2023 Form 5500 filing — Retirement Plan For Michigan Credit Union Employees 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 20250206135550NAL0006155075001) for Retirement Plan For Michigan Credit Union Employees 401(K) Savings Plan, reported by Michigan Credit Union League under EIN 38-0826778 and plan number 334. It reports 15,368 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250206135550NAL0006155075001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Michigan Credit Union League
- EIN
- 38-0826778
- Plan number
- 334
- Location
- Plymouth, MI
- Participants
- 15,368
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $903,688,215
- Total liabilities (EOY)
- $3,729
- Net assets (EOY)
- $903,684,486
- Employer contributions
- $30,764,759
- Participant contributions
- $37,258,614
- Total income / additions
- $212,738,653
- Benefits paid
- $69,775,588
- Administrative expenses
- $1,923,695
- Total expenses
- $72,134,963
- Net increase / (decrease)
- $140,603,690
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $1,675,759 | $0 |
| Benefits Investment Consulting | INVESTMENT MANAGEMENT | $0 | $100,933 |
| Fiducient Advisors | INVESTMENT ADVISORY | $80,000 | not reported in the loaded dataset |
| Warner, Norcross & Judd Llp | LEGAL | $71,958 | not reported in the loaded dataset |
| National Cu Services | INSURANCE SERVICES | $55,105 | not reported in the loaded dataset |
| Doeren Mayhew | AUDIT | $40,000 | not reported in the loaded dataset |
| Matrix | INVESTMENT MANAGEMENT | $0 | $4,960 |