Cherry Health 403(B) Retirement Plan — Form 5500 plan (Cherry Street Services, 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, Cherry Health 403(B) Retirement Plan is a benefit plan reported by Cherry Street Services, Inc. under EIN 38-2853534 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,005 participants and $37,380,179 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Cherry Street Services, Inc.
EIN
38-2853534
Plan number
001
Plan type
2
Location
Grand Rapids, MI
Latest filing year
2023
Participants
1,005
End-of-year plan assets
$37,380,179

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,005H, C20241002160350NAL0009102161001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$37,380,179
Total liabilities (EOY)
$0
Net assets (EOY)
$37,380,179
Net assets (BOY)
$32,075,598

Income & contributions

Employer contributions
$1,269,326
Participant contributions
$2,420,350
Total contributions
$4,505,310
Total income / additions
$9,921,373

Expenses & distributions

Benefits paid
$4,393,078
Administrative expenses
$223,714
Total expenses
$4,616,792
Net increase / (decrease)
$5,304,581

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
NationwideCUSTODIAN$146,731$02023
Beene Garter A Doeren Mayhew FirmTPA$56,091$02023
Iron-Co-Fid ComprehensiveINVESTMENT MANAGEMENT$17,410not reported in the loaded dataset2023

Related Form 5500 pages