Michigan Pallet, Inc. 401(K) Plan — Form 5500 plan (Michigan Pallet, 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, Michigan Pallet, Inc. 401(K) Plan is a benefit plan reported by Michigan Pallet, Inc. under EIN 38-2904761 and plan number 001. The latest loaded filing year is 2023. The filing reports 213 participants and $6,060,668 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Michigan Pallet, Inc.
- EIN
- 38-2904761
- Plan number
- 001
- Plan type
- 2
- Location
- Saint Charles, MI
- Latest filing year
- 2023
- Participants
- 213
- End-of-year plan assets
- $6,060,668
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 213 | H, C | 20241011100458NAL0012351651001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,060,668
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,060,668
- Net assets (BOY)
- $4,814,186
Income & contributions
- Employer contributions
- $82,721
- Participant contributions
- $370,255
- Total contributions
- $452,976
- Total income / additions
- $1,500,112
Expenses & distributions
- Benefits paid
- $204,858
- Administrative expenses
- $48,772
- Total expenses
- $253,630
- Net increase / (decrease)
- $1,246,482
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Valmark Advisers Inc | INVESTMENT ADVISOR | $20,776 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $17,879 | $0 | 2023 |
| Monroe Sweeris & Tromp Plc | CONTRACT ADMIN | $9,500 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $617 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Michigan Pallet, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Saint Charles, MI
- Valmark Advisers Inc — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Monroe Sweeris & Tromp Plc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation