401(k) · DOL Form 5500 · 2024

Preferred Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
290
Participants Below avg headcount
84th
Percentile by assets National rank
$167,044
Avg per participant Above avg balance/head
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Official DOL plan name: Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan · Sponsored by Preferred Mutual Insurance Company · New York · Finance & Insurance

$48M in assets, 290 participants

Preferred Mutual Insurance Company's Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan reported $48M in total assets and 290 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,400 in Finance & Insurance (8,549 peers)

Coverage in New York

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan covers 290 participants in New York, about 36% of the average New York filer (state average ~798 per filing). Assets: $48M.

#6,400
in Finance & Insurance (8,549 peers)
+9.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan's outsized position by total assets

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$48,442,876 Top 16% higher than 84% of 123,620 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 2024

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan sits mid-pack in the medium band (290 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan end-of-year assets rose from $44M in the plan year 2023 filing to $48M in the plan year 2024 filing.
  • Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan reported participants fell from 294 in the plan year 2023 filing to 290 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 150420080 · Preferred Mutual Insurance Company PY 2024 · 401(k)

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan · $48M · 290 · 84th

  • BOOK $48M
  • BOOK 290
  • BOOK 84th
  • BOOK 401(k)
  • BOOK near Spencer Savings Bank Sla Savings Retirement Plan
  • BOOK ind #6400

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 Employees' Cash and Deferred Savings Profit Sharing Plan in the asset neighbourhood

Niit (USA), Inc. 401(k) Plan$48MSpencer Savings Bank Sla Savings Retirement PlanSpencer Savings Bank Sla Sav…$48MSycamores 401(k) Plan$48MPreferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing PlanPreferred Mutual Insurance C…$48MSampson Construction Co. , Inc. 401(k) Profit Sharing Plan & TrustSampson Construction Co. , I…$48M
End-of-year total assets ($M) among Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$48M
Net Income$4M
Employer EIN150420080
Plan Effective Date1985-06-01
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 401(k) Plans in New York

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

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan, Total assets ($B): 0.048442876 · Participants: 290Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan side-by-side with 3 peers →

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Spencer Savings Bank Sla Savings Retirement Plan in NJ ($48M); by covered participants it is Bcinsourcing, LLC 401(k) Plan in KS (290 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (290 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan assets move in 2024? ▼
Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan grew at a solid clip - up 9.2% during 2024, from $44M to $48M. Reported net income was $4M.
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 Employees' Cash and Deferred Savings Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Spencer Savings Bank Sla Savings Retirement Plan in NJ ($48M, 299 participants).
Which 401(k) plans cover a similar participant headcount to Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bcinsourcing, LLC 401(k) Plan in KS (290 participants, $16M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.