Plan5500

Sault Sainte Marie, MI Form 5500 retirement and benefit plan filings

City Form 5500 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, Sault Sainte Marie, MI has 4 loaded benefit plan(s) reported by 3 plan sponsor(s), with $47,118,202 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
4
Plan sponsors
3
Latest filing year
2023

What stands out in Sault Sainte Marie

  • 4 loaded plans hold $47.1M in reported assets across 3 sponsors.
  • The largest, Sault Tribe 401 (K) Plan, holds 97% of reported Sault Sainte Marie plan assets.
  • Plans cover 2,402 participants — about 601 per plan.
  • 50% of loaded plans report full Schedule H/I financial statements.
  • 25% report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$47.1MSummed across loaded plans$47,118,202
Total reported assets$47.1M$47,118,202
Total reported participants2.4K2,402
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$47.1M total assets
Net assets$47.1MLiabilities$0
Contributions & income
Employer contributions$2.1M
Participant contributions$2.4M
Total income / additions$11.1M
Expenses & distributions
Benefits paid / distributions$2.5M
Total expenses$2.8M
Net increase / (decrease)$8.4M

Data coverage

Plans with financial statements2 / 4 (50%)
Plans with provider compensation1 / 4 (25%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Sault Sainte Marie, MI plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Sault Sainte Marie market comparison

Largest plan share of assets97%Sault Tribe 401 (K) Plan
Participants per plan601Average across loaded plans
Plan sponsors3
Ranked by reported assets

Largest loaded plans in Sault Sainte Marie

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Sault Tribe 401 (K) Plan$45.8M
    Sault Tribe · 2023
  2. 2
    Old Mission Employee Stock Ownership Plan$1.3M
    Old Mission Bancorp, Inc. · 2023
  3. 3
    Sault Ste Marie Tribe Of Chippewa Indians Welfare Benefit Plannot reported in the loaded dataset
    Sault Ste Marie Tribe Of Chippewa Indians · 2023
  4. 4
    Cloverland Electric Cooperative Welfare Benefit Plannot reported in the loaded dataset
    Cloverland Electric Cooperative · 2023

Largest plans in Sault Sainte Marie → · Sault Sainte Marie plans by participants → · Sault Sainte Marie plans with financial data → · Sault Sainte Marie plans with provider compensation → · $1B+ plans in Sault Sainte Marie →

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Sault Sainte Marie, MI?
4 plan(s) reported by 3 sponsor(s) are loaded for Sault Sainte Marie, MI.

Related Form 5500 pages