401(k) · DOL Form 5500 · 2022

Security Mutual Life Insurance Company of New York 401(k) Plan

Data updated 2026-08-11

$65M
Total assets
311
Participants
90th
Percentile by assets
$208,281
Avg per participant
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Official DOL plan name: Security Mutual Life Insurance Company of New York Profit Sharing Plan · Sponsored by Security Mutual Life Insurance Company of New York · New York · Finance & Insurance

$65M in assets, 311 participants

Security Mutual Life Insurance Company of New York's Security Mutual Life Insurance Company of New York Profit Sharing Plan reported $65M in total assets and 311 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 139,126 plans)
  • #7,766 in Finance & Insurance (9,261 peers)

Coverage in New York

Security Mutual Life Insurance Company of New York Profit Sharing Plan covers 311 participants in New York, about 39% of the average New York filer (state average ~798 per filing). Assets: $65M.

$65M
total plan assets (2022 EOY)
311
covered participants
90th
percentile by assets (of 139,126 plans)
$208,281
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Security Mutual Life Insurance Company of New York Profit Sharing Plan sits by total assets

Security Mutual Life Insurance Company of New York Profit Sharing Plan vs every filed plan by assets

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

$64,775,319 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
New York
Industry
Finance & Insurance

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Security Mutual Life Insurance Company of New York Profit Sharing Plan reports 311 participants - about 39% of that state average ($65M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$65M
Net Income-$12M
Employer EIN150442730
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Security Mutual Life Insurance Company of New York)

$120M$130M$140M$150M$160M$170M 202220232024 $133M $162M ▲ +22.2%
Total plan assets by year, all Security Mutual Life Insurance Company of New York plans on file
Year Plans Participants Total Assets
2022 3 590 $133M
2023 3 574 $148M
2024 3 540 $162M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Security Mutual Life Insurance Company of New York Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Security Mutual Life…, Total assets ($B): 0.064775319 · Participants: 311Security Mutual Life…IBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k…, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k…The Pepsico Savings …, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings …Deloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 40…, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 40…
Security Mutual Life Insurance Company of New York Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Security Mutual Life Insurance Company o… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Security Mutual Life Insurance Company of New York Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Security Mutual Life Insurance Company of New York Profit Sharing Plan assets move in 2022? ▼
Security Mutual Life Insurance Company of New York Profit Sharing Plan declined sharply - down 15.8% during 2022, from $77M to $65M. Reported net income was -$12M.
How have Security Mutual Life Insurance Company of New York plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Security Mutual Life Insurance Company of New York's sponsor-wide assets grew 22.2%, from $133M to $162M.
Where does Security Mutual Life Insurance Company of New York Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Security Mutual Life Insurance Company of New York Profit Sharing Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Security Mutual Life Insurance Company of New York Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dr. Reddy's Laboratories Inc. 401(k) Profit Sharing Plan in NJ ($65M, 323 participants).

Next read for Security Mutual Life Insurance Company o…

Filing takeaways

Ways to act on Security Mutual Life Insurance Company of New York Profit Sharing Plan's numbers.

  • By total assets, Security Mutual Life Insurance Company of New York Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
  • Security Mutual Life Insurance Company of New York's sponsor-wide assets have grown 22.2% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 150442730.

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.