Michigan Virtual University 403(B) Plan — Form 5500 plan (Michigan Virtual University)
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 Virtual University 403(B) Plan is a benefit plan reported by Michigan Virtual University under EIN 38-3414105 and plan number 001. The latest loaded filing year is 2023. The filing reports 448 participants and $20,919,484 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Michigan Virtual University
- EIN
- 38-3414105
- Plan number
- 001
- Plan type
- 2
- Location
- Lansing, MI
- Latest filing year
- 2023
- Participants
- 448
- End-of-year plan assets
- $20,919,484
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 448 | H, C | 20241014111422NAL0014824131002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,919,484
- Net assets (EOY)
- $20,919,484
- Net assets (BOY)
- $17,094,264
Income & contributions
- Employer contributions
- $626,213
- Participant contributions
- $817,878
- Total contributions
- $1,971,092
- Total income / additions
- $4,713,825
Expenses & distributions
- Benefits paid
- $845,962
- Administrative expenses
- $42,643
- Total expenses
- $888,605
- Net increase / (decrease)
- $3,825,220
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,451 | $0 | 2023 |
| Sigma Planning Corporation | INVESTMENT ADVISORY | $0 | $17,094 | 2023 |
| National Benefit Services LLC | CONTRACT ADMINISTRATOR | $2,875 | $6,589 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Michigan Virtual University
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Lansing, MI
- Principal Life Insurance Company — Schedule C compensation
- Sigma Planning Corporation — Schedule C compensation
- National Benefit Services LLC — Schedule C compensation