Wellspring Senior Support Services 403(B) Retirement Plan — Form 5500 plan (Lutheran Homes Of Michigan, Inc)

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, Wellspring Senior Support Services 403(B) Retirement Plan is a benefit plan reported by Lutheran Homes Of Michigan, Inc under EIN 38-1358410 and plan number 003. The latest loaded filing year is 2023. The filing reports 723 participants and $15,861,938 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lutheran Homes Of Michigan, Inc
EIN
38-1358410
Plan number
003
Plan type
2
Location
Saginaw, MI
Latest filing year
2023
Participants
723
End-of-year plan assets
$15,861,938

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023723H, C20241009125627NAL0032679072001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$15,861,938
Total liabilities (EOY)
$3,759
Net assets (EOY)
$15,858,179
Net assets (BOY)
$14,436,073

Income & contributions

Employer contributions
$91,601
Participant contributions
$545,667
Total contributions
$643,581
Total income / additions
$3,040,677

Expenses & distributions

Benefits paid
$1,552,040
Administrative expenses
$62,772
Total expenses
$1,618,571
Net increase / (decrease)
$1,422,106

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
MmlisBROKER/ADVISOR$0$59,5072023
Empower Annuity Ins Co Of AmericaRECORDKEEPER$51,478$02023
The Michigan Pension GroupTPA$10,235$11,1192023

Related Form 5500 pages