Mea-Messa-Mea Financial Services Staff Retirement Plan & Trust — Form 5500 plan (Michigan Education Association)
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, Mea-Messa-Mea Financial Services Staff Retirement Plan & Trust is a benefit plan reported by Michigan Education Association under EIN 38-0827000 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,575 participants and $707,937,624 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Michigan Education Association
- EIN
- 38-0827000
- Plan number
- 001
- Plan type
- 2
- Location
- East Lansing, MI
- Latest filing year
- 2023
- Participants
- 1,575
- End-of-year plan assets
- $707,937,624
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,575 | H, C | 20250606123706NAL0009173987001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $707,937,624
- Total liabilities (EOY)
- $19,423,877
- Net assets (EOY)
- $688,513,747
- Net assets (BOY)
- $643,217,401
Income & contributions
- Employer contributions
- $15,000,000
- Participant contributions
- $2,801,466
- Total contributions
- $17,801,466
- Total income / additions
- $99,060,193
Expenses & distributions
- Benefits paid
- $50,669,849
- Administrative expenses
- $3,093,998
- Total expenses
- $53,763,847
- Net increase / (decrease)
- $45,296,346
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Michigan Education Association | SHARED SERVICES/REIMBURSE | $535,798 | not reported in the loaded dataset | 2023 |
| Income Research & Management Inc. | FIDUCIARY | $421,779 | not reported in the loaded dataset | 2023 |
| Marquette Associates | FIDUCIARY | $382,200 | not reported in the loaded dataset | 2023 |
| Milliman | ACTUARY | $174,702 | not reported in the loaded dataset | 2023 |
| Northern Trust | TRUSTEE | $90,474 | $0 | 2023 |
| Novara Tesija Catenacci, Pllc | LAWYER | $79,662 | not reported in the loaded dataset | 2023 |
| Milliman | IT SERVICES | $29,362 | not reported in the loaded dataset | 2023 |
| Maner Costerisan, P.C. | ACCOUNTANT | $25,830 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Michigan Education Association
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in East Lansing, MI
- Michigan Education Association — Schedule C compensation
- Income Research & Management Inc. — Schedule C compensation
- Marquette Associates — Schedule C compensation
- Milliman — Schedule C compensation
- Northern Trust — Schedule C compensation
- Novara Tesija Catenacci, Pllc — Schedule C compensation
- Maner Costerisan, P.C. — Schedule C compensation