2023 Form 5500 filing — Michigan Virtual University 403(B) 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 20241014111422NAL0014824131002) for Michigan Virtual University 403(B) Plan, reported by Michigan Virtual University under EIN 38-3414105 and plan number 001. It reports 448 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014111422NAL0014824131002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Michigan Virtual University
- EIN
- 38-3414105
- Plan number
- 001
- Location
- Lansing, MI
- Participants
- 448
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,919,484
- Net assets (EOY)
- $20,919,484
- Employer contributions
- $626,213
- Participant contributions
- $817,878
- Total income / additions
- $4,713,825
- Benefits paid
- $845,962
- Administrative expenses
- $42,643
- Total expenses
- $888,605
- Net increase / (decrease)
- $3,825,220
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,451 | $0 |
| Sigma Planning Corporation | INVESTMENT ADVISORY | $0 | $17,094 |
| National Benefit Services LLC | CONTRACT ADMINISTRATOR | $2,875 | $6,589 |