Plan5500

Mmpa Employee Deferred Savings Plan — Form 5500 plan (Michigan Milk Producers 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, Mmpa Employee Deferred Savings Plan is a benefit plan reported by Michigan Milk Producers Association under EIN 38-0828940 and plan number 005. The latest loaded filing year is 2023. The filing reports 395 participants and $23,114,274 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$23.1MPlan net assets, end of year$23,114,274
Participants395Covered participants reported
Assets / participant$58.5KComputed: assets ÷ participants$58,517 (computed)
Provider compensation$24.9K1 Schedule C provider row(s)$24,901
Plan sponsor
Michigan Milk Producers Association
EIN
38-0828940
Plan number
005
Plan type
2
Location
Novi, MI
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    395 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$23.1M total assets
Net assets$23.1MLiabilities$0
Money in vs. money out
Total income / additions$4.9M
Total expenses$4M
Benefits paid / distributions$4M
Contributions
Employer$306.8K
Participant$1.5M
Full reported line items

Net assets

Total assets (EOY)
$23,114,274
Total liabilities (EOY)
$0
Net assets (EOY)
$23,114,274
Net assets (BOY)
$22,212,762

Income & contributions

Employer contributions
$306,825
Participant contributions
$1,472,415
Total contributions
$1,799,465
Total income / additions
$4,892,250

Expenses & distributions

Benefits paid
$3,956,792
Administrative expenses
$24,901
Total expenses
$3,990,738
Net increase / (decrease)
$901,512
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 17%Participant 83%
Total expenses ÷ net assets17%Computed ratio
Benefits paid ÷ total income81%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Empower Annuity Insurance Company O$24.9K
    RECORDKEEPER · Direct $24.9K · Indirect $0

Related Form 5500 pages