Michigan Healthcare Professionals, P.C. 401(K) Plan And Trust — Form 5500 plan (Michigan Healthcare Professionals, P.C.)

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 Healthcare Professionals, P.C. 401(K) Plan And Trust is a benefit plan reported by Michigan Healthcare Professionals, P.C. under EIN 45-1674932 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,858 participants and $68,996,640 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Michigan Healthcare Professionals, P.C.
EIN
45-1674932
Plan number
002
Plan type
2
Location
Farmington Hills, MI
Latest filing year
2023
Participants
1,858
End-of-year plan assets
$68,996,640

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,858H, C20241015175849NAL0049244448001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$68,996,640
Total liabilities (EOY)
$580,152
Net assets (EOY)
$68,416,488
Net assets (BOY)
$63,323,304

Income & contributions

Employer contributions
$0
Participant contributions
$5,878,528
Total contributions
$5,964,546
Total income / additions
$13,796,426

Expenses & distributions

Benefits paid
$8,076,522
Administrative expenses
$5,904
Total expenses
$8,662,578
Net increase / (decrease)
$5,133,848

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$7,306$02023

Related Form 5500 pages