Retired Employees Group Term Life Insurance Plan — Form 5500 plan (Consumers Energy Company)
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, Retired Employees Group Term Life Insurance Plan is a benefit plan reported by Consumers Energy Company under EIN 38-0442310 and plan number 502. The latest loaded filing year is 2023. The filing reports 7,283 participants and $59,915,424 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Consumers Energy Company
- EIN
- 38-0442310
- Plan number
- 502
- Plan type
- 2
- Location
- Jackson, MI
- Latest filing year
- 2023
- Participants
- 7,283
- End-of-year plan assets
- $59,915,424
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 7,283 | H, C | 20241009080451NAL0032172560001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $59,915,424
- Total liabilities (EOY)
- $142,133
- Net assets (EOY)
- $59,773,291
- Net assets (BOY)
- $53,737,052
Income & contributions
- Employer contributions
- $872,350
- Total contributions
- $872,350
- Total income / additions
- $9,413,785
Expenses & distributions
- Benefits paid
- $2,281,385
- Administrative expenses
- $1,096,161
- Total expenses
- $3,377,546
- Net increase / (decrease)
- $6,036,239
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Aon Investments | CONSULTANT | $16,536 | not reported in the loaded dataset | 2023 |
| Deloitte Tax | CONSULTANT | $13,825 | not reported in the loaded dataset | 2023 |
| Northern Trust | TRUSTEE | $6,701 | not reported in the loaded dataset | 2023 |
| New England Pension Consultants | CONSULTANT | $1,199 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Consumers Energy Company
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Jackson, MI
- Aon Investments — Schedule C compensation
- Deloitte Tax — Schedule C compensation
- Northern Trust — Schedule C compensation
- New England Pension Consultants — Schedule C compensation