Semco Energy, Inc. Retiree Medical Plan — Form 5500 plan (Semco Energy, 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, Semco Energy, Inc. Retiree Medical Plan is a benefit plan reported by Semco Energy, Inc. under EIN 38-2144267 and plan number 521. The latest loaded filing year is 2023. The filing reports 290 participants and $11,720,960 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Semco Energy, Inc.
- EIN
- 38-2144267
- Plan number
- 521
- Plan type
- 2
- Location
- Port Huron, MI
- Latest filing year
- 2023
- Participants
- 290
- End-of-year plan assets
- $11,720,960
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 290 | H, C | 20241015153802NAL0057007154001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,720,960
- Total liabilities (EOY)
- $12,720
- Net assets (EOY)
- $11,708,240
- Net assets (BOY)
- $11,034,197
Income & contributions
- Employer contributions
- $213,231
- Participant contributions
- $878,175
- Total contributions
- $1,091,406
- Total income / additions
- $2,607,517
Expenses & distributions
- Benefits paid
- $1,370,114
- Administrative expenses
- $563,360
- Total expenses
- $1,933,474
- Net increase / (decrease)
- $674,043
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Carefirst Bluecross Blueshield | CONTRACT ADMINISTRATOR | $150,060 | not reported in the loaded dataset | 2023 |
| Cvs Caremark | CONTRACT ADMINISTRATOR | $12,245 | not reported in the loaded dataset | 2023 |
| Bdo Usa, P.C. | PLAN AUDITOR | $6,370 | not reported in the loaded dataset | 2023 |
| Comerica Bank | DIRECTED TRUSTEE | $5,450 | $0 | 2023 |
| Schwartz & Co. | INVESTMENT ADVISOR | $5,006 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Semco Energy, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Port Huron, MI
- Carefirst Bluecross Blueshield — Schedule C compensation
- Cvs Caremark — Schedule C compensation
- Bdo Usa, P.C. — Schedule C compensation
- Comerica Bank — Schedule C compensation
- Schwartz & Co. — Schedule C compensation