Metro Health 403(B) Retirement Savings Plan — Form 5500 plan (University Of Michigan Health-West)

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, Metro Health 403(B) Retirement Savings Plan is a benefit plan reported by University Of Michigan Health-West under EIN 38-0593405 and plan number 003. The latest loaded filing year is 2023. The filing reports 3,948 participants and $198,828,668 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
University Of Michigan Health-West
EIN
38-0593405
Plan number
003
Plan type
2
Location
Wyoming, MI
Latest filing year
2023
Participants
3,948
End-of-year plan assets
$198,828,668

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,948H, C20241007105303NAL0025968480001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$198,828,668
Total liabilities (EOY)
$0
Net assets (EOY)
$198,828,668
Net assets (BOY)
$167,309,660

Income & contributions

Employer contributions
$3,690,966
Participant contributions
$16,038,859
Total contributions
$23,383,484
Total income / additions
$47,316,296

Expenses & distributions

Benefits paid
$15,371,873
Administrative expenses
$420,163
Total expenses
$15,797,288
Net increase / (decrease)
$31,519,008

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$327,977$02023
Merrill LynchINVESTMENT ADVISORY$92,186$642023
University Of Michigan Health - WesOTHER SERVICES$0$25,0002023

Related Form 5500 pages