New York Life Insurance Company 401(k) Plan: Login, Facts & Contact Information

New York Life Insurance Company 401(k) Plan Facts

Plan name
NEW YORK LIFE INSURANCE COMPANY EMPLOYEE PROGRESS SHARING INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NEW YORK LIFE INSURANCE COMPANY
Participants
19,598 (12,706 active employees)
Former employees with a balance
0
Plan assets
$4,988,895,131 at Dec 31, 2024
Average account balance
$262,049 across 19,038 accounts
Employer contributions
$63,080,248 in plan year 2024 (29% of all contributions)
Recordkeeper
Alight Financial Advisors
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1969
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $221.6 million went into the plan in contributions, $63.1 million of it from the employer (29%).
  • $313.3 million was paid out to participants.
  • Investment and other income added $523.2 million.
  • Administrative expenses were $1.53 million, about $80 per account.

How the New York Life Insurance Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201915,017$3.51 billion$39.1 million$143.7 million
202015,132$3.85 billion$41.6 million$127.9 million
202115,193$4.40 billion$53.1 million$184.1 million
202218,595$4.09 billion$55.4 million$176.9 million
202319,412$4.56 billion$60.7 million$233.5 million
202419,598$4.99 billion$63.1 million$313.3 million

New York Life Insurance Company 401(k) Contact Information

Phone
212-576-7000
Mailing address
51 MADISON AVENUE, ROOM 511, NEW YORK NY 100101603
Plan sponsor
NEW YORK LIFE INSURANCE COMPANY
Plan administrator
CELINE STRICOFF VICE PRESIDENT
Employer identification number (EIN)
13-5582869
Plan number
002

Questions about the New York Life Insurance Company 401(k)

Does New York Life Insurance Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $63.1 million, 29% of all contributions.

Does the New York Life Insurance Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the New York Life Insurance Company 401(k) plan?

19,598 participants at the start of plan year 2024, 12,706 of them active employees.

What is the average 401(k) balance at New York Life Insurance Company?

About $262,049 per account: $4.99 billion in plan assets across 19,038 accounts with a balance at the end of plan year 2024.

Who manages the New York Life Insurance Company 401(k) accounts?

Alight (listed on the filing as ALIGHT FINANCIAL ADVISORS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at New York Life Insurance Company. How do I access my 401(k)?

Your account stays with Alight after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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