Raiseright, LLC 401(K) Plan — Form 5500 plan (Raiseright, LLC)

Plain-English plan 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, Raiseright, LLC 401(K) Plan is a benefit plan reported by Raiseright, LLC under EIN 20-0856016 and plan number 001. The latest loaded filing year is 2023. The filing reports 205 participants and $7,430,141 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Raiseright, LLC
EIN
20-0856016
Plan number
001
Plan type
2
Location
Kentwood, MI
Latest filing year
2023
Participants
205
End-of-year plan assets
$7,430,141

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023205H, C20241015100709NAL0047300944001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,430,141
Total liabilities (EOY)
$4,630
Net assets (EOY)
$7,425,511
Net assets (BOY)
$11,805,589

Income & contributions

Employer contributions
$1,016,659
Participant contributions
$1,209,534
Total contributions
$2,416,410
Total income / additions
$4,616,018

Expenses & distributions

Benefits paid
$1,575,449
Administrative expenses
$46,089
Total expenses
$1,621,538
Net increase / (decrease)
$2,994,480

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus Financial, N.A.NONE$46,089$02023

Related Form 5500 pages