Great Lakes Energy Union 401(K) Plan — Form 5500 plan (Great Lakes Energy Cooperative, 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, Great Lakes Energy Union 401(K) Plan is a benefit plan reported by Great Lakes Energy Cooperative, Inc under EIN 38-3321875 and plan number 003. The latest loaded filing year is 2023. The filing reports 155 participants and $23,636,109 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Great Lakes Energy Cooperative, Inc
EIN
38-3321875
Plan number
003
Plan type
2
Location
Boyne City, MI
Latest filing year
2023
Participants
155
End-of-year plan assets
$23,636,109

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023155H, C20241001112148NAL0013473890001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$23,636,109
Net assets (EOY)
$23,636,109
Net assets (BOY)
$18,991,132

Income & contributions

Employer contributions
$365,053
Participant contributions
$1,552,512
Total contributions
$1,966,577
Total income / additions
$5,736,917

Expenses & distributions

Benefits paid
$920,555
Administrative expenses
$65,764
Total expenses
$986,319
Net increase / (decrease)
$4,750,598

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Life Insurance CompanyRECORDKEEPER$61,980$02023

Related Form 5500 pages