401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$75M
Total assets Below avg plan size
307
Participants Below avg headcount
89th
Percentile by assets National rank
$243,569
Avg per participant Above avg balance/head
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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

$75M in assets, 307 participants

Security Mutual Life Insurance Company of New York's Security Mutual Life Insurance Company of New York Profit Sharing Plan reported $75M in total assets and 307 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,379 in Finance & Insurance (8,869 peers)

Coverage in New York

Security Mutual Life Insurance Company of New York Profit Sharing Plan covers 307 participants in New York, about 38% of the average New York filer (state average ~798 per filing). Assets: $75M.

#7,379
in Finance & Insurance (8,869 peers)
+15.4%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Security Mutual Life Insurance Company of New York Profit Sharing Plan's outsized position 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 2023 · DOL Form 5500

$74,775,770 Top 11% higher than 89% of 127,068 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 2023

Security Mutual Life Insurance Company of New York Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Security Mutual Life Insurance Company of New York Profit Sharing Plan sits mid-pack in the medium band (307 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Security Mutual Life Insurance Company of New York Profit Sharing Plan reported net income rose from -$12M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Security Mutual Life Insurance Company of New York Profit Sharing Plan end-of-year assets rose from $65M in the plan year 2022 filing to $75M in the plan year 2023 filing.
  • Security Mutual Life Insurance Company of New York Profit Sharing Plan reported participants fell from 311 in the plan year 2022 filing to 307 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 150442730 · Security Mutual Life Insurance Company of New York PY 2023 · 401(k)

Security Mutual Life Insurance Company of New York Profit Sharing Plan · $75M · 307 · 89th

  • PART $75M
  • PART 307
  • PART 89th
  • PART 401(k)
  • PART near Covenant Care 401(k) Plan
  • PART ind #7379

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 →

Security Mutual Life Insurance Company of New York Profit Sharing Plan in the asset neighbourhood

Intellibridge 401(k) Plan$75MFastly, Inc. 401(k) Plan$75MSecurity Mutual Life Insurance Company of New York Profit Sharing PlanSecurity Mutual Life Insuran…$75MCovenant Care 401(k) Plan$75MOpus Inspection 401(k) Plan$75M
End-of-year total assets ($M) among Security Mutual Life Insurance Company of New York Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$65M
Net Assets (End of Year)$75M
Net Income$10M
Employer EIN150442730
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Security Mutual Life Insurance Company of New York plans reported in each filing year

Latest sponsor-wide plan assets
$162M 22.192180643685518% vs 2022
2024 filing year
$120M$130M$140M$150M$160M$170M 202220232024 $133M $162M ▲ +22.2%
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 -20020406080 Total assets ($B) Participants Security Mutual Life Insurance Company of New York Profit Sharing Plan, Total assets ($B): 0.07477577 · Participants: 307Security Mutual Life Insurance Company of New York Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
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 of New York Profit Sharing Plan side-by-side with 3 peers →

Security Mutual Life Insurance Company of New York Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Covenant Care 401(k) Plan in CA ($75M); by covered participants it is Reliable Heating and Air 401(k) Plan in GA (307 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($75M here).

Similar participant headcount

Nearest other-state filings by covered participants (307 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Security Mutual Life Insurance Company of New York Profit Sharing Plan assets move in 2023? ▼
Security Mutual Life Insurance Company of New York Profit Sharing Plan grew sharply - up 15.4% during 2023, from $65M to $75M. Reported net income was $10M.
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 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile 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 Covenant Care 401(k) Plan in CA ($75M, 4,439 participants).
Which 401(k) plans cover a similar participant headcount to Security Mutual Life Insurance Company of New York Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Reliable Heating and Air 401(k) Plan in GA (307 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.