403(B) Thrift Plan Of Senior Resources Of West Michigan — Form 5500 plan (Senior Resources Of West Michigan)
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, 403(B) Thrift Plan Of Senior Resources Of West Michigan is a benefit plan reported by Senior Resources Of West Michigan under EIN 38-2048765 and plan number 002. The latest loaded filing year is 2023. The filing reports 146 participants and $7,418,068 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$7.4MPlan net assets, end of year$7,418,068
Participants146Covered participants reported
Assets / participant$50.8KComputed: assets ÷ participants$50,809 (computed)
Provider compensation$3281 Schedule C provider row(s)
- Plan sponsor
- Senior Resources Of West Michigan
- EIN
- 38-2048765
- Plan number
- 002
- Plan type
- 2
- Location
- Norton Shores, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 146 | H, C | 20240724082607NAL0021242112001 |
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)$7.4M total assets
Net assets$7.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $7,418,068
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,418,068
- Net assets (BOY)
- $6,047,642
Income & contributions
- Employer contributions
- $261,251
- Participant contributions
- $398,920
- Total contributions
- $706,698
- Total income / additions
- $1,698,021
Expenses & distributions
- Benefits paid
- $327,195
- Administrative expenses
- $400
- Total expenses
- $327,595
- Net increase / (decrease)
- $1,370,426
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.
40%60%
Employer 40%Participant 60%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income19%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mutual Of America Investment Corp | RECORDKEEPER | $328 | $0 | 2023 |