2023 Form 5500 filing — Michigan State University Federal Credit Union
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240809142349NAL0011131840001) for Michigan State University Federal Credit Union, reported by Michigan State University Federal Credit Union under EIN 38-1373106 and plan number 002. It reports 1,424 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240809142349NAL0011131840001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Michigan State University Federal Credit Union
- EIN
- 38-1373106
- Plan number
- 002
- Location
- East Lansing, MI
- Participants
- 1,424
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $144,292,609
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $144,292,609
- Employer contributions
- $8,541,574
- Participant contributions
- $7,486,342
- Total income / additions
- $39,503,126
- Benefits paid
- $6,708,678
- Administrative expenses
- $212,031
- Total expenses
- $6,925,546
- Net increase / (decrease)
- $32,577,580
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $151,811 | $0 |
| Capfinancial Partners LLC | INVESTMENT ADVISORY | $60,220 | not reported in the loaded dataset |