Defined Benefit (Pension) · DOL Form 5500 · 2024

Preferred Mutual Insurance Company Pension Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
235
Participants Below avg headcount
84th
Percentile by assets National rank
$213,068
Avg per participant Above avg balance/head
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Official DOL plan name: Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan · Sponsored by Preferred Mutual Insurance Company · New York · Finance & Insurance

$50M in assets, 235 participants

Preferred Mutual Insurance Company's Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan reported $50M in total assets and 235 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.

  • #6,450 in Finance & Insurance (8,549 peers)

Coverage in New York

Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan covers 235 participants in New York, about 29% of the average New York filer (state average ~798 per filing). Assets: $50M.

#6,450
in Finance & Insurance (8,549 peers)
+1.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$50,070,866 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 Retirement Benefit Accumulation 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 Retirement Benefit Accumulation Plan sits mid-pack in the medium band (235 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan reported net income fell from $4M in the plan year 2023 filing to $42K in the plan year 2024 filing.
  • Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan reported participants fell from 243 in the plan year 2023 filing to 235 in the plan year 2024 filing.
  • Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan end-of-year assets rose from $49M in the plan year 2023 filing to $50M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 150420080 · Preferred Mutual Insurance Company PY 2024 · Defined Benefit (Pension)

Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan · $50M · 235 · 84th

  • NET $50M
  • BOOK 235
  • VS-ST 84th
  • BOY Defined Benefit (Pension)
  • SCH near Permanente Dentists Retirement Plan for Permanente Dental Associates
  • EBSA ind #6450

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

Ametek, Inc. Aerospace Division Pension PlanAmetek, Inc. Aerospace Divis…$50MMclane Middleton Professional Association Pension PlanMclane Middleton Professiona…$50MPermanente Dentists Retirement Plan for Permanente Dental AssociatesPermanente Dentists Retireme…$50MPreferred Mutual Insurance Company Retirement Benefit Accumulation PlanPreferred Mutual Insurance C…$50MBoys Republic Pension Plan TrustBoys Republic Pension Plan T…$50M
End-of-year total assets ($M) among Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$49M
Net Income$42K
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. -50000050000100000150000 -505101520 Total assets ($B) Participants Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan, Total assets ($B): 0.050070866 · Participants: 235Preferred Mutual Insurance Company Retirement Benefit Accumulation PlanIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
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 Permanente Dentists Retirement Plan for Permanente Dental Associates in OR ($50M); by covered participants it is Quad/Graphics Printing Pension Plan in CT (235 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (235 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 Retirement Benefit Accumulation Plan assets move in 2024? ▼
Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan edged up modestly - up 1.4% during 2024, from $49M to $50M. Reported net income was $42K.
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 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 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 Permanente Dentists Retirement Plan for Permanente Dental Associates in OR ($50M, 152 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 Quad/Graphics Printing Pension Plan in CT (235 participants, $279M 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.