2023 Form 5500 filing — Semco Energy, Inc. Retiree Medical 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 20241015153802NAL0057007154001) for Semco Energy, Inc. Retiree Medical Plan, reported by Semco Energy, Inc. under EIN 38-2144267 and plan number 521. It reports 290 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015153802NAL0057007154001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Semco Energy, Inc.
- EIN
- 38-2144267
- Plan number
- 521
- Location
- Port Huron, MI
- Participants
- 290
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,720,960
- Total liabilities (EOY)
- $12,720
- Net assets (EOY)
- $11,708,240
- Employer contributions
- $213,231
- Participant contributions
- $878,175
- Total income / additions
- $2,607,517
- Benefits paid
- $1,370,114
- Administrative expenses
- $563,360
- Total expenses
- $1,933,474
- Net increase / (decrease)
- $674,043
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Carefirst Bluecross Blueshield | CONTRACT ADMINISTRATOR | $150,060 | not reported in the loaded dataset |
| Cvs Caremark | CONTRACT ADMINISTRATOR | $12,245 | not reported in the loaded dataset |
| Bdo Usa, P.C. | PLAN AUDITOR | $6,370 | not reported in the loaded dataset |
| Comerica Bank | DIRECTED TRUSTEE | $5,450 | $0 |
| Schwartz & Co. | INVESTMENT ADVISOR | $5,006 | $0 |