2023 Form 5500 filing — Michigan Turkey Producers 401(K) Savings Plan

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 20240926094130NAL0000899648001) for Michigan Turkey Producers 401(K) Savings Plan, reported by Michigan Turkey Producers under EIN 38-3432559 and plan number 001. It reports 497 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$17.2MReported net assets$17,229,454
Participants497
Provider compensation$5.8K1 Schedule C row(s)$5,772
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240926094130NAL0000899648001
Plan sponsor
Michigan Turkey Producers
EIN
38-3432559
Plan number
001
Location
Grand Rapids, MI
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$17.2M total assets
Net assets$17.2MLiabilities$0
Money in vs. money out
Total income / additions$3.9M
Total expenses$2.3M
Benefits paid / distributions$2.2M
Contributions
Employer$534.2K
Participant$966.5K
Full reported line items
Total assets (EOY)
$17,229,454
Total liabilities (EOY)
$0
Net assets (EOY)
$17,229,454
Employer contributions
$534,182
Participant contributions
$966,457
Total income / additions
$3,901,163
Benefits paid
$2,198,917
Administrative expenses
$97,762
Total expenses
$2,296,679
Net increase / (decrease)
$1,604,484

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
John Hancock Life Insurance CompanyRECORDKEEPER$5,772$0

Related Form 5500 pages