Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan

Reviewed by PlainRetire Editorial, Retirement Plans Editorial Team · June 16, 2026

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Preferred Mutual Insurance Company · New York · Finance & Insurance

What the 2023 filing shows

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan holds $48M for 290 participants — about $167,044 per participant, up 9.2% over the 2024 plan year.

$48M
total plan assets (2024 EOY): 290
covered participants: $167,044
avg assets per participant: +9.2%
assets growth YoY

Total Assets (2023)

$48M

Participants

290

State

New York

Industry

Finance & Insurance

What the Filing Says About Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan is a 401(k) retirement plan sponsored by Preferred Mutual Insurance Company, headquartered in New York. As of the 2024 Form 5500 filing, the plan reports $48M in total end-of-year assets and covers 290 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 150420080, and the plan has been effective since 1985-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $44M at the beginning of 2024 to $48M at year-end — a gain of 9.2%. Net assets (after liabilities) closed the year at $48M, with reported net income of $4M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$44M
Total Assets (End of Year)	$48M
Net Assets (End of Year)	$48M
Net Income	$4M
Plan Type	401(k)
Employer EIN	150420080
Plan Effective Date	1985-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Preferred Mutual Insurance Company)

Year	Plans	Participants	Total Assets
2022	2	532	$84M
2023	2	537	$94M
2024	2	525	$99M

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Related Data

Guides

Frequently Asked Questions

How much money is in the Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan? ▼

As of the 2024 Form 5500 filing, Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan holds $48M in total assets with 290 participants. It is sponsored by Preferred Mutual Insurance Company.

What type of plan is Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan? ▼

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan is a 401(k) plan. It has been effective since 1985-06-01. The plan is filed with the U.S. Department of Labor under EIN 150420080.

Who sponsors the Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan? ▼

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan is sponsored by Preferred Mutual Insurance Company, located in New York. The sponsor's EIN is 150420080 and the plan operates in the Finance & Insurance industry.

How did Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan perform in 2024? ▼

Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan grew by 9.2% during 2024, moving from $44M to $48M in total assets. Net income was $4M.

Where can I find official filings for Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan? ▼

Official Form 5500 filings for Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 150420080 or plan name at efast.dol.gov.

How does Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan compare to other plans? ▼

You can compare Preferred Mutual Insurance Company Employees' Cash and Deferred Savings Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.