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, Client Financial Services Of Michigan LLC 401(K) Profit Sharing Plan is a benefit plan reported by Client Financial Services Of Michigan, LLC under EIN 37-1517313 and plan number 001. The latest loaded filing year is 2023. The filing reports 129 participants and $1,786,209 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,786,209
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,786,209
- Net assets (BOY)
- $1,327,019
Income & contributions
- Employer contributions
- $20,000
- Participant contributions
- $215,156
- Total contributions
- $235,156
- Total income / additions
- $485,420
Expenses & distributions
- Benefits paid
- $22,773
- Administrative expenses
- $3,457
- Total expenses
- $26,230
- Net increase / (decrease)
- $459,190