Civic Intelligence

Southern Michigan Mutual Insurance Company

Plan context: USA UNDERWRITERS 401K PLAN

EIN 38-1659168 • Birmingham, MI • 10 filings • 3 plans

400 Hamilton RowSuite 300Birmingham, MI 48009
Current Snapshot

Latest Year

2024

2024 Participants

31

2024 Assets

$3,531,321

2024 Contributions

$453,505

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$3,531,321$1,765,661$0201620202024YearValue
$3,531,321Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

31160201620202024YearValue
31Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024131$3,531,321$453,505$14,629iApproximate average salary by contribution assumption: employee only about $365,730 at 4% or $243,820 at 6%; with 50% employer match about $243,820 at 4% or $162,547 at 6%; with 100% employer match about $182,865 at 4% or $121,910 at 6%.
USA UNDERWRITERS 401K PLAN-31$3,531,321$453,505$14,629iApproximate average salary by contribution assumption: employee only about $365,730 at 4% or $243,820 at 6%; with 50% employer match about $243,820 at 4% or $162,547 at 6%; with 100% employer match about $182,865 at 4% or $121,910 at 6%.
2023118$2,494,245$353,833$19,657iApproximate average salary by contribution assumption: employee only about $491,435 at 4% or $327,623 at 6%; with 50% employer match about $327,623 at 4% or $218,415 at 6%; with 100% employer match about $245,717 at 4% or $163,812 at 6%.
USA UNDERWRITERS 401K PLAN-18$2,494,245$353,833$19,657iApproximate average salary by contribution assumption: employee only about $491,435 at 4% or $327,623 at 6%; with 50% employer match about $327,623 at 4% or $218,415 at 6%; with 100% employer match about $245,717 at 4% or $163,812 at 6%.
2022116$1,950,698$283,518$17,720iApproximate average salary by contribution assumption: employee only about $442,997 at 4% or $295,331 at 6%; with 50% employer match about $295,331 at 4% or $196,888 at 6%; with 100% employer match about $221,498 at 4% or $147,666 at 6%.
USA UNDERWRITERS 401K PLAN-16$1,950,698$283,518$17,720iApproximate average salary by contribution assumption: employee only about $442,997 at 4% or $295,331 at 6%; with 50% employer match about $295,331 at 4% or $196,888 at 6%; with 100% employer match about $221,498 at 4% or $147,666 at 6%.
2021114$2,117,530$380,006$27,143iApproximate average salary by contribution assumption: employee only about $678,582 at 4% or $452,388 at 6%; with 50% employer match about $452,388 at 4% or $301,592 at 6%; with 100% employer match about $339,291 at 4% or $226,194 at 6%.
USA UNDERWRITERS 401K PLAN-14$2,117,530$380,006$27,143iApproximate average salary by contribution assumption: employee only about $678,582 at 4% or $452,388 at 6%; with 50% employer match about $452,388 at 4% or $301,592 at 6%; with 100% employer match about $339,291 at 4% or $226,194 at 6%.
2020110$1,684,009$323,730$32,373iApproximate average salary by contribution assumption: employee only about $809,325 at 4% or $539,550 at 6%; with 50% employer match about $539,550 at 4% or $359,700 at 6%; with 100% employer match about $404,663 at 4% or $269,775 at 6%.
USA UNDERWRITERS 401K PLAN-10$1,684,009$323,730$32,373iApproximate average salary by contribution assumption: employee only about $809,325 at 4% or $539,550 at 6%; with 50% employer match about $539,550 at 4% or $359,700 at 6%; with 100% employer match about $404,663 at 4% or $269,775 at 6%.
201919$1,173,200$296,495$32,944iApproximate average salary by contribution assumption: employee only about $823,597 at 4% or $549,065 at 6%; with 50% employer match about $549,065 at 4% or $366,043 at 6%; with 100% employer match about $411,799 at 4% or $274,532 at 6%.
USA UNDERWRITERS 401K PLAN-9$1,173,200$296,495$32,944iApproximate average salary by contribution assumption: employee only about $823,597 at 4% or $549,065 at 6%; with 50% employer match about $549,065 at 4% or $366,043 at 6%; with 100% employer match about $411,799 at 4% or $274,532 at 6%.
201818$775,740$316,028$39,504iApproximate average salary by contribution assumption: employee only about $987,588 at 4% or $658,392 at 6%; with 50% employer match about $658,392 at 4% or $438,928 at 6%; with 100% employer match about $493,794 at 4% or $329,196 at 6%.
USA UNDERWRITERS 401K PLAN-8$775,740$316,028$39,504iApproximate average salary by contribution assumption: employee only about $987,588 at 4% or $658,392 at 6%; with 50% employer match about $658,392 at 4% or $438,928 at 6%; with 100% employer match about $493,794 at 4% or $329,196 at 6%.
201718$487,049$339,500$42,438iApproximate average salary by contribution assumption: employee only about $1,060,938 at 4% or $707,292 at 6%; with 50% employer match about $707,292 at 4% or $471,528 at 6%; with 100% employer match about $530,469 at 4% or $353,646 at 6%.
USA UNDERWRITERS 401K PLAN-8$487,049$339,500$42,438iApproximate average salary by contribution assumption: employee only about $1,060,938 at 4% or $707,292 at 6%; with 50% employer match about $707,292 at 4% or $471,528 at 6%; with 100% employer match about $530,469 at 4% or $353,646 at 6%.
201618$141,561$142,000$17,750iApproximate average salary by contribution assumption: employee only about $443,750 at 4% or $295,833 at 6%; with 50% employer match about $295,833 at 4% or $197,222 at 6%; with 100% employer match about $221,875 at 4% or $147,917 at 6%.
USA Underwriters 401K Plan-8$141,561$142,000$17,750iApproximate average salary by contribution assumption: employee only about $443,750 at 4% or $295,833 at 6%; with 50% employer match about $295,833 at 4% or $197,222 at 6%; with 100% employer match about $221,875 at 4% or $147,917 at 6%.
199910$0$189,774-
Southern Michigan Mutual Insurance Company Employee Pension Plan-0-$189,774-