2023 Form 5500 filing — Lac Vieux Desert Band Of Lake Superior Chippewa Indians 401(K) 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 20241015183207NAL0030635025001) for Lac Vieux Desert Band Of Lake Superior Chippewa Indians 401(K) Plan, reported by Lac Vieux Desert Band Of Lake Superior Chippewa under EIN 38-2629283 and plan number 001. It reports 507 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)$6.7MReported net assets$6,680,979
Participants507
Provider compensation$26K3 Schedule C row(s)$25,977
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015183207NAL0030635025001
Plan sponsor
Lac Vieux Desert Band Of Lake Superior Chippewa
EIN
38-2629283
Plan number
001
Location
Watersmeet, 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)$6.7M total assets
Net assets$6.7MLiabilities$6.6K
Money in vs. money out
Total income / additions$2.5M
Total expenses$480K
Benefits paid / distributions$443.1K
Contributions
Employer$621.7K
Participant$809.4K
Full reported line items
Total assets (EOY)
$6,687,534
Total liabilities (EOY)
$6,555
Net assets (EOY)
$6,680,979
Employer contributions
$621,716
Participant contributions
$809,371
Total income / additions
$2,488,916
Benefits paid
$443,134
Administrative expenses
$36,817
Total expenses
$479,951
Net increase / (decrease)
$2,008,965

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Sovereign Investment AdvisorsRIA$19,564not reported in the loaded dataset
Pension Plan Specialists, PcTPA$3,700$0
John Hancock Life Insurance CompanyRECORDKEEPER$2,713$0

Related Form 5500 pages