2023 Form 5500 filing — Semco Energy, Inc. Union Employees' Retirement 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 20251003083846NAL0001158865001) for Semco Energy, Inc. Union Employees' Retirement Plan, reported by Semco Energy, Inc. under EIN 38-2144267 and plan number 002. It reports 245 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20251003083846NAL0001158865001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Semco Energy, Inc.
- EIN
- 38-2144267
- Plan number
- 002
- Location
- Port Huron, MI
- Participants
- 245
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $76,897,049
- Total liabilities (EOY)
- $349,749
- Net assets (EOY)
- $76,547,300
- Employer contributions
- $312,168
- Total income / additions
- $10,106,102
- Benefits paid
- $3,022,924
- Administrative expenses
- $366,435
- Total expenses
- $3,389,359
- Net increase / (decrease)
- $6,716,743
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Aon Consulting, Inc. | RETIREMENT SERVICES | $56,658 | not reported in the loaded dataset |
| Bdo Usa, P.C. | PLAN AUDITOR | $35,991 | not reported in the loaded dataset |
| Schwartz & Co. | INVESTMENT ADVISOR | $34,076 | $0 |
| Willis Towers Watson Us LLC | ACTUARY | $33,875 | not reported in the loaded dataset |
| Comerica Bank | DIRECTED TRUSTEE | $22,575 | $0 |