
  • PART 87th
  • PART Defined Benefit (Pension)
  • PART near Hiway Credit Union Defined Benefit Plan and Trust
  • PART ind #7339

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in New York →

Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan in the asset neighbourhood

Preferred Mutual Insurance Company Retirement Benefit Accumulation PlanPreferred Mutual Insurance C…$45MHiway Credit Union Defined Benefit Plan and TrustHiway Credit Union Defined B…$45MTeamsters Local No. 35 Pension PlanTeamsters Local No. 35 Pensi…$45MStar Tribune Retirement Plan aStar Tribune Retirement Plan…$45MForemost Farms USA Hourly Employees Pension PlanForemost Farms USA Hourly Em…$45M
End-of-year total assets ($M) among Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$45M
Net Income-$10M
Employer EIN150420080
Plan Effective Date1966-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Preferred Mutual Insurance Company)

Sponsor-wide plan assets over time

All Preferred Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$99M 16.985815067616265% vs 2022
2024 filing year
$80M$85M$90M$95M$100M 202220232024 $84.2M $98.5M ▲ +17.0%
Year Plans Participants Total Assets
2022 2 532 $84M
2023 2 537 $94M
2024 2 525 $99M

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan, Total assets ($B): 0.0449271 · Participants: 245Preferred Mutual Insurance Company Retirement Benefit Accumulation PlanIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan side-by-side with 3 peers →

Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Hiway Credit Union Defined Benefit Plan and Trust in MN ($45M); by covered participants it is Nelson Mullins Riley & Scarborough LLP Cash Balance Retirement Plan in SC (245 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (245 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan assets move in 2022? ▼
Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan declined sharply - down 18.3% during 2022, from $55M to $45M. Reported net income was -$10M.
How have Preferred Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Preferred Mutual Insurance Company's sponsor-wide assets grew 17.0%, from $84M to $99M.
Where does Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan rank by assets among Form 5500 filers? ▼
Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hiway Credit Union Defined Benefit Plan and Trust in MN ($45M, 196 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Nelson Mullins Riley & Scarborough LLP Cash Balance Retirement Plan in SC (245 participants, $91M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 150420080.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.